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NTPC, Siemens, M&M, Angel One in Spotlights

Picture Source:Internet

On 17 January 2023, NTPC Renewable Energy Ltd (NTPC REL) signed an MoU with the Government of Tripura for the Development of Floating and Ground Mounted based Renewable Energy Projects in Tripura.

Last year, M&M announced pricing for its first electric SUV, the fun and fast XUV400, unveiled at World EV. The XUV400 is designed and built for car buyers looking to join the electric revolution. Set to lead Mahindra’s electrification journey forward, the all-electric SUV starts at Rs 15.99 lakh.

Siemens has received an order for 1,200 locomotives of 9000 horsepower (HP) from Indian Railways. The company will manufacture, design, test the locomotives and commission them. The contract has approximately Rs 26,000 crore (approximately), excluding taxes and price variation.

On a consolidated basis, the net profit of Angel One reported a 38.3% rise to Rs 227.7 crore on a 25.5% increase in total income to Rs 759.7 crore in the October-December quarter of FY23 over the October-December quarter of FY22.

The V-Mart Retail fire accident occurred at its store in Kanpur, Uttar Pradesh yesterday. The company is verifying the actual damage caused by the fire.

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