Tuesday, November 2, 2021

Adani Power gets NCLT nod to acquire Essar#39;s 1,200 MW Mahan project

Adani Power gets NCLT nod to acquire Essar#39;s 1,200 MW Mahan project NCLT, Principal Bench at New Delhi, in its order dated November 01, 2021, approved the resolution plan submitted by Adani Power Ltd for acquisition of EPMPL (Essar Power M P Ltd), a company undergoing insolvency resolution under the Insolvency and Bankruptcy Code, Adani Power stated in a BSE filing.

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...