Reliance Power Shares Rally as ₹2,000 Crore Solar Project Gets Green Light in Bhutan
Reliance Power is teaming up with Bhutan's DHI to launch a massive ₹2,000 crore solar project. This marks Bhutan's largest private solar investment and has fueled a 10% surge in Reliance's stock, spotlighting investor faith in the company's push into renewables.
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Reliance Power Stock Soars on Record Surge After ₹2,000 Crore Bhutan Solar Plant Announcement
Reliance Power shares rocketed 19% after announcing a ₹2,000 crore joint venture with Bhutan’s DHI to build the nation’s largest 500 MW solar plant, backed by a new long-term power agreement. The deal boosted investor confidence but analysts still urge caution due to continued volatility.
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India-UK Free Trade Agreement Marks New Era for Bilateral Trade and Investment
India and the UK clinched a groundbreaking Free Trade Agreement on May 6, 2025. The deal slashes tariffs on British whisky and gin, opens the UK market for Indian textiles and leather, and aims to strengthen economic ties. Leaders expect the pact to drive growth, jobs, and innovation, building on £42.6 billion in 2024 bilateral trade.
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Bajaj Housing Finance's Profitable Growth: Q3 Earnings Showcase Remarkable 25% Increase
Bajaj Housing Finance has reported a significant 25% increase in net profit amounting to Rs 548 crore for the third quarter of the financial year 2024-25. The company also experienced a 26% year-on-year rise in revenue, reflecting its robust financial performance. Key figures include a 25% increase in Net Interest Income to Rs 933 crore and a 31% growth in loan assets, highlighting its strong market position.
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