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Reliance Jio Q1 FY25 reports positive signs for its future prospects, Reliance Jio IPO awaited!

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Reliance Jio Q1 FY25 reports Reliance Jio IPO awaited!

Reliance Jio, the telecom arm of Reliance Industries Limited (RIL), reported a strong performance in Q1 FY25, with a 12% year-on-year increase in net profit to ₹5,445 crore. This growth was driven by a 10.33% rise in operating revenue to ₹26,478 crore, primarily due to an increase in subscribers and data consumption. Reliance Jio Q1 Read more: Reliance Jio Q1 FY25 reports positive signs for its future prospects, Reliance Jio IPO awaited!..

IDBI Share Surge 4.57% amid RBI’s fit and proper report on potential bidders

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IDBI Share Surge 4.57% amid RBI’s 'fit and proper' report

IDBI share price has shown a positive trend recently. As of July 18, 2024, it is trading at ₹91.90, marking a 4.57% increase compared to the opening price of ₹88.10, after the Reserve Bank of India (RBI) issued a ‘fit and proper’ report on potential bidders for the bank’s privatization. This move signals progress in Read more: IDBI Share Surge 4.57% amid RBI’s fit and proper report on potential bidders..

ABD approved $240.5 Million loan to support Solar Rooftop Investment Program in India

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ABD approved $240.5 Million loan to support Solar Rooftop Investment Program

Solar Rooftop Investment Program (SRIP) – The Asian Development Bank (ADB) has approved a $240.5 million loan to finance rooftop solar systems in India. This funding will support the second and third tranches of the Solar Rooftop Investment Program, focusing primarily on residential installations. This loan aims to expand renewable energy access, it will l Read more: ABD approved $240.5 Million loan to support Solar Rooftop Investment Program in India..