Sat, Jan 2, 2021 11:04 AM
Housing finance cos face asset quality challenges in 2021
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SJVN Green Energy Limited, has partnered with Assam Power Distribution Company Limited to establish a new joint venture company named SGEL Assam Renewable Energy Limited. As of March 2024, LIC owns 1.73% while FIIs bought 2,68,31,848 shares and increased their stake to 2.36% compared to 1.68% in December 2023. On Friday, shares of SJVN Ltd plunged 2.85% to Rs 124.20 per share.
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Stock market next week: When the Indian stock market opens on Monday, EaseMyTrip shares will be in focus as the tour and travel company has infused capital in the Mumbai-based company Etrav Tech Ltd. In a press statement issued by Etrav Tech Ltd, it has been declared that the tour and travel company has infused $3.9 million capital or ₹33 crore in the Mumbai-based company.
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HONG KONG: Hong Kong's accounting regulator said it would start an investigation into PwC's role in auditing Chinese real estate giant Evergrande, citing the publication of a "whistle-blower report". Heavily indebted Evergrande has become a symbol of the years-long crisis in China's property market, and last month its onshore unit was accused of a $78 billion revenue overstatement.
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