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Reliance Industries: RIL Unit, Greenko JV among 8 chosen for electrolyser incentive scheme

Several companies, including Ohmium Operations, Reliance Electrolyser Manufacturing, Greenko, Jindal India, Advait Infratech, Larsen & Toubro (L&T) unit, and Homihydrogen, have emerged as winners in the first phase of the Indian government s ₹4,440-crore electrolyser incentive scheme. The scheme saw interest from 21 companies, and the results of the financial bids are subject to revision ....

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unutilised GIDC plots: Gujarat govt to pay full allotment price for unutilised GIDC plots on voluntary return

Gujarat s state government has announced a voluntary return of unutilized open plots in unitilized Gujarat Industrial Development Corporation (GIDC) sites, aiming to help new industries set up plants. The move, announced by Chief Minister Bhupendra Patel, will allow plot holders to reclaim the amount paid at the time of allotment, up to a maximum limit of 75% of the current allotment price. ....

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Adani Group: How the Adani Group reduced leverage to emerge stronger in the 12 months following the Hindenburg allegations

Investors appear confident rather than worried. Four of the ten listed stocks have fully recovered from their lowest since Hindenburg triggered the crash. Adani Power has more than doubled, while Adani Ports has gained 52%. ACC and Ambuja Cement have also recovered to the pre-Hindenburg level. However, Adani Wilmar, Adani Energy Solutions and Adani Total Gas still trade 33-73% lower. ....

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