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NHPC s power generation may be affected this year due to the flood disaster in the Teesta basin in Sikkim. The recovery of two out of three damaged projects is in progress. The response to the non-deal roadshow ahead of the OFS was positive, with investors showing interest in the company s growth. The proposed hikes in ROEs for hydro projects will provide adequate coverage for the risks involved. NHPC plans to commission the Parbati and Subansiri projects in FY25. ....
While major economies recover from economic challenges, Bangladesh struggles with a concerning trend. The revenue collection has fallen short of target, signalling economic strain ahead, prompting officials to voice apprehensions about bleaker prospects. The National Board of Revenue (NBR) chairman acknowledges the difficulty of achieving revenue targets in an election year ....
Tata Sons got a dividend of Rs 33,252 crore in FY23 compared with Rs 11,499 crore in FY22. Of this, Rs 29,881 crore was from Tata Consultancy Services. TCS, in FY23, paid a dividend of 11,500% or Rs 42,090 crore to its shareholders. Tata Sons holds 72.27% of India s largest IT exporter. ....