SPV has acquired a 51% equity share capital through Torrent Power Limited, Dadra & Nagar Haveli and Daman and Diu Union Territorial Administrator (SPA) and Shareholders Agreement (SHA). SPV is responsible for the supply and retail supply of electricity from the holding company and holds the distribution license in Dadra and Nagar Haveli and in the Daman and Diu Union Territory. The acquisition will significantly strengthen Torrent’s position as the nation’s leading electricity supplier.
Tata Communications
Formula 1 and Tata Communications, the global digital ecosystem that drives the fast-growing digital economy, today announced a multi-year strategic partnership. Tata Communications is back in the game as the official broadcast link provider for Formula 1. It aims to provide and enhance a world-class, technologically advanced experience to fans worldwide.
The most profitable stocks today
Ultratech Cement, Axis Bank, Indusland Bank, HDFC Bank and Infosys were the top gainers in the Nifty 50 index. The top gainers in the BSE Sensex are Sri Cements, Bajaj Auto, Ultratech Cement, Axis Bank and IndusInd Bank.