Adani Green Energy and Adani Energy Solutions soared 21% and 13.4% respectively after being included in the National Stock Exchange's futures and options segment, contributing to an ₹628 billion increase in the Adani group's market capitalization. Adani Green Energy and Adani Energy Solutions contributed 81% to the group's rise in market capitalization.
Open FlipONGC Videsh, a subsidiary of ONGC, has acquired a 0.615% stake in Azerbaijan's Azeri-Chirag-Gunashli oil field and a 0.737% share in the Baku-Tbilisi-Ceyhan pipeline company, valued at $60 million, expanding its existing stake in Azerbaijan's energy assets. ONGC Videsh's production of Oil and Oil Equivalent Gas (O+OEG) during FY'24 was 10.518 MMtoe.
Open FlipIndia's electronics manufacturing sector is set for growth, driven by government policies and increasing demand. Electronics production is projected to reach USD 500 billion by 2030. Key initiatives like the PLI scheme are boosting domestic manufacturing. Automotive electronics, in particular, is expected to see significant expansion.
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