• Tata Power Renewable Energy arm gets Letter of Award (LoA) to set up 966 MW Round-the-clock (RTC) hybrid renewable power project for Tata Steel.
• Tata Steel will invest 26% equity in the said project.
• According to sources, the Canada Pension Fund is planning to divest a stake of 1.66% in Kotak Mahindra Bank, with an estimated value of approximately $754 mn (at the upper end).
• Blue Dart's board has approved the appointment of Ms. Sudha Pai as Chief Financial Officer (CFO) and Mr. V.N. Iyer as Group Chief Financial Officer (Group CFO), effective from September