Published : 07 March 2024
By : Sachin Gupta
RBI bars JM Financial Products from share and bond funding
Due to regulatory infractions and governance shortcomings, the Reserve Bank of India (RBI) prohibited JM Financial Products Ltd from engaging in any kind of share and bond financing activity.
Power company NTPC has awarded a contract to Bharat Heavy Electricals Ltd (BHEL) for the construction of the 1,600 MW Singrauli thermal power plant (Stage-II). The order value, exclusive of GST (goods and services tax), exceeds Rs 9,500 crore.
BHEL bags order worth Rs 9,500 cr from NTPC