Shares of Reliance Industries rose 1.8% to a record high on Monday after the Indian oil-to-telecom conglomerate announced two deals over the weekend to buy solar capacity in its latest push towards becoming net carbon zero by 2035.
REC has patented technology and opens up the export market for Reliance's solar business, analysts at Jefferies said in a note on Sunday.
Shares of Sterling and Wilson Solar jumped 17% to their highest in nearly two years in heavy-volume trade, as the Reliance deal adds to its growing portfolio of projects globally.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coldplay Renews Warner Music Deal Via Parlophone & AtlanticAs 'My Universe' debuts at No. 1 on the Hot 100, Coldplay has renewed its record deal with WMG, signing a long-term pact with Parlophone and Atlantic Records.
Read more »
Column: Forget Russian intentions, fundamentals drove up Europe's gas price: KempEuropean policymakers and some traders blame Russia for the low volume of gas stored across the region which has sent both gas and electricity prices surging to record highs.
Read more »
Bella Poarch Has Built an Impressive Net Worth in Her 14 Months of TikTok FameBella Poarch became famous for a viral lip syncing video on TikTok in August 2020 and now has a record deal, NFTs, and a net worth of
Read more »
Soaring Home Prices Are Roiling Appraisals and Upending SalesAppraisals don't always keep up with soaring home prices. Banks will typically lend only enough to cover the appraised value, leaving some buyers forced to make up the difference, renegotiate the price or let the deal fall through.
Read more »
Tensions high as India detains hundreds in KashmirAssailants fatally shot three Hindus and a Sikh person in the region’s main city of Srinagar this week in a sudden rise in violence against civilians that both pro- and anti-India Kashmiri politicians widely condemned.
Read more »