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JSW Energy JSW Renew Energy Two Limited, a 100% step-down subsidiary of the company, has commissioned 300 MW of wind power capacity as part of the 450 MW ISTS-connected wind power project, awarded under Solar Energy Corporation of India's Tranche X, located in Tuticorin, Tamil Nadu. Adani Green Energy and Adani Power Adani Green Energy will sign a long-term Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company Limited (MSEDCL), based on the Letter of Intent (LOI), for the supply of 5 GW (5000 MW) of solar power. This will come from the world’s largest renewable energy park, currently being developed at Khavda in Gujarat’s Kutch District, to the state of Maharashtra, as outlined in the LOI awarded to Adani Power Limited, in line with tender conditions. Meanwhile, Adani Power Limited (APL) will enter into a long-term Power Supply Agreement (PSA) with MSEDCL for the supply of 1496 MW (net) of thermal power to Maharashtra. This power will be sourced from a new 1600 MW ultra-supercritical thermal power project. Royal Orchid The company has received an arbitration award, which includes a refund of the security deposit from Rock Reality Private Limited, amounting to Rs 2,14,26,000, along with damages of Rs 25,00,000. The award was pronounced on September 10, 2024. This award pertains to the arbitration case between Royal Orchid Hotels Limited and Rock Reality Private Limited, conducted under the Arbitration and Conciliation Act, 1996. EIH Ltd The company, in its board meeting held yesterday, has approved an investment to develop a mixed-use project in Pune, comprising the following: A Trident Hotel with approximately 175 keys (1.81 lakh sq. ft.). A commercial development featuring office space and food-and-beverage-focused retail outlets (4.08 lakh sq. ft.). The total estimated cost of the project is Rs 972 crores, with commercial operations expected to commence in Q1 FY 2029-30 Avenue Supermarts The company opened a new store in Sagar, Madhya Pradesh, bringing the total number of its stores to 376. GMR Airports In August, passenger traffic increased by 9 percent year-on-year and 0.1 percent month-on-month to 10.6 million. Domestic passenger traffic rose by 7.4 percent  year-on-year. Interglobe Aviation (IndiGo) In August, IndiGo's market share rose to 62.4 percent, up from 62 percent in July, reversing a decline of 80 basis points in June. After losing 160 basis points in January 2024, the airline's market share has been improving. IndiGo carried 8.19 million passengers in August. SpiceJet SpiceJet's market share dropped to 2.3 percent in August from 3.1 percent in July, marking a fifth consecutive month of decline. The airline, which carried 302,000 passengers in August, has seen its market share decrease from a peak of 10.7 percent in February 2022. The company told CNBC-TV18 that it has secured approval to raise funds via a postal ballot, with 99.8 percent approval. This move is part of the airline's turnaround strategy, which includes plans to raise Rs 2,500 crore through a QIP and Rs 736 crore from warrants and promoter contributions. Zydus Lifesciences The company's wholly-owned subsidiary, Zydus Lifesciences Global FZE, has signed an exclusive licensing and supply agreement with Viwit Pharmaceuticals for two gadolinium-based MRI contrast agents for the US market. Exide Industries The company has invested Rs 100 crore in its wholly-owned subsidiary, Exide Energy Solutions Ltd (EESL), via a rights issue. With this investment, Exide Industries' total funding in EESL has reached Rs 2,752.2 crore, maintaining its 100 percent shareholding in the subsidiary. Listings on September 16 Mainboard: Bajaj Housing Finance, Tolins Tyres, Kross SME:  Aditya Ultra Steel, Shubhashree Biofuels, Share Samadhan, Gajanand International F&O Ban Aarti Industries, Balrampur Chini Mills, Chambal Fertilisers and Chemicals, Granules India, RBL Bank, Hindustan Copper.

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