Tata Powers renewable arm raises Rs 4k cr from BlackRock; stk crashes 7.5% - Business Standard

4/18/2022 12:00:00 AM3 yearsago
by SI Reporter
by SI Reporter
On Thursday, the Tata group's power unit on Thursday said it was raising Rs 4,000 crore (or $525 million) from a consortium of investors, including BlackRock and Mubadala, to scale up its renewable en
Shares of Tata Power crashed 7.5 per cent to Rs 252 apiece on the BSE on Monday as investors booked profit in the stock, post the company's announcement of rasising Rs 4,000 crore for its renewable e… [+4067 chars]
full article...