Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings (ECB), tying up with 12 international banks for the finance.
With the global economic growth slowing, Morgan Stanley in its research report has revised India's GDP growth estimates to 7.2 percent in FY23 from 7.6 percent and 6.4 percent for FY24 from 6.7 percent.
EXAMIANS