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RBI has introduced measures to curb rupee volatility, which could ease immediate depreciation pressures in the currency market.
Key PointsBloom Energy has grown immensely from sales of its energy servers to companies involved in building AI infrastructure.
The company has fixed a price band of ₹275-289 per share, valuing the company at approximately ₹4,200 crore at the upper end of the price band
McMullen's acquisition brings his beneficial ownership to approximately 45% of the company, signaling continued confidence in the upstream energy firm's prospects.
