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President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

India's mega power projects grind to a slow halt

With their balance sheets under stress, private companies have lost interest in power projects. At Rs 1.19 a unit, power generated from the Sasan ultra mega power project (UMPP) in Madhya Pradesh......

Govt plans to set up 5 new UMPPs at Rs 1 lakh cr investment

India will set up 5 more ultra mega power projects, entailing investments of around Rs 1 lakh crore (Rs 1 trillion), the government said on Saturday. "Five more ultra mega power projects, under the......

Markets end flat ahead of F&O expiry, shrug off SC verdict

The 30-share Sensex lost 31 points to end at 26,745 and the 50-share Nifty shed 15 points to close at 8,002.  Market ended flat on Wednesday, amid a choppy trading session, as investors turned......

Govt begins work on four new ultra mega power projects

The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.Government has started the process for setting up four new ultra mega power......

Reliance Power gets CERC rap, may lose tariff benefit

The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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