Bewitching fragrances and a symphony of sounds would herald the arrival of Chauthi in the Someshwar home.
Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2 billion (over Rs 16,700 crore) share sale by its flagship entity Adani Enterprises next month, according to a source close to the matter.
To tackle increasing demand, the Union Ministry of Power has urged central and state public-sector power-generating companies (gencos) and state power and energy departments to pick projects that are undergoing insolvency proceedings. The power ministry is looking at a quicker turnaround of these stressed power plants and enhancing power supply. Increasing demand is pushing states to scout for more power sources. "It is requested that state-owned gencos may be encouraged to participate in the corporate insolvency resolution process (CIRP) of stressed power assets, which are of strategic and commercial significance to the capacity addition plans of the states concerned.
A host of Indian companies, including Reliance Industries (RIL), Videocon, Moser Baer, Titan Energy, KSK Energy Ventures and Signet Solar, have submitted proposals worth over Rs 60,000 crore to the government for manufacturing wafers, polysilicon, solar cells, solar photovoltaic modules (SPV) and liquid crystal display (LCD) for semiconductor devices.
KSK Emerging India Energy Fund Limited on Tuesday became the fourth Indian firm to float on AIM in the last four weeks, the London Stock Exchange announced. Between them the four new Indian firms have raised about $387 million. The other three Indian firms to have joined AIM over the past month are Indus Gas, OPG Power Ventures and Mortice Ltd.
Earlier bidders in the SHAKTI auction were finding it difficult to meet their PPA obligations owing to shortfall in coal supply. The industry lobby has urged the Centre to review the guidelines and allow former participants as well.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
"In all cases it appears the impact was minor and the issues were quickly resolved," an ICANN spokesperson said.
Jindal Power bagged 2 coal mines in Chhattisgarh.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
A round-up of Ranji matches played on Sunday
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