All stories by Jyoti Mukul
How india Inc biggies are going greenRediff.com6 Jan 2022
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
Tatas in talks with Taiwan firms to make chips in IndiaRediff.com22 Dec 2021
Tata Group is in discussions with some major international companies, including those from Taiwan, for its foray into the semiconductor chip business. The Union government had earlier tried to bring in Taiwanese manufacturers Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) for chip manufacturing in India. A person close to the development said the Tatas have now opened a separate channel for a possible tie-up. Currently, India mostly imports chips, which are fabricated and assembled to put into various applications, including automobiles, renewable power, mobile phones, televisions, and other electronic items.
Power crisis: Lessons India can learn from ChinaRediff.com20 Oct 2021
China on Tuesday announced a major policy change for its crisis-ridden power sector by allowing coal-fired power plants to charge their industrial and commercial customers market-driven prices. The National Development and Reform Commission (NDRC) of China said the electricity generated by coal-fired plants would discover price in market trading "in an orderly manner" from October 15. This is being done to pass on the high costs of coal and is being held up as the boldest reform in the Chinese power sector.
How Reliance managed to stay afloat amid Covid bluesRediff.com12 Jul 2021
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
Questions remain over why ONGC personnel ignored Tauktae warningRediff.com20 May 2021
It looks unlikely that a proper plan was in place or else the deaths could have been averted, reports Jyoti Mukul.
Scrapping vehicles in volumes to curb pollution will be a tough taskRediff.com6 May 2021
For deciding which vehicles are to be scrapped, the setting up of fitness centres and regulating them would be a humongous task.
How India Inc is going all out to help tackle oxygen shortageRediff.com26 Apr 2021
The Tatas, L&T and Bharat Forge expressed interest in building pressure swing adsorption oxygen plants at hospital sites, while IOC and RIL are pitching in with both oxygen and cryogenic tankers needed for its transportation.
Covid-hit India needs 5000 tonnes of medical oxygen a dayRediff.com20 Apr 2021
According to industry figures, the pre-Covid demand for liquid medical oxygen (LMO) before the pandemic was 700 tonnes per day across the country. Now, with the second wave, the demand has gone up more than seven times, reports Jyoti Mukul.
Cairn Energy CEO Thomson to meet FM next week over arbitration awardRediff.com10 Feb 2021
A senior company executive said the company waited for seven years for the verdict and its shareholders needed to know when it would be concluded.
Why FDI in oil & gas is in a messRediff.com13 Oct 2020
The retrospective tax controversy was highlighted by Vodafone, but Cairn Plc's continuing problems point to the impact this law has had on FDI in India's oil and gas sector.
Debt exposure remains a big risk for infra king Gautam AdaniRediff.com8 Sep 2020
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
China's retreat from this other 'battle' is a boon for IndiaRediff.com18 Jun 2020
While the Chinese dispute was with the EU, its decision to not pursue this will help the United States and India. Besides, this could help Indian exporters replace Chinese goods in the EU and the US.
Centre ups infra projects offering to Rs 111-trillionRediff.com30 Apr 2020
The infrastructure spending target for 2020-25 was revised because of additional and amended data provided by central ministries, state governments since the release of the summary NIP Report in December 2019 when it was pegged at Rs 100 trillion.
PSU telcos too hit with demand to pay AGR duesRediff.com16 Feb 2020
Oil India and other PSUs had filed clarificatory /modificatory petition before the Supreme Court. These companies own and operate telecom networks though they do not provide telecom services.
BPCL stake sale: An acid test for Modi govtRediff.com26 Dec 2019
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
Tata Power inks pact with Rockefeller Foundation to light up BharatRediff.com5 Nov 2019
Tata Power will target 10,000 micro grids across India, for which it has formed a company, TP Renewable Microgrid.
Coming soon near you: Privately-run petrol pumps!Rediff.com24 Oct 2019
With the government reducing the net worth for new entities in fuel-marketing space to Rs 250 crore, the market is open for new players like Total, Adani, and Saudi Aramco -- and even supermarkets - to open fuel outlets.
Getting private funding will be an uphill task for RailwaysRediff.com26 Jul 2019
Though the Railways is yet to declare any five-year action plan, it is clear the government is not in a position to hand-hold it for any major expansion or upgrade. The issue, however, is how far the Railways can function within the PPP format. Recent history highlights some of the challenges.
Budget 2019: With subsidy bill rising, Sitharaman banks on oil price dipRediff.com6 Jul 2019
More than half of the total subsidy provisioning, amounting to 54 per cent, is going towards food subsidy, which is estimated at Rs 184,220 crore for 2019-20 - a 7.5 per cent increase over the revised estimates for 2018-19.
A peek into Modi's infrastructure blueprintRediff.com27 May 2019
Getting private sector back in a big way would be the topmost priority since the government has a limited fiscal headroom.