News for '-mundra'

Adani verdict cheers India's power industry

Adani verdict cheers India's power industry

Rediff.com4 Apr 2013

The regulatory body has said Adani's power purchase agreements with Gujarat and Haryana would be maintained.

Tariff case stalls investment plans for Tata Power

Tariff case stalls investment plans for Tata Power

Rediff.com28 May 2013

It is awaiting clarity on a regulatory decision allowing it to raise tariffs.

Gujarat still close to Modi's heart, gets new projects

Gujarat still close to Modi's heart, gets new projects

Rediff.com28 Aug 2014

Even while the union budget may not have announced many direct schemes for Gujarat, the state has been a major beneficiary under Prime Minister Narendra Modi's first 100 days in office.

Power games: How Adani shifted base and claimed relief

Power games: How Adani shifted base and claimed relief

Rediff.com8 Apr 2013

The company proposed to move site for supply to Gujarat from Korba to coastal Mundra within 10 days of signing PPA.

Reserve Bank hires outside talent to boost market nous

Reserve Bank hires outside talent to boost market nous

Rediff.com3 Sep 2015

The new hire, Gangadhar Darbha, joined as a consultant

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

'Even the RBI was caught by surprise and was totally unprepared to handle its fallout'

Rediff.com8 Nov 2021

I kept insisting that Rs 100 notes were in short supply and there was an urgent need to augment the supply of 100 rupee notes while also rapidly bringing into circulation the proposed new Rs 500 notes. But this was easier said than done because all the note printing machines of the RBI were programmed for printing Rs 2,000 notes and required at least three weeks before the machines could print the new Rs 500 currency notes. The availability of currency paper posed another major bottleneck, and it had to be imported. It was decided to immediately start printing the Rs 500 notes. It was only when the supply of the new Rs 500 notes started improving and the process of change of cassettes at the ATMs gathered momentum that the situation began limping back to normal. A fascinating excerpt from former SBI chairman Rajnish Kumar's The Custodian of Trust: A Banker's Memoir, five years after demonetisation, November 8.

Govt denotifies Adani SEZ, company to reapply

Govt denotifies Adani SEZ, company to reapply

Rediff.com17 Oct 2012

SEZ in Mundra, Gujarat denotified for three violations.

Jadavpur University student quits after severe ragging

Jadavpur University student quits after severe ragging

Rediff.com11 Oct 2012

An engineering student of the Jadavpur University has filed a police complaint, alleging he had to leave the university because of severe ragging at the hands of senior students in the hostel where he was staying.

Adani says got no special favours from Modi

Adani says got no special favours from Modi

Rediff.com27 Apr 2014

With political parties using him as punching bag in the highly charged election campaign, Adani Group head Gautam Adani on Sunday said he got no special favours from Narendra Modi and his group has since 1993 acquired only barren waste land for infrastructure projects.

Hemmed in at home, Tata Power swings focus abroad

Hemmed in at home, Tata Power swings focus abroad

Rediff.com1 Jan 2013

African joint venture Cennergi, formed six months earlier, already executing projects

Maruti Suzuki's cumulative exports cross one-million mark

Maruti Suzuki's cumulative exports cross one-million mark

Rediff.com30 Apr 2012

The country's largest car maker Maruti Suzuki India on Monday said its cumulative exports have crossed one million units with the milestone car headed for Denmark.

What is RBI's February 12 circular all about?

What is RBI's February 12 circular all about?

Rediff.com12 Feb 2019

The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.

Maruti plans to export Alto 800 from December

Maruti plans to export Alto 800 from December

Rediff.com17 Oct 2012

Going all out to market the all new Alto 800, pricing the base variant of the new car lower than the outgoing model, Maruti Suzuki India Ltd (MSIL), today said it will start exporting the car from Gujarat's Mundra port from December this year. The first export market is likely to be Chile in South America.

Body blow for special economic zones

Body blow for special economic zones

Rediff.com2 Mar 2016

The change in the latest Budget will impact the sale and rent of SEZ units of companies like Adani Port, which has large SEZs in Mundra.

Govt cancels Rs 200-crore green fine on Adani

Govt cancels Rs 200-crore green fine on Adani

Rediff.com2 Jul 2016

Adani Ports & SEZ was ordered to pay for damage to environment during the UPA govt

IDBI Bank MD M K Jain appointed RBI Deputy Governor

IDBI Bank MD M K Jain appointed RBI Deputy Governor

Rediff.com4 Jun 2018

As per the RBI Act, the central bank should have four deputy governors - two from within the ranks and one commercial banker and the fourth one an economist to head the monetary policy department.

Cyclone Nilofar: About 30,000 to be evacuated on Wednesday

Cyclone Nilofar: About 30,000 to be evacuated on Wednesday

Rediff.com29 Oct 2014

An estimated 30,000 people along coastal areas will be moved to safer places in Kutch district of Gujarat from Wednesday as the very severe cyclonic storm Nilofar hurtles towards the state and slams it by November 1 afternoon.

In FY16-17 promoters infused Rs 1,700-cr equity in Adani Power

In FY16-17 promoters infused Rs 1,700-cr equity in Adani Power

Rediff.com10 Jan 2017

The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.

Adani becomes largest pvt thermal power producer

Adani becomes largest pvt thermal power producer

Rediff.com7 Jun 2011

Adani says the company would have a generation capacity of 6,000 Mw by 2011-12.

Adani Enterprises Q1 profit rises to Rs 557 crore

Adani Enterprises Q1 profit rises to Rs 557 crore

Rediff.com9 Aug 2014

Adani Enterprises, the flagship company of the Adani Group, reported a profit after tax of Rs 557 crore for the first quarter ended June 30, 2014 on the back of a 43 per cent jump in revenue.

Now, Bajaj wants to set up a plant in Gujarat

Now, Bajaj wants to set up a plant in Gujarat

Rediff.com20 Jul 2011

Bajaj Auto is planning to set up its fourth and largest plant near the Mundra port in Gujarat. The plant will also manufacture the long-awaited passenger car the company is developing with Nissan-Renault.

India's outward FDI halves to $5.47 bn in June

India's outward FDI halves to $5.47 bn in June

Rediff.com12 Jul 2011

Outward flows totalled $12.27 billion in June 2010.

Adani buys Australian port for $2 bn

Adani buys Australian port for $2 bn

Rediff.com3 May 2011

Adani says size of the balance sheet of the company will double after the acquisition.

Govinda: Could not cash in on Partner's success

Govinda: Could not cash in on Partner's success

Rediff.com28 Apr 2011

The actor talks about his new film, his stint in politics and more.

'No penalty for violation of environment norms in last 2 years'

'No penalty for violation of environment norms in last 2 years'

Rediff.com18 Jul 2016

The Environment Ministry had earlier this month termed as "incorrect" claims that Adani Port and SEZ was spared a hefty fine of Rs 200 crore.

6 Indian ventures among world's most innovative infra projects

6 Indian ventures among world's most innovative infra projects

Rediff.com13 Nov 2014

Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.

National Film Awards: Prez can spare only 1 hr; winners upset

National Film Awards: Prez can spare only 1 hr; winners upset

Rediff.com3 May 2018

'They are not called the President's National Awards for no reason.'

Adani bets big on renewable energy

Adani bets big on renewable energy

Rediff.com23 Jan 2020

Eyeing to become India's largest player in 2020 Adani Group plans to invest 70 per cent of its capital expenditure in clean energy and energy efficient systems.

Coal India to be among India's top 10 companies

Coal India to be among India's top 10 companies

Rediff.com25 Oct 2010

Coal India IPO has become a runaway success, beating all records to become the largest public issue in India.

Raw sugar piles up at ports

Raw sugar piles up at ports

Rediff.com28 Jan 2010

Nearly 750,000 tonnes of imported sugar are stuck at the Kandla and Mundra ports even as prices skyrocket in the domestic market. That's because the sugar importing mills in Uttar Pradesh have still not been able to arrive at an agreement on processing imported raw sugar by millers in Maharashtra and Gujarat.

For projects that are stuck, answer lies in 'file under submission'

For projects that are stuck, answer lies in 'file under submission'

Rediff.com2 Sep 2013

In many cases, all that is required is a final letter from the ministry

N S Vishwanathan to be new RBI deputy governor

N S Vishwanathan to be new RBI deputy governor

Rediff.com28 Jun 2016

As per the RBI Act, the central bank has to have four deputy governors.

Modi woos Maruti to set up car plant in Gujarat

Modi woos Maruti to set up car plant in Gujarat

Rediff.com23 Nov 2009

Gujarat Chief Minister Narendra Modi wooed Indian auto giant Maruti Suzuki to set up a car project in Gujarat and said that the state government would provide all the facilities to it.

Railways build new wagons to transport cars

Railways build new wagons to transport cars

Rediff.com30 Jun 2009

The Railways have developed new freight wagons which can transport cars efficiently and is planning to run them in routes with a good business potential.

Anil Ambani announces plan to reduce RCom debt by Rs 25K crore

Anil Ambani announces plan to reduce RCom debt by Rs 25K crore

Rediff.com26 Dec 2017

The debt resolution involves RCom exiting the SDR framework with no conversion of debt into equity and zero write-off by lenders, Anil Ambani said, adding that he expects full closure by March 2018.

Rajan warns of action against banks hiding true NPA numbers

Rajan warns of action against banks hiding true NPA numbers

Rediff.com4 Aug 2015

Concerned over banks hiding their actual NPA numbers, RBI Governor Raghuram Rajan on Tuesday said the central bank is "increasingly turning towards taking action" on such divergences.

Why India Inc sees Modi's PMO as the 'mover'

Why India Inc sees Modi's PMO as the 'mover'

Rediff.com11 Aug 2017

Corporates understand that the PMO drives all key decisions in this government.

Maruti exports 1 lakh A-Star cars

Maruti exports 1 lakh A-Star cars

Rediff.com2 Dec 2009

The country's largest carmaker Maruti Suzuki India on Wednesday said its flagship export model, A-Star, has crossed one lakh-mark of overseas shipments in less than a year of selling the car in the global markets.

Peninsula defers hospitality, new ventures to save

Peninsula defers hospitality, new ventures to save

Rediff.com11 May 2009

In May last year, Peninsula forayed into the hospitality sector with a joint venture with textile maker and real estate developer, Arrow Webtex. The JV planned to build hotels in Mumbai, Pune, Nagpur, Nasik and Kolhapur in Maharashtra. There were also plans to develop hotels in Ahmedabad, Surat, Jamnagar, Mundra port, Goa and Kerala.

Government okays Adani SEZ merger

Government okays Adani SEZ merger

Rediff.com24 Feb 2009

The Board of Approval (BoA) on Special Economic Zones (SEZs), the apex decision-making body for such tax-free industrial enclaves, today approved a proposal to amalgamate three separate zones, effectively lifting the 5,000-hectare limit on such zones that the government imposed in 2007.