The good news is that within the first 14 months, orders for manufacturing and commissioning of the entire 88,537 Mw capacity for the 12th Plan have been placed, according to the Central Electricity Authority, the country's apex power planning body.
Tata, Adani, Lanco to be hit as Indonesia may ban export of low-grade coal
India's state banks are under pressure to improve profitability.
There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Sensex, Nifty end the day in red on unfavourable cues from global markets.
ITC, Infosys, Wipro and HDFC Bank among the major losers.
BSE Realty index zoomed by almost 7% followed by counters like Metal, Oil & Gas, Auto, Banks, Auto, Healthcare and Power, all surging between 1-5%.
Adani's $15-billion Carmichael coal mine is stuck since 2010.
Mistry's strategy appears to be the opposite of the group's stance in the heady days of 2007
Sensex in green in afternoon trade.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
'Will anything change for you after the election?' And the man said 'Kuch nahin badlega.' And he had a smile on his face. He knew nothing was going to change.
Sanand has catapulted into the big league of automobile industry hubs.
HPCL is now ready to increase the stake of the state government up to 49 per cent.
It would be wrong to blame only Bollywood or the fairness cream industry, or the masses that cater to both, because clearly, all of us encourage this lust for whiteness that films and companies only cash in on.
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
'Today, environment has become an issue of political debate. It has become a media issue. I think that is a good development.'
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The public-private partnership model is a compulsion, says the minister.
'Modi is a master of convergence. By his ability to converge and add new features to a non-star idea, he is able to sell it. Like how he has turned Kutch into a tourist destination by selling the salt desert of the Rann as a flat snow desert of the night and roping in Amitabh Bachchan to sell it. In one stroke this has ensured economic returns to the people and on the other hand it has taken care of the national security angle in the sense that the border population in the Rann, which is almost entirely Muslim, is feeling better as now they are much more connected with the mainstream.' Ahead of the launch of his book on the much-debated Modi model of governance, journalist Uday Mahurkar speaks to Rediff.com's Sheela Bhatt.
Gujarat Lokayukta Justice R A Mehta's resignation letter is a stinging indictment of the Narendra Modi government's obstructionist attitude towards a constitutional watchdog.