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Torrid summer, acute coal shortage trigger blackouts in many states

A potent combination of sweltering summer and acute coal shortages have triggered blackouts across many parts of the country as states struggle to manage the record demand for electricity and low......

487 trees to make way for Central Vista's executive enclave housing PMO

The central public works department will transplant 487 trees for the construction of an 'executive enclave' as part of the Central Vista redevelopment plan, according to official documents.......

Maharashtra stares at compulsory power cuts

After many years, Maharashtra is staring at compulsory power cuts as demand is higher than supply, the state discom announced on Monday, pegging the shortages at over 2,500 mw. Kindly note that......

'Caught in crossfire', NTPC urges railways to rename its tests

'Caught in the crossfire' over the rail exams, National Thermal Power Corporation (NTPC), the country's largest power producer has written to the Railways to rename its Non-Technical Popular......

Bihar bandh over rail exam anomalies hits normal life

Normal life in Bihar was on Friday affected by a dawn to dusk `bandh' called by students' bodies in protest against anomalies in the format of exams conducted by the Railway Recruitment Board and......

Factors that will drive markets this week

Global trends, WPI inflation data for April and the ongoing quarterly earnings of corporates would be the major driving factors for the stock markets, analysts said. Illustration: Uttam......

Fag-end selling pressure drag Sensex down by 137 points

Among the Sensex firms, State Bank of India, ICICI Bank, NTPC, Bharti Airtel, Bajaj Finserv, Axis Bank and Maruti were the biggest laggards. NSE Nifty dipped 25.85 point to settle at 15,782.15.......

Investors' wealth tumble over Rs 4.47 lakh cr amid market crash

Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities. Illustration: Dominic Xavier/Rediff.com The 30-share BSE......

RBI rate hike, Fed fears spook markets, Sensex plunges Rs 1300 pts

Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation. The move came just ahead of the US Federal......

D-Street continues to be in bear hug; Sensex ends down 85 points

From the Sensex pack, Titan, Wipro, Tech Mahindra, Infosys, Maruti, Asian Paints, Larsen & Toubro and SBI were among the major laggards. NSE Nifty declined 33.45 points to close at 17,069.10.......
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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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