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  • Business

Sensex up 388 points, Nifty revisits 26K

 Stock markets rose for the sixth straight session on Monday, with the benchmark Sensex climbing 388 points and Nifty closing above the 26,000 mark following an across-the-board rally and strong......

World Bank to give Rs 5,000 cr loan to PowerGrid

 The World Bank will give a loan of $1 billion (about Rs 5,000 crore) to power transmission company PGCIL this year for developing infrastructure in the sector. "World Bank will provide $1 billion......

Power firms raising debt for expansion

 The state-owned power sector utilities are on a debt-raising spree to sustain capacity augmentation.The National Thermal Power Corporation, the National Hydroelectric Power Corporation and......

PowerGrid plans African safari with large deals

 Power Grid Corporation of India Ltd (PGCIL), the country's largest power transmission utility, is exploring opportunities in African countries such as Nigeria, Kenya and Niger, for execution of......

PowerGrid to form JVs with ONGC, Essar, Torrent

 After Tatas and Reliance, state-run Power Grid Corp of India Ltd is set to form joint ventures with five more companies, including Oil and Natural Gas Corporation and Essar, for setting up......

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