Gujarat chief minister and Bharatiya Janata Party's prime ministerial candidate Narendra Modi's close ties with big corporate groups has once again come under focus with the Congress 'bringing out details' on how he distributed largesse at the cost of the state government.
The company proposed to move site for supply to Gujarat from Korba to coastal Mundra within 10 days of signing PPA.
In what could hit trading on Power Exchange of India Ltd, the Forward Markets Commission has warned it to cease trading in contracts beyond 11 days of payment and delivery. The FMC has also advised traders to desist from trading such contracts on PXIL.
Higher power tariff would have fetched Tata's Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani's project an additional Rs 18,500 crore (Rs 185 billion)
Though the "eye of the storm" is away from land, the cyclone's outer periphery would leave its impact on the coast.
Corporates understand that the PMO drives all key decisions in this government.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
From Jammu and Kashmir to Andhra Pradesh, consumers are facing power cuts ranging from 2 hours to 8 hours.
With facts and figures, the CAG report has highlighted how Gujarat was far from a role model for states across India, and that the progress made in this province in western India in improving agriculture, education, healthcare and empowerment of women and children, was not exactly creditable, says Paranjoy Guha Thakurta.
'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.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
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