News for 'Indian Energy Exchange and Power Exchange India'

Energy sector: The sun gets brighter

Energy sector: The sun gets brighter

Rediff.com7 Dec 2015

Emission norms for automobile industry should be tightened.

IC 814: The Kandahar Hijack Review: Gripping!!

IC 814: The Kandahar Hijack Review: Gripping!!

Rediff.com29 Aug 2024

IC 814: The Kandahar Hijack begins by asking why the hijack lasted seven days and ends in wondering if the good guys fought the bad ones hard enough, observes Sukanya Verma.

Wanted! Clean energy investors

Wanted! Clean energy investors

Rediff.com19 Apr 2016

Renewable energy is mistakenly restricted to electricity.

Why it won't be easy for Tesla to drive into India

Why it won't be easy for Tesla to drive into India

Rediff.com10 Mar 2024

India will not tailor its policies to suit US EV maker Tesla, and its laws and tariff rules will be formulated to attract all-electric vehicle manufacturers from across the world to set up a base in the world's fastest-growing economy, Commerce and Industry Minister Piyush Goyal said. Tesla has been seeking an initial tariff concession that would allow it to offset 70 per cent customs duty for cars priced less than $40,000, and 100 per cent for cars of higher value.

'Ratan Tata Always Displayed His Kindness'

'Ratan Tata Always Displayed His Kindness'

Rediff.com12 Nov 2024

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'

'Can We In Our Businesses Set An Example?'

'Can We In Our Businesses Set An Example?'

Rediff.com10 Oct 2024

'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'

Iranian Nuclear Deterrent On the Horizon

Iranian Nuclear Deterrent On the Horizon

Rediff.com17 Jun 2024

The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..

Private equity-backed mergers and acquisitions fall to 31-month low

Private equity-backed mergers and acquisitions fall to 31-month low

Rediff.com26 Sep 2023

The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.

Nagal, Bopanna-Sriram sent packing in first round

Nagal, Bopanna-Sriram sent packing in first round

Rediff.com29 Jul 2024

India's tennis campaign at the Paris Olympics lasted just a day as Sumit Nagal and the men's doubles pair of Rohan Bopanna and N Sriram Balaji bowed out after losing their respective opening matches to French challengers in Paris Sunday.

Equity markets lost sheen in Q3

Equity markets lost sheen in Q3

Rediff.com7 Mar 2019

A combination of fewer listings and falling 'average daily traded value' contributed to the drag in Q3.

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

Rediff.com29 Sep 2023

Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.

Energy, health care sectors gain from Modi's UK visit

Energy, health care sectors gain from Modi's UK visit

Rediff.com15 Nov 2015

Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.

Biden tweets on 'most consequential' US-India friendship, Modi replies

Biden tweets on 'most consequential' US-India friendship, Modi replies

Rediff.com26 Jun 2023

Prime Minister Modi's visit saw India and the US signing several major deals to boost cooperation in key areas such as defence, space and trade.

Nifty closes at record high; Sensex gains 246 points

Nifty closes at record high; Sensex gains 246 points

Rediff.com13 Sep 2023

Titan, IndusInd Bank, Axis Bank, State Bank of India, Power Grid, NTPC and Tata Motors were among the among the major gainers. Mahindra & Mahindra, Larsen & Toubro, Nestle, JSW Steel, Infosys and Tata Consultancy Services, Tech Mahindra and Maruti were the major laggards.

India, France ink 14 pacts including on nuclear energy, security

India, France ink 14 pacts including on nuclear energy, security

Rediff.com10 Mar 2018

Addressing a joint media event with Macron, Modi said the two countries have robust cooperation in the fields of defence and security.

Fireworks on D-Street: Four IPOs to raise over Rs 6,600 crore this year

Fireworks on D-Street: Four IPOs to raise over Rs 6,600 crore this year

Rediff.com22 Nov 2023

Diwali fireworks are expected to continue on Dalal Street next week, with four companies collectively seeking to mobilise over Rs 6,600 crore through initial public offerings (IPOs). In terms of the amount raised, this is poised to be the busiest week of calendar year 2023. Tata Technologies (Tata Tech), a subsidiary of Tata Motors, could lead the charge with an IPO projected to be over Rs 2,900 crore. This will mark the first maiden share sale by a Tata Group firm in nearly two decades.

Independent directors reject Essar Energy's delisting move

Independent directors reject Essar Energy's delisting move

Rediff.com25 Feb 2014

The committee said the move 'clearly undervalued the company and its long-term growth prospects'.

Indian firms, banks cautious as Sri Lanka battles financial crisis

Indian firms, banks cautious as Sri Lanka battles financial crisis

Rediff.com21 Jan 2022

Banks and companies in India are taking a cautious approach towards Sri Lanka, which, reeling from a financial crisis, has sought a $1-billion loan from the country to import essential commodities. A senior State Bank of India (SBI) executive said the bank was committed (to Sri Lanka) for the long term. "As far as exposures (are concerned), the bank will be cautious on its dollar exposure to Sri Lankan entities till the situation improves," he said.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Panel identifies 9 sectors for mandatory Indian control

Panel identifies 9 sectors for mandatory Indian control

Rediff.com24 Jun 2013

These are FM radio, uplinking news & current affairs, print media (news & current affairs), commodity exchanges, stock exchanges along with depositories and clearing corporation, power exchanges, petroleum & natural gas refining, insurance, defence production and private security agencies.

Recovery in global markets pushes Sensex by 491 points

Recovery in global markets pushes Sensex by 491 points

Rediff.com17 Oct 2022

Benchmark stock indices Sensex and Nifty closed higher for a second straight session on Monday following buying in index majors Reliance Industries, ICICI Bank and recovery in global markets.

Sensex ends 120 points higher led by energy shares

Sensex ends 120 points higher led by energy shares

Rediff.com17 May 2016

The S&P BSE Sensex has gained 149 points to open at 25,802.

India's 1st smart city is all set to take off in a big way

India's 1st smart city is all set to take off in a big way

Rediff.com23 Jun 2020

'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.

Is Nehru Responsible For Indian Muslims' Plight?

Is Nehru Responsible For Indian Muslims' Plight?

Rediff.com28 Sep 2023

Pratinav Anil is able to foresee some agency and assertion on the part of India's Muslims. His hope emanates from the citizenship rights movement of Muslims in 2019-2020, notes Mohammad Sajjad.

Modi's visit will set the course for strategic ties: White House

Modi's visit will set the course for strategic ties: White House

Rediff.com21 Jun 2023

National Security Council Coordinator for Strategic Communications (NSCCSC) John Kirby on Tuesday told a press conference in Washington, DC: "India will be a critical strategic partner for the United States in the coming decades."

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

IRFC, NBCC, SJVN, BHEL: PSU stocks are on fire; analysts see more headroom

Rediff.com15 Feb 2024

Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Lumbini as backdrop for Modi-Deuba meet, India-Nepal sign 6 MoUs

Rediff.com16 May 2022

Modi and Deuba discussed ways to strengthen ongoing cooperation and develop new areas in the multifaceted bilateral partnership.

India looks to sway Americans with nuclear power insurance plan

India looks to sway Americans with nuclear power insurance plan

Rediff.com19 Dec 2014

Under a 2010 nuclear liability law, nuclear equipment suppliers are liable for damages from an accident, which companies say is a sharp deviation from international norms

Crude realisation: Oil's slick grip threatens corporate margins, profits

Crude realisation: Oil's slick grip threatens corporate margins, profits

Rediff.com19 Apr 2024

Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.

India, South Korea sign 7 agreements to boost cooperation

India, South Korea sign 7 agreements to boost cooperation

Rediff.com18 May 2015

India, South Korea sign 7 agreements to boost cooperation.

Markets end flat on profit booking in energy, IT stocks

Markets end flat on profit booking in energy, IT stocks

Rediff.com14 Mar 2019

NTPC was the top gainer among the Sensex stocks, rising by 3.53 per cent. Coal India, ONGC and Sun Pharma also rose up to 2.41 per cent.

'In an election year, markets flourish'

'In an election year, markets flourish'

Rediff.com23 Feb 2024

'Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth.'

Adani files for Rs 20,000 cr FPO

Adani files for Rs 20,000 cr FPO

Rediff.com18 Jan 2023

Richest Indian Gautam Adani-led group's flagship firm on Wednesday filed an offer letter with stock exchanges for a proposed Rs 20,000 crore follow-on public offer (FPO). The FPO of Adani Enterprises Ltd (AEL) is planned to open on January 27 and close on January 31, according to the offer letter. Of the Rs 20,000 crore proceeds of the FPO, Rs 10,869 crore will be used for green hydrogen projects, work at the existing airports and construction of a greenfield expressway.

Modi raises temple attacks, pro-Khalistan activities with Australian PM

Modi raises temple attacks, pro-Khalistan activities with Australian PM

Rediff.com10 Mar 2023

The matter came up for discussion during their wide-ranging dialogue that was aimed at expanding overall ties.

Investors turn richer by Rs 81.90 lakh crore in 2023

Investors turn richer by Rs 81.90 lakh crore in 2023

Rediff.com29 Dec 2023

In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.

'We couldn't imagine this 15 years ago'

'We couldn't imagine this 15 years ago'

Rediff.com16 Jun 2023

'At the heart of the strategic relationship between our countries are economic ties.'

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Rediff.com8 Apr 2022

Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com2 Aug 2022

The benchmark BSE Sensex and Nifty closed marginally higher in a volatile trade on Tuesday as gains in FMCG, power and energy stocks helped the indices extend gains for a fifth straight day. The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. During the day, it hit a high of 58,328.41 and a low of 57,744.70.

French Prez Macron's 1st visit to India begins on March 9

French Prez Macron's 1st visit to India begins on March 9

Rediff.com1 Mar 2018

A framework agreement on Jaitapur Nuclear Power Project (JNPP) is expected to be signed between the two sides during the visit.