News for 'Power Exchange India'

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Adani issue national matter, not personal: Rahul Gandhi

Adani issue national matter, not personal: Rahul Gandhi

Rediff.com21 Feb 2025

Congress leader Rahul Gandhi criticized Prime Minister Narendra Modi for his response to questions about the Adani Group controversy during his US visit. Gandhi alleged that Modi downplayed the issue as a 'personal matter' and did not raise it with US President Donald Trump. Gandhi argued that the controversy is a 'matter of the country' and should not be ignored by the Prime Minister.

Don't expect power cuts this summer

Don't expect power cuts this summer

Rediff.com12 Mar 2014

India's hydroelectric power generation grew 17.5 per cent to 7.5 billion units in January this year from 6.4 billion units in the same month of 2012.

How Weak Rupee Affects Your Travel Plans

How Weak Rupee Affects Your Travel Plans

Rediff.com22 Jan 2025

Many travellers are now opting for domestic destinations like Goa, Kerala, Rajasthan, Lakshadweep, Himachal Pradesh, and the North East.

Adani charges: Cong seeks probe, BJP questions timing

Adani charges: Cong seeks probe, BJP questions timing

Rediff.com21 Nov 2024

With billionaire Gautam Adani charged in the United States with alleged bribery and fraud, the Congress on Thursday said it 'vindicates' its demand for a Joint Parliamentary Committee investigation into the various 'scams' involving his conglomerate.

China: 'India Must Not Accept Ceding Of Patrolling Rights'

China: 'India Must Not Accept Ceding Of Patrolling Rights'

Rediff.com22 Oct 2024

'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'

Markets end in red on surging crude prices, FII outflows

Markets end in red on surging crude prices, FII outflows

Rediff.com10 Jan 2025

From the 30-share blue-chip pack, IndusInd Bank, NTPC, UltraTech Cement, Sun Pharma, Axis Bank, State Bank of India, Tata Steel, Power Grid, Adani Ports and Kotak Mahindra Bank were among the major laggards. Tata Consultancy Services jumped nearly 6 per cent after the IT services company reported an 11.95 per cent jump in the December quarter net profit to Rs 12,380 crore. Tech Mahindra, HCL Tech, Infosys and Bajaj Finserv were the other big gainers.

Sensex, Nifty settle nearly 1% higher; Bharti Airtel, RIL among top gainers

Sensex, Nifty settle nearly 1% higher; Bharti Airtel, RIL among top gainers

Rediff.com29 Nov 2024

From the 30-share Sensex pack, Bharti Airtel, Mahindra & Mahindra, UltraTech Cement, Adani Ports, Reliance Industries, Larsen & Toubro, JSW Steel, Hindustan Unilever, Titan and Tata Motors were the biggest gainers. Power Grid, Nestle, State Bank of India and Infosys were the laggards.

Adani denies entering into pact to operate Kenya airport

Adani denies entering into pact to operate Kenya airport

Rediff.com23 Nov 2024

Billionaire Gautam Adani's group on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after US indictment on bribery charges, saying it had not entered into any binding agreement to operate Kenya's main airport. On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any disclosure on its cancellation.

Bangladesh Army intensifies patrols amid fresh unease in Dhaka

Bangladesh Army intensifies patrols amid fresh unease in Dhaka

Rediff.com23 Mar 2025

Army troops in Bangladesh intensified their patrols on the streets of Dhaka as the country witnessed rising tensions with the newly formed student-led National Citizen Party (NCP) accusing the military of political interference. The NCP staged protest rallies at the premier Dhaka University campus vowing to thwart at any cost a military-backed plot to rehabilitate deposed prime minister Sheikh Hasina's Awami League which was toppled seven months ago in a student-led violent street protest in July-August last year. A key leader of NCP, which was floated last month with widely assumed blessings of Professor Muhammad Yunus, accused the military of political interference over a proposal for inclusiveness that would allow Awami League to participate in the next elections. The military, which is now entrusted with maintaining nationwide law and order with magistracy power, however, did not enter the campus but continued their intensified patrol, particularly in the capital. The NCP convenor Nahid Islam said at the Muslim fast-breaking iftar party that the army or any other state institution had no "authority to propose or make decisions" about politics. He added that in no way "we will allow installation of another 1/11 government" in the country.

Sensex reclaims 80K; Nifty surges 405 points

Sensex reclaims 80K; Nifty surges 405 points

Rediff.com25 Nov 2024

From the 30-share Sensex pack, Mahindra & Mahindra, Larsen & Toubro, State Bank of India, Reliance Industries, ICICI Bank and Bajaj Finance were the biggest gainers. JSW Steel and Infosys were the laggards.

Strategic pacts reshape energy turf

Strategic pacts reshape energy turf

Rediff.com13 Feb 2025

Leading oil companies dedicated the second day of India Energy Week (IEW) 2025 to announcing strategic deals and business agreements across the supply chain - from sourcing more crude oil supply to deploying more domestic ships and building gas distribution capacity.

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Evera Cabs bets on BluSmart EVs to drive Rs 100 crore revenue in FY26

Rediff.com8 May 2025

Delhi-based electric vehicle (EV) ride-hailing firm Evera Cabs, which grabbed headlines after acquiring 500 cars from the now-defunct cab service BluSmart, is stepping up its presence in the EV cab segment. The company is aiming for revenue of Rs 100 crore in the ongoing financial year (2025-26), up from Rs 18 crore in 2024-25.

SC proposes to stay key provisions of Waqf Act, govt opposes

SC proposes to stay key provisions of Waqf Act, govt opposes

Rediff.com16 Apr 2025

The Supreme Court of India began hearing a batch of petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025. The bench, led by Chief Justice Sanjiv Khanna, asked both sides to address whether the court should entertain the petitions or relegate them to the high court. The hearing is underway with senior advocate Kapil Sibal arguing for the petitioners. The act, which was passed by Parliament following heated debates, has been challenged by various parties including AIMIM leader Asaduddin Owaisi, All India Muslim Personal Law Board (AIMPLB), and Jamiat Ulama-i-Hind.

Markets settle lower after RBI policy; Sensex sheds 109 points

Markets settle lower after RBI policy; Sensex sheds 109 points

Rediff.com7 Feb 2025

State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.

IEX to transform electricity trade in India

IEX to transform electricity trade in India

Rediff.com17 Mar 2008

Indian Energy Exchange has joined world's leading power exchanges like Powernext (France), EEX (Germany, Northern Europe), PJM (USA), JEPX (Japan and Norway's Nordpool which is the largest power exchange in the world). IEX, India's first power exchange got its approval from CERC on August 31, 2007. It is promoted by Financial Technologies Ltd & PTC financial services, a wholly owned subsidiary of PTC India Ltd. Joseph Massey, Deputy MD of MCX, is in charge of the exchange.

How Dr Singh Changed Stockmarkets

How Dr Singh Changed Stockmarkets

Rediff.com28 Dec 2024

'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'

Sensex tanks 1,190 points to close below 80K

Sensex tanks 1,190 points to close below 80K

Rediff.com28 Nov 2024

From the 30-share Sensex pack, Mahindra & Mahindra, Infosys, HCL Technologies, Adani Ports, Bajaj Finance, Tech Mahindra, Titan, Tata Consultancy Services, Reliance Industries and Power Grid were among the laggards. On the other hand, State Bank of India was the only gainer.

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Rediff.com9 Dec 2024

From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.

Markets stage strong comeback; Sensex jumps 843 points

Markets stage strong comeback; Sensex jumps 843 points

Rediff.com13 Dec 2024

Among the 30-share Sensex blue-chip pack, Bharti Airtel, ITC, Kotak Mahindra Bank, Hindustan Unilever, Titan, UltraTech Cement, HCL Technologies, and Power Grid, were the biggest gainers. Tata Steel, IndusInd Bank, JSW Steel and Bajaj Finserv were the laggards.

Deep State And Beyond: The Rise of Conspiracy Theories

Deep State And Beyond: The Rise of Conspiracy Theories

Rediff.com25 Feb 2025

From bhikshus of Ashokan 3rd century BC and medieval Sufis to Oxfam, Omidyar and Soros now, non-State actors have any real power only when they work in conjunction with a real State, asserts Shekhar Gupta.

Sensex, Nifty rebound on fag-end buying in IT, power shares

Sensex, Nifty rebound on fag-end buying in IT, power shares

Rediff.com20 Jun 2023

From the Sensex pack, Tata Motors, HCL Technologies, Power Grid, Tech Mahindra, NTPC, Axis Bank, Kotak Mahindra Bank, Larsen & Toubro, Wipro, Nestle, Tata Consultancy Services and Infosys were among the major gainers. Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, IndusInd Bank and State Bank of India were the major laggards.

Is FOMO Investing Making You Lose Money?

Is FOMO Investing Making You Lose Money?

Rediff.com28 Feb 2025

FOMO-driven investing is reshaping India's stock market. Swati Saxena explains how social media hype fuels risky bets and how to protect your wealth.

Adani's clarification on bribery charges lifts markets

Adani's clarification on bribery charges lifts markets

Rediff.com27 Nov 2024

From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj Finance, Maruti and Axis Bank were among the other gainers. In contrast, Titan, State Bank of India, Asian Paints, Tata Consultancy Services, HCL Tech, Sun Pharma, IndusInd Bank and ICICI Bank were among the laggards.

Sensex, Nifty rebound after days of downtrend

Sensex, Nifty rebound after days of downtrend

Rediff.com19 Nov 2024

From the 30-share Sensex pack, Mahindra & Mahindra, Tech Mahindra, HDFC Bank, Titan, Tata Motors, UltraTech Cement, Power Grid and Infosys were the biggest gainers. In contrast, Reliance Industries, State Bank of India, Bajaj Finserv, Maruti, Tata Steel and Bharti Airtel were among the laggards.

ACT Hockey PIX: Harmanpreet's double helps India down Pakistan

ACT Hockey PIX: Harmanpreet's double helps India down Pakistan

Rediff.com14 Sep 2024

Harmanpreet Singh led from the front as he converted two penalty corners to hand unbeaten India a close 2-1 victory over Pakistan.

Investors become poorer by Rs 5.29 lakh cr as markets slump

Investors become poorer by Rs 5.29 lakh cr as markets slump

Rediff.com12 Nov 2024

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.

15 Scenes When Salman Ditched The Formula

15 Scenes When Salman Ditched The Formula

Rediff.com25 Mar 2025

Sukanya Verma lists 15 scenes that reveal facets of Salman outside the formula.

Foreign secretary raises safety of minorities in Bangladesh

Foreign secretary raises safety of minorities in Bangladesh

Rediff.com9 Dec 2024

Foreign Secretary Vikram Misri arrived in Dhaka on Monday on a day-long visit to hold talks with his Bangladeshi counterpart, amid strained bilateral ties since August following the ouster of prime minister Sheikh Hasina.

Never discuss such individual issues: Modi on Adani issue

Never discuss such individual issues: Modi on Adani issue

Rediff.com14 Feb 2025

In November last year, an indictment was unsealed in the United States District Court for the Eastern District of New York, charging prominent Indian executives, including Chairman of the Adani Group, Gautam Adani, by linking them to an alleged bribery scheme.

Dr Singh, Devoted Husband And Father

Dr Singh, Devoted Husband And Father

Rediff.com28 Dec 2024

Nitin Desai, who has known Dr Singh from 1971, extends his 'deepest condolences to his wife Gurcharan Kaur and to his three talented daughters Upinder, the historian; Daman, the writer; and Amrit, the human rights activist.'

India Should Be Battle Ready With China

India Should Be Battle Ready With China

Rediff.com14 Aug 2024

'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).

Met Adanis several times but...: Jagan denies bribery charges

Met Adanis several times but...: Jagan denies bribery charges

Rediff.com29 Nov 2024

Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has strongly refuted allegations of bribery by the Adani Group for solar power purchases during his government. He claimed his name was not mentioned in a US court's indictment and that meetings with Adani Group chairman Gautam Adani were not unusual for a chief minister. Reddy said the power supply agreement was between the state's DISCOMs and SECI, with no third-party involvement. He also defended the deal, calling it 'historic' and highlighting the cost savings for the state. Meanwhile, former CM N Chandrababu Naidu has alleged irregularities in the deal and promised to act upon the alleged charges.

US charges against Adani could lead to arrest warrants: NY attorney

US charges against Adani could lead to arrest warrants: NY attorney

Rediff.com22 Nov 2024

With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the US Department of Justice with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than $2 billion in profit over 20 years.

ACT PIX: India set up China final after Harmanpreet brace

ACT PIX: India set up China final after Harmanpreet brace

Rediff.com16 Sep 2024

China stunned Pakistan 2-0 in the shoot-out to enter the final of Hero Asian Champions Trophy for the first time in the history of the tournament.

HIL: Team Gonasika rally to beat TN Dragons

HIL: Team Gonasika rally to beat TN Dragons

Rediff.com25 Jan 2025

Despite the loss, the Tamil Nadu Dragons held on to the top spot in the points table with 17 points from nine games.

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Rediff.com9 Sep 2024

With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.

NSE to include Adani Wilmar, Adani Power to few indices from Mar 31

NSE to include Adani Wilmar, Adani Power to few indices from Mar 31

Rediff.com18 Feb 2023

Leading stock exchange NSE has tweaked the constituents of its major indices with Adani Group's two companies -- Adani Wilmar and Adani Power -- all set to make their way into some of the Nifty indices from March 31, 2023. Adani Wilmar will be part of Nifty Next 50 and Nifty 100 indices, while Adani Power will be included in Nifty 500, Nifty 200, Nifty Midcap 100, Nifty Midcap 150, Nifty LargeMidcap 250, and Nifty Midsmallcap 400 indices. All the changes in the indices will be effective from March 31 this year, the exchange said in a late night statement on Friday.

Maharashtra not to purchase power from Dabhol plant

Maharashtra not to purchase power from Dabhol plant

Rediff.com4 Oct 2015

The government's move is crucial as the state distribution utility MahaVitaran was purchasing about 95 per cent of power since the Dabhol project began generation in April 2006

'If Imran emerges more powerful in the battle...'

'If Imran emerges more powerful in the battle...'

Rediff.com15 May 2023

'...The more the Pakistan army becomes weaker, then there is every possibility that terrorist groups may create more anarchy in Pakistan.'