The private discoms that join the scheme would only benefit in terms of operational efficiency and there will not be any financial bailout
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 155-millimetre, 52-calibre Advanced Towed Artillery Gun System, which was successfully tested in Pokhran, demonstrated its potential to be a world-beating system.
As power generation across northern and western India bore the brunt of the coal scarcity, spot prices at IEX rose to Rs 10.8 a unit during August 25-27, compared with Rs 8.7 a unit on August 22.
Anil Sardana, managing director of India's largest private power producer, says though the tariff freeze by some states is causing tremendous stress, the company will go ahead with the expansion of the Mundra project.
Pulok Chatterjee has joined the Prime Minister's Office.
For the first time in the country, Tata BP Solar India Ltd, a joint venture of Tata Power and BP Solar, has installed and commissioned a megawatt-scale solar power plant under the rooftop and other small solar power generation plant scheme as part of Jawaharlal Nehru National Solar Mission (JNNSM).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Despite their promised and announced reduction in power prices, the Arvind Kejriwal-led Delhi government may want keep the issue on the burner for sometime longer, since none of the concerned players are ready to give an inch, and seem raring for a fight, says Upasna Pandey
On Friday, shares of Tata Motors rose by 2.68 per cent and Tata Steel went up by 1.85 per cent on the Bombay Stock Exchange.
The national budget 2019-20 had an outlay of Rs 10,000 crore for Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme to boost electric mobility and increase the number of EVs in commercial fleets.
Millions of such transactions take place every day all over the country. The finance ministry had recommended that pricing of products/services/taxes should be rounded-off to 50 paise or a whole rupee, but that is yet to be achieved.
Reliance Infra claims the run by the market operator has caused a loss of Rs. 300,000 crore to infrastructure stocks.
Cyrus Mistry had put in place a strategy that would have pulled most of the Tata group's 'legacy hotspots' out of the financial mess from legacy issues and helped turn around the group's finances.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
On the macroeconomic data front, PMI data on manufacturing and services sector will also influence trading
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
The Maharashtra government has decided to play the role of a heavy-handed mediator in the tussle between Tata Power and Reliance Infrastructure. The dispute is over the sale of electricity in this city at regulated rates.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Anil Ambani Group firm Reliance Energy, Tata Power, GMR and aluminium manufacturer Nalco are keen to enter nuclear power business, NPCIL Director (Finance) JK Ghai said.
The project of Reliance Energy with capacity of 4000 MW at Shahapur in coastal Raigad district is in progress and is expected to be completed by 2011, Maharashtra Legislature was informed.
JSPL, Tata Power, Monnet Power, Jindal Photo in the dock.
The car which has a 30 kmph cruising speed, can travel a distance of 150 kms on a fully charged battery.
Tata Steel and Indian Hotels on Wednesday said they have always made all relevant disclosures and have no further comments to offer following comments made by ousted Tata Group chairman Cyrus Mistry that Tata group firms could face a potential USD 18 billion writedown.
The biggest procurement green-lighted was the Rs 217 billion purchase of 111 naval utility helicopters.
From micro wind turbines to rice husk, low-cost solutions are being tested to drive the huge market hunger for energy.
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.
The change-over process was delayed as the two companies differed over replacement of old meters of Reliance with new ones by Tata Power, meter reading and wheeling charges.
Several commercial and residential customers of Reliance Infrastructure (R-Infra) in Mumbai are planning to shift their electricity connections to Tata Power Company (TPC).
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The nomination of cluster heads for defence, infrastructure and finance business is awaited.
Data show manufacturing still down, unlike banking
Leading power players Reliance Infrastructure and GMR Energy believe this will help ensure coal availability for their mega projects in the pipeline. "They have various proposals on their table, which are relatively cheaper when compared to the scene before the beginning of the financial crisis. However, the acquisitions will depend on the ability of the acquirers to raise funds as the banks have stopped lending at cheaper rates," said a source.
Tata Steel, Suzlon mop up $700 million; Tata Power to raise $250 million. Tata Power also joined the queue on Tuesday and launched its $250-million GDR issue, with an option to retain a higher amount.
Reliance Industries has signed agreements with nine fertiliser and power companies for gas sales from its field in the Krishna-Godavari basin over the past three months. India's largest private sector company has signed memorandums of understanding with Nagarjuna Fertilisers, GVK Industries, Konaseema Power (all in Andhra Pradesh), Kribhco, Chambal Fertilisers, Iffco, Torrent Power (all in Gujarat), Tata Power and Rashtriya Chemicals & Fertilisers in Maharashtra.
Tata Sons, the holding firm of the Tata group, and a few group companies have pledged part of their stakes in Tata Steel, Tata Power and Tata Teleservices (Maharashtra) to raise money for acquisitions and capital expenditure, according to disclosures made on Monday.On January 21, the Securities and Exchange Board of India made disclosure of pledged shares mandatory after it came to light that former Satyam Chairman B Ramalinga Raju had pledged almost his entire holding.
Forty domestic companies, including the Videocon group, Jindal Power and Tata Power, have formed a group to convince the central government to allow private participation in generation of civilian nuclear energy.
Buys 10 per cent stake in geothermal energy firm for Rs 165 crore
Surely you have heard them many times over... P V Subramanyam tells you why they are dangerous
