Tata Group overall commands market capitalisation of over $125 billion
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
Auto stocks will be in focus
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The unit, with a capacity to produce 150 Mw of power, has been shut since March 2009. Prior to its closure due to environmental reasons, the unit was running on liquid fuel. Reliance has already signed gas sales and purchase agreements with nine power sector players for supply of 11 mmscmd of natural gas from the KG-D6 block.
Reliance Infrastructure's 4,000-MW power project at Shahpur in Raigad district is facing legal hurdles on environmental ground
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries.
The Supreme Court on Wednesday upheld the power purchase agreement between Tata Power Company (TPC) and BEST, a public sector unit, for electricity allocation in Mumbai.
Tata Power Company has moved the Delhi high court challenging the government's decision to allow Anil Ambani-led Reliance Power to divert coal from the captive mines of Sasan Ultra Mega Power Project for use in other projects.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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Since the early 1970s, the Tatas have presence in the city-state.
The move will help the utility to charge more from its 2.6 million users in Mumbai. Reliance Infrastructure (Rel Infra) had asked asked the Maharashtra Electricity Regulatory Commission for a 4.19 per cent rise in its annual revenue requirement. It was instead granted an increase of 10 per cent. Mumbai and its suburbs are serviced by Tata Power, Brihanmumbai Electricity & Suburban Transport and Reliance Energy.
Anil Ambani-promoted Reliance Power is likely to announce the financial closure of its 3,960-Mw Sasan ultra mega power project (UMPP) in a few weeks.
The month also saw Adani Power acquiring the 600-Mw Korba West thermal power plant from the Gautam Thapar-led Avantha group for Rs 4,200 crore (Rs 42 billion).
The tests were conducted by the Indian Air Force, which will be the first service to induct the Akash missiles in its inventory.
UMPP is coal-based thermal power project that has 4,000 MW capacity.
Indian infrastructure group GMR on Wednesday agreed to buy half of US power producer InterGen for about $1.1bn from an investment firm backed by American International Group and Highstar Capital.
In a major milestone, India successfully tests new advanced towed artillery gun system.
If you simply understand that you do not understand the sock market, that will be a favour. A big favour...
Putin's visit comes at a time when Russia's economy is stalling as oil prices tumble
Almost 2,000 companies whose private provident and pension funds have invested in non-convertible debentures of IL&FS group firms are staring at the prospect of booking losses to the tune of Rs 9,000 crore or more if the interest income is added.
ADA Group's Reliance Energy and GMR Infrastructure are the two Indian firms that have been shortlisted in the bidding process to acquire Singapore's Tuas Power, one of the three power firms put on block.
Take the Rediff Business Quiz and find out how much you know about one of India's greatest industrialists.
There was virtually no incremental equity investment by Tata Sons during Mistry's first two years
Ratan Tata, in his capacity as the chairman of the Investment Commission, has warned that major projects entailing a combined investment of nearly $60 billion are meeting delays and roadblocks for no apparent reason.
No one is right all the times. Recognising the market signals is a very important part of your portfolio creation, says P V Subramanyam
Will set up a 1,000MW gas-based power plant at its Gujarat SEZ.
Anil Ambani-led Reliance Power, which emerged as the lowest bidder for the 4,000 MW ultra mega power project at Krishnapatnam, will be awarded the contract in a few days.
India has the world's 4th largest coal reserves, but various woes are leading to the growth of the coal-mining industry not keeping pace with the demands of the economy.
Anil Ambani-led Reliance Power, which emerged as the lowest bidder for the 4,000 MW ultra mega power project at Krishnapatnam in Andhra Pradesh, will be awarded the contract in a few days, Power Minister Sushilkumar Shinde said on Tuesday.
Follow Anil Ambani group and Lanco for asset valuation.
India's largest private power utility company - Tata Power Company - is planning to raise $ 600 million to fund its recently acquired coal mines in Indonesia.
Tata Power bagged the Rs 20,000 crore (Rs 200 billion) project in Mundra last year by offering to supply electricity at the lowest rate of Rs 2.26 per unit by burning imported coal.
Reliance Energy Ltd said on Friday the Appellate Tribunal for Electricity has quashed an order of Maharashtra Electricity Regulatory Commission that restricted the company from offering rebates to its retail consumers in the city.
Looking to put money in aviation, infrastructure and also to reduce debt of group companies.
Of these, three stocks belong to the automobile pack and two are from the pharma.
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Companies such as Indian Oil Corporation, Tata Steel Ltd and Tata Power Company Ltd will remain highly leveraged over the next 12 months because of weak industry dynamics and resulting constraints on cash flows, it said.
While the Northern states are overdrawing power in violation of grid discipline, one of the units of Dabhol plant has stopped operating and Tata Power has shut one 500 Mw plant for annual overhaul.
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