News for 'energy grids'

Markets rebound on firm global trends

Markets rebound on firm global trends

Rediff.com29 Sep 2023

Among the Sensex firms, NTPC climbed over 3 per cent emerging as the biggest gainer. Tata Motors, Sun Pharma, Tata Steel, State Bank of India, UltraTech Cement, JSW Steel, Bajaj Finance, Reliance, ICICI Bank and IndusInd Bank were the other major gainers. Power Grid, HCL Technologies, Tech Mahindra, Tata Consultancy Services, Infosys and Titan were among the laggards.

Sensex ends in green; finance, energy stocks shine

Sensex ends in green; finance, energy stocks shine

Rediff.com16 Oct 2019

Top gainers in the Sensex pack included Bajaj Finance, ONGC, Yes Bank, HDFC, HCL Tech, Tech Mahindra, TCS, ICICI Bank and RIL, rising up to 3.57 per cent.

Sensex spurts 312 points; energy, auto, banking stocks rally

Sensex spurts 312 points; energy, auto, banking stocks rally

Rediff.com25 Jun 2019

RIL was the biggest gainer in the Sensex pack, rising 2.63 per cent, followed by NTPC, Axis Bank, Tata Steel, PowerGrid, HDFC twins, Bharti Airtel, M&M, ICICI Bank, SBI and Bajaj Finance -- gaining up to 2.51 per cent.

100 deaths at BSE50 Companies

100 deaths at BSE50 Companies

Rediff.com11 Dec 2023

74 of these fatalities were reported by 8 companies: Coal India (21), L&T (14), Vedanta (13, of which Hindustan Zinc reported 7), Tata Steel (7), Power Grid Corporation of India (7), JSW Steel (6), and ONGC (6).

Sensex, Nifty back in green; FMCG, oil shares rule

Sensex, Nifty back in green; FMCG, oil shares rule

Rediff.com19 Dec 2023

Among the Sensex firms, Nestle rose the most by 4.66 per cent. NTPC rose by 2.16 per cent, Reliance Industries by 1.53 per cent, State Bank of India by 1.04 per cent and Hindustan Unilever by 1.03 per cent. ITC, Power Grid and Bajaj Finance were the major gainers. Wipro, Tata Consultancy Services, HCL Technologies, Tata Steel, Bajaj Finserv and Maruti were among the laggards.

Power from Kudankulam plant reaches southern grid

Power from Kudankulam plant reaches southern grid

Rediff.com22 Oct 2013

The first unit of the Kudankulam Nuclear Power Plant was synchronised with the southern power grid on Tuesday, marking a major milestone in power generation of the ambitious Indo-Russian nuclear collaboration in Tamil Nadu.

India Plans 20 Nuclear Power Plants By 2031

India Plans 20 Nuclear Power Plants By 2031

Rediff.com6 Feb 2023

Though it still has only a single-digit share in total electricity production, India has been looking to tap nuclear power faster.

World Bank approves $600-mn loan to Power Grid

World Bank approves $600-mn loan to Power Grid

Rediff.com19 Mar 2008

"Despite a booming economy, India's growth potential is constrained by inadequate electricity services and limited power generation and supply infrastructure... The power sector has improved in recent years, albeit in an environment where demand for electricity continues to outstrip supply," the bank said. The Bank has made three direct loans to Power Grid since 1993.

In India, Saudi deals, a message for Pak on terror

In India, Saudi deals, a message for Pak on terror

Rediff.com11 Sep 2023

India and Saudi Arabia on Monday called on states to reject the use of terrorism against other countries and prevent access to weapons, including missiles and drones, to commit acts of terror.

Sensex, Nifty decline on selloff in banking, financial stocks

Sensex, Nifty decline on selloff in banking, financial stocks

Rediff.com17 Nov 2023

Bajaj Finance, ICICI Bank, Bajaj Finserv, IndusInd Bank, Infosys, Kotak Mahindra Bank, Wipro, and Reliance Industries were among the other laggards. On the other hand, Larsen & Toubro, Hindustan Unilever, Power Grid, Asian Paints, Nestle and Mahindra & Mahindra were the major gainers.

Cities, buildings are becoming smarter

Cities, buildings are becoming smarter

Rediff.com10 Jun 2010

The 250,000 citizens of Songdo, a business district which borders the Yellow Sea in Incheon, a free economic zone in South Korea, are seeing hectic activity. Every nook and corner is being wired. The idea is to have everything connected -- buildings, cars and even energy grids.

A record-setting year; markets surged by up to 20%

A record-setting year; markets surged by up to 20%

Rediff.com29 Dec 2023

Among the Sensex firms, State Bank of India, Infosys, Titan, Tech Mahindra, IndusInd Bank, NTPC, ICICI Bank, Power Grid, Reliance Industries and Kotak Mahindra Bank were the major laggards. On the other hand, Tata Motors, Nestle, Hindustan Unilever, Tata Steel, Bajaj Finance and UltraTech Cement were among the gainers.

Pakistan suffers major power outage across cities

Pakistan suffers major power outage across cities

Rediff.com23 Jan 2023

According to the Ministry of Energy, the system of frequency of the national grid went down at 7:34 am local time, resulting in the breakdown.

4 power PSUs to establish energy efficiency co

4 power PSUs to establish energy efficiency co

Rediff.com23 Jun 2009

Sources said the company was likely to be incorporated with the four government companies holding equity in proportion to their profits, implying that the bigger the profit size, the larger their holding. The combined holding is likely to be in the range of Rs 325 crore (Rs 3.25 billion).

US comfortable with India buying oil from Russia: Biden aide

US comfortable with India buying oil from Russia: Biden aide

Rediff.com17 Feb 2023

By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering the policy of G7 and Washington is "comfortable" with New Delhi over its approach in addressing issues relating to energy security, a top Biden administration official said.

10 tech trends that will drive energy companies

10 tech trends that will drive energy companies

Rediff.com22 Apr 2013

Energy and utility companies are shedding their conservative approach to business. They have started adopting new technologies to be more efficient and to save cost.

BSE-listed firms' m-cap touches record high of Rs 346.47 lakh crore

BSE-listed firms' m-cap touches record high of Rs 346.47 lakh crore

Rediff.com5 Dec 2023

Equity investors became richer by Rs 2.4 lakh crore as key benchmark indices Sensex and Nifty scaled new peaks in morning trade on Tuesday, amid persistent foreign fund inflows. Analysts said foreign institutional investors have reversed their selling strategy and have been consistent buyers during the last seven days. This momentum is a reflection of institutional confidence in the Indian market, they said.

Where does India rank in renewable energy globally?

Where does India rank in renewable energy globally?

Rediff.com8 Feb 2013

About $400 billion of investment may be required in the Indian power sector in the next five years to provide improved grid infrastructure.

Adani forms JV to sell green hydrogen in Japan, Taiwan and Hawaii

Adani forms JV to sell green hydrogen in Japan, Taiwan and Hawaii

Rediff.com14 Sep 2023

Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets. Billionaire Gautam Adani-led conglomerate is investing up to $50 billion over the next 10 years in setting up a fully integrated green hydrogen ecosystem in India. This includes the production of 1 million tonne of green hydrogen in the initial phase which will be ramped up to 3 million tonne later.

SBI in talks with EIB for euro 200 mn green funding

SBI in talks with EIB for euro 200 mn green funding

Rediff.com14 Nov 2022

After securing a euro 150 million Credit line for solar energy finance from a German financial institution, State Bank of India is in talks with european Investment Bank for about euro 200 million to fund climate finance. Recently the country's largest lender obtained euro 150 million in green funding from German government-owned KFW on soft terms and a long repayment period. SBI will use funds to finance solar energy projects.

Bhubaneswar to get India's first energy-sufficient building

Bhubaneswar to get India's first energy-sufficient building

Rediff.com12 Mar 2014

Spread over three acres, the project will house the new office of the Grid Corporation of Odisha Ltd, under the Odisha government's energy department.

Sensex ends 107 points lower in choppy trade

Sensex ends 107 points lower in choppy trade

Rediff.com1 Feb 2024

Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.

No concerns on power supply from Adani: Bangladesh minister

No concerns on power supply from Adani: Bangladesh minister

Rediff.com6 Feb 2023

Bangladesh has no concerns about Adani Group's ability to supply power from a plant in Jharkhand, said Tawfiq-e-Elahi Chowdhury, adviser to the country's prime minister on energy. Speaking on sidelines of the India Energy Week in Bengaluru, Chowdhury, who holds ministerial rank, said talks with Adani on the supply are private and can't be made public. "Electricity will come very timely. Summer peak is coming and that 600 MW of Adani Power is very helpful," he said.

By 2022 India will likely create a million renewable energy jobs

By 2022 India will likely create a million renewable energy jobs

Rediff.com22 May 2015

This can happen if the government reaches its goal of 100 giga watts of solar photovoltaic energy and 60 GW of wind energy

Time To Be Cautious In Bull Market

Time To Be Cautious In Bull Market

Rediff.com10 Jan 2024

A piece of slightly negative news can cause a serious setback, warns Debashis Basu.

'I expect 8% growth next year'

'I expect 8% growth next year'

Rediff.com29 Dec 2023

'We will see a lot of investments from the private sector.' 'As long as we are not impacted by some global events, I think we will be in a strong place.'

Mahindra to expand renewables business amid India's clean energy push

Mahindra to expand renewables business amid India's clean energy push

Rediff.com26 Jan 2015

The group also plans to commission 500 MW of solar power projects

Why Aditya L1 Is Super Special

Why Aditya L1 Is Super Special

Rediff.com4 Sep 2023

India's first solar mission, if successful, will showcase ISRO's ability to explore the cosmos, explains Kumar Abishek.

India's energy imports may rise to $230 bln by FY23: Goldman

India's energy imports may rise to $230 bln by FY23: Goldman

Rediff.com20 Jun 2014

Goldman Sachs report said, "India has a fifth of the world's population, but only a 30th of its energy".

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.

Clean energy cess to hike cost for power sector

Clean energy cess to hike cost for power sector

Rediff.com1 Mar 2015

Clean energy cess to hike cost for power sector.

IIT Delhi in Gulf, trade in local currencies: Modi concludes 'productive' UAE visit

IIT Delhi in Gulf, trade in local currencies: Modi concludes 'productive' UAE visit

Rediff.com15 Jul 2023

Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.

Germany offers India $2.25 billion for solar, clean energy

Germany offers India $2.25 billion for solar, clean energy

Rediff.com5 Oct 2015

PM said he admires German leadership in clean energy and commitment to combating climate change.

Power stocks to stay charged as heat wave sweeps India, say analysts

Power stocks to stay charged as heat wave sweeps India, say analysts

Rediff.com5 May 2023

As temperatures soar across the country, amid searing heat wave, analysts see power demand hitting fresh record highs this year. The time, therefore, may be opportune to add related stocks on dips as higher demand boosts earnings visibility, they said. On April 18, India's electricity demand touched a new high of 216 gigawatts.

M-cap of BSE-listed firms reach all-time high of Rs 299.90 lakh cr

M-cap of BSE-listed firms reach all-time high of Rs 299.90 lakh cr

Rediff.com5 Jul 2023

The market capitalisation of BSE-listed firms reached an all-time high of Rs 299.90 lakh crore on Wednesday despite the Sensex falling marginally after a remarkable record-breaking rally in the last few trading sessions. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04, after rallying in the past five trading straight sessions. During the day, the benchmark hit a low of 65,256.49 and a high of 65,584.33.

Sensex rises 123 points to close at five-month high

Sensex rises 123 points to close at five-month high

Rediff.com12 May 2023

Benchmark BSE Sensex recovered from early lows to close at a five-month high on Friday, riding on gains in banking and auto stocks ahead of the release of key inflation data. The 30-share index gained 123.38 points or 0.20 per cent to settle at 62,027.90, the highest closing level since December 12, 2022. The barometer opened lower due to early weakness in energy, power and IT stocks and touched a low of 61,578.15 in the day trade.

Markets fall nearly 1%; Sensex ends down 398 points

Markets fall nearly 1%; Sensex ends down 398 points

Rediff.com24 Mar 2023

Bajaj Finserv was the biggest loser among the Sensex constituents, sliding 3.81 per cent, followed by Bajaj Finance, Tata Steel, Reliance Industries, HCL Tech, SBI, Larsen & Toubro and Mahindra & Mahindra, Axis Bank and Titan. On the other hand, Kotak Mahindra Bank, Infosys, Tech Mahindra, Power Grid, Asian Paints and Wipro were the gainers.

Nifty PSU: Positive rerating of these stocks likely

Nifty PSU: Positive rerating of these stocks likely

Rediff.com16 Mar 2023

The last year has seen public sector undertakings (PSUs) outperforming the Nifty50, albeit by a small degree. But PSU valuations are still, on average, less than half of private sector peers at price-to-equity or PE 8.7x for the Nifty PSU Index versus 20.9x for the Nifty50. There are several reasons for lower valuation.

Sensex, Nifty rise on gains in metal, commodity stocks

Sensex, Nifty rise on gains in metal, commodity stocks

Rediff.com14 Jun 2023

Tata Steel was the biggest gainer in the Sensex chart, rising 2.39 per cent, followed by Tata Motors, Power Grid, Reliance Industries, UltraTech Cement, NTPC, Nestle, HUL, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank and Asian Paints. In contrast, Bajaj Finance, IndusInd Bank, Axis Bank, Bharti Airtel, Bajaj Finserv, ICICI Bank, Infosys and Titan were among the laggards.