Cyclone Vayu spares Gujarat, changes course towards Oman

Sparing Gujarat after changing course, Cyclone Vayu on Thursday began moving away from the state coast towards Oman, even as the danger of heavy winds and rain in coastal areas continued, officials......

Torrid summer, acute coal shortage trigger blackouts in many states

A potent combination of sweltering summer and acute coal shortages have triggered blackouts across many parts of the country as states struggle to manage the record demand for electricity and low......

'Delhi's favour-driven culture will get a big shock from Modi'

'Modi is a master of convergence. By his ability to converge and add new features to a non-star idea, he is able to sell it. Like how he has turned Kutch into a tourist destination by selling the......

FMC warns PXIL and its members

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......

SC stays compensatory tariff for Adani, Tata

In major relief to Gujarat, Haryana, Rajasthan, Punjab and Maharashtra, the Supreme Court on Monday stayed an order allowing Tata Power and the Adani group to charge higher electricity tariffs on......

Why India Inc sees Modi's PMO as the 'mover'

Corporates understand that the PMO drives all key decisions in this government, report Shreya Jai and Nivedita Mookerji. When it recently made a request to the Gujarat government to take 51 per......

Adani, Tata Power get tariff relief

In a move that could turn around the fortunes of two imported coal-based power plants in Gujarat, the Central Electricity Regulatory Commission (CERC) has allowed compensation of Rs 830 crore (Rs......