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PB Jayakumar
New Delhi, September 13, 2018
Apart from the stay, the stressed power plants were also given another breather recently, when the high-level empowered committee constituted by the Prime Minister's Office allowed retaining fuel supply agreements (FSAs), Power Purchase Agreements (PPA) and long-term transmission network access rights.


Joe C Mathew
New Delhi, September 7, 2018
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power sector fall short of addressing the problem in an effective manner.


BusinessToday.In
New Delhi, September 4, 2018
Rupee hits new all-time low against US dollarThe Indian rupee slumped 16 paise against the US dollar to trade at a life-time low of 71.37 in early trade on Tuesday. The fall in Indian currency is due to the strong demand for the US currency. At the Interbank Foreign Exchange, the local currency opened at a record low of 71.24 against a dollar, down from its previous close of 71.21, and weakened further to trade at a fresh low of 71.37, down 16 paise.  Airlines' losses could r...


BusinessToday.In
September 4, 2018
Earlier this year, the Coal Ministry had ruled out any possibility of dry coal shortage in the upcoming monsoon season and said that it had sufficient stocks to meet the demand of power plants.


PTI
August 26, 2018
SAIL has formed joint venture companies in different areas, namely power generation, rail wagon manufacturing, slag cement production, securing coking coal supplies from overseas sources, among others.


Anilesh S. Mahajan
New Delhi, August 20, 2018
Despite huge strides, the risk of stressed and stranded projects is keeping investors jittery about India's infrastructure building strategy.


Aseem Thapliyal
August 7, 2018
The strong earnings took the stock to its all time high of 1,093 level in trade yesterday. The large cap stock gained 7.38% during the last one month outperforming the Sensex which gained 5.78% during the same period.


Aseem Thapliyal
August 3, 2018
The mid cap stock which stood at Rs 481.60 on August 3 last year closed at 4,348 level on Thursday. That is an astonishing 793% gain in one year.


Reuters
July 29, 2018
Washington decided to reimpose sanctions on Iran upon its withdrawal from a 2015 deal between world powers and Tehran in May, and has told countries they must halt all imports of Iranian oil from November 4 or face US financial measures.


PB Jayakumar
New Delhi, July 11, 2018
Adanis 4,620 MW plants in Mundra, and 1,320 power plant of Essar at Salaya near Jamnagar have stopped generation while Tata's Mundra Ultra Mega Power Project is still in production despite losses.


Reuters
July 6, 2018
U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the world's two biggest economies took a high-stakes turn towards all-out trade conflict.


PB Jayakumar
New Delhi, July 5, 2018
The state government hopes that various stakeholders, including banks, project developers and procurers will compromise on their part to revive these plants, which ran into losses.


BusinessToday.In
New Delhi, June 28, 2018
The government is also, at best, lukewarm to the idea of an asset reconstruction company (ARC) to take over the public sector banks' toxic loans as it's not keen on diverting more of taxpayers' money toward their resolution in this manner.


BusinessToday.In
June 28, 2018
Rupee collapsed to a record low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.


BusinessToday.In
June 27, 2018
ICICI Bank (3.16%), L&T (2.71%) and Tata Motors (2.22%) were the top Sensex losers. HDFC Bank (0.89%), Coal India (0.74%) and TCS (0.38%) were the top Sensex gainers.


Mail Today Bureau
June 27, 2018
The pact comes as India is shifting away from coal-based electricity to environmentfriendly sources for meeting the growing energy demands of its increasingly urban population. The country plans to have nuclear power generation capacity of 22,480 mw by 2031 through projects including the Jaitapur one.


Sumant Banerji
New Delhi, June 14, 2018
Should India's thrust towards electric mobility fructify, the resultant demand for electricity from this segment may grow 870 times between 2020 and 2030 a joint study done by ASSOCHAM and EY has said.


BusinessToday.In
New Delhi, June 14, 2018
Technically, a bad bank is an Asset Reconstruction Company (ARC). Once it is formed, banks divide its assets into two categories -- one with non-performing assets and other risky liabilities and the other with healthy assets, which help banks grow financially.


Anand Adhikari
New Delhi, June 12, 2018
The bankers are not very happy with IBC as resolutions are resulting in huge hair cuts. The IBC will take time to emerge as a value maximiser for banks as they are already facing too many issues on many fronts.


PTI
June 11, 2018



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