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Future Supply shares rise as CCI approves 22% stake acquisition by Nippon Express
The shares appreciated 5.98 per cent to Rs 529 on the NSE.
Next set of reforms could be on supply-side: Radhika Rao
Radhika Rao, Senior Vice-President & Economist at DBS Bank, says Indian economy is u...
Stocks in news: IDBI Bank, Future Supply Chain and JB Chemicals
Here are the top stocks that are likely to be in focus in today's trading.Sto...
Independent power producers allowed to use Coal India supplies across plants
This is expected to reduce the cost of power generation making them more competitive because if a power company has separate fuel supply agreement for each plant, it can transfer coal from one plant to another. This would also reduce transport cost and take the load off railways during peak season.
CG Power shares slip 5% as SFIO begins probe
On the NSE, the shares fell 4.7 per cent to Rs 11.15.
West Bengal trims guv’s powers, cuts direct access to universities
Tuesday’s gazette notification — putting the state government between the chancellor’s office and vice-chancellors — caps three months of back and forth between Raj Bhavan and the Bengal government, starting with governor Jagdeep Dhankhar’s visit to the Jadavpur University campus to “rescue” Union minister of state Babul Supriyo from student protesters.
ReNew Power partners with GS E&C to execute solar project in Rajasthan
The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV auctions concluded earlier this year.
SFIO begins probe against CG Power and Industrial Solutions, 15 group firms
The company had in August said that an investigation instituted by its board had found major governance and financial lapses, including some assets being provided as collateral and the money from the loans siphoned off by "identified company personnel, both current and past, including certain non-executive directors".
India's electricity demand falls for fourth straight month
Electricity demand fell to 94.60 billion units in November, from 98.84 billion units during the same period last year. India's power demand fell 13.2% in October from a year ago, posting its steepest monthly decline in more than 12 years, reflecting a deepening growth slowdown in Asia's third-largest economy.
Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions
Nippon Express will acquire 22% stake through a combination of primary issuance and secondary purchase from an existing investor.
ReNew Power partners with GS E&C to execute solar project in Rajasthan
ReNew Power will hold a 51 per cent equity under the partnership, while the balance will be held by GS E&C. The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV auctions concluded earlier this year.
Madhya Pradesh to set up 2000 MW solar power park across Chambal & Bundelkhand
A new solar park will be established stretching from Sagar to Chhattarpur districts and parts of Chambal. First phase of the project will be started from Devri, Banda, Kareli and Jaisinghnagar in Sagar district to Morena, Joura and Kolaras in the Chambal areas.
GST: Promoters move high court over taxman’s power to arrest, attach accounts
The tax department had arrested several promoters on the basis of suspicion that they gamed GST rules.
Centralisation of power in PMO not good for economy: Shiv Sena
The central government wants the finance minister and RBI governor under its control, an editorial in Sena mouthpiece 'Saamana' claimed, adding that the present BJP-led dispensation is not ready to listen to economists as it considers the economy as a "share market gamble".
Share market update: Power shares trade higher; Adani Transmissions climbs 3%
The S&P BSE Power index was trading 0.28 per cent up at 1842.37 .
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