Coal Quality Concern Between NTPC, CIL Will Be Resolute It Soon
New Delhi: The government is expected to resolve the contentious concern of coal quality supplies between power producer NTPC and Coal India Ltd within a couple of weeks. As per to sources, at a...
View ArticleOil And Gas Split In Demand; ONGC Flow 5%
Mumbai: Stocks of oil and gas companies have moved greater by up to 5% in late noon deals on the Bombay Stock Exchange (BSE). Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum...
View ArticleAdani Group to elevate $2.5 bn via QIP, foreign loans
Mumbai: In its largest finance-increasing exercised, Adani Group is set to increase $2.5 billion (Rs 15,000 crore) from investors in India & abroad. Within a quarter, the group will increase $1...
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Tribunal upholds GMR’s concession agreement for Maldives Airport
New Delhi: The Rt Hon Lord Hoffman’s Tribunal has declared GMR Infrastructure’s concession agreement for Maldives Airport as valid and binding, not void for any mistake of law or discharged by...
View ArticleSuzlon Obtain A Chance To Initiate Manufacturing Plant In Rajasthan
New Delhi: Wind turbine maker Suzlon Energy has been given a go-ahead by the power generation firm CLP India to begin manufacturing equipment for the latter’s project in Rajasthan. “Suzlon today...
View ArticleBharat Electronics: Distrustful, Yet To Magnetize
Mumbai: Bharat Electronics (BEL) could benefit additional from a re-rating, backed by extension of margins & increasing order outlook. A new govt at the Centre is reducing worries concerning new...
View ArticleKerala Withdraw DLF Project Approval
New Delhi: DLF, the country’s biggest real estate entity, has put on hold the delivery of its DLF Riverside luxury project in Kochi, after the Kerala govt cancelled its CRZ (coastal regulation zone)...
View ArticlePunj Lloyd Pulls Out Meeting On Institutional Purchase
Mumbai: Stocks in Punj Lloyd has increased 7% to Rs 59.55, increasing its previous day’s 16% rally, after institutional investors bought over 2 million equity stocks for Rs 11.5 cr via open market...
View ArticleTrial run for Bangalore metro rail to start in November
Bangalore Metro Rail Corporation (BMRCL) is planning to start trial run from Magadi Road station to Mysore Road station in November this year. The length of the stretch is 6.52 km and the work on...
View ArticleChandrashekar Rao to lay foundation stone for water project
K Chandrashekar Rao, Chief Minister, Telangana, will soon lay the foundation stone for Malkajgiri drinking water supply project. The project is undertaken by Hyderabad Metropolitan Water Supply and...
View ArticleNEEPCO Make Responsible To ONGC For Least Supply Of Gas To Monarchak Plant
Agartala: The 101 megawatt gas-based thermal power project at Monarchak in Sipahijala, commissioned by NEEPCO, is ready for generation, but cannot be made operational due to non-supply of gas by ONGC,...
View ArticleOdisha To Drop 250 Mw On Waste Of TTPS Units
Bhubaneswar: With the Union ministry of power targeting retirement of 4 thermal units of NTPC’s Talcher Thermal Power Station (TIPS), Odisha is set to lose 250 Mw power. The 4 thermal units of NTPC,...
View ArticleAjoy Mehta on National Advisory Group on Distribution Reforms
The Central Ministry of Power has formed a 14 member advisory group on distribution reforms. The Managing Director of Mahavitaran; Mr. Ajoy Mehta is appointed as one of the members of this advisory...
View ArticleL&T inaugurates service cum training centre at Kanchipuram
Chennai: The construction equipment arm of Larsen & Toubro, L&T Construction and Mining Machinery recently unveiled an ultra-modern service and training centre at Kanchipuram, near Chennai....
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Cement demand likely to soar to 7% in southern region
Mumbai: Cement demand in southern India is likely to witness an upward swing once the housing and infrastructure activities picks up. According to Karvy Broking report, cement plant utilisation trend...
View ArticleGCA to resolve ONGC-RIL dispute
NEW DELHI: Global independent consultant Gaffney, Cline & Associates (GCA) is likely to be appointed to verify state-owned ONGC’s claims that gas from its Krishna Godavari fields may have flowed...
View ArticleKUL launches eco-friendly township projects
A wire-free township project titled ‘KUL Ecoloch’ was launched recently in Pune by Kumar Urban Development (KUL). The project is based on an Eco-friendly concept of ‘Smart City homes’ which will have...
View ArticleIndiabulls buys London property for Rs1.5K Cr
MUMBAI: Indiabulls Real Estate has bought an upmarket building in the city’s Mayfair area in London for Rs 1,550 crore. The company plans to steadily build a portfolio of projects in London, said Gagan...
View ArticleLuxury Housing Trends in Mumbai
MUMBAI: In marked contrast to other cities, the dynamics of luxury housing in Mumbai have changed dramatically over the last decade. Delhi, Kolkata and Chennai continue to have location-specific...
View ArticleGoyal keen to augment coal output
Piyush Goyal, the Union Coal and Power Minister is in favour to take environment ministry on board in his effort to augment production of Coal India Ltd (CIL). The minister recently met CIL officials...
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