Cos lift just Rs 1,019 crore from IPOs in first semi of FY 2015
COIMBATORE: The equity marketplaces might be on a strong wicket. However corporations haven’t tapped markets in a large way for lifting funds. The initial half of the present economic ended with a...
View ArticleNTPC signs MoU for ESP with EEC
NTPC and Excellence Enhancement Centre (EEC) set up by Central Electricity Authority under Indo-German Energy (IGEN) program with initiative of Ministry of Power and CEA to facilitate performance...
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JCB introduces Loadall and Indian built Skid Steer Loaders
JCB Loadall 530-110 New Delhi: JCB India Ltd, India’s largest manufacturer of construction equipment has introduced two new innovative product lines – Loadall and Skid Steer Loaders – in India....
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Dimitrov Krishnan – new head for Volvo CE India
Dimitrov Krishnan, Vice President – Sales & Marketing, Volvo CE India Bangalore: Volvo Construction Equipment (Volvo CE) has appointed Dimitrov Krishnan as Vice President – Sales & Marketing,...
View ArticleTata Steel Europe’s divestment: Analysts to long product division
The deprived presentation of the division is in addition apparent from Tata Steel’s move in FY13, when the corporation proclaimed a $1.6-bn goodwill destruction accusation for the failure of charge for...
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Electro-Motive Diesel inaugurates new world class facility
(L-R) Arunendra Kumar, Chairman, Railway Board; Marc Buncher, Sr. Vice President, EMD with other dignitaries at the EMD’s facility inauguration. New Delhi: Electro-Motive Diesel, Inc. (EMD), a fully...
View ArticleACME Group to get $ 100 loan from ADB
ACME Group, the leading green energy player in India, announced that it has received final approval for credit facility of $100 mn loan from Asian Development Bank. The proceeds of the loan shall be...
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Rhenus Logistics strengthening its position in oil & gas sector
Rhenus Logistics India, the Indian arm of the global Rhenus Group, has announced signing an agreement with Shell India. As part of this agreement, Rhenus Logistics, will launch a fleet of specialised...
View ArticleNew oil and gas agreements may be tough on savers
MUMBAI: The petroleum ministry is appearing to rework numerous of the controversial clauses in the predictable model proceeds distribution agreement, including those associated to the escrow version,...
View ArticleOil India subsequent quarter net revenue down 33%
Entire profits of the corporation in addition dropped 17.5% to Rs 2,622.2 crore Oil India Ltd (OIL), India’s state-possessed petroleum surveyor, has verified a 33% turn down in net revenue for the...
View ArticleDelay in mining through NTPC as of Jharkhand coal block under lens
The government has wanted a statement from the Coal organizer on postponement in mining via NTPC from a Jharkhand mine which was selected to the PSU about a decade ago. The Coal Ministry has queried...
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Coal block auction details finalized by the coal ministry
The Coal ministry has finalised the details for auction of coal blocks and a formula to decide the base price for each block that will soon to be put before the Union Cabinet for approval. The ministry...
View ArticleCoal India major selection expected next week
Meeting of chosen applicants on Tuesday; few candidates judged against anticipations The administration is about to choose the chairman and managing director (CMD) for Coal India Limited (CIL) by...
View ArticleOil Min grapples with imbursement alternatives for RIL’s KG-D6 gas
Days ahead of the primary payment at latest gas cost, the Oil bureau is grappling with the problem of how to invoice the gas formed as of Reliance Industries’ most important fields in the KG-D6block....
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Karnataka Govt will go ahead with Mekedatu drinking water project
Karnataka government will go ahead with the Mekedatu drinking water project by constructing a reservoir at the site. However, the government has dropped its plan of constructing a hydel power plant at...
View ArticleModi about to launch Rs 35,000 crore IOCL processing plant
Narendra Modi, Prime minister of India is about to instate the much expected Rs 35,000 crore processing plant development of Indian Oil Corporation (IOCL) at this juncture in the month of March, next...
View ArticleJSW purchases Jaypee’s hydro plants for Rs 9,700 cr
JSW Energy, managed through billionaire Sajjan Jindal, has obtained two of Jaiprakash Power Ventures’ power plants, by means of a joint capability of 1,391 Mw, for Rs 9,700 crore. The board of managers...
View ArticleLatest gas rates will not push up productivity
It might not be money-spinning to beat much of India’s gas coffers in deep water at the government advised rates of $5.6 per mBtu (million British thermal units), as per the professionals. The...
View ArticleJP Power: Asset auction to bring down obligation/equity ratio to 2.6 xs
Shares of Jaiprakash Power business enterprises did not respond sharply on Monday, subsequent to the auction of two of its hydro electric power tasks to JSW Energy for Rs 9,700 crore was officially...
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Adani signs MoU with SBI for mining project in Australia
The Adani group signed a memorandum of understanding with State Bank of India (SBI) yesterday. The MoU will provide a loan of $ one billion (over Rs 6,000 crore) for the conglomerate’s mining project...
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