Tata Power Renewable Energy (TPREL) has bagged an order from Karnataka to develop 250 MW solar project in the state's Tumkur district.
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An industry executive, however, said there is no clarity on power evacuation. “Power Grid Corporation is right now augmenting all their sub-stations. Read more »
The cos say levies account for over a third of revenue and want them lowered, as recommended by the regulator, since they already pay market price for spectrum. Read more »
The HRD ministry had decided to pick only six institutes — three each in public and private categories — to ensure an ‘equal’ treatment. Read more »
The downstream regulator did not give more details on bidders. Indraprastha Gas (IGL), which operates city gas network in the National Capital Region, bid for 11 geographical areas, according to a company... Read more »
Agarwal’s holding firm, Volcan Investments, had bought a structured product last year, giving him an option to buy up to 21% in Anglo American for... Read more »
he second case was registered against Maheep Marketing Pvt. Ltd, its Directors Gajendra Sandim, Hemant Sanghvi and the three SBI officials for allegedly causing loss of Rs 49.99 crore. Read more »
Punjab National Bank (PNB) said it is taking steps against erring employees, legal action against the fraud perpetrators and closely cooperating with the regulators and law enforcement agencies. Read more »
Arguing before the National Company Law Appellate Tribunal (NCLAT) on behalf of ArcelorMittal, senior advocate Harish Salve submitted that its eligibility should be judged as on the date of submission of the... Read more »
After the merger, only two rural banks- Uttar Bihar and Madhya Bihar- will be left in the state, said Modi, who is also Bihar's Finance Minister. Read more »