The energy stocks were badly hit after the July IIP growth numbers were announced in the morning. The IIP for JULY 2011 stood at 3.3 per cent which experts points out as a clear indication of ...
Reliance Infrastructure, controlled by billionaire Anil Ambani, is in talks with investors and funds to sell stake in its roads, metro lines, and transmission businesses, its chief executive said. The Mumbai-based firm, which started out as ...
For years, those living in the city’s suburbs have been paying more for electricity than south Mumbaikars. Chief minister Prithviraj Chavan took note of this discrimination on Monday, calling for equality in tariffs across the city.
“Is ...
Tata Power (TPC) announced that, its retail consumer base in Mumbai has crossed 1-lakh mark in the last one year.
It may be recalled that, after protracted legal battle with Anil Dhirubhai Ambani Group (ADAG) company R-Infra, ...
Reliance Infrastructure and Reliance Natural Resources are close to reaching a settlement with market regulator Sebi by paying consent fees, ending a long-running investigation into alleged violations of foreign portfolio investment regulations.
The companies, part of the ...
Pune-based Sterlite Technologies Limited announced, it has arranged Rs. 700 crore worth of funds for its mega transmission project connecting North-east with the Northern states India. The total estimated cost of the project is Rs. 800 ...
Shiv Sena’s executive president Uddhav Thackeray warned to start intense agitation against R-Infra and the state government as the former has been given tariff hike four to 14 per cent across various categories of consumers by ...
In move to bring all power generation assets of Anil Dhirubhai Ambani Group (ADAG) under one entitity generation assets of 433 Mw belonging to R-Infra were transferred to Reliance Power.
The Enterprise value of these assets has ...
EB Bureau
Tata Power has warned state load dispatch center (SLDC) of legal action if it doesn’t oblige Tata Power by allocating 160 Mw power to Tata Power’s distribution arm and also questioned SLDC’s status as a ...