हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
MF Returns Calculator
Jaiprakash Power allots 305.8 crore shares to lenders under SDR scheme
Sun, Feb 19, 2017
In a BSE filing on February 18, 2017, Jaiprakash Power said, "We wish to inform that upon approval of allocation of conversion of part of outstanding debt amount into equity shares amongst banks and financial institutions, the stakeholders relationship committee in its meeting, has alloted 305,80,00,000 equity shares of Rs 10 each at a price of Rs 10 per share to its lenders pursuant to implementation of SDR."
Coal imports decline by 22% to 14 MT in January
Sun, Feb 19, 2017
"In power sector, the state utilities are replete with stock and are aiming to curb imports altogether (except for coast-based plants) by March 2017. This explains the substantial drop....In steam coal imports in January 2017 vis-a-vis the same month last year," mjunction CEO Vinaya Varma said.
Q3FY17: Coal India's net profit down 20% at Rs 2,884 crore
Sun, Feb 12, 2017
The company reported consolidated net profit Rs 2884.46 crore compared to net profit of Rs 3617.17 crore in the similar period of previous year.
Tata Power's Q3 net profit rises by 38%; appoints N. Chandrasekaran as Additional Director
Sat, Feb 11, 2017
Anil Sardana, CEO & Managing Director, Tata Power said, “During the third quarter of FY16-17, Tata Power has improved profitability and has maintained strong operational performance across all business verticals. With a gross installed generation capacity of 10,496 mega watts, we continue to be India's largest integrated power player as also largest green generator.”
NTPC's Q3 net profit drops by 7%, at Rs 2469 crore
Wed, Feb 08, 2017
NTPC reported net profit of Rs 2468.72 crore, a drop of 7.49% compared to Rs 2668.77 crore in the corresponding period of the previous year.
India to host international nuclear security meet next week
Sun, Feb 05, 2017
"A breach of nuclear security may lead to unimaginable consequences. Such an event would have a global impact. It is imperative to strengthen international efforts to combat such threats. This meeting is therefore timely and important and would further enhance our vigil," MEA said.
Adani Power's shares crack as Q3 net loss widens at Rs 324 crore
Fri, Jan 20, 2017
Vneet Jaain, Chief Executive Officer (CFO) of Adani Power said, “During Q3, we have been able to maintain high levels of plant availability factor, with all around improvement in operational efficiencies. We are navigating a challenging environment which is marked by non-availability of domestic fuel linkages, regulatory complexity and lower power demand.”
Sterlite Power achieves financial closure for Rs 1000 crore power project
Wed, Jan 04, 2017
Rana Kapoor, Managing Director & CEO of Yes Bank said, "We are pleased to partner with Sterlite Power to set up Rs 1000 crore inter-state power transmission asset in Haryana under the Point of Connection mechanism. Vide this project, which caters to a large section of north India's population, we are enabling a significant step towards 24X7 power for achieving Energy Security in our country India."
Power price drops 5.7% to Rs 2.32 per unit in November
Tue, Dec 06, 2016
Spot power price of Rs 2.32 per unit was recorded in November, a drop of 5.7% over the average trading price in October which was Rs 2.43 per unit, Indian Energy Exchange (IEX) said on Monday.
Coal minister says no value in splitting Coal India
Fri, Dec 02, 2016
Power and coal minister Piyush Goyal said there was no value in splitting up India`s biggest coal producer Coal India Ltd .
Discoms to see marginal rise in credit metrics in 2017: Fitch
Wed, Nov 23, 2016
Indian state distribution companies struggling with years of cash losses will have some leeway in 2017.
Haryana launches voluntary disclosure scheme for defective meter boxes
Sat, Nov 19, 2016
Haryana government today launched a Voluntary Disclosure Scheme (VDS) 2016 for declaring tampered or defective meters for all categories of consumers having sanctioned load up to five KW.
Adani Power net loss narrows to Rs 114.40 crore; shares down
Mon, Oct 24, 2016
"Adani Power expects to benefit from improved domestic coal availability through recently announced special forward coal e-auction scheme for the power sector," said Jaain.
JSW Energy, Swaziland Electricity Co sign MoU for setting up thermal power plant
Mon, Oct 24, 2016
It said, "The capacity of power plant to be set up will decided by JSW Energy in consultation with SEC based on the coal resources found during the exploration of an area of approximately 16,000 hectares to be prospected by JSW Energy under a prospecting license granted to them."
This is how India Inc's second quarter performance may shape up
Mon, Oct 10, 2016
Prasad Koparkar, Senior Director, CRISIL Research said," The second quarter, we expect sectors focused on urban and rural consumption such as automobiles and retail, along with pharmaceuticals and IT services, to record double-digit revenue growth.”
India Energy Exchange records highest ever power trade of over 3 billion units in September
Wed, Oct 05, 2016
The Indian Energy Exchange (IEX) on Wednesday said that its platform registered a record high trade reaching 3.63 billion units (BU) in September with an average price of Rs 2.43 per unit of electricity.
Reliance Power's net profit rises by 12% to Rs 340 crore
Mon, Sep 12, 2016
Anil Ambani's Reliance Power reported consolidated net profit of Rs 340.49 crore for the June quarter ended 2016 (Q1FY17), a rise of 12.51% from Rs 302.64 crore in the similar period of the previous year.
Tata Power, ICICI Venture partner to launch power platform with global investors
Fri, Sep 09, 2016
It said in a statement,"Tata Power International Pte has entered into a subscription agreement to invest in Resurgent Power Ventures (RPV) - a power platform created to facilitate investment in power projects in India."
Power availability: Ministry of Power revives 9 stranded gas based plants
Sun, Sep 04, 2016
"The generation from these plants would improve the power availability in the Southern grid, mitigating to a large extent the shortage of availability and constraint of evacuating the power to the Southern region from other regions, " it said in the statement.
Tata Power Q1 net profit declines by 76% on adoption of Ind-As; shares down by 3%
Tue, Aug 23, 2016
Tata Power - India's largest integrated power company reported consolidated net profit of Rs 72.49 crore for quarter ended June, 2016, witnessing decline of 76.08% from Rs 303.14 crore in the corresponding period of the previous year.