The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position. For the past year, Adani Power has been undergoing an overhaul for its debt, including measures such as equity infusion and refinancing. These have helped the company survive the rough times since proceeds from the compensatory rates are yet to come by. The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a ... Rediff.com, 2 months ago
QUICK PILL The aim is to produce 40 Giga Watt (GW) of energy through rooftop PV (photovoltaics). India has the current rooftop solar capacity of 1.1 GW. According to Credit Rating and Information Services of India Limited (CRISIL), only 11-12 GW of solar ...catchnews.com, 4 weeks ago
On Monday, 6 March, more than two thousand Adivasis from Jharkhand marched from Mandi House to the Parliament in Delhi. Later, a number of leaders from different political parties, barring the ruling BJP , joined them, spoke in their support and promised to ...catchnews.com, 3 weeks ago
Uniquely vulnerable to the impacts of a warming world, Pacific island countries have long been considered the front-line of climate change, so it’s not surprising that they are also leading the fight to tackle the problem. These tiny nations have vowed ...catchnews.com, 4 weeks ago
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 1% and 0.9% respectively. Benchmark indices settled on a higher note with Nifty 50 holding 8,450 level ahead of expiry of January derivative contracts tomorrow and Union Budget that will be presented on February 1. Analysts are hoping for a budget that delivers some incentives to support an economy that has been hit by India's shock move to ban higher-value banknotes. Sensex rallied as ...Rediff.com, 2 months ago
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