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About 14 results for "adani power rsquo"

Top Indian firms queue up to restructure loans

Top Indian firms queue up to restructure loans

  The Adani Group’s power projects, Reliance Gas and Transportation, and Hindalco Industries have had their loans restructured after they blamed the economic slowdown and land acquisition and environment clearance delays. In August 2014, the Reserve Bank of India allowed banks to extend the tenure of loans to 25 years to match the cash flow of infrastructure projects, while refinancing them every five years.   Earlier, banks did not lend beyond 12 years for infrastructure ..., 2 weeks ago

Maharashtra not to purchase power from Dabhol plant

The government’s move is crucial as the state distribution utility MahaVitaran was purchasing about 95 per cent of power since the Dabhol project began generation in April 2006 The Bharatiya Janata Party (BJP)-led government in Maharashtra on Thursday said the state was not keen to draw power from the Dabhol power project, citing surplus availability. State Energy Minister Chandrashekhar Bawankule told Business Standard: “Maharashtra is power surplus without any major loadshedding.
 Rediff.com1 day ago

Back-to-back Adani AGMs irk purists

In an ideal world, close to 400,000 shareholders should on August 11 come together at JB Auditorium on Ahmedabad’s Vikram Sarabhai Marg, for three listed Adani group firms are to hold their annual general meetings on that day.  According to the notices filed by the companies, Adani Ports & SEZ’s AGM at 9:30 am will be followed by Adani Power’s exactly an hour later. The shareholders of Adani Enterprises are slated to meet soon after, at 11.30 am. While the first two ...
 Rediff.com1 month ago

Power firm revamps amid renewable energy push

Carmichael mine's new hurdle: analysts predict India's coal imports zero by 2021 The Guardian Australia (Yesterday) - Adani's $16bn coalmine would be left stranded, says energy institute, by India's plan to install renewable energy plants and ...
 NigerianHerald.com1 month ago

A slice of Vibrant Gujarat for the state's Muslim businessmen

Muslims have marginal representation in the state’s industry chambers Gaurav Path, Surat. Photograph: Courtesy Wikimedia Commons. Enterprises run by Muslims account for 20-23 per cent of the MSMEs in the state. The annual turnover of most of these units, however, is only Rs 1-5 croreSafibhai Maniar, owner of Maniar & Co, which deals in material-handling equipment, had his entire business set-up gutted in 2002. That wasn’t the first time the Maniar family had to start from ...
 Rediff.com1 day ago

Anil Agarwal, Adanis, Ambanis lose the most in Modi regime

Among the gainers, Siddhartha Lal of Eicher group (net worth up 152 per cent) tops the list, followed by the Ruias of Essar Group (up 111.4 per cent) and Desh Bandhu Gupta of Lupin (up 104.5 per cent). For India’s top business houses, the first 15 months of the Narendra Modi government has been a roller-coaster ride. While the promoters of information technology, pharmaceutical and consumer goods companies have gained, those of old-economy businesses such as metals, energy, power and ...
 Rediff.com3 weeks ago

Adani's mine project: India conveys disappointment to Oz

India has conveyed its disappointment to Australia over the derailing of mining giant Adani's controversial $16.5-billion project in Queensland on issues relating to environment. Indian High Commissioner Navdeep Suri on Tuesday said the matter was discussed with Australian Trade Minister Andrew Robb during a trade and investment meeting held recently. "We did speak about the Adani Carmichael project in Queensland and I shared our disappointment over recent developments," Suri told PTI. Stating ...
 Rediff.com1 month ago

Raising funds: Amid wait, worry, India Inc looks to Singapore, China

Bankers said PFC was planning to raise $1 billion from abroad while Adani Ports was looking to raise $1.5 billionIndian companies could tap the Singapore and Chinese currency markets to raise money for their immediate requirements or wait for the Greece crisis to blow over to relaunch offers, chief financial officers and bankers said.Just before the Greece crisis rattled financial markets all over the world, three Indian companies hired banks to market their bonds. Bankers said Power Finance ...
 Rediff.com2 months ago

'Artificial leaf' powered by solar energy to run future communities

Cochin airport becomes world's first to run fully on solar power ZeeNews- Science&Tech (Yesterday) - In a major step towards cleaner energy, the Cochin International Airport Limited (CIAL) has become the first airport in the world that will ...
 NigerianHerald.com1 month ago

A third of BSE 500 stocks back to Manmohan era

Stock prices of 176 of BSE 500 firms now below their levels on May 26 last yearThe BSE benchmark Sensex seems to be under-reporting the extent of pain gripping the broader market. Nearly a third of the BSE 500 companies (176 stocks) have lost all the gains they made since the Narendra Modi-led government took charge at the Centre on May 26 last year. And, more than 10 per cent (40 of 498 companies) have lost at least half their market value during the past 15 months. The biggest losers have ...
 Rediff.com1 month ago
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