Coal India will fetch the Centre around Rs 19,000 crore on account of dividends paid and shares sold through various modes by the end of 2018-19 — almost double that of last year.
India is developing its maiden deep-sea port in Indonesia’s Sabang close to Andaman and Nicobar Islands making its entry in the Southeast Asian amid China’s slew of connectivity plans for ASEAN under BRI.
Unavailability of cheap natural gas may pinch distributors: Petroleum and Natural Gas Regulatory Board Chief
A squeeze in supply of cheap local natural gas in the future can erode the margins of city gas distributors but the business would remain viable due to the present price advantage gas has over petrol and diesel at present,
The Bangalore Metro Rail Corporation (BMRCL) can finally go ahead with the construction of three stations and a depot on the east-west corridor between Baiyappanahalli and Whitefield as the transport utility has got possession of 44.45 acres (18.11 hectares) of forest land.
Creditors to Essar Steel are weighing three options, one of which might be put before an appellate bankruptcy court on Monday, as they seek to draw to a close the insolvency proceedings that have dragged on for about two years.
The Karnataka High Court has quashed the state regulator’s order imposing retrospective charges related to transmission on renewable energy developers.
India is considering Venezuela’s proposal to use rupee for trade payments to protect the current oil import from the South American nation facing hardening US sanctions.
Coal stock position at power plants have improved considerably with number of plants holding critical stocks declining to one this week. It tipped to 33 during mid-October last year.
The National Company Law Appellate Tribunal (NCLAT) told Essar Steel Asia Holdings (ESAH) to withdraw its appeal against the rejection of its Rs 54,389-crore offer for Essar Steel, possibly making it harder for the Ruias to regain control of the asset.
The NCP Friday demanded that the multi-billion dollar Mumbai-Ahmedabad bullet train project be scrapped, a day after a foot overbridge connected to iconic CSMT station collapsed here, killing six persons and injuring 31.