Companies that install solar-power systems for homeowners and utilities are bracing for Trump’s call on whether to slap tariffs on imported panels.
Flagship explorer ONGC will retain Hindustan Petroleum as an independent group arm and continue with the company’s brand after acquiring the government’s stake in the country’s third-largest state-run refiner-retailer.
In an interview with ET Now, Shashi Shanker, CMD, ONGC, points out that ONGC is an upstream company whose top line and bottom line moves in tandem with crude oil price while reverse is the case for downstream companies like MRPL and HPCL. Together, this is going to provide a stable income and also higher risk appetite.
“Much prior to the expiry of 30 days, the impugned preliminary findings have been rendered, which is contrary to the procedure stipulated,” Justice TS Sivagnanam said in his order.
The Debts Recovery Tribunal (DRT) has rejected the application of Piyush Marodia, managing director of Gupta Coal, seeking permission to travel to Singapore. The company has taken a loan of Rs 58.89 crore from State Bank of India (SBI) and is unable to repay it. DRT has impounded the passport of all the directors of Gupta Coal. DRT presiding officer Chikkam Vijay […]
Central Electricity Authority of India has called for creating a flexible standby capacity to protect electricity grid in case the generation from renewable energy plants drop.
A U.S. judge shot down a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company’s bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.
Oil prices are closely aligned with the Narendra Modi government’s fiscal fortunes. When PM Modi was sworn in late May 2014, the price of the Indian basket of crude oilBSE 0.52 % was around $108 per barrel.
The railway ministry will cancel bids called for procuring 9,500 wagons and for setting up eight Rail Neer plants as it has found a lack of transparency in the tendering process.
Coal India’s board last week approved the winning bids of a bunch of power producers including Adani Power, GMR Energy and KSK Energy that quoted the highest discount in electricity tariffs to receive coal from the state-run miner.