In Securities and Exchange Board of India’s (Sebi) books, Reliance Industries Ltd made unlawful gains worth Rs447.27 crore in November 2007, while trading in equity derivatives of subsidiary company, Reliance Petroleum Ltd (RPL).
Investors of Reliance Industries Ltd (RIL) on Monday have lost over Rs12,500 crore market value after market regulator penalized the company for unlawful transactions and imposed a one year ban on it and 12 other entities from trading in equity derivatives.
State-run power producer NTPC today said it has commissioned 55 mega watt (MW) of Bhadla Solar Power Project in Rajasthan.
Engineering major Larsen & Toubro today said it has bagged orders worth Rs 705 crore in its water and effluent business in Tanzania.
Before his arrest, at least six cases of oil pilferage from pipelines laid around Mathura refinery were reported in the past five years and 17 persons were arrested.
The high rates of transmission and distribution losses in India, up to 60% in some states, have led to a profusion of technologies emerging to at least address the non-technical losses occurring due to power theft and meter tampering.
State-run Solar Energy Corp. of India (SECI) has deferred auction for the 1-gigawatt (GW) rooftop solar projects tender for the fourth time in the past three-four months
Eco-Neev, a fuel catalyst manufacturer, plans to target bulk diesel users such as Indian Railways and mining companies for the nanotechnology product it claims reduces emissions by 18% and saves 5-7% on fuel costs.
Pushed by LIC, Essar Oil has given an unconditional undertaking to the institution and some of the lenders that their dues would be cleared within three days of the closure of its crucial deal with the Russian firm Rosneft.
State-owned ONGC has began exploration works in northeast India to attract more gas based industries in the region, top official said.