Govt looking to divest stake in 6 state-run firms

Govt looking to divest stake in 6 state-run firms

The government may sell stake in six state-run companies, including NTPC, MMTC, BHEL and Coal India. A report by ETNow said that government readies divestment plan from September-March period. It may divest 3 per cent stake in NTPC and 15 per cent stake in MMTC.

Steel sector feels assured of steady growth in demand

Steel sector feels assured of steady growth in demand

Last week, we had envisaged a strong IIP growth in June’18 based on a robust growth achieved by the eight core sectors (crude oil, refinery products, coal, cement, steel, fertiliser, electricity, natural gas) which have a combined weight of 40.2% in IIP released earlier in the month.

Solar tariff tumble stirs coal concerns

Solar tariff tumble stirs coal concerns

Recent developments in the renewable energy space saw a record drop in solar power tariffs and technological improvement in the energy storage solutions. This has put a question mark on the future of coal as a dominant yet polluting, depleting and costly source of energy for which citizens continue to pay a premium pri