Adani Power on Friday said it has completed acquisition of GMR Chhattisgarh Energy (GCEL), which owns and operates a 1,370 MW (2 X 685 MW) power plant at Raikheda village in Raipur.
Crude oil futures fell 1.02 per cent to Rs 3,991 per barrel Thursday in line with weak trends in overseas markets. Crude oil contracts for August delivery traded lower by Rs 41, or 1.02 per cent, at Rs 3,991 per barrel with a business volume of 22,525 lots on Multi Commodity Exchange (MCX).
The price of non-subsidised LPG cooking gas will be reduced by Rs 62.50 per 14.2 kg cylinder in New Delhi, effective August 1, an official statement said on Wednesday. According to the Indian Oil Corporation, the price reduction comes on the back of prices in the international market and the dollar-rupee exchange rate.
Crude oil prices rose 0.95 per cent to Rs 3,942 per barrel in futures trade Tuesday as speculators raised their exposure amid positive global cues. On the Multi Commodity Exchange, crude for August delivery went up by Rs 37, or 0.95 per cent, to Rs 3,942 per barrel in a business turnover of 19,076 lots.
Crude oil futures fell 0.36 per cent to Rs 3,855 per barrel on Monday in line with weak trends in overseas markets.
Crude oil contracts for July delivery traded lower by Rs 14, or 0.36 per cent, at Rs 3,855 per barrel with a business volume of 20,255 lots on Multi Commodity Exchange (MCX).
The National Company Law Tribunal (NCLT) on Friday approved state-run hydro giant NHPC”s Rs 907 crore bid for the debt-ridden Lanco Teesta Hydro Power Ltd. The Hyderabad bench of the NCLT approved the recommendations of the Committee of Creditors (CoC) of Lanco Teesta Hydro Power
Ruias-led Essar Exploration & Production Ltd on Friday said the company and its partner ENI have made natural gas and condensate discovery in a block offshore Vietnam.
The Noida-Greater Noida Metro, which completed six months of operations on Thursday, ferried on an average 14,827 passengers daily and has registered an 88 per cent increase in ridership, officials said.
A fine of Rs 10,000 was slapped on a filling station in Greater Noida for violating the “No Helmet, No Fuel” policy being implemented in the district, officials said on Wednesday.
The blockbuster deal involving the world”s largest oil producer Saudi Aramco picking up a minority stake in the refinery business of the country”s largest corporate house Reliance Industries (RIL)