Jul 22, 2015 07:43 PM IST
Output from the mine, one of a handful under development in the Galilee Basin of Queensland state, will be mostly exported to India, where it will be central to plans by Indian Prime Minister Narendra Modi to bring electricity to hundreds of millions of people living off the grid.
- Apr 07, 2015 03:45 PM IST
The Land Court heard that the burning of coal would risk the climate to a dangerous level while its extraction would not directly affect the Great Barrier Reef - a world heritage site.
- Mar 31, 2015 04:49 PM IST
At present, India has 71 million tonnes (MT) of conventional storage space, including 33 MT under the control of state-run Food Corporation of India (FCI), while the remaining belongs to state agencies and Central Warehousing Corporation.
- Mar 26, 2015 02:27 PM IST
The Wangan and Jagalingou (W&J) people, the traditional owners of the lands earmarked for the mine and of much of the Galilee Basin, have rejected the Indigenous Land Use Agreement with Adani to build coal mine in the area.
- Feb 25, 2015 12:12 PM IST
ABG Shipyard is already amidst a Rs 11000 crore debt restructuring package and is currently scouting for strategic buyers.
- Feb 16, 2015 09:43 PM IST
Alleging that the privatisation of Delhi and Mumbai airports during the UPA regime was a big "scam" and that Civil Aviation Ministry had "closed down" old airports at Bangalore and Hyderabad without approval of the AAI board, Ahlawat said the government now wants to hand over four more airports, already modernised by AAI, to the private players.
- Jan 08, 2015 05:50 PM IST
Unfortunately we did not get enough bids and we had to scrap the process. The process was initiated before this government came in and I thought it was not prudent to keep extending it without a possible solution, said Piyush Goyal.
- Oct 29, 2014 12:23 PM IST
Brinkerhoff, a project management and infrastructure consulting firm, will be Adani's PMC partner for the Phase 1 contract encompassing Adani's planned works for the Carmichael mine, North Galilee Basin Rail (NGBR) and expansion at the port of Abbot Point.
- Aug 22, 2014 01:25 PM IST
In a 57-page report, analysts at Citi discussed prospects for the sector, and outlined three stocks â€“ Adani Ports and SEZ, Container Corporation and Gujarat Pipavav â€“ that they believe could be potential beneficiaries of an expected economic turnaround.
- Feb 24, 2014 11:00 AM IST
Rupee is flat against the dollar as expectation of dollar inflows by corporate offset losses from weak shares and Asian currencies. Importer's month end dollar demand may weigh.
- Feb 22, 2014 01:56 PM IST
As per a CERC order, state power utilities will now compensate Tata Power's Mundra power ultra mega power plant for losses of about Rs 329 crore logged in FY2012-13 in 36 monthly installments while losses notched up between April 2013 and February 2014 will be compensated via a Rs 0.52 per KwH tariff hike over the next 12 months.
- Jan 14, 2014 10:38 AM IST
Some units in the Mundra SEZ were allegedly operating in violation of norms as they had failed to receive individual clearances from the state environment ministry, according to the court‘s observation.
- Nov 25, 2013 02:13 PM IST
The bidders are a mix of companies that are keen on the space - Larsen and Toubro (L&T), Tata Power, Adani, JSW Energy, Jindal Power, Sterlite and NTPC, plus a consortium that includes NHPC, BHEL and southern coal fields.
- Nov 18, 2013 10:23 PM IST
More than 100 projects which were cleared by prime minister‘s project monitoring group last week, will now have to pass the clearance test from 2 other government bodies before getting a final clearance.
- Sep 15, 2013 12:12 PM IST
Seeking to push investment and growth, the Cabinet Committee on Investment headed by the Prime Minister is likely to consider seven stalled mega infrastructure projects, envisaging investment of around Rs 1.6 lakh crore, on September 17.
- Sep 10, 2013 06:48 PM IST
With little fuss, the Hyderabad-based port operations company has built a presence all along India's coastline
- Aug 22, 2013 03:30 PM IST
Tata Power is likely to be the biggest beneficiary because as per estimates, one can expect the company to report Rs 200 crore profit due to the 55-58 paisa hike, instead of Rs 1,000 crore loss without the hike
- Jul 03, 2013 10:46 AM IST
SP Tulsian of sptulsian.com feels Gujarat Gas can move to about Rs 240 in next six months or so
- Apr 03, 2013 12:54 PM IST
It was a flat market with a negative bias for the frontliners. The Nifty was below 5750 weighed down by Bharti Airtel, autos and commodities. The Sensex was down 30.66 points at 19010.29 while the Nifty slipped 8.50 points to 5739.60.
- Mar 09, 2013 03:25 PM IST
Market expert SP Tulsian of sptulsian.com is bullish on Adani Enterprises,Godrej Industries, SpiceJet and Pantaloon Retail. He sees an upside of 9-15 percent in these stocks going ahead.
- Feb 25, 2013 06:56 PM IST
Pramod Deo, chairperson, CERC, says that the hearing process is complete and the orders on petitions moved by Tatas and Adanis seeking higher tariff for electricity generated from their imported coal-fired projects in Gujarat will be announced soon.
- Feb 10, 2013 01:59 PM IST
Emerging as the most-preferred share sale route for listed firms, the OFS (Offer For Sale) mechanism has been used by as many as 22 companies to raise a collective amount of about Rs 39,000 crore since its launch about a year ago.
- Jan 10, 2013 11:31 AM IST
In an interview to CNBC-TV18 Gautam Adani, chairman, Adani Enterprises said he is hopeful of 30% linkage getting restored for its Rs 25,000-crore imported coal-based power plant at Mundra in Gujarat.
- Jan 07, 2013 10:42 AM IST
Depletion of high-quality coal and environmental concerns are a factor in the way states react, but coal is still a fuel of choice in emerging markets, says James O‘Connell.
- Dec 20, 2012 03:47 PM IST
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com discussed the market performance, which saw an uptrend in the intraday movement. Tulsian did not consider Gujarat elections as the main cause for the upmove. He believes the market is following the trend for the entire December series.