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  • Greece delays IMF payment, PM to brief angry parliament Jun 05, 2015 08:11 AM IST

    Greece delays IMF payment, PM to brief angry parliament

    Tsipras, elected in January on a promise to end austerity, returned from late night talks with EU officials in Brussels to face an outcry over conditions that would breach the "red lines" his Syriza party has declared.

  • Infra sector output shrinks 0.4% in April Jun 01, 2015 07:19 PM IST

    Infra sector output shrinks 0.4% in April

    Coal and steel were only two sectors that saw some growth, while crude oil and natural gas also recorded lower output in April.

  • China to invest nearly $900 billion in Silk Road projects May 29, 2015 08:29 AM IST

    China to invest nearly $900 billion in Silk Road projects

    China will invest nearly USD 900 billion in economic corridors along the mega Silk Road and Maritime Silk Road initiatives with funds including from the newly-floated AIIB bank.

  • PTC India Q4 net profit down 18% at Rs 56 crore May 28, 2015 09:42 PM IST

    PTC India Q4 net profit down 18% at Rs 56 crore

    "The group has posted a (consolidated) net profit after taxes, Minority interest and Share of Profit/(Loss) of Associates of Rs 2562.60 million for 2014-15 as compared to Rs 3608.40 million for 2013-14," the company said in statement.

  • Economy to grow 7.6-7.8%; less monsoon risk exists: ICRA May 27, 2015 10:24 AM IST

    Economy to grow 7.6-7.8%; less monsoon risk exists: ICRA

    Two years post the currency crisis of 2013 and one year into the tenure of Prime Minister Narendra Modi's government, moderation in inflation, external account vulnerability and the central government's fiscal deficit have bolstered the Indian economy's ability to withstand bouts of global volatility and fluctuation in investor sentiment, it said.

  • India continues to lead in global confidence index: Nielsen May 21, 2015 03:22 PM IST

    India continues to lead in global confidence index: Nielsen

    The Nielsen Global Consumer Confidence Index said that over four in five (83 percent) urban Indian respondents indicated the highest level of optimism globally on job prospects in the next 12 months compared with 74 percent in first quarter in 2014.

  • Torrent Power's net doubles to Rs 369.43 crore in March qtr May 13, 2015 10:33 AM IST

    Torrent Power's net doubles to Rs 369.43 crore in March qtr

    Its total income from operations rose to Rs 2,571.23 crore from Rs 2,180.99 crore in the corresponding period of last financial year (2013-14).

  • Fin impact worth Rs 2,189 cr for surrendering surplus power May 05, 2015 09:16 PM IST

    Fin impact worth Rs 2,189 cr for surrendering surplus power

    State-owned power utility Punjab State Power Corporation Limited (PSPCL) has projected 15,383 million units of surplus power from central generating stations and independent power producers (IPP) in the state for 2015-16, which is to be surrendered.

  • Production of 8 core sectors drops to 17-month low Apr 30, 2015 07:56 PM IST

    Production of 8 core sectors drops to 17-month low

    For the full 2014-15 fiscal, the production growth of eight sectors also slowed down to 3.5 percent, from 4.2 percent in previous financial year ended in March, 2014.

  • Govt policy soon on power plants swapping coal supplies Apr 22, 2015 10:27 PM IST

    Govt policy soon on power plants swapping coal supplies

    Aiming to clear bottlenecks in the domestic coal supply, Power and Coal Minister Piyush Goyal today said the government is working on a policy that will allow electricity generating firms to swap fuel linkages.

  • Maha govt targets 14400 MW power generation by 2019 Apr 21, 2015 11:34 AM IST

    Maha govt targets 14400 MW power generation by 2019

    "The government wants to produce 14,400 MW electricity by 2019 by way of non-conventional methods. For this, we will be inviting private companies and these companies will invest a total of about Rs 70,000-80,000 crore for the purpose," an official from the state Energy department said.

  • India to get Canadian uranium from 2nd half of 2015 Apr 17, 2015 02:32 PM IST

    India to get Canadian uranium from 2nd half of 2015

    The company is excited over the pact, which it says marks the "start of a new relationship" between the two countries. Cameco's President and CEO Tim S Gitzel told Agency here that the company will start delivery of uranium by the second half of this year as per a schedule.

  • Factory output likely slowed in Feb, Mar inflation subdued Apr 09, 2015 02:48 PM IST

    Factory output likely slowed in Feb, Mar inflation subdued

    Weaker growth and inflation below the RBI's goal of 6 percent by January 2016 would give the central bank room to ease policy further this year to spur activity.

  • Oil Min allows ONGC to sell gas from small fields via bids Apr 06, 2015 04:25 PM IST

    Oil Min allows ONGC to sell gas from small fields via bids

    While the BJP-led government had approved an international gas hub-based formula for all of the domestically produced natural gas in November last year, small and isolated fields were exempt.

  • India's IT plans suffer from power, congestion and monkeys Apr 02, 2015 03:41 PM IST

    India's IT plans suffer from power, congestion and monkeys

    The clash between the old world and the new is sharply in focus in the crowded 3,000-year-old holy city of Varanasi, where many devout Hindus come to die in the belief that doing so will give them salvation.

  • SJVNL targets 8,520 MUs of power generation in FY'15-16 Apr 01, 2015 07:34 PM IST

    SJVNL targets 8,520 MUs of power generation in FY'15-16

    The company has signed a Memorandum of Understanding (MoU) with the Ministry of Power regarding the targets for the fiscal 2015-16.

  • Here is how to pursue smart use of electricity Mar 31, 2015 09:00 PM IST

    Here is how to pursue smart use of electricity

    If you have electricity life is sorted. Without light our, life is full of hardship. It is Toshiba‘s commitment that they will bring light to the lives of the Indian people.

  • Core sector growth slows to 1.4% in Feb Mar 31, 2015 08:33 PM IST

    Core sector growth slows to 1.4% in Feb

    The output of eight core sector industries coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity expanded by 6.1 percent in February, 2014.

  • Gas price cut 8% to $4.66 per unit Mar 31, 2015 06:07 PM IST

    Gas price cut 8% to $4.66 per unit

    Oil Ministry's pricing cell, PPAC said domestically produced natural gas will cost USD 4.66 per million British thermal unit from April 1 to September 30 on gross clarofic value basis (GCV) as opposed to USD 5.05 per mmBtu currently.

  • China plans to build huge space solar power station Mar 30, 2015 12:59 PM IST

    China plans to build huge space solar power station

    The electricity generated would be converted to microwaves or lasers and transmitted to a collector on Earth, state-run Xinhua news agency reported.

  • Panasonic India aims 5% market share in solar segment Mar 20, 2015 05:00 PM IST

    Panasonic India aims 5% market share in solar segment

    Consumer electronics major Panasonic India will focus on expanding its solar products range and is looking at capturing 5 percent market share in this segment in a year.

  • Budget 2015: Coal auctions to ensure cheaper power: FM Arun Jaitley Feb 17, 2015 07:11 PM IST

    Budget 2015: Coal auctions to ensure cheaper power: FM Arun Jaitley

    The Minister, who will present budget in the Lok Sabha on February 28, said that the India is better placed to provide investment opportunity to the global and domestic investors.

  • PM for innovation in renewable energy for affordable power Feb 15, 2015 12:53 PM IST

    PM for innovation in renewable energy for affordable power

    Inaugurating the first Renewable Energy Global Investors Meet (RE-Invest), Modi called for collaboration between the 50 nations with abundant solar power to develop technological solutions.

  • Greenlight Planet: A source of light for millions Feb 14, 2015 03:51 PM IST

    Greenlight Planet: A source of light for millions

    Greenlight Planet, a solar energy company that builds and distributes solar lamps under the name Sunking using new technology to solve electricity problems.

  • Power Grid jumps 4% as Q3 net profit grows 18% Feb 12, 2015 10:02 AM IST

    Power Grid jumps 4% as Q3 net profit grows 18%

    Revenues from telecom segment stood at Rs 77.66 crore as compared to Rs 67.68 crore in the corresponding period, previous fiscal. However, the company witnessed a drop in revenue from its consultancy business at Rs 110.47 crore from Rs 147.70 crore, the stock exchange filing said.

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