Lanco

With NPA resolution push getting a boost, want to know which banks to back?

There are many Indian companies that have very high level of indebtedness. However, if the resolution doesn’t impact the banking system as a whole, these companies are unlikely to deserve significant attention.

Rs 1,600 cr gas auction for 24GW plants to begin tomorrow

This is the third reverse e-auction for subsidy support for buying 10 million standard cubic meters per day of gas will be held on March 15 and 16.

Lanco's thermal plant gets extension of validity for EC

After detailed deliberations, the Environment Ministry panel (Expert Appraisal Committee) "recommended extension of validity of EC (Environment clearance) for two years and ...amendments in EC subject to the additional conditions," a source said.

Fierce bidding likely for Gare Palma 2 & 3 coal block

Gare Palma 2 & 3 has a capacity of 6.25 MTPA in Chattisgarh. The coal block was earlier allocated to Jindal Steel and Power.

Did You Know: HMT has m-cap higher than Lanco, GVK?

Did you know about a government company whose market capitalization is higher than companies like Lanco, GVK, Punj Lloyd, NIIT, IVRCL, Escorts but has accumulated losses of nearly Rs 4,500 crore.

PMG cleared projects to take 3-4 mnths for final clearance

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.

Nifty hovers around 6100; Tata Motors weak, Britannia up 7%

Indian rupee slipped further in early trade on Tuesday. It opened lower by 18 paise at 63.42 per dollar as against previous closing of 63.24 per dollar.

Show-cause notices soon to allottee of 7 mines

The Inter-Ministerial Group (IMG) on coal blocks had earlier recommended issuing show-cause notices to the mines which was accepted by the Coal Ministry.

Issue notices to coal mines allocatees under scanner: IMG

The inter-ministerial group on coal blocks has recommended issuing show cause notices to allocatee of mines including the one jointly given to ArcelorMittal, Sterlite Energy, Lanco and Reliance Energy, which are named in FIR registered by CBI.

Expect Rs 3,000 cr loan recast in this Q2: Andhra Bank

BA Prabhakar, CMD of Andhra Bank told CNBC-TV18 that he is expecting Q2 slippages to be less than Q1 as he sees recoveries in some of the big accounts.

Lanco unit Griffin gets nod for Australian coal facility

Clearing the project with 12 conditions, the environment watchdog said Griffin Coal's proposal to develop a coal storage and loading facility at Berth 14 A at Burnbury Port, (175 kms from Perth) would be open for public comments till July 31 and the Environment Minister would take the final decision, according to a report by the EPA.

Power - Initiation of reforms gathers pace: ICICIdirect.com

Power: NTPC's generation fell 4.2 percent YoY due to 1.1 percent YoY decline in coal-based generation and 34.1 percent YoY decline in gas-based generation. Tata Power reported 114.5 percent YoY growth in generation, following the commissioning of the entire 4000 MW Mundra plant, says ICICIdirect.com.

Exit Educomp Solutions, says Jagannadham Thununguntla

Jagannadham Thununguntla of Strategist & Head of Research, SMC Global Securities advises to exit Educomp Solutions.

Lanco Infra expects power biz EBITDA margin at 45% in FY14

Lanco Infra on Thursday reported a net loss Rs.72.82 crore. It had made a net profit of Rs.72.75 crore in the same period last year.

Oil Min to move EGoM on changing priority of gas supply

With power plants, involving investments of Rs 100,000 crore, facing closure due to natural gas shortage, Oil Minister M Veerappa Moily today said he will move a note for the consideration of high powered ministerial group to change priority of allocation of the fuel as well as pooling price of imported and domestic gas.

Market likely to see relief rally anytime, says Sukhani

Technical analyst, Sudarshan Sukhani, s2analytics.com said that the index is in a downtrend and the trend does not change. News events will come and go. I do not think that the downtrend is going to be modified. We are looking at lower levels and 5,800-5,780 is the first support.

Griffin Coal to Sign MoU with Qube for Coal Transportation

Griffin Coal, the Australian subsidiary of Indian infra giant Lanco is in advanced stage of negotiations with Australia-based Qube Logistics to sign an MOU for transportation of coal from mine to port, a senior official of Lanco Infratech said.

Bull's Eye: Buy RComm, Lanco, Anjant Raj, Sun TV

Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Griffin Coal to get AUD 50m from Bluewaters Power

Griffin Coal, the Australian subsidiary of Indian infra giant Lanco, is set to get AUD 50 million as an upfront payment from Bluewaters Power in the third week of January next year towards long-term coal supply agreement, a senior official of Lanco Group has said.