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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.
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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.
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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.
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Gare Palma 2 & 3 has a capacity of 6.25 MTPA in Chattisgarh. The coal block was earlier allocated to Jindal Steel and Power.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Jagannadham Thununguntla of Strategist & Head of Research, SMC Global Securities advises to exit Educomp Solutions.
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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.
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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.
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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.
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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.
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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.
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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.
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Nagaprasad Kandimalla, CEO, business development at Lanco Infra, says that the court has issue an order in favour of Lanco to revise coal supply agreement with Griffin Coal Mining Company. He also says that the litigation is still on with Perdaman.
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Deccan Chronicle Holdings | Ansal API | STI India | Apollo Tyres | Union Bank of India | SBI | Lanco Infratech | R Systems | Hero Motocorp and Maruti are stocks, which are in the news today.
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Contrary to expectations of pullback of sorts, the Indian equity market started off on a good note and then kept on building on it.
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Infrastructure, textile, personal care and financial sectors will be getting astrological support, says Satish Gupta of Astrostocktips.
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Infra stocks like GMR Infra, NCC, IRB Infra, Lanco and textile stocks like Alok Industries, Bombay Dyeing, Arvind will be getting astrological support, says Satish Gupta of Astrostocktips.
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SP Tulsian, sptulsian.com is positive on Pantaloon Retail. Since now the share has risen to about Rs 215-218 probably maybe the limited upside is seen from hereon of about 8-10 percent.
