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    • State-run Wapcos files draft papers for IPO

      State-run Wapcos files draft papers for IPO

      Wapcos is a central public sector enterprise under the administrative control of the ministry of Jal Shakti

    • National Insurance Co to raise Rs 800cr via subordinated debt

      National Insurance Co to raise Rs 800cr via subordinated debt

      In a bid to achieve the required solvency margin of 1.5, state-run National Insurance Company is set to raise Rs 800 crore through subordinated debt in near future, a top company official said today.

    • BHEL to remain profitable and report better margins in FY17: Pro

      BHEL to remain profitable and report better margins in FY17: Pro

      Management's topline guidance for FY17 of Rs 31,000 crore is achievable going by the earnings, says Rabindra Nath Nayak, Sr. Research Analyst (Power and Capital Goods), Dolat Capital Group Company.

    • Power Grid to invest Rs 562 cr for system strengthening

      Power Grid to invest Rs 562 cr for system strengthening

      "Company's board of directors in their meeting held on September 16...have accorded investment approval for 'System strengthening in Southern Region - XXI" at an estimated cost of Rs 562.25 crore, with commissioning schedule of 30 months progressively from the date of investment approval," it said in a filing to BSE.

    • Pending CSR liabilities behind PAT disappointment: Power Grid

      Pending CSR liabilities behind PAT disappointment: Power Grid

      On the timeline set for commissioning the Kurukshetra project, IS Jha, CMD of Power Grid said, first phase will certainly be commissioned by July-August this year.

    • BHEL commissions 800 mw supercritical thermal unit in K'nataka

      BHEL commissions 800 mw supercritical thermal unit in K'nataka

      The unit has been commissioned at the 2x800 MW Yeramarus Thermal Power Station (TPS) located in Raichur district of Karnataka, Bharat Heavy Electricals Limited (BHEL) said in a statement.

    • CIL misses Q1 output target, says rains played spoilsport

      CIL misses Q1 output target, says rains played spoilsport

      State-run mining giant Coal India today blamed early rains and inclement weather in the eastern region for playing spoilsport in achieving its 98.7 million tonnes (MT) target for the first quarter.

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