Indian Power Sector News

'Walmart paid Rs 7439 cr tax on Flipkart deal; did not deduct taxes from 34 shareholders' - Economic Times

Sun, 16/09/2018 - 12:41pm

Economic Times

'Walmart paid Rs 7439 cr tax on Flipkart deal; did not deduct taxes from 34 shareholders'
Economic Times
US retail giant Walmart paid Rs 7,439 crore tax on payments it made to buy out shares of 10 major shareholders of Flipkart but has not yet done so for another 34 who exited the Indian e-commerce company in the USD 16 billion deal, tax officials said ...

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Parties bet big on social media, data analytics for 2019 poll campaign - Economic Times

Sun, 16/09/2018 - 12:33pm

Economic Times

Parties bet big on social media, data analytics for 2019 poll campaign
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

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Government to appeal against arbitration panel rejecting its $1.5 billion claim against Reliance - Economic Times

Sun, 16/09/2018 - 11:59am

Economic Times

Government to appeal against arbitration panel rejecting its $1.5 billion claim against Reliance
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

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Categories: Latest News

FPIs turn net sellers in September, pull out USD 1.3 billion so far - Economic Times

Sun, 16/09/2018 - 11:57am

Economic Times

FPIs turn net sellers in September, pull out USD 1.3 billion so far
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

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Categories: Latest News

Bank of India looks to raise Rs 1000 crore from sale of non-core assets, real estate - Economic Times

Sun, 16/09/2018 - 11:49am

Economic Times

Bank of India looks to raise Rs 1000 crore from sale of non-core assets, real estate
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

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Categories: Latest News

Tata Motors closes gap with Mahindra in race for 3rd biggest PV maker in India - Economic Times

Sun, 16/09/2018 - 11:29am

Economic Times

Tata Motors closes gap with Mahindra in race for 3rd biggest PV maker in India
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

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Categories: Latest News

Coal India wants a coal export policy - Economic Times

Sun, 16/09/2018 - 11:12am

Economic Times

Coal India wants a coal export policy
Economic Times
"For highly stressed assets in power sector for whom I appeared, even the GOI supported a stay of the circular. This blanket approach of RBI is very regrettable. It required the robust approach of the SC to grant status quo. Even the HC order impugned ...

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Coal India wants a coal export policy - Economic Times

Sun, 16/09/2018 - 11:10am

Economic Times

Coal India wants a coal export policy
Economic Times
Himanshu Kapania and Sunil Sood, who headed Idea Cellular and Vodafone India, respectively, too had their messages telecast. While the newly-formed, 13-member leadership team spoke about the roadmap ahead in snippets of about a minute each, they ...

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1More Quad Driver Headphones review: Premium audio, good build quality - Economic Times

Sun, 16/09/2018 - 10:50am

Economic Times

1More Quad Driver Headphones review: Premium audio, good build quality
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

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Categories: Latest News

Why multicap funds will serve you better in the remaining part of 2018 - Economic Times

Sun, 16/09/2018 - 10:45am

Economic Times

Why multicap funds will serve you better in the remaining part of 2018
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

Categories: Latest News

Dalal Street week ahead: Govt firefight on rupee, CAD & global cues to drive market - Economic Times

Sun, 16/09/2018 - 10:22am

Economic Times

Dalal Street week ahead: Govt firefight on rupee, CAD & global cues to drive market
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

Categories: Latest News

Solar power: The roadblocks in India's efforts to be world's greatest ... - Economic Times

Sun, 16/09/2018 - 10:15am

Economic Times

Solar power: The roadblocks in India's efforts to be world's greatest ...
Economic Times
India is determined to be the worlds greatest solar energy success story. However, all is not going as per the plan.

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1.5 lakh wellness centres to be set up under Ayushman Bharat: MoS for Health Ashwini Kumar Choubey - Economic Times

Sun, 16/09/2018 - 7:23am

Economic Times

1.5 lakh wellness centres to be set up under Ayushman Bharat: MoS for Health Ashwini Kumar Choubey
Economic Times
A payment mechanism for private power companies will release Rs 15,000 crore dues owed to private power companies. The state-owned power generators have payment security mechanism with the Reserve Bank of India on its board. Private sector ...

and more »
Categories: Latest News

How India's power story derailed, blowing a Rs 1.74 lakh crore NPA hole - Economic Times

Sun, 16/09/2018 - 6:11am

Economic Times

How India's power story derailed, blowing a Rs 1.74 lakh crore NPA hole
Economic Times
During 2017-18, for the first time, India added more capacity in renewables (11,788 MW) than in the thermal and hydro sectors combined (5,400 MW). Thermal power contributes around 65% to India's energy basket. All of this meant the companies that set ...

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How India's power story derailed, blowing a Rs 1.74 lakh crore NPA hole - Economic Times

Sat, 15/09/2018 - 11:37pm

Economic Times

How India's power story derailed, blowing a Rs 1.74 lakh crore NPA hole
Economic Times
During 2017-18, for the first time, India added more capacity in renewables (11,788 MW) than in the thermal and hydro sectors combined (5,400 MW). Thermal power contributes around 65% to India's energy basket. All of this meant the companies that set ...

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Categories: Latest News

Data localisation could boost India's renewable energy - Times of India

Sat, 15/09/2018 - 12:23pm

Times of India

Data localisation could boost India's renewable energy
Times of India
A similar directive could be enforced on the e-commerce sector. ... All that means, more data centres in India could mean new, power-hungry customers for India's renewable energy market, which is already seeing better investment growth than China ...

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RBI opts out of panel on stressed power assets - Economic Times

Sat, 15/09/2018 - 6:36am

Economic Times

RBI opts out of panel on stressed power assets
Economic Times
Officials, however, said the government and the RBI can still discuss the issue. “The ministry of finance can communicate with the Reserve Bank of India, as and when required, on changes required in provisioning norms and IBC,” a government official said.

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Reliance Infra eyeing order book worth Rs. 50000 crore - The Hindu

Sat, 15/09/2018 - 6:03am

The Hindu

Reliance Infra eyeing order book worth Rs. 50000 crore
The Hindu
Reliance Infrastructure sold its Mumbai city power distribution business to Adani Transmission Limited (ATL) for Rs. 18,800 crore, making it the largest deal in the Indian power sector till date. Lalit Jalan , CEO, Reliance Infrastructure, spoke about ...

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Centre to pursue states for assured demand, payment - The Indian Express

Sat, 15/09/2018 - 12:52am

The Indian Express

Centre to pursue states for assured demand, payment
The Indian Express
However, the power generation sector in the country has private companies as well as public companies. The official added that the Reserve Bank of India (RBI) was not present in the second HLEC meeting, which took place on Friday. The RBI was not ...

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Reliance Infra eyeing order book worth ₹50000 crore - The Hindu

Fri, 14/09/2018 - 11:40pm

The Hindu

Reliance Infra eyeing order book worth ₹50000 crore
The Hindu
Reliance Infrastructure sold its Mumbai city power distribution business to Adani Transmission Limited (ATL) for ₹18,800 crore, making it the largest deal in the Indian power sector till date. Lalit Jalan, CEO, Reliance Infrastructure, spoke about the ...

Categories: Latest News