Tata Power, Adani Power crisis-Mundra units on offer at Re 1: GUVNL says ready to take 100 pct stake

Tata Power, Adani Power crisis-Mundra units on offer at Re 1: GUVNL says ready to take 100 pct stake

GUVNL has expressed its willingness to take ownership of the troubled plants of Tata Power and Adani Power in the state but only if 100% stakes are transferred to it for a nominal Rs 1, instead of the 51% each offered by the two private companies.

US H1B visa: Here is why it is OK for PM Narendra Modi to push Donald Trump hard on issue
US H1B visa: Here is why it is OK for PM Narendra Modi to push Donald Trump hard on issue

It was never clear why prime minister Modi needed to tell US Inc that India has made 7,000 reforms in the last three years since even his detractors will agree there has been a surge in FDI since he assumed office, from $24.3 bn in FY14 to $43.5 bn in FY17.

Aadhaar Payments Bridge: DBT disbursements jump 132% to Rs 3, 424 cr
Aadhaar Payments Bridge: DBT disbursements jump 132% to Rs 3, 424 cr

Disbursements via the direct benefit transfer (DBT) channel were at Rs 6,587 crore in May 2017, only moderately higher than in the corresponding month a year ago, but there has been a much sharper rise in payments via the Aadhaar Payment Bridge (APB).

EPF wage ceiling: Finance Ministry yet to decide on hike to Rs 25,000 per month
EPF wage ceiling: Finance Ministry yet to decide on hike to Rs 25,000 per month

The finance ministry is yet to take a call on the labour ministry’s proposal to raise the wage ceiling for mandatory EPF cover to Rs 25,000 per month.

Foodpanda India CEO Saurabh Kochhar: Plan to expand Dash to 10 cities soon
Foodpanda India CEO Saurabh Kochhar: Plan to expand Dash to 10 cities soon

We already had an existing fleet to deliver food, so the launch of Dash just allows us to service more orders in the same locality, thus increasing efficiency. So, if earlier in a locality we were able to deliver 3-4 orders, with Dash we can take that number to 6-7 or more.

 Donald Trump hails 'energy revolution' as exports surge
 Donald Trump hails 'energy revolution' as exports surge

Trump cited a series of steps the administration has taken to boost energy production and remove government regulations that he argues prevent the United States from achieving ''energy dominance'' in the global market.

Donald Trump growing frustrated with China, weighs trade steps: officials
Donald Trump growing frustrated with China, weighs trade steps: officials

President Donald Trump is growing increasingly frustrated with China over its inaction on North Korea and bilateral trade issues and is now considering possible trade actions against Beijing, three senior administration officials told Reuters.

AUTOMOBILES

GST effect on auto: Here's what will become expensive and what will get cheaper
GST effect on auto: Here's what will become expensive and what will get cheaper

There have been many predictions on what the upcoming Goods and Services Tax holds for the Indian automotive industry. We explain how much will it affect which segment across the two-wheeler, passenger and commercial vehicle categories

Horoscope: By Peter Vidal

Today ( 28 Jun )This Week ( 25 Jun - 01 Jul )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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