Ministry moves for Cabinet nod on NTPC-NHPC deal by Dec
Power ministry has initiated moves to take cabinet approval by December for the controversial takeover of NHPC by NTPC amidst mounting opposition from political parties and workers' unions.

RBI clears decks for Indian Oil to acquire equity in Iranian oil field
The RBI has cleared the decks for IOC to acquire equity in an Iranian oil field, about to commence production, which would help the corporation bring in 40 lakh tonne of crude oil annually into the country, IOC officials said on Wednesday.

Kumaramangalam for sale of NTPC units to spur pvt investment
Power minister P R Kumaramangalam on Wednesday favoured selling of some of the units of NTPC close on the heels of the announcement that it would buy the entire government equity of NHPC for Rs 4,500 crore.


  Briefing
  Southern Rlys expects 25% jump in revenues
  DSCL offers equity stake to ETA for Ennore power project