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Turning the corner? India’s power capacity addition falls to a two-decade low

The capacity addition on a net basis — the difference between the plants commissioned and retired — stood at 6,160 MW at February-end.
india power capacity, india power capacity addition, india solar power capacity, india wind power capacity, india power plant capacity, india hydro power capacity, thermal power plant capacity in india News

Cause of worry: Norms tightened after hundreds of auditors resign

Registrar of companies tightens norms for auditors, asked to specify reasons

Industry News

Blockbuster partnership: Embedded advertising helps Bollywood earn big

In-film placements helping movie production houses recover costs, while also adding to the pre-release buzz

Industry News

Govt crosses budget target for disinvestment, courtesy ETFs

On Friday, it mopped up Rs 10k cr from CPSE ETF and Rs 14.5k cr via PFC-REC deal.

Economy News

FE CFO Awards: Sashi Jagdishan — Never off balance

Jagdishan says the biggest challenge at HDFC Bank is living up to the standards that the lender has set for itself.

Industry News

CFO Jury 2019: The Jury is in, the countdown to FE CFO Awards begins

The jurors assessed how the companies had managed the cost of capital, and whether they had been criticised by rating agencies.

Industry News

NPA crisis: PSU banks’ recoveries less than write-offs in October-December this fiscal

A clutch of banks together recovered Rs 35,058 crore while writing off loans worth Rs 44,998 crore.

Banking & Finance News

Rs 50,000 crore tax shortfall upsets budget maths

As GST revenue collections consistently missed the estimates by a wide margin, the government in the interim budget brought down FY19 estimate for central GST by Rs 1 lakh crore.

tax collection in india, tax collection shortfall, tax revenue shortfall, budget 2019 News

Lok Sabha Elections 2019: Code of conduct puts brake on Ujjwala implementation

Launched in May 2016, the PMUY was initially aimed at providing clean cooking fuel to 5 crore women from households classified as BPL under the Socio Economic Caste Census 2011 over a period of three

ujjwala yojana 2019, ujjwala scheme, model code of conduct 2019, lok sabha elections, News

Jet Airways crisis: Banks ask Naresh Goyal to pledge his 51% stake

After meeting FM, SBI chief says all is not lost and everyone believes that Jet Airways should keep flying.

Jet Airways crisis: Bankers put a condition for interim funding — Know what it is News

FPI inflows touch $4.6 bn

FPIs continue to be buyers in Indian markets in March with inflows of Rs 2.9 billion in equity markets and Rs 1.7 billion towards the bond markets.

FPI inflows touch $4.6 bn News

Rights issue: Vodafone Idea board okays price of Rs 12.50 per share

The board of directors of Vodafone Idea on Wednesday cleared the planned Rs 25,000-crore rights issue at a price of `12.50 per equity share, a steep 61% discount to the prevailing market rate.

Rights issue: Vodafone Idea board okays price of Rs 12.50 per share News

Mindtree defers share buyback plan amid L&T takeover bid

IT services firm Mindtree, which is resisting a Rs 10,700-crore takeover bid from Larsen and Toubro (L&T) on Wednesday adjourned its board meeting convened to consider a share buyback, to a future dat

Mindtree defers share buyback plan amid L&T takeover bid News

NCLAT directs Essar to call CoC meeting to reconsider distribution of funds from Arcelor

NCLAT was hearing a plea moved by Standard Chartered Bank alleging that ArcelorMittal’s plan was “discriminatory”, and therefore, the distribution of funds should be stopped.

NCLAT directs Essar to call CoC meeting to reconsider distribution of funds from Arcelor News

Takeover tussle: L&T’s takeover bid fails to unsettle Mindtree

Engineering major says proposal not a hostile takeover; Mindtree says cultures of the two firms don’t match

Takeover tussle: L&T's take over move fails to unsettle Mindtree News

RIL crosses $125 bn in mcap

Reliance Industries (RIL) has surpassed the $125-billion mark in market capitalisation, becoming the first Indian firm to do so.

RIL crosses $125 bn in mcap News

IL&FS case: RBI, NCLAT spar over who takes call on banks

Last week, the RBI brought to the Supreme Court’s notice that despite a leeway provided by its interim order, none of the petitioners (corporate defaulters) from a variety of industries like power,

IL&FS case: RBI, NCLAT spar over who takes call on banks News

Jet Airways staring at imminent crash as pilots threaten strike from April 1

The schedule was arrived at after a review meeting was held between the DGCA and Jet Airways officials in New Delhi. According to the assessment made by the aviation regulator, the airline has only 41

Industry News

Eye on EV market: Hyundai, Kia add $300 m to Ola money

South Korean automobile major Hyundai Motor on Tuesday said it is investing $300 million in ride-hailing service provider Ola, identifying India as the centrepiece in its strategy to gain leadership i

Eye on EV market: Hyundai, Kia add $300 m to Ola money (Representational image) News

GST rate on homes: Now builders can pick up old or new rates on unfinished projects

The GST Council on Tuesday allowed builders to choose between the old and new GST regimes for projects that will remain unfinished as on March 31, removing the fear among these firms that they might l

GST: Builders can pick old or new rates on unfinished projects News

Goldman Sachs Rating: India upgraded to ‘overweight’

Goldman Sachs has upgraded India back to ‘overweight’ from ‘marketweight’ as the Indian market has been witnessing a ‘catch-up’ rally amid expectation of a potentially stable government at

Goldman Sachs Rating: India upgraded to 'overweight' News

Ericsson dues: Mukesh Ambani bails out Anil, but RCom-Jio deal off the table

The Supreme Court had on February 20 held Ambani in contempt for not paying Ericsson’s dues despite promising to do so. It had threatened to send him as well as two other directors to jail if they f

Ericsson dues: Mukesh Ambani bails out Anil, but RCom-Jio deal off the table (File photo) News

NCLAT gives conditional nod to ArcelorMittal plan for Essar Steel

A two-member bench, headed by justice SJ Mukhopadhaya, said the acceptance of the resolution plan submitted by ArcelorMittal will be subject to its final order in the appeal filed by the Essar Steel p

NCLAT gives conditional approval to ArcelorMittal's resolution plan for Essar Steel News

L&T offers Rs 3,269 crore to buy 20.32% stake in Mindtree

Will acquire 15% from open market, launch open offer to buy further 31%, thus taking its total stake to 66.32%

L&T offers Rs 3,269 crore to buy 20.32% stake in Mindtree News
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