(LiveMint) Tata Power Ltd has expressed interest in buying two hydroelectric power projects in Sikkim owned by Asian infrastructure investor Equis Energy, two people aware of the development said. Equis owns and operates 220 megawatts (MW) of hydro assets in Sikkim through a platform called Hydreq. Mint reported on 1 May that Equis had kick-started a process to sell off these projects. “EY’s investment banking team is running the sale process for Hydreq. Several major domestic power companies with interest in renewables have been approached for the sale. Tata Power is one of the couple of entities that is taking a serious look at…
Author: Aruna Sharma
(DJ) पाकिस्तान तहरीक-ए-इंसाफ पार्टी (पीटीआई) के सुप्रीमो इमरान खान ने आम चुनाव में जीत हासिल करने के बाद अपने पहले भाषण में भारत के साथ कारोबार करने पर जोर दिया था। इमरान खान के इस आह्वान का भारतीय उद्योग जगत ने स्वागत किया है। उद्योग चैंबर एसोचैम ने यहां तक तक कहा है कि पाकिस्तान के जिस आर्थिक संकट में फंसने की बात की है उससे उबारने के लिए उन्हें चीन और ईरान के साथ नहीं बल्कि भारत के साथ कारोबारी रिश्तों को मजबूत बनाने पर ध्यान देना चाहिए। एसोचैम ने कहा है कि सिर्फ भारत ही पाकिस्तान को मौजूदा आर्थिक…
(BS) With Life Insurance Corporation and ICICI Bank insisting on exiting Indian Highways Management Company Ltd (IHMCL), the National Highways Authority of India (NHAI) is likely to wind up the company, constituted five years ago to carry out electronic tolling and other ancillary works for it. These institutions, along with State Bank of India, hold 24.81 per cent stake in the company but do not see enough return from it. IHMCL implemented the FASTag electronic tolling of national highways, but due to technical glitches, the ministry of road transport and highways is mulling the option of offering this job to a Korean company.
(AU) एक समय था, जब निवेशक यूपी की कार्य संस्कृति से परेशान होकर प्रदेश को छोड़कर जाने के तैयार थे। पर, आज वे न सिर्फ अपने पुराने प्रोजेक्ट को विस्तार दे रहे हैं बल्कि नए प्रोजेक्ट भी लगा रहे हैं। ये बातें रविवार को मुख्यमंत्री योगी आदित्यनाथ ने कही। वह इंदिरा गांधी प्रतिष्ठान में फरवरी में हुए 4.68 लाख करोड़ के एमओयू में से 60 हजार करोड़ रुपये के प्रोजेक्ट के शिलान्यास समारोह को संबोधित कर रहे थे। उन्होंने कहा कि वह यूपी को निवेश का सबसे बड़ा इंजन बनाकर देश के विकास में लगाएंगे। मुख्यमंत्री योगी ने निवेश समारोह पर…
(LiveMint) With the US Securities and Exchange Commission (SEC) intensifying its probe into ICICI Bank Ltd, India’s second largest private lender is reviewing all loans disbursed over the past five years to overhaul processes, plug loopholes and prepare reports to address regulatory inquiries, if any. The bank’s compliance division, risk management department and the arm that manages non-performing assets (NPAs) asked its main loans divisions last week to provide valuations of the securities (on loans that turned bad) over the past five years, three people directly aware of the latest review and the bank’s plans said, requesting anonymity. Under the newly appointed…
(AU) प्रधानमंत्री नरेंद्र मोदी चार साल बनाम सत्तर साल से लोकसभा की चुनावी चौसर सजा गए। प्रदेश में 60 हजार करोड़ रुपये की निवेश परियोजनाओं का शिलान्यास करते हुए उन्होंने सियासी लड़ाई को काम बनाम बात करने वालों के बीच समेटने की भी कोशिश की।उन्होंने समारोह को सरकार की नीयत पर सवाल उठाने वालों को जवाब देने का जरिया भी बनाया। लगातार दूसरे दिन लखनऊ में केंद्र सरकार के कामों को अटल बिहारी वाजपेयी के सपनों और संकल्पों से जोड़कर यह भी साफ कर दिया कि मिशन 2019 में अटल का नाम भी उनका सहारा होगा। एक दिन पहले सरोकारों…
(LiveMint) In a big boost to EVs in India, Essel Infraprojects (EIL), Essel Group has launched its electric vehicles charging stations and battery swapping technology initiative under Essel Green Mobility Limited in Lucknow, Uttar Pradesh. This new EV project will see an investment of Rs 1750 crore in a phased manner with a plan to launch 250 charging station and 1000 battery swapping stations in 20 UP cities. The foundation stone laying ceremony was laid by Prime Minister Narendra Modi. EIL’s electric vehicle launch was among different industrial projects announced in the state capital. It is expected that EIL project will…
(ET) The NITI Aayog has proposed a common nodal energy ministry on the lines of the model followed in various other countries to streamline governance among different ministries and departments pertaining to the crucial sector and speed up decision-making. The Aayog, the government’s premier think tank, has included the proposal in its second draft of the National Energy Policy following suggestions from its vice chairman Rajiv Kumar. If implemented, the proposal would help sort out governance issues among the ministries of petroleum and natural gas, power, coal, new and renewable energy, and the Department of Atomic Energy. The first draft of the National Energy Policy, under the then…
(TOI) All critical personal data on people in India should be processed within the country, a government panel. The recommendation comes at a time when data breaches are becoming common globally and there is heightened scrutiny by governments on how companies handle user data. The panel, headed by former Supreme Court judge B N Srikrishna, also presented a draft bill that will go before parliament designed to enhance data protection.
(NDTV) Defence Minister Nirmala Sitharaman today formally handed over two types of indigenously built high-power multi-fuel engines to the Army. The engines manufactured by the Engine Factory, Avadi – a unit of Ordnance Factory Board, Department of Defence Production – were fully indigenised for the first time under the central government’s Make in India programme. At a function held at the factory, Ms Sitharaman formally handed over the documents of the two types of engines to Vice Chief of Army Staff Devaraj Anbu. The first engine of 1000 HP engine – V92S2 engine – powers T-90 Bhisma Tank, the second engine – V-46-6…