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NTPC marks first acquisition under IBC

Infrastructure

06 September, 2022

NTPC marks first acquisition under IBC

State-run power major NTPC has acquired Jhabua Power Limited (JPL) through the Insolvency and Bankruptcy Code (IBC) process. It is the ......

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CPPIB, Brookfield, others float EoIs for stake in NTPC's green arm

Infrastructure

02 September, 2022

CPPIB, Brookfield, others float EoIs for stake in NTPC's green arm

Canada Pension Plan Investment Board (CPPIB), Brookfield, Arcelor Mittal and 10 others have shown interest in picking up minority stake ......

Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets

General

07 January, 2020

Grapevine: NTPC outbids Adani on Avantha plant; TPG alliance eyes Columbia Asia assets

NTPC outbid Adani Group by two-and-a-half times with a Rs 1,900 crore ($265 million at current exchange rate) offer for ......

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Policy Tracker: How top state-run companies performed during Modi regime

Manufacturing

01 May, 2019

Policy Tracker: How top state-run companies performed during Modi regime

In April last year, Prime Minister Narendra Modi asked public-sector undertakings (PSUs) to come up with a roadmap to build ......

Blackstone, KKR eye Golden Jubilee Hotels; govt mulls stake sale in NHPC to NTPC

General

25 July, 2018

Blackstone, KKR eye Golden Jubilee Hotels; govt mulls stake sale in NHPC to NTPC

Blackstone, KKR, JM Financial Asset Reconstruction Company and Edelweiss Asset Reconstruction Company have bid for bankrupt Hyderabad-based Golden Jubilee Hotels ......

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Vedanta in talks to sell flagship power biz asset in large deal

Infrastructure

22 August, 2017

Vedanta in talks to sell flagship power biz asset in large deal

Billionaire Anil Agarwal-led diversified natural resources firm Vedanta Ltd is seeking buyers for its power plant in Punjab, joining several ......

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Centre's plan to meet record divestment target for FY18 on track

Finance

03 July, 2017

Centre's plan to meet record divestment target for FY18 on track

With two back-to-back disinvestment deals in the past two weeks, the central government seems to have pressed on the gas ......

Stocks jump to near 18-month high on weak US jobs data

General

06 September, 2016

Stocks jump to near 18-month high on weak US jobs data

The benchmark Sensex extended its rally to hit fresh 16 month highs rallying 445.91 points to finish at 28,978.02, while ......

Sensex, Nifty scale 11-month high on global cues

General

11 July, 2016

Sensex, Nifty scale 11-month high on global cues

Indian stock markets on Monday scaled their highest level in the past 11 months, with the benchmark Sensex hitting a ......

NTPC may salvage its bulk tendering contract

Infrastructure

08 April, 2016

NTPC may salvage its bulk tendering contract

A significant chunk of India’s biggest power generation contract awarded by state-run NTPC Ltd which had hit the skids with ......