NTPC
Infrastructure
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 ......
Infrastructure
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 ......
General
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 ......
Manufacturing
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 ......
General
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 ......
Infrastructure
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 ......
Finance
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 ......
General
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 ......
General
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 ......
Infrastructure
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 ......