ED sent to Chhattisgarh to destabilise government, raids politically motivated: CM Baghel

Chhattisgarh Chief Minister Bhupesh Baghel on Sunday dubbed the ED’s raids in the state as “politically motivated” and alleged that since the BJP could not even make any attempt to topple his government, efforts were now on to destabilise it through the misuse of the central agency. He also said that despite carrying out raids […]

Adani’s Dhamra LNG terminal in Odisha receives 1st cargo, to start gas revolution in East

Adani Group and French company TotalEnergies’ newly built Rs 6,000 crore LNG import facility at Dhamra on the Odisha coast has received its first ever shipment of liquefied natural gas – a fuel that will be used to make steel, produce fertilizers and turned into CNG and cooking gas, helping change the landscape of Eastern […]

Sebi probing some Adani offshore deals for possible rule violations

India’s market regulator is investigating possible violation of ‘related party’ transaction rules in the Adani Group’s dealings with at least three offshore entities that have links to the brother of the conglomerate’s founder, two people said. The three entities allegedly entered into several investment transactions with unlisted units of the ports-to-power conglomerate founded by billionaire […]

Damodar Valley Corporation registers ‘highest’ power generation at 43.32 bn units in FY’23

Damodar Valley Corporation (DVC) achieved the “highest” power generation in its 75 years of existence, with a 6.5-per cent on-year rise in 2022-23 to 43.32 billion units, which mostly came from thermal sources, company officials said. It also registered a robust 29 per cent growth in power sales to Rs 24,432 crore in 2022-23 over […]