NEW DELHI: State-run Bharat Heavy ElectricalsNSE -0.68 % (BHEL) reported a 25.30 per cent year-on-year (YoY) and 3.66 per cent quarter-on-quarter (QoQ) jump in standalone profit at Rs 191.95 for the quarter ended December 31
Category: The Economic Times
Economictimes
Suzlon Energy falls 43% on fears of loan default
Mumbai: Suzlon EnergyNSE 1.39 % tumbled as much as 43 per cent on the BSE on Tuesday on speculation the company has defaulted on its loans. The stock cut a portion of its losses, ending 23.6 per cent lower, after the renewable energy manufacturer, which has one of the highest retail shareholder base
Suzlon jumps 6% on management clarification
NEW DELHI: Shares of Suzlon EnergyNSE 1.39 % jumped nearly 6 per cent on Wednesday morning after the firm clarified yesterday that it has been regular in servicing its debt obligations including servicing obligations towards banks and
Namma Airport turns to Scientist CNR Rao’s Research Centre for Solution to Fog Problem
BENGALURU: Waiting for hours due to a fog-related flight disruption has become the norm at the Kempegowda International Airport. Over the last few weeks, at least 444 flights were delayed, causing inconvenience to thousands of early
Government mulls shutting Air India arm hotel corporation
As part of its plan to restructure Air India, the government is discussing a plan to wind up Hotel Corporation of India (HCI), a loss-making subsidiary of the national carrier that has hotels in New
India becomes world’s 2nd largest LPG consumer after government’s Ujjawla push
NEW DELHI: The government’s push to provide clean cooking fuel to every household has turned India into the world’s second largest LPG consumer whose demand is projected to rise 34 per cent by 2025, Oil Secretary M M Kutty said Tuesday. Speaking at the Asia
Over 4 lakh applications received for 78,500 petrol dealerships
More than four lakh applications have come in for 78,500 dealerships that staterun oil companies are seeking to appoint across the country, a sign that Indian entrepreneurs still love the the idea of running filling stations, a business that offers sustained cash flow at little risk.
NTPC to curtail power supply to Telangana, Karnataka, Andhra from midnight for payment default
State-run power giant NTPC will regulate power supply to Telangana, Karnataka, Andhra Pradesh from Tuesday midnight for not clearing dues of more than Rs 4,100 crore.
SoftBankled energy leads enthusiastic bidding in wind power auction
SoftBankled SB Energy has made its first pitch for a wind tender in India, bidding for half the 1,200 MW offered in a central government auction that has attracted many bids despite the industry’s worries about land availability and transmission
Indians to be hit as EU suspends Turkmenistan Airlines from UK
LONDON: The UK government on Monday announced that the European Union (EU) has suspended Turkmenistan Airlines flights over safety concerns, affecting budget flights that operate
Govt submits resolution plan for IL&FS, suggests name of Justice D K Jain to supervise process
NEW DELHI: The government Monday submitted the debt resolution plan for crisis-hit IL&FS to the NCLAT and also suggested the name of retired Supreme Court judge Justice D K Jain to supervise
Outlook: Oil may see profit taking, hit Rs 3,900
NEW DELHI: Global crude oilNSE 0.12 % prices were steady on Monday because of tight supply after Opec cut oil production and the US sanction against Venezuela played out.