[ad_1] A violent clash erupted in Malda district’s Manikchak area on Thursday amid protests over prolonged power outages in the area. Fifteen people have been arrested in connection with the violence, said police. While two persons were injured allegedly in the police firing to disperse a stone-pelting mob, three police officers, including the Manikchak police […]
Delhi BJP protests against ‘hike’ in power tariff, AAP hits back | Delhi News
[ad_1] Demanding its immediate rollback, the Delhi BJP on Friday staged a protest against the AAP Delhi government over increased Power Purchase Adjustment Cost (PPAC) fees on electricity. The AAP responded by accusing the BJP of misleading the people of Delhi by “spreading rumors” that electricity prices had been increased through the PPAC. Demonstrators, including […]
Kejriwal interim bail | Court draws line on ED power to arrest: Must be ‘rigid, restrictive’ | Explained News
[ad_1] IN GRANTING interim bail to Delhi Chief Minister Arvind Kejriwal in the excise policy case, the Supreme Court on Friday raised the bar for arrest by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), 2002. “Arrest, after all, cannot be made arbitrarily and on the whims and fancies of the […]
AMFI: Adani Power, Chola Invest, BOB may get large-cap tag from AMFI
[ad_1] Mumbai: Stock Like Adani PowerHAL in the upcoming Association of Mutual Funds in India’s semi-annual upcoming reclassification, and is likely to be upgraded from mid-cap to large-cap. IDBI Bank, The brokerage said there is a possibility of a downgrade in the mid-cap category from SAIL, LIFE, and large-cap. amphi Announces reclassification of shares twice […]
Changes in AMFI: Adani Power may soon get the tag of largecap; LIC, HAL also in race
[ad_1] Amfi’s upcoming list of stock classifications is due, which will take into account the January-June 2022 data, a period that saw record FPI outflows and high volatility on Dalal Street. ICICI Securities believes that the types of stocks that will upgrade from small to midcap and midcap to largecap category do not indicate a […]
Delhivery Share: BofA launches coverage on Delhivery; Morgan Stanley Bearish on Tata Power
[ad_1] New Delhi: Amidst the volatility in the stock market, global brokerage firms BofA Securities The Newly Listed Tech Firm Is Bullish delhivery and auto major. During this, CLSA Have reiterated your positive attitude at times Morgan Stanley Another group is bearish on the firm. BofA Securities recently launched its coverage on listed logistics services […]
Power Grid: BofA Securities upgrades Power Grid to a buyout
[ad_1] MUMBAI: Bank of America Securities has upgraded to ‘buy’ citing whose defensive features? store and higher Dividend yield. shares of power grid Friday closed 0.3% higher at ₹209.20. Bank of America Securities said, “Given its defensive features led by an assured return-based regulated business model and our cautious outlook on macro volatility, we believe […]
Stock to Buy: Go Green! 3 power stock ideas for your long term portfolio
[ad_1] The theme ‘Grey to Green’ is gaining momentum in India as the renewable energy sector is set to grow four times by 2030. As India aims to meet 50 percent of its energy requirement from renewable energy by 2030 and reduce its carbon emissions by 45. Percentage, domestic brokerage firm Securities finds opportunities for […]
Poor financial condition of discoms poses risk to power traders: Fitch
[ad_1] New Delhi: Rating agency Fitch says the poor financial condition of state electricity boards could pose significant business risks to power traders in the country. In a report released today, Fitch Ratings It said the credit exposure of power traders has become “risky” due to the lack of profitability and liquidity faced by the […]
CIL floats first tender for import of 2.416 MT coal for power sector
[ad_1] state ownership Coal India On Thursday it said it has floated its first tender for importing 2.416 million tonnes of coal to ensure adequate supply of fuel to power plants in the country. The development assumes significance in view of all the efforts made by the government to stockpile coal. To avoid a repeat […]