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Growth of job generation decelerated in 2015, says Nirmala Sitharaman - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 10:31pm

Growth of job generation decelerated in 2015, says Nirmala Sitharaman
Economic Times
Over the years, as the Indian market opened up and the services sector grew at a faster pace, it created better job opportunities for Indian managers. There are times when the reverse phenomenon — returning Indian managers — too is evident ...

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Bofors: The battle winning factor of Kargil War - India Today

Indian Power Sector News - Mon, 25/07/2016 - 9:11pm

Bofors: The battle winning factor of Kargil War
India Today
Bofors gun deal with Sweden was one of the most politicized arms deal in Indian history, but Bofors gun proved its power in Kargil War . Major highlights of all the operations in "Operation Vijay" was comprehensive destruction of enemy defences and ...

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Sensex surges 292 points to reclaim 28000-mark; Nifty at 15-month high - The Indian Express

Indian Power Sector News - Mon, 25/07/2016 - 6:24pm

The Indian Express

Sensex surges 292 points to reclaim 28000-mark; Nifty at 15-month high
The Indian Express
Among the BSE sector and industrial indices, bankex gained 1.65 per cent, finance 1.61 per cent, oil&gas 1.52 per cent, consumer durables 1.38 per cent, energy 1.34 per cent, realty 1.15 per cent, teck 0.96 per cent, power 0.96 per cent, IT by 0.96 per ...
Nifty attains highest closing level in more than 15 monthsBusiness Standard

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Hinduja National Power commissions 1040 MW thermal power project in Visakhapatnam - Hindu Business Line

Indian Power Sector News - Mon, 25/07/2016 - 6:13pm

Economic Times

Hinduja National Power commissions 1040 MW thermal power project in Visakhapatnam
Hindu Business Line
The $1.25 billion project has 100 per cent coal allocation from Mahanadi Coalfields Ltd. It has a mix of debt and equity where State Bank of India led consortium of 15 Indian banks have backed it as lenders to the project. Identifying the power sector ...
Hinduja National Power commissions 1040 MW project in VisakhapatnamIndiainfoline

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'Brexit impact still hasn't been priced in' - Business Standard

Indian Power Sector News - Mon, 25/07/2016 - 6:04pm

Business Standard

'Brexit impact still hasn't been priced in'
Business Standard
The largest inbound strategic investment in the Indian Power & Utilities sector over the last 5 years with Tenaga Nasional Behrad from Malaysia buying 30% of the assets of GMR. The largest investment in the Indian telecom infrastructure space with ...

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Nationwide powermen strike on Sept 2 against Electricity ... - Business Standard

Indian Power Sector News - Mon, 25/07/2016 - 5:40pm

Business Standard

Nationwide powermen strike on Sept 2 against Electricity ...
Business Standard
Read more about Nationwide powermen strike on Sept 2 against Electricity (Amendment) Bill on Business Standard. The National Co-ordination Committee of ...

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Sensex zooms 292 points to regain 28000, Nifty hits 15-month high - The New Indian Express

Indian Power Sector News - Mon, 25/07/2016 - 5:13pm

Firstpost

Sensex zooms 292 points to regain 28000, Nifty hits 15-month high
The New Indian Express
From the Sensex pack, Maruti Suzuki India, the country's biggest carmaker, climbed 3.11 per cent to Rs 4,550.60 followed by SBI, rising by 2.86 per cent at Rs 229.85. Other blue-chips that supported the rally included ... Sector-wise, BSE PSU gained ...
Nifty attains highest closing level in more than 15 monthsBusiness Standard

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Is Indian economy a 'one-eyed king' or a 'calm island'? It's both - Firstpost

Indian Power Sector News - Mon, 25/07/2016 - 2:32pm

Firstpost

Is Indian economy a 'one-eyed king' or a 'calm island'? It's both
Firstpost
Separately, a survey among 4,000 respondents in 15 states by Centre for Media Studies showed that 70 percent of the respondents wanted Modi to return to power in 2019 but 50 percent said there has been no change in the condition of the country since ...

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In 25 years, India has never really embraced reform - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 10:53am

Economic Times

In 25 years, India has never really embraced reform
Economic Times
For example, agriculture -- in spite of the sector's abysmal productivity in India -- remains largely untouched by change. Farmers still can't sell their land freely and the government tightly controls marketing of their produce. Factory owners still ...
25 years after liberalisation: India must realise that wealth isn't development unless it is sharedScroll.in
When Singh-Rao duo rescued India from its greatest economic crisisForbes India

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In 25 years, India has never really embraced reform - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 10:53am

Economic Times

In 25 years, India has never really embraced reform
Economic Times
For example, agriculture -- in spite of the sector's abysmal productivity in India -- remains largely untouched by change. Farmers still can't sell their land freely and the government tightly controls marketing of their produce. Factory owners still ...
25 years after liberalisation: India must realise that wealth isn't development unless it is sharedScroll.in
When Singh-Rao duo rescued India from its greatest economic crisisForbes India

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Can real estate create wealth for you? - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 9:10am

Economic Times

Can real estate create wealth for you?
Economic Times
Over time, real estate has become increasingly unattractive as a yield generating investment vehicle, as residential rental yields have dropped to less than 2 per cent in most Indian cities. In fact, rental yields in India .... HFCs are the main ...

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Is it right time to invest in real estate? - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 7:59am

Economic Times

Is it right time to invest in real estate?
Economic Times
However, builders may not increase the prices of units, because the large inventories they hold have cut down their pricing power. .... Together, these cities account for nearly 72% of the total office space demand in India, owing mainly to the IT-ITeS ...

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Opening Bell | Asian markets open higher; Cairn India, Canara Bank in news - Livemint

Indian Power Sector News - Mon, 25/07/2016 - 7:58am

Livemint

Opening Bell | Asian markets open higher; Cairn India, Canara Bank in news
Livemint
Canara Bank Ltd, Greenply Industries Ltd, Info Edge (India) Ltd, Navin Fluorine International Ltd, Indiabulls Housing Finance Ltd, Texmaco Rail & Engineering Ltd and Tata Sponge Iron Ltd are some of the companies that will release their earnings today.

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Government set to start talks on merging 13 state oil companies to create behemoth - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 5:29am

Economic Times

Government set to start talks on merging 13 state oil companies to create behemoth
Economic Times
Other companies include Indian Oil Corporation, the nation's largest refiner and fuel retailer, Bharat Petroleum Corporation, Hindustan Petroleum, GAIL, Mangalore Refinery and Petrochemicals (MRPL), Chennai Petroleum, Numaligarh Refinery and Oil India ...

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Apple leases more than 40000 sq ft office space in Bengaluru - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 5:29am

Economic Times

Apple leases more than 40000 sq ft office space in Bengaluru
Economic Times
Together, these cities account for nearly 72% of the total office space demand in India, owing mainly to the IT-ITeS sector. ..... However, builders may not increase the prices of units, because the large inventories they hold have cut down their ...

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Apple leases more than 40000 sq ft office space in Bengaluru - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 5:29am

Economic Times

Apple leases more than 40000 sq ft office space in Bengaluru
Economic Times
Together, these cities account for nearly 72% of the total office space demand in India, owing mainly to the IT-ITeS sector. ..... However, builders may not increase the prices of units, because the large inventories they hold have cut down their ...

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Government set to start talks on merging 13 state oil companies to create behemoth - Economic Times

Indian Power Sector News - Mon, 25/07/2016 - 5:23am

Economic Times

Government set to start talks on merging 13 state oil companies to create behemoth
Economic Times
Following this, the oil ministry has begun the process of evaluating the prospects of creating the conglomerate, which will have a bigger market value than Russian state oil giant Rosneft and India's Reliance Industries Ltd, sources said. It plans ...

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Finance Ministry red flags lax NPA recovery, higher write-offs - The Indian Express

Indian Power Sector News - Mon, 25/07/2016 - 12:33am

The Indian Express

Finance Ministry red flags lax NPA recovery, higher write-offs
The Indian Express
Public sector banks had written off Rs 1,14,000 crore in the last three years, as reported in The Indian Express on February 8, based on a response by the RBI to an RTI application. Banks were planning to write off more bad loans in 2015016, and this ...

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PSU stocks could be the next hunting ground - Business Standard

Indian Power Sector News - Sun, 24/07/2016 - 11:58pm

Business Standard

PSU stocks could be the next hunting ground
Business Standard
Some of the prominent PSUs in the index are Bharat Petroleum (BPCL), Bharat Electronics, Bharat Heavy Electricals (BHEL), Power Grid, Coal India, Engineers India, Oil and Natural Gas Corporation, GAIL, Indian Oil (IOC) and NTPC. There are no banks.

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India, Mexico target tourism, telecom to boost ties - The Hindu

Indian Power Sector News - Sun, 24/07/2016 - 11:30pm

India, Mexico target tourism, telecom to boost ties
The Hindu
With Mexico considering increasing its installed wind power capacity to 9.5 GW by 2018 from currently around 2.5GW, Indian firms such as Suzlon Energy are looking to make huge investments there in the renewable energy sector, official sources said.

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