Latest News

India is pumping additional Rs 25000 crore in road, rail and power to boost economy - Businessinsider India

Indian Power Sector News - 1 hour 9 min ago

Businessinsider India

India is pumping additional Rs 25000 crore in road, rail and power to boost economy
Businessinsider India
The Indian government is planning to give an additional push of Rs 25,000 crore to roads, railways and power sectors and boost growth. The ministries are in talks with the finance ministry, which has asked them to come up with the final list of ...

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Siemens gains 2% on order win from Power Grid - Moneycontrol.com

Indian Power Sector News - 5 hours 24 min ago

Moneycontrol.com

Siemens gains 2% on order win from Power Grid
Moneycontrol.com
Harald Griem, Executive Vice President and Head, Energy Management Division, Siemens said, "The company has once again demonstrated its indigenous manufacturing and technology capabilities to meet the growing demands of Indian power sector."
Siemens Ltd. wins order worth Rs. 570 crore from Power Grid Corporation of India LtdEquity Bulls

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Consolidation in Indian banking sector risky: Moody's - Times of India

Indian Power Sector News - 5 hours 42 min ago

Livemint

Consolidation in Indian banking sector risky: Moody's
Times of India
Chennai, June 28 (IANS) The multiple downside risks in the proposed consolidation in the Indian public sector banking (PSB) space far outweighs the potential benefits, said global credit rating agency Moody's Investors Sevice. In a statement issued on ...
More risks than benefits from banking consolidation in India: Moody'sLivemint
Bank Consolidation Risks May Outweigh Benefits: Moody'sNDTV

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Consolidation in Indian banking sector risky: Moody's - Business Standard

Indian Power Sector News - 5 hours 52 min ago

Consolidation in Indian banking sector risky: Moody's
Business Standard
The multiple downside risks in the proposed consolidation in the Indian public sector banking (PSB) space far outweighs the potential benefits, said global credit rating agency Moody's Investors Sevice. In a statement issued on Tuesday, Moody's said ...

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EY: Power sector M&A deal value triples in Jan-May to $1.6 billion - Financial Express

Indian Power Sector News - 8 hours 43 min ago

EY: Power sector M&A deal value triples in Jan-May to $1.6 billion
Financial Express
The Indian power sector saw nearly three-fold jump in the value of merger and acquisition activity for January-May period compared to the same period last year. The deal volume and disclosed deal value in the sector stood at 17 deals and $1.6 billion, ...

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Study sounds pollution death alert - Calcutta Telegraph

Indian Power Sector News - 11 hours 39 min ago

The Indian Express

Study sounds pollution death alert
Calcutta Telegraph
New Delhi, June 27: India's annual toll of premature deaths from air pollution is likely to rise to 1.7 million over the next two decades despite planned initiatives to lower power sector and transport emissions, says a study that highlights the need ...
Premature deaths to rise due to air pollution by 2040The Indian Express
Indian pollution can kill 2500 a day by 2040Gulf Today

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Power sector sees 166 % surge in M&A activity: EY - The Hindu

Indian Power Sector News - Mon, 27/06/2016 - 11:17pm

Economic Times

Power sector sees 166 % surge in M&A activity: EY
The Hindu
The Indian power sector saw a surge in mergers and acquisition activity in the first five months of this calendar year with 17 deals worth $1.6 billion taking place between January and May 2016 representing a 166 per cent increase over the $601 million ...
M&A deal value in the power sector surges one and half timesEconomic Times
Indian power sector M&As worth $1.6 bn in 5 monthsdomain-B
M&A deal value in power sector surges by 166%, touches US$1.6bn; says EYIndiainfoline
Financial Express
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M&A deal value in the power sector surges one and half times - Economic Times

Indian Power Sector News - Mon, 27/06/2016 - 6:30pm

Economic Times

M&A deal value in the power sector surges one and half times
Economic Times
Commenting on the sector outlook, Kuljit Singh, transactions partner & national power & utilities leader at Ernst & Young India, said: "We expect strong transaction trend to continue. Both domestic and foreign players would continue to look at ...
Power sector sees 166 % surge in M&A activity: EYThe Hindu
'Domestic power sector sees $1.6 bn worth deals in 5 months'Financial Express
M&A deal value in power sector surges by 166%, touches US$1.6bn; says EYIndiainfoline

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Siemens wins Rs 570 cr order from Power Grid Corp - Business Standard

Indian Power Sector News - Mon, 27/06/2016 - 5:03pm

NDTV

Siemens wins Rs 570 cr order from Power Grid Corp
Business Standard
"Siemens has once again demonstrated its indigenous manufacturing and technology capabilities to meet the growing demands of Indian power sector," Siemens Energy Management Division Executive Vice President and Head Harald Griem said in the ...
Siemens wins order worth Rs. 570 croreIndiainfoline

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M&A deal value in power sector surges by 166%, touches US$1.6bn; says EY - Indiainfoline

Indian Power Sector News - Mon, 27/06/2016 - 3:04pm

NDTV

M&A deal value in power sector surges by 166%, touches US$1.6bn; says EY
Indiainfoline
The Indian power sector is seeing significant traction with M&A activity during the first five months of the calendar year (January-May 2016). The deal volume and disclosed deal value in the sector stood at 17 deals and US$1.6 billion respectively ...
Domestic Power Sector Sees $1.6 Billion Worth Deals In 5 Months: ReportNDTV

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Monsoon, GST bigger triggers than Brexit for India: HDFC MF - Moneycontrol.com

Indian Power Sector News - Mon, 27/06/2016 - 10:26am

Monsoon, GST bigger triggers than Brexit for India: HDFC MF
Moneycontrol.com
Monsoon, GST bigger triggers than Brexit for India: HDFC MF. Growth gap between India and the rest of the world is expanding and that is why foreign investments will continue to rise, says Prashant Jain of HDFC MF, who believes Indian markets are ...

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Sliding rupee may put metal, power firms in a spot - Economic Times

Indian Power Sector News - Mon, 27/06/2016 - 6:02am

Economic Times

Sliding rupee may put metal, power firms in a spot
Economic Times
ET INTELLIGENCE GROUP: As pointed out by the RBI governor Raghuram Rajan, while Indian companies with foreign exposure are well prepared to face currency volatility through hedging, those belonging to struggling sectors such as metals, power and ...

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ISRO invite a perfect launchpad for bright sparks - The New Indian Express

Indian Power Sector News - Mon, 27/06/2016 - 4:01am

The New Indian Express

ISRO invite a perfect launchpad for bright sparks
The New Indian Express
CHENNAI: It's a big opportunity for the youth who are fascinated about space technology. As part of its capacity building exercise, the Indian Space Research Organisation (ISRO) has decided to give 'room' for the ideas from educational institutions and ...

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India to be made defence export hub: Parrikar - The New Indian Express

Indian Power Sector News - Sun, 26/06/2016 - 10:59pm

The New Indian Express

India to be made defence export hub: Parrikar
The New Indian Express
Rejecting apprehension that local manufacturers would be affected after allowing FDI in the sector, the Defence Minister said when the NDA government came to power, rate of import of defence material by India was 70 per cent. "Now, import of defence ...

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GST will improve tax-to-GDP ratio: Subramanian - Business Standard

Indian Power Sector News - Sun, 26/06/2016 - 5:55pm

Business Standard

GST will improve tax-to-GDP ratio: Subramanian
Business Standard
Subramanian said while the country has left behind the licence-quota permit raj and opening up for foreign direct investment in greater number of sectors, what has come to afflict the economy is the "Exit problem". ... While saying India had very few ...

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Jaitley: India maintaining high growth despite tough global economy - The Indian Express

Indian Power Sector News - Sun, 26/06/2016 - 2:23pm

The Indian Express

Jaitley: India maintaining high growth despite tough global economy
The Indian Express
He said India has undertaken reforms in FDI and initiated large investments in rural infrastructure, national highways, inland waterways, shipping, power sector and smart cities. “India has a huge unmet demand for investment in infrastructure and is ...
China's economic woes a challenge for India: Arun JaitleyHindustan Times
India needs $1.5 trillion for infrastructure: Arun JaitleyEconomic Times
Arun Jaitley meets Chinese counterpart, discusses economic cooperationIndia Today
indiatvnews.com
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Infrastructure development key to halt global economic slowdown: Arun Jaitley - The Indian Express

Indian Power Sector News - Sun, 26/06/2016 - 12:16pm

The Indian Express

Infrastructure development key to halt global economic slowdown: Arun Jaitley
The Indian Express
Infrastructure development is key to halt the global economic slowdown, Finance Minister Arun Jaitley said on Sunday as he made a strong case for global investments in India to fill the huge infrastructure gap which requires over USD 1.5 trillion in ...
Arun Jaitley woos Chinese firms to invest in India's infra sectorEconomic Times
India preparing projects worth $2-3 billion for funding by AIIB: Arun JaitleyDaily News & Analysis
Sky is the limit for India's infrastructural appetite: JaitleyThe New Indian Express

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Better coordination for power - The Hindu

Indian Power Sector News - Sun, 26/06/2016 - 5:32am

Better coordination for power
The Hindu
Five East Indian States of Bihar, West Bengal, Odisha, Jharkhand and Sikkim on Saturday decided to form a committee for more effective coordination among them in the power sector. The meeting decided to form a committee headed by Bihar State Power ...

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