Indian Power Sector News

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Govt retains UPA's decision to allow 51% FDI in multi-brand retail - Firstpost

Tue, 12/05/2015 - 11:21pm

The New Indian Express

Govt retains UPA's decision to allow 51% FDI in multi-brand retail
Firstpost
The multi-brand retail was opened up for foreign direct investment, with a 51 percent cap, in September 2012, when the Congress-led UPA government was in power. The BJP-led NDA government, which came to power in May last year, ... For insurance sector ...
Govt retains 51% FDI in multi-brand retailZee News
NDA, UPA on Same FDI PageThe New Indian Express

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Government retains 51% FDI in multi-brand retail - Economic Times

Tue, 12/05/2015 - 10:27pm

Firstpost

Government retains 51% FDI in multi-brand retail
Economic Times
NEW DELHI: Government has retained the previous UPA regime's decision allowing foreign retailers to open multi-brand stores with 51 per cent ownership, in its consolidated FDI policy released today, notwithstanding the political slugfest over the issue.
Govt retains UPA's decision to allow 51% FDI in multi-brand retailFirstpost

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Industrial output growth slows to 5-month low at 2.1 pct - Financial Express

Tue, 12/05/2015 - 9:10pm

Financial Express

Industrial output growth slows to 5-month low at 2.1 pct
Financial Express
Indian Factory Growth, India's Industrial Production, Infrastructure Output Growth, Retail Inflation, Inflation Industrial output growth: ... During 2014-15, power generation grew at 8.4 per cent compared to a growth of 6.1 per cent in previous fiscal ...

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Govt's 'tax terrorism' responsible for stock market slump:Cong - Business Standard

Tue, 12/05/2015 - 8:59pm

Govt's 'tax terrorism' responsible for stock market slump:Cong
Business Standard
Instead of focusing on damage control, the Finance Minister should exercise "proactive control" over his department and officials and to ensure that India's financial sector is not hurt by his government's tax-related "misadventures and mismanagement", ...

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Kiran Mazumdar-Shaw Ranked Second in 'Medicine Maker Power List' - NDTV

Tue, 12/05/2015 - 6:43pm

NDTV

Kiran Mazumdar-Shaw Ranked Second in 'Medicine Maker Power List'
NDTV
It also features several other big names form the medicine sector including CEOs, executives, professors, scientists etc. The Biocon chief, who is the only Indian to appear in this list, is just ahead of Sir Anthony Witty, CEO of GlaxoSmithKline. While ...

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Alstom T&D India to supply Power Grid's first 'Make in India' Gas-Insulated ... - Myiris.com

Tue, 12/05/2015 - 5:51pm

Alstom T&D India to supply Power Grid's first 'Make in India' Gas-Insulated ...
Myiris.com
Alstom T&D India, a leading player in the power transmission business, has bagged a contract worth approximately Rs 2.26 billion from Power Grid Corporation of India to supply two Gas-Insulated Substations (GIS). The two substations will be located at ...

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Rupee sinks Sensex by 630 points, bank stocks plunge - India Today

Tue, 12/05/2015 - 5:36pm

India Today

Rupee sinks Sensex by 630 points, bank stocks plunge
India Today
Heavy selling by foreign investors on the back of the minimum alternate tax (MAT) dispute, free falling rupee value and disappointing fourth quarter results led to a benchmark index of the Indian equities market closing Tuesday's trade down 630 points ...
BSE Sensex rises 401.91 pts, hits over two-week closing high at 27507 on rate ...Financial Express
Benchmarks slump ahead of IIP, CPI data; Sensex breaches 26900 markMint Market Info
Sensex Soars Over 400 Points To Reach Two-week HighNasdaq

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Profit-booking, reform worries trip two-day winning streak - Business Standard

Tue, 12/05/2015 - 3:57pm

Profit-booking, reform worries trip two-day winning streak
Business Standard
Giving further credence to India Meteorological Department's early forecast in April of a sub-par southwest monsoon season, Australian Meteorological Department said today that the El Nino weather phenomenon has started to take shape in the tropical ...

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Achievement of Ministry of Power - The Hans India

Tue, 12/05/2015 - 3:21pm

The Hans India

Achievement of Ministry of Power
The Hans India
The Electricity (Amendment) Bill 2014 has been introduced in the Lok Sabha on 19.12.2014. The proposed amendments in the Electricity Act,2003 ,will usher in much needed further reforms in the power sector. The proposed amendments will also promote ...

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India and China are our primary growth markets: Richard Kendall Lancaster - Business Standard

Tue, 12/05/2015 - 3:08pm

India and China are our primary growth markets: Richard Kendall Lancaster
Business Standard
The Indian government recognises the importance of growth in the power sector and has moved to address several unresolved matters which have impacted the industry, such as fuel supply. We are confident that further improvements in these areas will ...

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India, China are our primary markets: Richard Lancaster - Business Standard

Tue, 12/05/2015 - 2:42pm

India, China are our primary markets: Richard Lancaster
Business Standard
The Indian government recognises the importance of growth in the power sector and has moved to address several unresolved matters which have impacted the industry, such as fuel supply. We are confident that further improvements in these areas will ...

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India and China are our primary growth markets: CLP group CEO - Business Standard

Tue, 12/05/2015 - 2:42pm

India and China are our primary growth markets: CLP group CEO
Business Standard
The Indian government recognises the importance of growth in the power sector and has moved to address several unresolved matters which have impacted the industry, such as fuel supply. We are confident that further improvements in these areas will ...

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Godavari Biorefineries raises $15 million from Madala Capital - Livemint

Tue, 12/05/2015 - 2:16pm

Livemint

Godavari Biorefineries raises $15 million from Madala Capital
Livemint
Mandala Capital manages private equity funds that invest in companies focused on the agribusiness sector in the Indian subcontinent. On 1 April, Jain Irrigation Systems Ltd announced that its non-banking financial company Sustainable Agro-commercial ...

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As BRICS Bank head, can KV Kamath offer much-needed cure for India's infra ills? - Firstpost

Tue, 12/05/2015 - 2:01pm

Financial Times

As BRICS Bank head, can KV Kamath offer much-needed cure for India's infra ills?
Firstpost
For one, the BRICS Bank marks the creation of the first major multilateral funding agency controlled by EMEs, signalling the beginning of a gradual shift of economic power to the developing countries from the developed world. BRICS countries — Brazil ...
Daily Current Affairs - 9th, 10th & 11th May 2015PaGaLGuY
India's KV Kamath to head new Brics bankFinancial Times

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How Narendra Modi pushed through Bangladesh border pact - Livemint

Tue, 12/05/2015 - 12:03pm

Livemint

How Narendra Modi pushed through Bangladesh border pact
Livemint
Sometimes there are enclaves within enclaves, and, in one rare instance, an enclave (Indian) within an enclave (Bangladesh) within an enclave (Indian) within an enclave (Bangladesh)—Dahala Khagrabari in West Bengal. ... After the 2014 general election ...

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Agriculture sector bleeds, thanks to flawed government plans - Daily News & Analysis

Tue, 12/05/2015 - 8:00am

Daily News & Analysis

Agriculture sector bleeds, thanks to flawed government plans
Daily News & Analysis
... and no electricity either… Those are just some of the examples of carelessly conceived government schemes to bolster farm growth at a time share of the agriculture sector in India's GDP has plunged from 30 percent in 1990-91 to just 14.5 percent ...

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China and India's economies complimentary to each other, says Amitabh Kant - IBNLive

Tue, 12/05/2015 - 7:40am

IBNLive

China and India's economies complimentary to each other, says Amitabh Kant
IBNLive
In India's case its 65% of our GDP comes from the services sector, just about 18% comes from manufacturing and the balance is agriculture and therefore the challenge for India really is to drive its manufacturing sector if it has to grow at rapid rates ...

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Jayalalithaa acquittal: verdict lifts investor sentiment in TN - The Hindu

Tue, 12/05/2015 - 2:14am

The Hindu

Jayalalithaa acquittal: verdict lifts investor sentiment in TN
The Hindu
An analyst, wishing anonymity, pointed out that the power situation continues to be a big challenge. The deficit situation remains but with the southern grid connectivity and improved transmission infrastructure, the State can buy power from other States.

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Bank of Baroda profit down 48%, continues PSB rout - The Indian Express

Tue, 12/05/2015 - 1:45am

The Indian Express

Bank of Baroda profit down 48%, continues PSB rout
The Indian Express
He added that banks from both the public and private sectors were facing problems due to a weak economy. On sectors that contributed to higher restructuring and NPAs in Q4, Shankar said: “These sectors are infrastructure, power, road, ports and steel.” FE.

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In China, Modi to push for expediting industrial parks - Business Standard

Tue, 12/05/2015 - 1:16am

Times of India (blog)

In China, Modi to push for expediting industrial parks
Business Standard
To begin with, China is likely to set up power equipment service centres in these zones for maintenance, repair and overhaul of power equipment. This is because the Indian power sector has voiced concern over poor servicing and difficulties in ...
'No breakthrough expected on boundary issue during PM Modi's China visit'Zee News
Make in India is menaced by leftovers of the 1970s be Indian buy Indian dreamTimes of India (blog)
'India Raised With China Issue of Investments in PoK'Outlook
The New Indian Express -Businessworld
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