Rains bring power prices down 35% on exchangeIncessant rains and increased hydro and wind power generation have caused a sharp fall in power prices on the Indian Energy Exchange this A...
IEX board reappoints SN Goel as CMD, elevates Rohit Bajaj as Joint MDThe board of Indian Energy Exchange (IEX) approved the reappointment of Satyanarayan Goel as Chairman and Managing Director, and the appoin...
Affordability and versatility needed to drive agri-mechanisation in India: Balwaan Krishi’s Rohit BajajIndia’s agriculture suffers from low mechanisation, which in turn affects productivity. Farm equipment-maker, Balwaan Krishi, wants to chan...
We hope to launch the 11-month contracts by January: Rohit Bajaj, IEX“Last year was flat. This year we are expecting more than 15% increase in volume on an overall or annual basis. H1 was already 12% up; in Q...
Power units with fuel linkage under Shakti plan get sales flexibilityUnder the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) policy, power plants with coal linkages can now sell ...
Power prices feel the heat on high demand; plants have enough coalLower-than-expected temperatures in early summer and preparedness for projected peak demand of around 231 GW helped in maintaining sufficie...
India will raise power price cap to let factories keep hummingIndian Energy Exchange Ltd. will offer a new type of electricity with a price cap of 50 rupees ($0.61) a kilowatt-hour for power generated ...
India’s renewables boom set to lift power exchange spot tradingMore than a quarter of the nation’s electricity could be purchased through spot deals within a couple years, quadruple the current level.
Coronavirus impact: Spot power demand falls 40% on closure of malls, markets, officesTotal demand in the second and third week of March fell almost 3% year-on-year, according to data collated by the National Load Despatch Ce...
South seeing power price hikes owing to outagesCoupled with outages of power generation units and increasing irrigation demand, the development has resulted in a failure to attain the de...
Share market update: 24 stocks hit 52-week lows on NSEDomestic benchmark index NSE Nifty was trading 11.75 points up at 11,581.75.
Nifty faces strong hurdle at 10,300 and 10,450If the index breaks or close below 10,135, we may see a quick move towards the strong psychological level of 10,000.
Nearly 40 stocks hit fresh 52-week lows on NSEAmong the 50 stocks in Nifty50 index, 23 closed the day in the green, while 27 stocks in the red.
K Raheja Corp, Gera to build IT-SEZ in Pune at Rs 1000 croreRealty firms K Raheja Corp and Gera Developments have partnered to construct an IT-SEZ in Pune at an investment of about Rs 1,000 crore ove...
Local industrialists get lesson on tax rules at 'IamSME of India' seminarLocal industrialists and business house owners received some advice and knowledge at a seminar from experts on issues pertaining to export ...
India's young entrepreneurs turn angel investors for new startupsAngel investing is typically done at a very early stage of a company's life, and startups say they gain significantly from these entreprene...
Bajaj Allianz returns to IPL as Mumbai Indians sponsorThis would be Bajaj Allianz's second innings as a sponsor in the IPL, after being one of the founding sponsors of the Rajasthan Royal Team.