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SEB OFFICIALS
Indian Envoy Vinay Kwatra meets US corporate and tech leaders to boost AI and supply chain tiesIndia's Ambassador to the US, Vinay Mohan Kwatra, met top business and tech leaders to advance economic ties. In posts on X, he highlighted...- Indian envoy Vinay Mohan Kwatra meets senior United States counter-terror official Sebastian Gorka to discuss collaboration to tackle major terror groupsIndia's Ambassador to the US, Vinay Mohan Kwatra, held discussions with senior US counter-terrorism official Sebastian Gorka. They shared p...
- Farmer in Andhra Pradesh gets booked for growing 'ganja' crop to clear debtsFacing financial difficulties, a farmer in Prakasam district attempted to clear his debts by cultivating ganja on his land. However, his il...
- Renewable energy theme looks attractive; opportunities may pan out after SEB restructuring: Pankaj Pandey, ICICIdirect.com'Renewable as a theme appears quite attractive but domestically we are still facing challenges'
- NDA government mulls plan to freeze non-performing debt of SEBsThe move will also help banks, which have lent Rs 53,000 crore to state-run discoms, and run the risk of this gargantuan sum turning into b...
- Groupe SEB to invest Rs 100 crore, keep Maharaja Whiteline brand aliveMaharaja Whiteline, a Delhi-based small appliances maker founded in 1976, is being renamed Groupe SEB India. The brand will stay alive.
- Sunday ET: Serious issues remain in providing such 'open access' of electricity to industriesPower purchases by consumers directly from the open market - instead of relying on local power utilities - now account for well over 40% of...
- Tata Steel, Hindalco procure funds eorth $9 bn, power sector debt recast will boost SMEsAfter several months of downturn, there are tangible signs to suggest that the Indian economy may be bottoming out gradually in the second ...
- SEB debt restructuring positive for financial, power sectors: AnalystsAccording to analysts, the move will benefit the lenders and power companies in the long term if discipline is maintained.
- State electricity board recast can switch on power companiesSEBs have loans of Rs 80K cr. The proposal is to distribute the restructuring burden among state govts, banks that have lent to state power...
- RSEB debt restructuring cleared, banks hopeful of replicating model across industryAccording to sources, the restructuring will include converting the term loans extended to the state-run power utility into working capital...
- Power tariff for farmers doubled; sector's outlook still remains wobblyPower sector's outlook remains wobbly as states are still promising subsidies and unaccounted supplies continue.
- Central Bank on India may recast loans to power utilitiesPublic sector Central Bank of India may go in for restructuring of some of its loans to the electricity companies in the current quarter.
- Bank of Maharashtra restructures around Rs 1,100-cr debt of Rajasthan SEBAs per banking sources, a total loan amount of around Rs 6,000 crore, which has been given to RSEB, has been restructured by various banks.
- Spanco Telesystems may bag Rs 300-cr Punjab SEB contractIn another closely-fought contest that is part of Rs 50K-cr power sector modernisation programme, the IT implementation tender for the Punj...
- NTPC set to get nod to sell 10% power at market priceThe govt plans to allow NTPC to sell around 10% capacity at market-determined prices, a move expected to boost the power utility’s profit.
- Volkswagen plans 1 bn euro ABS saleVolkswagen Financial Services, part of carmaker Volkswagen, plans to sell a two-part security backed by German auto loans, an official at o...
- Volkswagen plans 1 bn euro ABS saleVolkswagen Financial Services, part of carmaker Volkswagen, plans to sell a two-part security backed by German auto loans, an official at o...
- Investment panel for discom power to govtThe government may soon land up becoming equal equity partners in state run distribution utilities, if the Centre accepts the recommendatio...
- State Boards to retain distribution in new licensing regimeTHE MUCH-HYPED Electricity Bill 2001, which is awaiting the final government nod before being introduced in Parliament, may not be enough t...
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