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FS ENERGY
Will peace get a chance, and bulls make a comeback? 5 large-cap stocks with an upside potential of up to 26%A peace deal, if it comes, will not mean the Gulf region has become stable. It will only mean that current tensions have been paused. The k...- Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily lifeFuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...
- The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strainIn light of increasing global unrest from the West Asia crisis and fluctuations in the energy sector, Finance Minister Nirmala Sitharaman i...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- India, US deepen energy ties; Nuclear, LPG in focus amid Iran-linked supply concernsIndia is looking to boost energy ties with the United States. Discussions covered nuclear power, coal gasification, and LPG exports. This m...
- Mumbai police freezes six EEPL bank accounts over Rs 131 crore dispute; former director detained at Bengaluru AirportOn Sunday, Karan Virwani, Director of WeWork India, the then Director of EEPL, was stopped at the Kempegowda International Airport in Benga...
- CBI raids office of IL&FS Energy Development Company, directors in Rs 100.03 cr loan fraud caseThe CBI on Friday said that they carried out search operations at office of IL&FS Energy Development Company Ltd (IEDCL) and residential pr...
- PTC India board approves acquisition of IL&FS Energy Development energy consulting bizPTC has also been mandated by the government to trade electricity with Bhutan, Nepal and Bangladesh.
- IL&FS sells entire stake in IWPSL to ORIX Corp for Rs 6.05 croreIn October 2019, the group had divested its 51 per cent equity stake held in seven wind power SPVs to ORIX.
- Govt seeks additional 270 days to complete resolution for 105 IL&FS group companiesThe Ministry of Corporate Affairs (MCA) has also requested the appellate tribunal to release 55 other entities from moratorium, so that the...
- IL&FS completes wind power units sale to Orix for RS 4,800 croreThis move gives Orix, which previously owned 49% stake a 100 % ownership in each of the seven projects. The entire debt of around Rs 3,700 ...
- India's top gas utility is said to mull buying IL&FS wind assetsIL&FS’s newly formed board said at the end of last month that resolution options could broadly involve significant capital infusion, asset ...
- IL&FS may sell rights to operate toll roads to NHAIThe National Highway Authority of India can buy the rights from IL&FS under the "concession agreement" clause as part of the road projects ...
- IL&FS downgrade to hit 35 MF schemes as wellMost fund houses will mark down their net asset values (NAV) when they declare them on Monday as the downgrade came during the weekend.
- SoftBank, IL&FS team up to power 20 GW solar parksSB Energy, the power and energy investment arm of SoftBank, and IL&FS’ wholly owned IL&FS Energy unit have agreed to jointly develop grid-c...
- Government imposes one-year ban on 71 solar panel companiesThe ban includes Amra Raja Electronics Ltd, Cleantech Synergy, Hollandia Power Solutions, IL&FS Energy Development Co and Jindal Green Tech...
- IL&FS in talks with Chennai-based Orient Power to merge its wind energy assetsThe all-stock reverse merger of unlisted IL&FS Energy Development will value the combined entity at Rs 4,500-5,000 crore.
- Vikram Solar commissions 40 MW solar plant in MPVikram Solar has successfully commissioned a 40 MW solar plant for IL&FS Energy Development Company Limited (IEDCL) in Madhya Pradesh.
- IL&FS Energy aims to add 10,000 MW of powerIL&FS Energy Development Co is executing 10,000 MW coal and gas based projects, and some of them are expected to start generation next year
- NMDC selects IL&FS Energy as JV partner for power forayNMDC has decided to rope in IL&FS Energy Development Company as joint venture partner for setting up a 500-MW thermal power plant in Uttar ...
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