S&P downgrades outlook on Tata Power

Last Updated: Friday, April 24, 2015, 00:40

Rating agency Standard & Poor's (S&P) has revised downwards its outlook on Tata Power Company (TPC) to 'stable' from 'positive', citing slow progress on tariff revisions for Mundra project and delay in receiving the proceeds from the stake sale in its Indonesian coal mine.

NTPC to be 90,000 MW company in 10 years: CMD

Last Updated: Friday, April 3, 2015, 16:15

At present, the company generates 44,398 MW of power from all sources of energy. Out of this, 12,115 MW or 27 per cent of the total was added in the last four and a half years.

NHPC aims at Rs 5,439 cr power sales in FY'16

Last Updated: Wednesday, April 1, 2015, 16:05

NHPC has signed a Memorandum of Understanding with the Ministry of Power for 2015-16.

CBI examining Jaitley`s letter to PM against Virbhadra Singh

Last Updated: Tuesday, December 31, 2013, 18:00

CBI is examining a letter written by BJP leader Arun Jaitley levelling corruption allegations against Himachal Pradesh Chief Minister Virbhadra Singh.

BJP takes on Virbhadra Singh, youth activists protest outside Rahul Gandhi`s residence

Last Updated: Tuesday, December 31, 2013, 14:05

Demanding an explanation from Rahul Gandhi on the allegations of corruption against Virbhadra Singh, BJP youth wing protested outside the residence of Congress VP.

Congress, Virbhadra Singh reject BJP`s `bribe` charge

Last Updated: Monday, December 30, 2013, 23:51

Virbhadra Singh dismissed as false and baseless BJP`s allegations that he took "bribe" from a private power company.

Exxon to sell Hong Kong power company stake

Last Updated: Tuesday, November 19, 2013, 18:02

The largest US oil company reported an 18 percent decline in third quarter profits last month due to weaker refining earnings.

Avantha Power synchronises 600 MW unit of Raigarh plant

Last Updated: Wednesday, October 9, 2013, 14:47

Gautam Thapar-led Avantha Group on Wednesday said the 600 MW unit of its Chhattisgarh thermal power plant has cleared the first stage of commissioning.

Fukushima operator `sorry` for Japan PM name gaffe

Last Updated: Friday, September 20, 2013, 15:02

Shinzo Abe was given a specially-printed suit to protect him from radiation during the tour, on which he was accompanied by a large press pack.

Magnitude 5.3 earthquake rocks Japan`s Fukushima prefecture

Last Updated: Friday, September 20, 2013, 07:38

A strong earthquake, measuring 5.8 on the Richter scale, hit Japan`s Fukushima Prefecture, with strong tremors felt in the capital city.

Rupee, higher rates raise firms' credit risk: Moody's

Last Updated: Thursday, September 12, 2013, 11:03

Some Indian companies could see the quality of their debt decline as higher global borrowing costs and a sharply weaker rupee take their toll, Moody's Investors Service said on Thursday.

High radiation detected at Fukushima monitoring well: Reports

Last Updated: Tuesday, September 10, 2013, 08:41

The operator of Japan`s stricken Fukushima nuclear plant on Monday said that groundwater from an observation well near the site of a leaky storage tank showed high levels of radiation, according to reports.