Go Green! 3 power stock ideas for your long-term portfolio

Go Green! 3 power stock ideas for your long-term portfolio

The ‘grey to green’ theme is gaining pace in India as the renewable energy sector is set to increase four times by 2030. As India aims to meet 50 per cent of its energy requirement from renewable energy by 2030 and reduce its carbon emission by 45 per cent, domestic brokerage firm Securities finds money-making … Read more

Power Minister says Delhi govt misleading public on electricity situation; enough coal stock for 5-8 days

Power Minister says Delhi govt misleading public on electricity situation; enough coal stock for 5-8 days

Union Power Minister R K Singh has said the Delhi government is misleading the public with incorrect information about the electricity situation in the national capital. In a letter shot off to the Delhi power minister, Singh has expressed displeasure at the Delhi government misleading the public, a source said. Replying to a letter by … Read more

Need robust mechanism to check migrant workers’ exploitation: Jharkhand CM

Need robust mechanism to check migrant workers’ exploitation: Jharkhand CM

Concerned over the “exploitation” of Jharkhand migrant workers in various parts of the country, especially in difficult terrains, Chief Minister Hemant Soren has voiced the need to put in place a robust mechanism to check such practices and said he would hold necessary discussions with his counterparts from other states. Soren also claimed that several … Read more

NTPC starts disbursing compensation for deceased workers at Tapovan project

NTPC starts disbursing compensation for deceased workers at Tapovan project

New Delhi: State-run power giant on Tuesday said it has started disbursal of compensation to families of workers at its Tapovan project who lost their lives due to the flash flood in Uttarakhand earlier this month. The first cheque of Rs 20 lakh was handed over to Vimala Devi, wife of late Narendra Ji of … Read more

Government banking on buybacks, dividends

Government banking on buybacks, dividends

New Delhi: The government will rely on proceeds from buybacks and dividends from public sector enterprises to shore up non-tax revenues as key strategic divestments, including Air India and BPCL, are likely to conclude only in the next financial year, said officials. However, the additional proceeds would still be much less than adequate to meet … Read more