Anil Sasi is a Senior Editor with the Indian Express and writes on business and finance issues. He has worked with The Hindu Business Line and Business Standard and is an alumnus of Delhi University.
57 thermal power units face ‘reserve shutdown’, a technical term for a unit shut down due to lack of demand.
According to a labour ministry official, through the registration and issuance of U-WIN cards, the government also intends to create a Central-level database of all unorganised sector workers in the country.
Agency took 542 days, on an average, to complete investigations for each of the 162 cases probed by it.
Over 60% cut in funds to affect Central schemes; ministry claims Make in India’s rural push to be dented.
Amid red-flags in France, Areva’s pact with NPCIL to kick off licencing process of world’s largest nuclear plant.
China had imposed export restrictions and raised tariffs in 2010 as it sought higher prices for rare earth which is used for both civilian and military, including nuclear, applications.
A fifth of those stuck in FY14 cited issues of land acquisition, clearances and raw material availability as major hurdles.
Currently, as many as five public sector banks do not have a full-time CMD.
Move likely to translate into generation cost of about `7 per unit.
Safety certificate from structural engineers has been made mandatory.
New terms of re-engaging private players aim at transferring a higher proportion of the risk back to the government while concomitantly pruning the upfront funding requirement for the private sector.
Sources in the DoT said that very high internet traffic growth rate is leading to network congestion and spectrum crunch, forcing TSPs to adopt traffic management tools.
In line with the distressed state of core sector firms, Tata Steel India has seen a significant fall in its operating earnings.
The move would be a major boost to credit eligibility of low-ticket borrowers.
The regulator is learnt to have received over 800,000 mails since it floated a consultation paper on regulatory framework for OTT services and applications on March 27.
Officials said government order announcing the separation of POSOCO and segregation of staff is under preparation.
The NGT ban on diesel vehicles that are over ten years old in Delhi and NCR has come in for criticism for not giving enough time to vehicle-owners to make a switch.
REC stock sale reveals there is appetite for well managed Offer for Sale issues if valuations are attractive.
The national Highways Authority of India (NHAI) has been asked to go flat-out and ensure the project is completed in the next three years.
Those in violation of the norm are bluechip public sector firms that include ONGC, NTPC Ltd, GAIL India Ltd, Bharat Electronics Ltd and BPCL.
Majority located in Delhi, Maharashtra, Karnataka, Haryana & TN
Apart from the French, the Australians have also stepped in with interest on the Ganga water cleaning initiative.
In contrast, the power generation sector has private producers contributing well over one-third of the capacity after the Electricity Act, 2003, opened up the sector to private participation.
The proposal has been billed as a gamechanger with potential to usher in competition in the electricity sector on the lines of the telecom sector.
Jaitley said that the effective collection of corporate tax was about 23 per cent.
To give growth a fillip and create more jobs, Jaitley walked the tightrope and deftly increasing infrastructure spends.
Many announcements from the Budget presented on July 10 have been implemented such as Swachh Bharat, financial inclusion and an expenditure management commission.
The project for developing the Android ‘secure wrapper’ is being taken up as a national security initiative as nearly 50% of the mobiles phone users in the country use the Android platform.
RIL has a series of ongoing arbitration actions against the government.
PSUs asked to hike IEBR projections, could enable Centre walk fiscal tightrope.
Except for a few big cities, distribution network is controlled by state utilities.
BHEL on Thursday announced a sharp 69 per cent drop in third quarter net profit at Rs 212.6 crore, hit by lower revenue and operating income.
The audit seeks to verify if the equipment that the distribution companies claim exists physically is actually deployed on the ground.
Substitution of hazardous ‘process’ with ‘substance’ faces flak.
R&D facility to help social networking giant provide ‘compelling advertisements’.
Inflated role ascribed to private sector investment; Weak PSB financials to restrict fund flow.