JSW, Greenko, Adani, Tata tapped for PTC India stake
The promoters - NTPC, NHPC, Power Finance Corp and Power Grid Corp of India - hold a combined stake of around 16% in PTC India. Damodar Valley Corp, which owns a 3.3% ownership, has also decided to divest its shareholding.
NTPC is Harshvardhan Dole's top pick in power sector. Here's why
“NTPCs dividend payout has been consistently higher and it is offering a very asymmetric payoff which means that the downside is fairly limited. If the delivery of earnings continues, then there is a massive rerating ahead of the stock. NTPC is the top name that emerges as per our style of recommendation.”
Joshimath: Stop hydropower projects in Himalayan region, re-evaluate impact: Expert
The return on investment in these hydropower projects is negligible if you consider the ecological costs that have to be paid. These ecological costs are not accounted for, said Dr Anjal Prakash, Research Director and Adjunct Associate Professor of ISB.
Unlucky PSU stocks! More than 50% cos languish ahead of Budget, shows 10-year history
The government has been unable to proceed with the strategic disinvestment of Bharat Petroleum Corp, Container Corporation of India, and Shipping Corporation of India due to regulatory challenges and adverse market conditions.
Buy every dip; FII flows will pivot back to India from China: Harendra Kumar
“I think every dip should be bought into – be it 5% or 7% because the risk reward is favourable. We have three large events next year. One is the HDFC Bank merger will be over; we will have Reliance which is significantly under owned and the reversal of flows, which is more inflows coming into India.”
Next four quarters can be good for credit growth and good profitability for PSU banks: Neeraj Dewan
"In the power financial space, there is REC, PFC and they deserve a look because a lot of capex is happening in this category and there also the books have been cleaned. They are in a much better position to lend. REC, PFC can be looked at if we are playing the power story."
Sensex erases opening gains, tumbles 400 points from day's high
“Volatility is likely to be the hallmark in the near term amidst December F&O expiry this Thursday. Technically, Niftys major support is seen at the 17,407-17,567 zone with intraday support at 17,871. On the upside, Nifty will now face hurdles at the 18,221 mark, while confirmation of strength only if the index closes above the 18,473 mark,” Prashanth Tapse - Senior VP (Research) at Mehta Equities said.
NTPC Group crosses 3 GW operational renewable energy capacity
The NTPC Group achieved this milestone with commissioning of first part capacity of 100 MW out of 300 MW Nokhra Solar PV Project at Bikaner, Rajasthan from 00:00 hours of December 20, 2022, a company statement said.
Banking sector to do reasonably well in 2023: Janakiraman R
So I think in the near term we have to be a bit more cautious about the market returns. In contrast, the medium term outlook is distinctly positive, things like the capex cycle recovery, the real estate recovery, the China plus one development as far as industrial outsourcing is concerned, all these factors make the clear outlook much more positive. But that is tempered by the fact that I think the next six to 12 months we have to be a bit more careful or moderate about return expectations.
Lenders to SKS Power give bidders a fourth deadline extension for due diligence
Reliance Industries, the Adani Group, state-owned NTPC, Torrent Power, Jindal Power, Hindustan Powerprojects, Sarda Energy & Minerals and Jindal India Thermal are among some 23 entities that have expressed interest in the company.
Power giant NTPC will turn to nuclear in climate goal chase
The state-run company aims to install 20 to 30 gigawatts of nuclear capacity by 2040, according to a person familiar with the plans, who requested anonymity to discuss the private proposals and said the target remains tentative. India currently has 22 operational reactors with about 6.8 gigawatts of capacity.
Stocks in the news: TCS, Wipro, NMDC, Apollo Hospitals, Zomato and Adani Power
Tata Consultancy Services has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketplace. The contract between TCS and RDG is for a term of six years.
Rs 20,000 crore selloff! LIC pressed sell button on Maruti, 9 other stocks in Q2
Amid easing of semiconductor chip shortage issues and strong demand outlook, Maruti shares have rallied over 26% in the last 6 months. India's biggest carmaker had managed to surprise the Street with a four-fold rise in net profit in the September quarter to Rs 2,062 crore while its revenue rose 46% to Rs 29,930.80 crore.