Khazanah Nasional, the sovereign wealth fund of the Malaysian government, plans to invest in sectors like financial services, infrastructure and energy in India in the near future.”We are looking at sectors like financial services, infrastructure and ...
Global firm Ernst and Young (E&Y) has said that it has not been barred by any public authority from taking up consultancy projects in the power sector. “There is no subsisting order of debarment against E&Y ...
India is considering a 10 per cent stake sale in state-run explorer OIL India, likely in the next fiscal year that begins in April, a company source told reporters.
“It has to be at least 10 per ...
Prime Minister Manmohan Singh has said that any fresh subsidies for oil marketing companies to bring down fuel prices would only increase the government’s budgetary burden, which eventually could aggravate the inflationary pressures even further.
“If the ...
Rural Electrification Corp (REC) has posted a marginal increase in net profit at Rs 622.87 crore for the three months to September. The power sector lender’s earning has improved from Rs 618.21 crore in the year-ago ...
GVK Power and Infrastructure’s profit slumped 11 per cent to Rs 37.92 crore in the three months to September 2011. The entity’s profit after tax after minority interest declined from Rs 42.81 crore in the 2011 ...
India is staring at an energy crisis after December as staterun refineries will start shutting down because they will run out of money to import crude oil, Indian Oil Corp Chairman RS Butola said after declaring ...
Power sector lender Power Finance Corporation (PFC) today said it has approved a proposal to launch a private equity fund of US $1 billion, which could possibly be in place over next 6 months. “Our board ...
SBI Macquarie invests has invested Rs 125 crore in Soham Renewable Energy India pvt Ltd (SREIPL) This is part of the Rs 375 crore investment group plans in renewable energy.
SREIPL, the holding company of the Soham ...
