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Fitch rates NTPC's proposed $4 bn notes secure

Jun 17, 2015

Fitch rates NTPC's proposed $4 bn notes secure

According to Fitch, the company has dominant market position as it is the largest power generation company in India, accounting for a fourth of the total power generated in the country. #Business #Power #NTPC #CompanyWatch #Fitch ratings
Govt plans selling 3% stake in BPCL to raise Rs 1,800 cr

Jun 16, 2015

Govt plans selling 3% stake in BPCL to raise Rs 1,800 cr

The finance ministry has moved a cabinet note for inter-ministerial consultations for selling 2.16 crore shares in BPCL through a public offer, official sources said. #finance ministry #NTPC #ONGC #BHEL #Nalco #REC #Bharat Petroleum #Department of Disinvestment #CPSE #Oman Oil #S Varadarajan
CS Verma steps down as SAIL CMD, steel secretary Rakesh Singh takes charge

Jun 11, 2015

CS Verma steps down as SAIL CMD, steel secretary Rakesh Singh takes charge

Verma was appointed CMD of the country's largest steel producer for a five-year term in June 2010 by the previous UPA government, and was eligible for an extension till he attained the superannuation age of 60 years in September 2019. #Rakesh Singh #coal india #NTPC #ONGC #SAIL #GAIL #IOC #BHEL #CS Verma #Arup Roy Choudhury #Maharatna #Public Enterprise Selection Board #Subir Raha #Anil Kumar Choudhary
Govt to go ahead with PSU disinvestment as planned, says Jaitley

Jun 04, 2015

Govt to go ahead with PSU disinvestment as planned, says Jaitley

The cabinet has approved sale of 5 percent stakes in ONGC, BHEL and NTPC as well as 10 percent each in IOC, NALCO and NMDC. #Economy #Sensex #Disinvestment #RBI #NewsTracker #NTPC #ONGC #BSE #Arun Jaitley #BHEL #Nalco #Monsoon #PSU
Tariff norms, depreciation drag NTPC profit by 5% to Rs 2944 cr

May 29, 2015

Tariff norms, depreciation drag NTPC profit by 5% to Rs 2944 cr

India's largest power produce NTPC's net profit dipped by 5 percent to Rs 2,944.03 crore in the fourth quarter ended March, 2014-15 on stringent CER tariff norms and higher depreciation under new accounting rules. #Economy #India #NewsTracker #NTPC #BSE #PLF
Arun Jaitley's disinvestment act is looking better than Pranab's or Chidu's

May 20, 2015

Arun Jaitley's disinvestment act is looking better than Pranab's or Chidu's

The stage is being set for year-round disinvestment sales in order to meet the government's high share sale targets. #Pranab Mukherjee #P. Chidambaram #coal india #NTPC #InMyOpinion #ONGC #fiscal deficit #Arun Jaitley #PSU Disinvestment
NTPC, IOC trend down as govt approves stake sale

May 13, 2015

NTPC, IOC trend down as govt approves stake sale

According to BSE data, the market capitalisation of NTPC stood at Rs 1,11,313.77 crore while that of IOC was Rs 79,321.21 crore as of today. #Disinvestment #NTPC #Indian Oil #BSE #StockWatch