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Jindal brothers sign Rs 6,500 crore power deal
•Billionaire Sajjan Jindal's JSW Energy Ltd has agreed to buy a 1,000 megawatt power plant from his brother's heavily indebted Jindal Steel and Power Ltd in a deal valued at up to $976 million, the companies said on Wednesday.
Sajjan Jindal-led JSW Energy in final lap to buy brother's JSPL for Rs 5,200 cr
Fp Archives •A formal announcement in this regard may be done next week by both the companies due to extended weekend on account of Holi and Good Friday
CCI approves Rs 9,700 cr JSW Energy-Jaiprakash hydro power deal
Fp Archives •CCI has approved JSW Energy's proposed Rs 9,700 crore acquisition of two hydro-electric projects from Jaiprakash Power Ventures.
Fund issues keep private firms away from UMPPs, Centre aborts bidding
Fp Archives •The private firms, which had participated in the first round of bidding for two 4,000 MW each UMPP in Odisha and Tamil Nadu withdrew their bids citing difficulties in securing finances for these proposed projects.
Third time lucky? Jaypee Group inks pact to sell three power plants to JSW Energy
Fp Archives •JPVL and Reliance Power had earlier been in talks for two months before calling off the deal.<br />
Exit Reliance Power, enter JSW Energy: Sajjan Jindal acquires 3 of Jaypee's power projects
Fp Staff •JSW Energy will acquire three power plants- the Bina, Bapsa and Karcham projects-- from the Jaypee group
Cos without green nod to lose coal block; govt sends notices to 61 firms
Fp Archives •Tata Steel, ArcelorMittal, Hindalco, Jindal Steel and Power, JSW Steel, Essar Power, Adani Power, Tata Power, GVK Power and Infrastructure, Ultratech Cement, Reliance Energy, Sterlite Energy and JP Associates are some of the allocatees who feature in the list of 61.
Sensex closes in green on cabinet decisions; JSW Energy, UB group up
Fp Archives •Riding high on the reform wave, the Indian equity markets closed in the green with the Sensex closing at 18,694.41 21.07 points up and the Nifty closed at 5673.90, 4.30 points up.
9 stocks to watch out for today
Shishir Asthana •Here are the nine picks of the day - Neyveli Lignite, Reliance Industries, Infosys, Auro Pharma, Kotak Bank, Dena Bank, IVRCL Infra, JSW Steel and HOEC. Also listen to our podcast on global cues that could impact the market today.
Fundamentals: Why Phoenix Mills debt is bound to go down
Fp Staff •The realty firm will benefit from falling interest rates.