Markets
BSE See NSE See 39,067.59
106.80 (0.27%)
collapse Related Readings collapse

Charting The Growth Path

| 8/9/2012 9:00 PM Thursday

SAIL
Steeling For A New Fiscal

The first meeting of the CII National Steel Committee in this financial year witnessed wide participation from all the Indian steel majors, industrial members, policy makers and other stakeholders. At the meeting were D.R.S. Chaudhary, Secretary, Ministry of Steel and C.S. Verma, SAIL Chairman and Chairman of CII’s National Committee on Steel were present at the meet which discussed concerns and issues facing the industry.


C.S. Verma, SAIL Chairman and Chairman of CII’s National Committee on Steel

Coal India
Clearing The FSA Path

Coal India (CIL) will modify the fuel supply agreements (FSAs) before signing them with power companies to incorporate the changes that have been proposed by its board, thereby breaking the deadlock over the issue of minimum assured supply of fuel to them. At the company’s board meeting, the state-owned CIL said it will sign the FSAs with the power companies for shipping to them a minimum of 80 per cent coal out of the total contracted quantum.

NTPC
Breaking New Ground

The Madhya Pradesh government has decided to allot over 282 hectares of land to the country's largest power producer, NTPC, for setting up two thermal power projects in the state. The projects, which would come up in Chhatarpur and Narsinghpur districts, would have a total capacity of 6600 MW. According to the official release, the land would be provided at a rate of Rs 5 lakh per acre or as per the guidelines on market rate and industrial lease rent for the year 2012-13, whichever is higher. NTPC has already signed a preliminary pact with the state government and MP Tradeco to set up the 3960 MW Barethi project.

Power Grid Corporation Of India
Funding Expansion

Power Grid Corporation of India (PGCIL) has approved the investment for expansion and replacement of the existing SCADA/EMS system at SLDCs of the Northern Region (NR ULDC Phase-ll) at an estimated cost of Rs 70.90 crore, with a commissioning schedule of 27 months from the date of investment approval. Coming up next is the installation of reactors in the Western region at an estimated cost of Rs 83.17 crore, with a commissioning schedule of 24 months from the date of investment approval.

Konkan Railway
Chugging Into Profits

Konkan Railway has received the turnaround trophy from the Board for Reconstruction of Public Sector Enterprises for having posted profits for three years in a row. Konkan Railway emerged as a profit-making organisation for the first time 2009-10. Its 760-kilometre line connects Maharashtra, Goa, Karnataka and Kerala, a region of criss-crossing rivers, plunging valleys and mountains.

 

Find More Articles on: DSIJ Magazine, PSU Corner, Corporate Trends

news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.