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BHEL achieves one more milestone

BHEL achieves one more milestone

03/23/2017 2:01 PM | Thursday | By Sanket Dewarkar

BHEL is one of the market leaders in the Indian power sector with a installation base of over 170,000 MW of power plant, equipped globally.

Steel prices expected to rise by Rs 1000 a tonne

Steel prices expected to rise by Rs 1000 a tonne

03/22/2017 11:43 AM | Wednesday | By Rohan Takalkar

According to a leading business daily, domestic steel prices are expected to rise by Rs 1000 per tonne in April, preceded by the previous hike on March 15, of the same amount. Producers are  seeing a rise in demand for steel products in various segments.

Parliamentary panel proposes MTNL and BSNL merger

Parliamentary panel proposes MTNL and BSNL merger

03/17/2017 12:53 PM | Friday | By DSIJ Team

The Committee believes that the merger would give both the entities a chance to compete against private sector players.Both public sector firms are facing financial losses and revenue decline due to loss of market share and increasing expenditure.

BHEL commences commercial operation of 800 MW plant at Yeramarus

BHEL commences commercial operation of 800 MW plant at Yeramarus

03/15/2017 6:11 PM | Wednesday | By DSIJ Team

BHEL starts commercial operation of its plant at Yeramarus in Raichur district of Karnataka.

Indian steel exports zoom in February

Indian steel exports zoom in February

03/08/2017 6:16 PM | Wednesday | By DSIJ Team

Indian steel industry appears to be on the verge of recovery after facing strong headwinds from global factors. India's total steel exports reached 0.75 million tonnes, recording 150 per cent YoY jump in February 2017, indicating strong demand for the industry's products.

MTNL surges 17% on merger talks with BSNL

MTNL surges 17% on merger talks with BSNL

03/08/2017 4:32 PM | Wednesday | By Lohit B

Mahanagar Telecom Nigam (MTNL) surged more than 17 per cent on an intra-day basis on Wednesday and closed at Rs 26.10 on the NSE. The sharp surge was on account of BSNL-MTNL merger plan coming back on the discussion table.

Dredging Corporation hits 52-week high

Dredging Corporation hits 52-week high

03/06/2017 10:31 AM | Monday | By Lohit B

The stock price of Dredging Corporation surged 16.45 per cent on bourses in early trade, and is trading at Rs 487.9 on an intraday basis, owing to the news that the GoI may sell 51 per cent stake in the company.

NTPC to mine 18mn tonnes coal per annum from Pakri Barwadih

NTPC to mine 18mn tonnes coal per annum from Pakri Barwadih

03/01/2017 7:00 PM | Wednesday | By DSIJ Team

The power giant NTPC has kicked off the process to expand operations at its Pakri Barwadih coal mine in Jharkhand to achieve annual capacity of 18 million tonnes.

Government to transfer 51.11% shareholding of HPCL to ONGC

Government to transfer 51.11% shareholding of HPCL to ONGC

02/27/2017 2:31 PM | Monday | By DSIJ Team

51.11 per cent shareholding of Oil and Natural Gas Corporation (ONGC) is likely to be transferred to HPCL, thereby making it a subsidiary of ONGC.

Canara Bank to sell stake in its housing finance arm

Canara Bank to sell stake in its housing finance arm

02/27/2017 9:48 AM | Monday | By DSIJ Team

The Government of India promoted Canara Bank is expected to sell its stake in its housing finance arm Can Fin Homes. The bank would be able to raise Rs 716 crore from the sale.

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