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The end appears to be in sight for the problems plaguing imported coal-based projects of Tatas, Adanis and the Essar Group in Gujarat as the state cabinet is all set to approve a rescue plan for their stressed power projects that would allow higher fuel charge, extended power purchase agreement (PPA) and a haircut from lenders.

Gujarat: Panel may bring Rs 1.29 lakh cr relief to stranded power...

If the recommendations are implemented, the consumers will have to face the brunt of high power tariffs.

11 Oct 2018 7:51 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC's open offer for 26 pc stake in IDBI Bank to begin from December 3

The open offer, at Rs 61.73 per equity share, will close on December 14.

11 Oct 2018 7:15 PM IST

Mahindra has tried to put its best foot forward with the Marazzo and here are five things that we think goes in its favour.

Mahindra inks pact with Castrol for supply of engine lubricants

Mahindra will endorse a range of Castrol products which include aftermarket engine oils and transmission fluids.

11 Oct 2018 7:07 PM IST

Prime Minister Narendra Modi on Thursday allayed fears of job loss due to technological development, saying the 4th Industrial Revolution will change the nature of jobs and provide more opportunities. (Photo: Youtube)

4th Industrial Revolution to change nature of jobs: PM Modi

Artificial intelligence, machine learning, Internet of Things, blockchain and big data hold potential to take India to...

11 Oct 2018 6:03 PM IST

Supreme Court said the 3 Amrapali directors will remain under police surveillance confined to the hotel. (Photo: amrapali.in)

15 nights in hotel under police vigil, without phones for 3 Amrapali...

SC issued contempt notice against 3 directors of Amrapali group for defying court orders and sought their reply in 4...

11 Oct 2018 5:07 PM IST

The announcement was made by Vijay Rupani and Devendra Fadnavis soon after a similar decision taken by the central government to reduce the prices of petrol and diesel by Rs 2.50 per litre. (Photo: DC)

Govt will not ask oil companies to further subsidise fuel prices:...

While OMCs will continue to enjoy marketing freedom, upstream oil producers like ONGC would not be asked to share fuel...

11 Oct 2018 5:05 PM IST

Amid the debate on data protection and privacy, the draft of Indias first-ever data protection Bill has not yet been released for public comments.

IT Ministry gets over 400 responses on draft personal data protection...

Some suggestions were around the costs surrounding mandatory localisation or storage of data, that the bill proposes.

11 Oct 2018 4:31 PM IST

GD Agarwal was urging the government to take steps to stop construction of hydroelectric projects along the rivers tributaries. (Photo: File | PTI)

Activist GD Agarwal, on indefinite fast to save Ganga, dies at 87

GD Agarwal, who began his indefinite fast on June 22, passed away in AIIMS Rishikesh around 1 pm.

11 Oct 2018 4:30 PM IST

Major ports in India have recorded a growth of 5.13 per cent and together handled 288.38 million tonnes of cargo during the period April to August, 2018 as against 274.32 million tonnes handled during the corresponding period of previous year

Cargo traffic at major ports rises 5 per cent in April-September

The highest growth of 19.66 per cent was registered by Kamarajar Port.

11 Oct 2018 4:16 PM IST

Force Indias problems are well-documented, with co-owner and principal Mallya fighting an attempt by India to extradite him from Britain to face charges of fraud, which he denies. (Photo: AP)

Delhi court orders attachment of Mallya's properties in FERA violation...

Bengaluru Police had earlier informed court that it has identified 159 properties belonging to Mallya, but has been...

11 Oct 2018 3:19 PM IST

Brokers tracking the stock market as Sensex soared over 400 points to regain 28,000 mark following the tabling of Union Budget 2017-18. (Photo: AP)

Market, rupee slump due to external factors; govt to take action:...

The government will take action at an appropriate time to check widening CAD

11 Oct 2018 3:17 PM IST

Goreen E-Mobility announces removable Li-Ion battery powered electric...

Gemopai electric scooters is one of the largest manufacturers of electric two wheelers in the world.

11 Oct 2018 3:08 PM IST