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REVEALED: 3 | Vintage Vibes

What is the MSCI India Index and why it matters

NEW DELHI: Global indices service provider MSCI had earlier this month announced a couple of inclusion and exclusion, along with changes in weightages of a few Indian stocks, which has influenced flows in these stocks. While it has added four stocks to its MSCI India index, namely Tata Elxsi, Adani…

The Times of India

Adani Power net profit surges to Rs 4,645 crore in Q4

NEW DELHI: Adani Power's consolidated net profit jumped to Rs 4,645.47 crore in the March quarter from Rs 13.13 crore in the year-ago period, mainly on the back of higher revenues.

The Times of India

Adani Wilmar becomes 7th Adani Group company to cross Rs 1 lakh crore market capitalisation

NEW DELHI: Adani Wilmar became the 7th companies within Adani group to cross Rs 1 lakh crore market capitalisation mark.

The Times of India

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Dry forecast, 2,200 MW power shortfall making Haryana sweat

CHANDIGARH: Summer has come a month earlier and the predictions of dry spells are making Haryana sweat because the state has inadequate power backup. After failing to add own capacity, Haryana Power Generation Corporation Limited (HPGCL) now cries before Haryana Electricity Regulatory Commission (HERC) for justice, making the situation worse.

The Times of India

Indian Energy Tycoon Just $3B Behind Warren Buffett On Global Rich List As Power Arm Hits Key Milestone

While the Indian stock market slid into the red on Monday with other Asian peers, the stocks of the listed Adani companies continued to defy the market and hit new milestones. In a recent surge, the power, and energy arm of the Adani conglomerate, the Adani Power, crossed INR 1…

Benzinga

Imported coal based power plants get fuel cost relief till December

NEW DELHI: The power ministry has allowed independent power producers (IPPs) burning imported coal to pass on the higher fuel costs till December with a view to restarting stalled capacity as domestic coal-based generation stations across the country struggle to cope with rising demand because of low fuel inventories, sources…

The Times of India

Adani Power scrip hits circuit as Rajasthan discoms pay Rs 3,000 crore

NEW DELHI: Adani Power shares on Tuesday shot up to a 52-week high, hitting the 10% upper circuit on reports the company has received Rs 3,000 crore in past dues from three Rajasthan discoms (distribution companies).

The Times of India

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SC disposes of GUVL-Adani group curative, says their relationship will be governed by compromise terms

The case relates to Adani Power's termination of the power purchase agreement with GUVL because the Gujarat Mineral Development Corporation had failed to supply coal to it.

The Hindu

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