Tag: Narendra Modi

India, Russia to set out energy vision, Siberian deals eyed


India and Russia will strike an energy partnership when Prime Minister Narendra Modi hosts President Vladimir Putin on Thursday to prepare the way for two Siberian oil deals and chart a route for a first pipeline between the two countries. But a joint ‘vision’ document is likely to lack hard details, with terms still being… Read More ›

Green manufacturing leading to economic and ecological gains


Faced with increased regulatory pressure, chemical manufacturers, especially pharmaceutical and fine chemicals makers, are taking green route for processing Chemicals industry is under increased pressure across the supply chain with a traditional reliance on non-renewable resources (that are becoming increasingly scarce and have uncertainties over continuity of supply); old processes (most chemical processes are based… Read More ›

Lower sales, coal realisations take toll on Tata Power


A cap on FIIs in private banks restricts the extent of money that overseas portfolio investors can put into the proposed share sale Tata Power narrowed its consolidated loss to Rs 75 crore for the December 2013 quarter versus Rs 329 crore last year, but the overall performance is a far cry from Street’s estimates, which… Read More ›

Proposed US law could boost gas export to India


The surplus is largely due to rapid advances in the technology and extraction of shale gas and oil over recent years The latest version of a Bill in the US legislature for expedited approval on export of natural gas to World Trade Organization members could help India. Over the past year, surplus production of LNG (liquefied natural gas) in… Read More ›

Adding value to polymer waste through recycling


Presence of metals, such as aluminum, in plastic waste makes it difficult to recycle. Specialty additives can offer a solution to this challenge by converting polymer waste into quality products Plastics have become a necessity in our daily lives. The wide variety of applications of plastics has made them indispensable but at the same time plastics… Read More ›

Clarity on marketing margins to trigger IGL re-rating


After the government raised the allocation of domestic gas for city distribution operations last month, IGL cut CNG prices by 20-30 per cent Uncertainty regarding its ongoing case with the Petroleum and Natural Gas Regulatory Board (PNGRB) and weaker volumes due to consistent price increases, to offset higher input costs, saw Indraprastha Gas (IGL), the… Read More ›

‘SMEs must understand importance of branding’


Ad guru Pralhad Kakkar says SMEs must promote its products through social media which is very effective “SMEs must understand the importance of branding. Now, branding is not only restricted to advertising for television, print media or radio. SMEs must promote its products through social media which is very effective”, said veteran advertisement guru Pralhad Kakkar in Pune. He was speaking… Read More ›

CERC’s brave steps mean well for the power sector


CERC needs to be complemented for taking away the carrot when none was needed by the sector Central Electricity Regulatory Commission’s (CERC) recent regulation on electricity tariff underscores the strides taken by the power sector over the years. Apart from fixing the manner in which tariff will be calculated over the next five years, CERC’s regulation demonstrates… Read More ›

India approves Rs 1,765 crore for hydropower project in Bhutan


PM Manmohan Singh conveyed this to his Bhutanese counterpart Tshering Tobgay when they met yesterday on the sidelines of the 3rd BIMSTEC Summit.  THIMPU: India has approved Rs 1,765 crore as the interim cost escalation for Bhutan’s Punatshangchu I hydropower project.  Prime Minister Manmohan Singh conveyed this to his Bhutanese counterpart Tshering Tobgay when they… Read More ›

Power Grid Board approves plans to invest Rs 575 crore


The remaining amount may come from internal accruals. Power Grid shares traded at Rs 94.05, down 0.58 per cent, on the BSE.  NEW DELHI: Central transmission utility Power Grid CorporationBSE 0.79 % today announced investments of over Rs 575 crore for two projects. “Board of directors of the company have approved the investment approval for… Read More ›