GE Power bags Rs 230 crore order from NTPC

Mar 21 2018

GE Power India said it has bagged a Rs 230 crore order for upgrading three 660MW super critical steam generators at Barh Stage-I project of NTPC.

GE Power India bags Rs 309 crore FGD order from NTPC

Mar 20 2018

GE Power said it has been awarded a contract worth Rs 309 crore by NTPC to install its FGD system at Phase-I (2X800 MW) of its STP project in Telangana.

Equities plunge on sell-off, Sensex tanks over 500 points

Mar 16 2018

A huge sell-off across all sectors dragged the equity markets further into the negative territory during afternoon session, with the BSE Sensex shedding over 500 points.

Sensex slips 130 pts on weak global cues, Nifty tests 10,300

Mar 16 2018

Sensex was trading 136.94 points, or 0.40%, down at 33,548.60. The gauge lost 232.40 points in the previous 3 straight sessions.

Coal linkage rationalisation saved over Rs 3,000 cr: Govt

Mar 14 2018

Rationalisation of sources of coal for power plants under PSUs has resulted in annual savings of Rs 3,354 crore, Parliament was informed.

Nifty ends flat, holds on 10,400-level despite volatility

Mar 13 2018

The broader NSE Nifty ended on a flat note after a volatile trade amid sluggish global cues ahead of US inflation data due today.

State-run power giant NTPC launches USD 400 mn bonds

Mar 13 2018

State-run power giant NTPC said it will raise USD 400 million through 10-year dollar-denominated bonds that carry 4.5 percent interest.

Sensex zooms the most in 2 yrs, Nifty above 10,400

Mar 12 2018

Airtel rose the most by 4.68% among Sensex scrips after its board approved raising up to Rs 16,500 cr for refinancing debt and paying for spectrum liabilities.

Sensex surges over 500 points; FMCG, auto stocks gain

Mar 12 2018

The BSE Sensex index surged over 500 points during the afternoon trade session, while the Nifty50 of the National Stock Exchange (NSE) traded over 150 points higher.

NTPC commissions 8 MW small hydro capacity in Madhya Pradesh

Mar 05 2018

NTPC announced commissioning of its 8 megawatt (MW) small hydro capacity at Singrauli in Madhya Pradesh.

Indian Markets


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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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