TOP CORPORATE NEWS
Maruti launches WagonR with AMT technology
Maruti launches WagonR with AMT technology; to also offer safety package (Airbags & ABS) as optional on all variants
Maruti has launched variants of its hatchbacks WagonR and Stingray equipped with Automated Manual Transmission (AMT) technology priced between Rs4.76 lakh and Rs5.31 lakh.
Coal India to invest Rs6,000 crore in solar power generation capacity
Coal India ( CIL) will invest Rs 6,000 crore to set up 1,000 MW of solar power generation capacity over the next five to six years.
The projects will have 70% debt. CIL is also considering setting up floating solar panels on water bodies that are formed when a mine is closed down. – Positive for COAL India
HPCL reports Q2 net loss at Rs320.50 cr
Hindustan Petroleum Corporation Ltd (HPCL) has announced the following Q2 Un-Audited Standalone results for the quarter ended September 30, 2015 :
The Company has posted a net loss of Rs320.50 crore Vs net profit of Rs850.21 crore (YoY).
BPCL in JV with Gail Gas wins award
Bharat Petroleum Corporation and Gail Gas (100% subsidiary of GAIL India) has been awarded the authorisation for laying, building, operating and expanding of a City Gas Distribution Network (CGD Network) in the geographical area of Haridwar District by the Petroleum and Natural Gas Regulatory Board established under the PNGRB Act, 2006.
Tata Power to enhance focus on renewable capacity addition
Tata Power to enhance focus on Renewables by aggregating and carving out renewable assets to fully-owned subsidiary Tata Power Renewable Energy Ltd. (TPREL) and its subsidiaries
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