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Popular Articles

No takers for gold sold by banks
Investors, who bought gold from banks, are in a fix as leading jewellery houses are not ready to buy it and it cannot be sold back to banks either.

Ashok Leyland unveils bus with wireless connectivity
Commercial vehicle manufacturer Ashok Leyland today showcased a bus with wireless connectivity --iBUS2 -- useful for disaster management, mobile education and medical emergency response targeted at the government and the defence sectors.

News of the day

Govt asks GAIL to assure gas supply to power projects
Resolving the issue of fuel supply guarantee to upcoming gas-based power projects, the petroleum ministry has asked state-run GAIL India to extend "comfort letters" assuring gas supplies so that developers can raise finances.
Business Opportunities

JSW Energy gets SEBI nod for public issue

JSW Energy, a part of Jindal South West (JSW) group headed by Sajjan Jindal, has received SEBI (Securities & Exchange Board of India) nod for IPO (initial public offering). The company is looking to raise a minimum of Rs 2,600 crore by issuing 63.22 million equity shares. IPO proceeds will be used for repayment of debt and equity financing of power projects. It is planning six power projects aggregating to 2790 MW in Rajasthan, Maharashtra and Himachal Pradesh.


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