Sasan UMPP starts commercial operation

	Sasan UMPP starts commercial operation Reliance Power has commissioned the first 660 MW unit of the Sasan ultra-mega power project (UMPP) in Madhya Pradesh. Sasan UMPP is the world's largest integrated integrated power plant and coal mining project. The pithead-based plant is Reliance ...
	Investors' call records: Sebi gets three weeks to file reply Mumbai: The Bombay High Court on Wednesday gave market regulator, the Securities and Exchange Board of India (Sebi), three weeks' time to file a reply in conjunction with a case filed by the Indian Council of Investors. The council had last week moved ...
	Rajiv Anand appointed Axis Bank's retail banking President Private lender Axis Bank today said Rajiv Anand will soon move in as President for retail banking from its asset management arm. Mr Anand is currently serving as head of Axis Asset Management Company. He will assume the new role on May 1 and will ...
	CERC order to put Gujarat discoms' profits under pressure The recent order of Central Electricity Regulatory Commission (CERC) allowing 'compensatory tariff' for Adani Power Limited's imported-coal-based power project at Mundra in Gujarat is likely to put pressure on the profits of four highly rated and profit making ...
	Cabinet okays decontrol of sugar sector The Cabinet Committee on Economic Affairs on Thursday decided to decontrol the Rs. 80,000 crore sugar industry. In October last year, a panel headed by Dr C Rangarajan, the Chairman of the Prime Minister's Economic Advisory Council, had recommended ...
	Hundreds of Canadians named in tax-haven records They sought the utmost secrecy in offshore tax havens. But now some of the world's wealthiest citizens are having their undisclosed financial records laid bare. An unprecedented leak of documents is revealing the closely guarded investment information of ...
	India saw worst fall globally in domestic air travel in February: IATA NEW DELHI: India continues to remain the weakest performing domestic aviation market in the world. The International Air Transport Association (IATA) Wednesday released global data for the month of February and the drop in domestic air travel demand ...
	Kapil Sibal blames Supreme Court for telecom sector's woes Telecom Minister Kapil Sibal Wednesday said the "golden goose" of telecom sector will not lay the golden egg "for a little while", thanks to the Supreme Court judgement. He also said that if courts were to involve themselves in economic policy making then ...
	Mumbai: Coast Guard intercepts vessel carrying banned satellite phones Mumbai: The Coast Guard on Thursday took into custody a suspicious vessel, MSV Yusufi, after it allegedly intercepted calls made through the banned Thuraya satellite phones. The Coast Guard took into its custody five people who were on board the ship ...