Presidential decree to CIL on fuel deal may be a blessing in disguise
The Presidential directive to Coal India to ensure long-term fuel supply to power companies may in fact work in favour of the company.
Jwalit Vyas
Tamil Nadu tariff hike lights up PTC India prospects
PTC India will benefit from the 37% increase in power tariffs in Tamil Nadu. It will also allow it to start working with the Tamil Nadu State Electricity Board.
Rajesh Exports to gain from its focus into retail business
Margins are close to 5-7% in retail business, compared with 1.5% in gold jewellery exports; this was a major reason for the company to enter retail business.
NTPC: Better fuel availability augurs well for the company
NTPC has shown higher capacity availability or plant availability factor during the first 2 mths of the current quarter, indicating improved coal supply.
CESC: Tariff hike to improve cash flow, boost business plans
At a price to book value of 0.7, CESC's stock is one of the cheapest among power utility scrips and is trading at a huge discount to its peers.
Bata India: Business rejig, cost cuts continue to deliver
Bata's efforts have been on increasing the RoE. It has tried increasing its sales, reducing costs by bringing down employee cost and other expenses.
AstraZeneca planning to delist Indian subsidiary; likely to appoint Merrill Lynch as manager for delisting
AstraZeneca, the world's seventh largest drug maker by sales, is planning to delist its Indian subsidiary, said two people with knowledge of the development.
Reliance Power: Uncertainty over gas, coal supply weighs heavy
Though RPower is one of the few utilities to report a stable operational performance in Q3, there are a few issues that investors need to weigh.
Coal India: Cash cushion may help absorb impact of fuel deals, higher wage bill
From April 2009, the company has already supplied 82 MT, which means it will fall short by 15 MT in attaining the 80% mark.
Dues recovery holds key to PTC India's future
The company expects the numbers to improve as volumes will be boosted with the commissioning of some toll projects.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon
