The Presidential directive to Coal India to ensure long-term fuel supply to power companies may in fact work in favour of the company.
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.
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 has shown higher capacity availability or plant availability factor during the first 2 mths of the current quarter, indicating improved coal supply.
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'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.
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.
From April 2009, the company has already supplied 82 MT, which means it will fall short by 15 MT in attaining the 80% mark.
The company expects the numbers to improve as volumes will be boosted with the commissioning of some toll projects.
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