Daily Archive: March 21, 2016

Adani Green Energy incorporates two subsidiaries

Adani Enterprises Ltd today said that its arm Adani Green Energy Ltd (AGEL) has incorporated two wholly-owned subsidiaries. In a BSE filing the company said, AGEL has incorporated a wholly owned subsidiary named Sami...

Investors may shun thermal projects for solar energy

The private sector may be giving up on greenfield thermal power projects and looking to solar energy instead. Installation and generation costs have risen for thermal plants following an increased coal cess and stricter...

Retro tax settlement scheme to open from June 1

Government will open from June 1 its one-time offer to settle retrospective tax disputes involving firms like Vodafone and Cairn Energy after rules are framed for them to pay principal tax and get waiver...

Adani Green Energy incorporates two subsidiaries

Oil regulator PNGRB has rejected Adani Gas Ltd’s application for the license to retail CNG in Lucknow and instead granted the permit to a joint venture of GAIL India Ltd and Indian Oil Corp...

We’re paid well, why give in to temptation: Coal secy

Probity and abstinence from glamour and temptations was upheld as seniors in the IAS fraternity advised colleagues to do some introspection. “IAS officers must not stoop low and should stay away from all temptations,...

New seals soon to stop pilferage in LPG cylinders

Faced with frequent consumer complaints of receiving LPG cylinders lighter than the prescribed weight of 14.2kg, Indian Oil Corporation (IOC) has decided to introduce new tamper-proof seals in Lucknow from April. The ‘Tamper Evidence...