Caution don’t go long on and passenger car sector especially Maruti or Mahindra or Tata motors. Electric vehicles are set to disrupt the sector which will be historic. It will be like old roll film camera to digital cameras or landline to mobile. The shift will be so disruptive that distributors will not be
*Launched at 20% discount to NAV, it offers 8.25% yield which will be distributed in the form of dividend and interest 50:50.
*Portfolio comprises of seven best in class office parks and four prime city-centre office buildings totalling 32.6msf as of March 31, 2018.Total market value of all completed and under-construction/proposed assets at INR340b.
✅ An independent chartered accountant firm has confirmed that *Dewan Housing Finance Corporation* has not
created shell companies to divert funds. The Cobrapost allegations are not genuine. A big positive for
Electrotherm for those who are recommending buy:1) Company has a negative networth of Rs.1260 crores as on 2017-18 as per Annual report2) As per segment report electric vehicle division is in continous losses and is accounting for only 1% of revenue of the
The Gujarat government has directed its power distribution company to raise tariffs of the three imported coal-based power plants owned by Tata Power, Adani Power and Essar Power by amending their power purchase agreements (PPAs) and approaching the power regulators for approval.
This comes as a big relief for the three plants which together can generate about 10,000 mw but have been making heavy losses after an abrupt jump in the price of Indonesian coal and the refusal of various states to pay higher tariffs as they said the power producers were bound by the PPAs. The matter has lingered for years as it was put up to various regulators, courts, committees, appellate authorities and governments. Gujarat Urja Vikas Nigam Ltd (GUVNL), the main power procurer from the three plants, has been directed to immediately amend the pacts and approach regulators for tariff adoption and approval, sources said. The directive was issued late on Saturday night by the state. The amended PPAs will soon be circulated among other states for cabinet approvals, they said.
“It is decided to execute amendments in PPAs of Adani Power and Essar Power Gujarat Ltd and approach appropriate regulatory commission for approval of the
Ø CCB deferral could help PSBs get Rs 35,000 cr breather Ø 79.48 lakh jobs created in last 13 months: EPFO Ø International inbound roaming on Jio VoLTE from Japan
