Web Sify
Follow us on
Avantha Power and Infrastructure on Monday said it will sell its subsidiary Korba West Power to Adani Power for Rs 4,200 crore.  The company has signed a memorandum of understanding with Adani Power to sell its entire stake in Korba unit, the company said in a statement.  Kobra West Power has commissioned a coal-based power plant of 600 MW. Adani Power said that with the acquisition ...
Brent crude futures rose above $80.50 a barrel on Monday ahead of a meeting of the producer group OPEC at which an output cut will be discussed, while China's move to lower interest rates late last week also underpinned prices.Asian markets rallied on Monday with shares in Shanghai hitting three-year highs as the prospect of further policy stimulus in China and Europe whetted risk appetites globally ...
Gold prices gained marginally after sliding over the last two sessions at the domestic bullion market today due to renewed offtake by jewellery stockists and traders to meet seasonal demand. Elsewhere, silver also recovered sharply to reclaim Rs 37,000 per kg-mark on heavy speculative demand coupled with firm industrial support. Standard gold (99.5 purity) moved up by Rs 30 to end at Rs 26,405 per ...
After two days of losses, gold regained its glitter to trade Rs 50 higher at Rs 26,800 per ten gram at the bullion market in the national capital today. This was due to emergence of buying by jewellers and retailers, supported by ongoing wedding season demand amid a firm global trend. Silver also advanced by 50 to Rs 36,550 per kg on increased offtake by industrial units and coin makers. Traders said ...
most popular on facebook
talking point on sify finance