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Jindal Power looks to buy power projects
Jindal Power, an arm of the Naveen Jindal-controlled Jindal Steel and Power, is looking to buy out power projects either with domestic coal linkages or port-based imported coal. The company is also looking to acquire thermal power projects with capacities of 1,000 mega watts and upwards. Sushil Maroo, deputy managing director said they seek to expand capacity and were looking at acquisitions as a route.

Debasish Nayak suspended
Orissa chief minister and president of ruling Biju Janata Dal (BJD) Naveen Patnaik today suspended his party MLA from Bari in Jajpur district, Debasish Nayak on the charges of anti-party activity.

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Analysts welcome GMR's disposal of Intergen stake
Analysts are relieved at Bangalore-based GMR disposing its 50 per cent stake in Dutch utility Intergen.

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LIC to close market plus-1 today
State-owned Life Insurance Corporation (LIC) of India will close one of its most attractive unit-linked pension plans- Market Plus-1 in its present form from June 30 this year.

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Four Posco officials held hostage for 6 hours

Anti-Posco activists today abducted four Posco officials engaged in the company's corporate social responsibility (CSR) activities at Patana village under Dhinkia village panchayat in

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CMRI expert to probe Anant coal mine fire

V K Singh, a top mining expert of the Dhanbad-based Central Mining Research Institute will visit Talcher Coalfields soon to study the causes of the land slide and subsequent fire at the Anant open

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