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First Solar to supply products to Reliance Power

Reliance Power Q4 net up 23.5 %
Reliance Power posted nearly a quarter rise in Jan-March profit on new capacity while scarce and expensive fuel kept prospects at some of its key projects clouded. India's power generators have been slow on expansion and running below capacity as fuel supply remains short and financially-troubled state distribution utilities buy less power. Production at state monopoly Coal India has stagnated

Reliance Power Q4 net at Rs 231 crore
Mumbai, May 24 (IBNS) Anil Ambani-led Reliance Power Limited posted a net profit of Rs 231 crore ($ 45 million) in the March quarter as against Rs 186 crore, registering an increase of better than expected 24 percent. Reliance Power stocks shot up soon after.

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Sensex pares some gains after surging more than 230 points

Shrugging off a mid morning setback, the market rallied sharply past noon, and, despite paring some gains subsequently, remains well entrenched in positive territory now with stocks from oil and

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Reliance Power asks CAG to drop 'undue gains' remark

After the government recently reaffirmed its earlier decision to allow Reliance Power Ltd (R-Power) to divert surplus coal from its Sasan project in Madhya Pradesh for a nearby project, the company

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Surplus coal may be sold at production cost

Fearing profit-making by private miners through the sale of surplus coal produced at captive mines, the government plans to impose a policy guideline asking captive mining companies to sell the

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Sensex plunges 367 points on heavy selling

The market started off on a weak note this morning with information technology majors taking a hit following U.S. tech major Cognizant Technologies revising downward its full-year earnings forecast.

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