Tata Power Company Limited

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What moved the markets today – Tata Motors stock was up by 20%

Nifty 50 has crossed 18,000 points barrier. It stood at 18,161.75, 169.80 points more than previous day’s close. Nifty Auto Index was the top sectoral gainer with 3.4% gains followed by, Nifty Metal (1.5% up) and Nifty Energy (1.4% up). Except for Nifty Realty and Nifty CPSE, rest of the sectoral indices did well. Amongst …

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The Electricity Amendment Bill 2021 and it’s impact on power distribution

Today i.e., 29th September, 2021, has seen another day of correction in Indian stock markets. However, the power sector stocks rallied phenomenally. Tata Power (8.25% up), IEX (6.86% up), NTPC (6.6% up), and Coal India (6.34% up) have seen significant upward movement. The reason behind this is the proposed Electricity Amendment Bill 2021. It has …

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CCI

CCI approves acquisition of 51% of the equity share capital by Tata Power Company Limited in Western Electricity Supply Company of Odisha, Southern Electricity Supply Company of Odisha Limited and Central Electricity Supply Company of Odisha Limited

The Competition Commission of India (CCI) approves acquisition of 51% of the equity share capital in each of the three Electricity Supply Companies of Odisha. viz Western Electricity Supply Company of Odisha (“WESCO Utility”), Southern Electricity Supply Company of Odisha Limited (“SOUTHCO Utility”) and Central Electricity Supply Company of Odisha Limited (“CESCO Utility”)  by The …

CCI approves acquisition of 51% of the equity share capital by Tata Power Company Limited in Western Electricity Supply Company of Odisha, Southern Electricity Supply Company of Odisha Limited and Central Electricity Supply Company of Odisha Limited Read More »