Speculated by many as one of the core purpose of the deal, GSPC would see some relief by offloading a substantial portion of the nearly Rs 16,500 crore debt on the balance sheet. With almost a 3200 crore repayment, the transaction would enable a better capital structure and reduced finance costs for GSPC. … [Read more...] about GSPL to acquire additional stake in Gujarat Gas – pain or gain?
Arizona gas prices
The share price tumbled 11 percent in the early trade on January 24 after the news broke. At 09:22 hrs, it was quoting at Rs 160.90, down Rs 11.95, or 6.91 percent.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Adani Gas served showcause notice by regulator: Sources
Oil prices started gaining since the start of the previous year and it went up to $66.60 a barrel by April. This was due to an attack on Saudi Arabian oil tankers at the most important oil transport waterway. This incident created hostilities between western countries and the Middle East. … [Read more...] about Crude oil in Indian futures market rose 38% in 2019: Where is it headed now?
"Cross-subsidy surcharge (CSS), additional surcharge, transmission and wheeling charges, point of connection (PoC) charges, etc., are some of the regulatory levies determined on a yearly basis. This leaves investors uncertain about cash flow projections required to assess project viability," Dalmia Cement (Bharat), one of the respondents pointed out.. … [Read more...] about India inc’s renewables push bogged down by policy, regulatory issues: Report
Skyryse will continue tuning its tech until it can launch at that car-like price point. Groden won’t say on the record how soon he expects that to happen, but he seems to be targeting a very, very ambitious timetable. “The technology will propel us to a place where we will be at parity with the car far sooner than most people would expect,” he says. (Skyryse hasn’t announced where it will launch, but Groden does emphasize that it is an L.A.-based company.) … [Read more...] about This startup wants to make urban flying as accessible as riding the bus