INTERNATIONAL Mighty Enron now an old ghost town Houston (Texas): The downtown Houston headquarters of collapsed energy titan Enron evoke an old West ghost town. Entire floors of the once bustling mirrored-glass building are practically deserted, divisions wiped clean and thousands of former employees absent from the desks they once occupied.
NATIONAL Electricity Tribunal to be set up for power sector Kolkata: The government of India will set up Electricity Appellate Tribunal (EAT) as part of its efforts to bring in a uniform policy for power sector in the country and has set up a committee to suggest ways to restructure State Electricity Boards.
UB acquires GMR Tech's brewery in AP for Rs 57 cr Mumbai: The United Breweries (UB) Group has acquired yet another brewery in Andhra Pradesh (AP), this time from GMR Technologies and Industries Ltd for an all cash deal of over Rs 57 crore.
PSU shares in limelight, SENSEX up by 37 points Mumbai: Shares of public sector undertakings (PSUs) continued to be in limelight scoring impressive gains and in turn, pushed the SENSEX remarkably up by about 37 points at close on the Bombay Stock Exchange (BSE) on February 14 following fresh support by speculators as well as foreign funds.
Plans to transfer SEB losses await Cabinet nod Kolkata: Plans to transfer accumulated losses of electricity boards to the balance sheets of the state governments is now awaiting the approval of the Cabinet, Union power minister Suresh Prabhu said.
IRDA urges government to pass insurance bills New Delhi: Insurance Regulatory and Development Authority (IRDA) on February 14 pressed for passage of Bills to convert GIC (General Insurance Company) into National Re-insurer and allow brokers in the emerging sector in the Budget session.
India can generate 20,000 MW of power in 10th plan Kolkata: Union Power Minister Suresh Prabhu on February 14 said that country is all prepared to generate 20,000 MW of power through renovation and modernisation ( R&M) of existing plants during the 10th Plan period set to commence within next few weeks.
SENSEX opens firm on sustained buying support Mumbai: The SENSEX opened firm and later moved in a small range at early stages on the Bombay Stock Exchange (BSE) on February 14 on sustained support from speculators as well as Foreign Institutional Investors (FIIs).
