TOP CORPORATE NEWS - 05 JAN 2016

Indraprastha Gas surges 6%; SC asks Oil Ministry to set up new CNG pumps in NCR

The scrip opened at Rs. 525.95 and has touched a high and low of Rs. 571.55 and Rs. 520.4 respectively.

Reliance Cap gets CCI nod to acquire Goldman Sachs Onshore Asset management business

Reliance Capital Ltd has announced that it has received CCI nod to acquire Goldman Sachs' Onshore Asset management business.

BHEL starts 600 MW thermal unit in Telangana

Bharat Heavy Electricals Ltd (BHEL) said it has successfully commissioned the first 600 megawatts coal-based thermal power plant in Telangana

Bharat Heavy Electricals (BHEL) said that the unit, commissioned at Kakatiya Thermal Power Project (TPP) at Chelpur in Warangal District of Telangana, is the highest rating unit in the state.

JSW Steel gets partial relief from Karnataka HC; stk up

JSW Steel announced that the Karnataka high court on December 03, 2015 provided a partial relief on the payment of Forest Development Tax (FDT) while hearing a petition filed by mine owners and the purchasers of iron ore, including JSW Steel on the levy of FDT by the Karnataka state government.

Petronet LNG is set to renegotiate Australia gas price

Petronet LNG is set to renegotiate Australia gas price after successfully renegotiating Qatar gas price.

The contract was signed in 2009 however the off-take of the Australian gas would start from early 2017.

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