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Price
International News

Who is behind Hindenburg, the company that is shorting Adani?

January 26, 2023 Mariel Alumit

Hindenburg has flagged potential wrongdoing in at least 16 companies since 2017, according to its website. Last year, it took a short and then a long position in Twitter Inc.Short-sellerHindenburg Researchdisclosed on Wednesday short positions […]

Price
International News

Hindenburg shorts Adani Group, flags debt and accounting concerns

January 25, 2023 Mariel Alumit

The report, which comes days ahead of a $2.5 billion share offering by flagship firm Adani Enterprises, sparked sharp falls in shares of Adani group firms.BENGALURU:Hindenburg Researchsaid on Wednesday it held short positions inAdani Group, […]

Price
International News

IndianOil to pump in Rs 2,200 crore investment for various projects in Tamil Nadu

January 25, 2023 Mariel Alumit

Asokan was here to review and deliberate on the LPG Bottling plant near Kinathukadavu on the outskirts about its LPG storage and distribution infrastructure. The joint venture with Israel technology company Phinergy to manufacture and […]

Price
International News

Reviving India’s sleeping energy giant – Hydro & Pumped Hydro Power

January 25, 2023 Mariel Alumit

By Anish De & Debmalya SenTheenergy transitionof the Indian energy sector has over the last decade brought about a significant change in the positioning of the various actors and fuel sources in the energy value […]

Price
International News

BPCL to set up 1 GW renewable energy plant in Rajasthan

January 24, 2023 Mariel Alumit

The company has set itself the ambitious goal of ‘net zero’ in Scope 1&2 emissions by 2040. It plans to expand its renewable portfolio to reach 1 GW of generating capacity by 2025 and 10 […]

Price
International News

Adani Green Energy posts 9 per cent surge in solar, 47 per cent jump in wind energy sale

January 23, 2023 Mariel Alumit

The renewable energy company said this increase in the sale of energy was backed by 150 MW commissioned in Rajasthan in November 2022 and 140 basis points improvement in capacity utilisation factor (CUF). Ahmedabad: AdGreen […]

Price
International News

Bidders set up close fight for SKS Power; financial creditors could make a full recovery

January 23, 2023 Mariel Alumit

“All bidders that had submitted bids early this month are very close, which means a recovery of over 75 per cent is almost guaranteed. To break the deadlock, banks will push the bidders to offer […]

LNG
International News

India’s natural gas imports to rise on lower global prices – Petronet LNG

January 22, 2023 Mariel Alumit

Asian spot LNG prices have fallen due to mild weather in Europe and ample inventories, from an average of $30-$35 per million British thermal units (mmBtu) in the December quarter to around $17/mmBtus, A.K. Singh […]

Price
International News

Russia hints headway in TAPI gas pipeline project after Putin key aide visits Kabul

January 20, 2023 Mariel Alumit

Even though the new regime in the Afghan capital gave signals that it remains keen to continue the work on TAPI project, which has already seen more lows than highs since the first TAPI Summit […]

Price
International News

India aims to become key semiconductor supplier for world

January 20, 2023 Mariel Alumit

Speaking at a session on ‘Learning from semiconductor supply shocks’ at the World Economic Forum Annual Meeting 2023 here, the minister said there is a very large market that requires semiconductor and India has a […]

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