PXIL launches Green Term Ahead Market - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
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Addressing an interactive session with the CEOs of renewable energy and power companies organised by FICCI, Raut said the policy aims to implement 17,000 MW of renewable power projects in the next 5 years.
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It is expected to create direct and indirect employment for one lakh people, along with giving priority to hybrid power projects.
New Delhi: Maharashtra s New Renewable Energy Policy will attract Rs 75,000-crore investments, said the state s Power and New & Renewable Energy Minister Nitin Raut on Thursday. Nitin Raut, Minister for Power and New & Renewable Energy, Government of Maharashtra, today while highlighting the Maharashtra s New Renewable Energy Policy said that the policy aims to promote public and private sector participation and will attract an investment of Rs 75,000 crore in power and allied sectors, FICCI said in a statement on Thursday.
The Securities Appellate Tribunal (SAT) has stayed the Rs 6 crore penalty that markets regulator Sebi had imposed on NSE for allegedly investing in firms unrelated to the stock exchange business. Securities and Exchange Board of India (Sebi),in October, levied a fine of Rs 6 crore on National Stock Exchange (NSE) for allegedly investing in six companies unrelated or non-incidental to the stock exchange business. The six entities are CAMS and Power Exchange India Ltd (PXIL), NSEIT Ltd, NSDL E-Governance Infrastructure Ltd (NEIL), Market Simplified India Ltd (MSIL) and Receivables Exchange of India Ltd (RXIL). The noticee (NSE) had engaged, directly and/or through its wholly-owned subsidiary NSICL, in activities that are unrelated/non-incidental to its activities as a stock exchange by way of acquisition of stakes in PXIL, CAMS, NSEIT Limited, NEIL, MSIL, and RXIL without seeking approval of Sebi, the regulator had said in its order.
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NEW DELHI, Dec 15: The Securities Appellate Tribunal (SAT) has stayed the Rs 6 crore penalty that markets regulator Sebi had imposed on NSE for allegedly investing in firms unrelated to the stock exchange business.
Securities and Exchange Board of India (Sebi), in October, levied a fine of Rs 6 crore on National Stock Exchange (NSE) for allegedly investing in six companies unrelated or non-incidental to the stock exchange business.
The six entities are CAMS and Power Exchange India Ltd (PXIL), NSEIT Ltd, NSDL E-Governance Infrastructure Ltd (NEIL), Market Simplified India Ltd (MSIL) and Receivables Exchange of India Ltd (RXIL).
“The noticee (NSE) had engaged, directly and/or through its wholly-owned subsidiary NSICL, in activities that are unrelated/non-incidental to its activities as a stock exchange by way of acquisition of stakes in PXIL, CAMS, NSEIT Limited, NEIL, MSIL, and RXIL without seeking approval of SEBI,” the regulator had said in its order.