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Star Thermal offers Rs 1,700 crore acquisition-completion plan for Ind-Barath Energy

Star Thermal offers Rs 1,700 crore acquisition-completion plan for Ind-Barath Energy
Star Thermal promoters are natives of Tamil Nadu; they were partners in a Dubai-based $6 billion conglomerate involved in execution of various infrastructure projects, especially in power generation, transmission and distribution
Nevin John | March 2, 2021 | Updated 21:12 IST
A month after JSW Energy terminated its plans to acquire Ind-Barath Energy (Utkal) Ltd, Chennai-based Star Thermal Power Ltd has submitted a Rs 1,700 crore offer to take over the incomplete plant in Odisha. Star Thermal offered up to Rs 1,200 crore for the pit-head 700 MW Odisha-based thermal power plant, which is going through the insolvency process at National Company Law Tribunal (NCLT). Besides, it agreed to infuse Rs 500 crore within a year to complete the construction of the plant. ....

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Star Thermal offers Rs 1,700 crore acquisition-completion plan for Ind-Barath Energy

Star Thermal offers Rs 1,700 crore acquisition-completion plan for Ind-Barath Energy
origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.

United Arab Emirates , Andhra Pradesh , Tamil Nadu , India General , Star Thermal Power Ltd , Barath Energy Utkal Ltd , National Company Law Tribunal , Barath Energy , World Bank , Ind Barath Energy , Chennai Based Star Thermal Power Ltd , Star Thermal , Mahanadi Coalfields , Coal India , Hyderabad Bench , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஆந்திரா பிரதேஷ் , தமிழ் நாடு , நட்சத்திரம் வெப்ப பவர் லிமிடெட் , பாரத் ஆற்றல் ஊட்கள் லிமிடெட் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , பாரத் ஆற்றல் , உலகம் வங்கி , இந்த் பாரத் ஆற்றல் , சென்னை அடிப்படையிலானது நட்சத்திரம் வெப்ப பவர் லிமிடெட் , நட்சத்திரம் வெப்ப ,

Stocks to watch: Home First Finance, Airtel, PVR, Indigo Paints, RIL

Here are the top stocks to track in today s session:
Home First Finance: Shares of Home First Finance will debut on the bourses today. The issue that ran between January 21-25 was subscribed 27 times.
Q3 earnings: Bharti Airtel, Adani Enterprises, Adani Green Energy, Apollo Tyres, Arvind Fashions, Deepak Fertilisers, Hindustan Copper, Indian Hotels, Inox Leisure, Jubilant FoodWorks and VIP Industries are among the 88 companies that are slated to announce their December quarter earnings today.
Analysts expect Bharti Airtel to return to profit while revenues may grow in mid-teens on a year-on-year (YoY) basis, mainly on account of strong subscriber addition momentum. Besides, the company s board will also consider financing strategies and fundraising plans via instruments like debentures, bonds, and loans. ....

India General , Uttar Pradesh , Abu Dhabi , Abuz Aby , United Arab Emirates , Societe Generale , Bharti Airtel , Ajanta Pharma , Canara Bank , Abu Dhabi Investment Authority , Indian Hotels , Tata Motors , Adani Enterprises , Reliance Industries , Al Mehwar Commercial Investments , Nomura India Investment Fund , Barath Energy Utkal , Siemens Gamesa Renewable Energy , Dr Reddy Labs , National Company Law Tribunal , Adani Green Energy , Apollo Tyres , Tata Motor , Delhi High Court On , Singapore Exchnage , First Finance ,

Stocks in news: Tata Consumer, V-Mart, Infosys, Future Retail, JSW Energy, Tata Motors

Stocks in news: Tata Consumer, V-Mart, Infosys, Future Retail, JSW Energy, Tata Motors
Stocks to watch today on February 3: Tata Consumer, V-Mart, Infosys, Future Retail, JSW Energy, Tata Motors among others are the top stocks to watch out for in Wednesday s trading session
BusinessToday.In | February 3, 2021 | Updated 09:32 IST
Stocks to watch today: Bharti Airtel, Adani Green, Jubilant FoodWorks are among the top companies that will be reporting their Q3 earnings
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Wednesday s trading session based on latest developments. Investors are also awaiting Q3 earnings that are scheduled to be released today. Companies set to announce their earnings are Bharti Airtel, Adani Green, Jubilant FoodWorks among others. ....

Uttar Pradesh , Bharti Airtel , Apollo Tyre , Ajanta Pharma , Business Analytics Services Ltd , Tata Motors , Siemens Gamesa Renewable Energy , Barath Energy Utkal Ltd , Adani Enterprises , National Company Law Tribunal , City Union Bank , Procter Gamble , Delhi High Court On , Bajaj Corp , Reliance Industries , Adani Green , Jubilant Foodworks , Consumer Products , Kottaram Agro Foods , Smart Retail , Siemens Gamesa Renewable , Analytics Services Ltd , Ind Barath Energy , Industries Future Retail , Delhi High Court , Future Group ,

JSW Energy recalls bid for Ind-Bharat Energy due to Covid outbreak

February 02, 2021
JSW Energy has recalled its bid for acquiring the thermal power plant of Ind-Bharat Energy (Utkal) through the insolvency process initiated in 2019 due to the Covid pandemic outbreak.
The plan comes at a time when it has taken a conscious decision not to venture into thermal power generation to improve its ESG (environment, social and governance) rating.
The resolution plan of JSW Energy was approved by Committee of Creditors (CoC) in October, 2019 and the plan was filed with the National Company Law Tribunal for approval.
In the intervening period of 15 months since the submission of resolution plan, a material adverse change event as defined by the resolution plan has occurred, said JSW Energy in a statement on Tuesday. ....

Andhra Pradesh , India General , Tamil Nadu , Bharat Energy Utkal , National Company Law Tribunal , Committee Of Creditors Co , Jsw Energy , Macquarie Group , Ind Bharat Energy , Hyderabad Bench , Mahanadi Coalfields , Coal India , ஆந்திரா பிரதேஷ் , இந்தியா ஜநரல் , தமிழ் நாடு , பாரத் ஆற்றல் ஊட்கள் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , குழு ஆஃப் கடன் வழங்குநர்கள் இணை , ஜுசுவ் ஆற்றல் , மக்வரீ குழு , இந்த் பாரத் ஆற்றல் , ஹைதராபாத் பெஞ்ச் , மகாநதி நிலக்கரி புலங்கள் , நிலக்கரி இந்தியா ,