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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

JSW Energy to bid for 4 mln tonne coal linkage in next round of coal auctions - To start coal blending up to 50% of requirement at Ratnagiri and Vijaynagar plants
JSW Energy, the Sajjan Jindal led company, is planning to bid for coal linkages to start coal blending at its two thermal power plants - Ratnagiri and Vijaynagar - to reduce the impact of higher coal imports.

JSW needs around 4 million tonne per annum (mtpa) of coal to blend for its over 2000 MW power plants which at full capacity consumes around 6.3 mtpa of coal. The company is expecting to increase the blending of coal initially to 50% and then gradually increase it to 70% of the total requirement.

The government has been nudging companies to bring down their coal imports to reduce the impact of custom duties and surcharges to save on import costs. Read More

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Sorry, Mr Nilekani. Boring isn't good enough for Infosys

Infosys shares have outperformed Nifty IT index by 4.5% since Nandan Nilekani took over as chairman in late August 2017. But things aren’t as stable as they seem

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Today's TradeBriefs Cartoon

Amazon's cloud revenue in India up threefold

Amazon Internet Services (AISPL), the reseller for Amazon Web Services (AWS) in India, also reported a profit of Rs 28 crore, compared with a Rs 10-crore loss the previous year.

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H-4 Visa change: If Trump goes ahead, wives and husbands of Indian IT workers in US will not get any jobs

The change in the H-4 visa rules -- it may happen in less than three months from now -- will majorly hit the wives and husbands of Indian H-1B visa holders.

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India to develop technology to reduce climate impact of cooling by five times

The Ministry of Science & Technology today announced the launch of Global Cooling Prize, an international competition to incentivize the development o..

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India needs to invest more in scientific research and development: ISF

India lags behind economies like China in catalysing research, says K Dinesh, president of ISF.

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