Tata Power

Birlas enter top league with $50-billion m-cap; Tatas still on top

Birlas enter top league with $50-billion m-cap; Tatas still on top

The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore (USD 53.5 billion) at the end of Friday's trade.

Sep 03, 2017, 13:43 PM IST

Bank of Baroda, Tata Power fall up to 3% on exclusion from Nifty 50

Shares of Bank of Baroda, Tata Power, Tata Motors DVR and ACC Ltd fell up to 3 percent lower today as these companies will move out of the NSE's benchmark Nifty 50 index from September 29.

Aug 29, 2017, 18:12 PM IST
Tata Power gets shareholders' nod to raise Rs 7,000 crore via bonds

Tata Power gets shareholders' nod to raise Rs 7,000 crore via bonds

The resolution was listed on the agenda of 98th Annual General Meeting held on Wednesday.

Aug 24, 2017, 20:10 PM IST

Tata Power's Q1 output recorded at 12.4 bn units

Tata Power on Wednesday said its generation during April-June quarter was recorded at 12.4 billion units, and the current installed capacity stands at 10,466 MW.

Aug 16, 2017, 14:19 PM IST

Tata Power offers to sell 51% stake in Mundra for Re 1

Tata Power has offered to sell 51 percent stake in its 4,000 MW Mundra power project for Re 1 to states like Gujarat, which buy electricity from it, to tide over the financial crisis facing this business.

Jun 22, 2017, 15:13 PM IST
Probe finds IFC investment in Tata Power project breaching norms

Probe finds IFC investment in Tata Power project breaching norms

World Bank's probe body CAO has raised concerns over IFC's insufficient action to address environmental norms violation by Tata Power arm Coastal Gujarat Power Ltd.

Mar 21, 2017, 12:03 PM IST
Tata Power appoints N Chandrasekaran as Chairman

Tata Power appoints N Chandrasekaran as Chairman

Tata Power Friday announced the appointment of Natarajan Chandrasekaran as the Chairman and Additional Director of the company from Saturday.

Feb 10, 2017, 19:01 PM IST
AirAsia India appoints Tata veteran Deepak Mahendra CFO

AirAsia India appoints Tata veteran Deepak Mahendra CFO

AirAsia India, which is under the scanner for alleged forex violations, Tuesday announced appointment of former Tata group official Deepak Mahendra as its new chief financial officer.

Feb 07, 2017, 19:20 PM IST
S Padmanabhan nominated as Chairman of Tata Power

S Padmanabhan nominated as Chairman of Tata Power

The nomination comes against the backdrop of Cyrus Mistry's resignation as director of the company in December.

Jan 04, 2017, 11:26 AM IST
Cyrus Mistry seeks shareholders support to stay on Tata Power board

Cyrus Mistry seeks shareholders support to stay on Tata Power board

Claiming that Tata Power fared much better during his tenure than earlier, ousted Tata Group Chairman Cyrus Mistry has asked for support from company's shareholders against promoters'decision to remove him from board.

Dec 10, 2016, 18:17 PM IST

Tata Power to sell PT Arutmin stake for $247 mn

Tata Power will sell its 30 percent stake in Indonesia-based coal company PT Arutmin for a sharply lower consideration of USD 246.64 million after entering into revised pacts that take into account certain prior liabilities.

Nov 30, 2016, 15:28 PM IST

Tata Power takes initiative to donate winter clothes to poor

The campaign is being run on Tata Power DDL's official social media channels.

Nov 30, 2016, 04:00 AM IST
Cyrus Mistry could be sacked as Tata Power chairman on December 26

Cyrus Mistry could be sacked as Tata Power chairman on December 26

Come December 26 and Tata Power could become the fourth Tata firm to sack Cyrus Mistry as the chairman/director of the company.

Nov 29, 2016, 22:13 PM IST
Tata stocks plunge on concerns over Mistry letter

Tata stocks plunge on concerns over Mistry letter

Shares of various Tata group stocks, including Tata Power and Tata Motors, plunged sharply this morning amid concerns about purported disclosure made by ousted group chairman Cyrus Mistry about huge write-down risks at some firms.

Oct 27, 2016, 11:09 AM IST

Mistry's exit a blip in Tata's long, illustrious history

Amit Kapoor and Sankalp Sharma/IANS

Oct 27, 2016, 11:03 AM IST

Tata Power arm closes USD 30-mn stake sale in OTP Geothermal

Tata Power today said its Singapore-based subsidiary Tata Power International Pte (TPIPL) has completed sale of its 50 per cent stake in OTP Geothermal Pte to KS Orka Renewables (KS Orka) for USD 30 million.

Aug 16, 2016, 18:54 PM IST
Delhi govt mulling revoking licences of BSES discoms

Delhi govt mulling revoking licences of BSES discoms

The Delhi government is considering revoking the licences of BSES discoms due to their "dismal" performance.

Jun 20, 2016, 13:25 PM IST
Power tariff likely to go up by 8-10%: Know why!

Power tariff likely to go up by 8-10%: Know why!

Power tariff is likely to increase by 8-10 percent in the country after Coal India decided to hike the commodity's prices, Tata Power CEO and Managing Director Anil Sardana has said.

Jun 12, 2016, 11:32 AM IST

Working towards a technology which enables consumer to control electrical appliances at home sitting in office: TPDDL CEO Praveer Sinha

We are below 9 percent now. The losses have been brought down from 53 percent when Tata Power took over in 2002.

May 22, 2016, 23:13 PM IST
Buyout group to back rival's bid for Tata's UK steel assets - Sources

Buyout group to back rival's bid for Tata's UK steel assets - Sources

Excalibur Steel, a management buyout group interested in purchasing Tata Steel`s British steelmaking operations, is ready to lend its support to rival bidder Liberty House, two industry sources told Reuters on Sunday.

May 22, 2016, 22:48 PM IST