Shares of Jindal Steel and Power Ltd fell as much as 15.7% to Rs.248.15, Hindalco Industries Ltd fell 11.7% to Rs.160.8, Sesa Sterlite Ltd fell 4.5% to Rs.278.60, Tata Steel Ltd fell 5.2% to Rs.509.55.
Maharashtra`s biggest power discom MSEDCL on Sunday said that it has had to effect two to five hours of `load shedding` across the state today owing to technical issues at some private sector generating stations and a dip in supply from the central grid.
AAP today accused Reliance Infrastructure (RInfra) and Tata Power of misrepresenting taxes and putting a burden of Rs 434 crore on consumers over the last three years, a charge strongly denied by the two private power distribution companies.
Tata Power Delhi Distribution Ltd, one of the three private discoms, Tuesday the Delhi High Court against a single judge bench order refusing to stay the city government`s decision asking the Comptroller and Auditor General (CAG) of India to audit its accounts.
Tata Power on Wednesday welcomed Delhi Government`s announcement of providing 50 per cent subsidy on power consumption up to 400 units, saying it was a "good move" which will provide relief to majority of the consumers in the city.
The Global Depository Receipts of three Indian cos -- Tata Steel, Tata Power and Suzlon Energy -- worth USD 943 million (about Rs 4,540 crore) have started trading on the depository receipts platform of the London Stock Exchange.