ReNew Power, NTPC eye PTC India’s wind power business

Mumbai: ReNew Power Ltd, India’s largest clean energy company, and state-run power utility NTPC Ltd have shown interest in the ongoing sale process of PTC India Ltd’s wind power business, said two people aware of the development, requesting anonymity. “ReNew Power and NTPC have been involved in talks with the company for the last few weeks and […]

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Reliance Infrastructure sells Mumbai power business to Adanis for Rs 18,800 cr

Reliance Infrastructure today signed an agreement to sell its Mumbai power business to Adani Transmission for a total consideration of Rs 18,800 crore. Reliance Infrastructure (RInfra) announced the signing of a Definitive Binding Agreement with Adani Transmission (ATL) for 100 per cent stake sale of its Mumbai power business, which includes integrated business of generation, transmission and distribution […]

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Apple Said to Plan Dedicated Chip to Power AI on Devices

HIGHLIGHTS Apple could be building artificial intelligence-based chips for iPhones Apple is striving to catch up with rivals like Google & Amazon in AI Apple may choose to discuss some of its latest advancements at WWDC 2017 Apple Inc. got an early start in artificial intelligence software with the 2011 introduction of Siri, a tool […]

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NTPC, Nalco to set up power, aluminium plants for Rs36,000 crore

Nalco chairman and MD Tapan Kumar Chand said construction of the power plants and the aluminium production unit will be completed in four years. Photo: Mint New Delhi: State-owned power producer NTPC Ltd and aluminium producer National Aluminium Co. Ltd (Nalco) on Friday signed a deal to jointly set up a 2.4 giga watt (GW) […]

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Is Your Angel Investor Playing Power Ball or Money Ball?

Sophisticated investors in high potential start-up companies generally take one of two approaches to angel investing, which I call “power ball” and “money ball”. Either of these approaches can yield high financial returns, but their success requires angels to stick to the rules of the game they are playing. Investors do poorly when they confound […]

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Is Your Angel Investor Playing Power Ball or Money Ball?

Sophisticated investors in high potential start-up companies generally take one of two approaches to angel investing, which I call “power ball” and “money ball”. Either of these approaches can yield high financial returns, but their success requires angels to stick to the rules of the game they are playing. Investors do poorly when they confound […]

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Moto E3 Power With 3500mAh Battery Goes on Sale

HIGHLIGHTS It is priced at roughly Rs. 9,500 The Motorola E3 Power offers 16GB of inbuilt storage It support dual-SIM slots Motorola unveiled the Moto E3 smartphone in July, revealing a few specifications, a price tag of GBP 99 (roughly Rs. 8,800), and early September availability in the UK. Now, a variant called the Moto […]

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Adani Power To Set Up 1 Million Tonnes Copper Plant In Mundra

Hyderabad: Adani Enterprises is in the process of setting up a copper smelter project with a capacity of one million tonnes per annum at an investment of Rs 10,000 crore at Adani Port Special Economic Zone (APSEZ) in Gujarat. The project includes copper smelter, sulphuric acid plant, copper refinery, continuous cast copper wire rod plant, […]

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