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Tata Power

Tata Power, Asian Development Bank ink pact for $4.3-billion finance

Tata Power, Asian Development Bank ink pact for $4.3-billion finance

Thu, Nov 21, 2024

A memorandum of understanding has been signed with ADB at Baku, Azerbaijan, Tata Power said.

Tata Power, Bhutan's Druk Green Power Corp to develop 5,000 MW clean energy projects

Tata Power, Bhutan's Druk Green Power Corp to develop 5,000 MW clean energy projects

Wed, Nov 20, 2024

Tata Power on Tuesday said it has entered into a strategic partnership with Bhutan's Druk Green Power Corporation Ltd (DGPC) for the development of 5,000 MW of clean energy capacity in the Himalayan nation. DGPC, is a subsidiary of Druk Holding and Investments Ltd, the sole generation utility of Bhutan.

Suzlon, Tata Power, IREDA: Government’s big move draws attention to these Stocks; check here

Suzlon, Tata Power, IREDA: Government’s big move draws attention to these Stocks; check here

Sun, Nov 17, 2024

India’s renewable energy capacity has crossed 200 GW, heading towards the 500 GW target by 2030. The government’s new task force proposal could lead to more growth in the sector, benefiting listed stocks. The listed companies in this sector have provided impressive multibagger returns in the stock market, and the government’s new announcement could bring even more action in this space. Take a look.

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Tata stocks gain as Cyrus Mistry resigns from boards

Tata stocks gain as Cyrus Mistry resigns from boards

Tue, Dec 20, 2016

Mistry resigned from entire Tata Companies. He was on board of seven listed Tata companies namely - Tata Chemicals, Tata Consultancy Services, Tata Motors, Tata Steel, Indian Hotel, Tata Teleservices and Tata Power.

Tata stocks in focus as Cyrus Mistry resigns

Tata stocks in focus as Cyrus Mistry resigns

Tue, Dec 20, 2016

Tata Sons`ousted chairman Cyrus Mistry in a surprise move late on Monday said he was resigning from the boards of all listed Tata companies, but he vowed to keep fighting to improve governance within the $100 billion software-to-salt conglomerate.

Fight was not for position but for long-term reforms of Tata Group: Mistry

Fight was not for position but for long-term reforms of Tata Group: Mistry

Mon, Dec 19, 2016

From tomorrow these companies were set to hold EGMs to decide on the removal of Mistry.

Tata Power appoints S Padmanabhan as Additional Director

Tata Power appoints S Padmanabhan as Additional Director

Sat, Dec 17, 2016

Tata Power on Friday said that S Padmanabhan has been appointed as Additional Director of the company. Padmanabhan's appointment would be effective from December 16, 2016, Tata Power said in a statement.

Tata Industries removes Cyrus Mistry as director; no more chairman

Tata Industries removes Cyrus Mistry as director; no more chairman

Mon, Dec 12, 2016

Cyrus Mistry was on Monday removed as director of Tata Industries following shareholders' vote, the first such instance of the embattled executive being ousted from the board since his removal as Tata Group chairman.

Cyrus Mistry says Vijay Singh cooking up stories to defend Tata

Cyrus Mistry says Vijay Singh cooking up stories to defend Tata

Mon, Dec 12, 2016

Cyrus Mistry on Sunday escalated his war of words with Tatas by accusing Vijay Singh, a nominee director on the Tata Sons board, of cooking up theories "to defend his role in the conspiracy" hatched by Ratan Tata to sack him as the chairman.

Cyrus Mistry seeks shareholders support to stay on Tata Power's board

Cyrus Mistry seeks shareholders support to stay on Tata Power's board

Sun, Dec 11, 2016

Seeking support of Tata Power shareholders against promoters' proposal to remove him from the board, Cyrus Mistry has said that the company fared better than most of its competitors during his tenure.

Mistry is violating his self-propounded rules, not us, says Tata Sons

Mistry is violating his self-propounded rules, not us, says Tata Sons

Wed, Dec 07, 2016

In yet another move to exile the already ousted Cyrus Mistry, Tata Sons pointed out on Tuesday night that Mistry is violating the guidelines that at one time he had advocated for.

Tata Power to shareholders: Brand 'Tata' more important than Mistry

Tue, Dec 06, 2016

In an attempt to remove Cyrus Mistry, ex-chairman of Tata Sons, Tata Power has asked its shareholders on Tuesday to vote out the already ousted chairman for fear of loss of the company’s brand.

Board fights will have no impact on Tata Group, Moody's says

Board fights will have no impact on Tata Group, Moody's says

Wed, Nov 30, 2016

Kaustubh Chaubal, a Moody's Vice President and Senior Analyst said, "We expect that Tata Sons can continue to extend support to its key operating companies, should the need arise, owing to its substantial cash holdings and the significant value of its listed equity investments, and despite an ongoing boardroom reshuffle."

Tata Power reports net profit of Rs 336 crore in Q2FY17

Tata Power reports net profit of Rs 336 crore in Q2FY17

Tue, Nov 29, 2016

Tata Power on Tuesday announced its financial quarter results.

Stress levels for imported coal-based power plants set to rise

Stress levels for imported coal-based power plants set to rise

Mon, Nov 07, 2016

In FY16, the overall dependence of imported coal in the country declined.

Tata Group turmoil: Is it time to rejig your mutual funds portfolio?

Tata Group turmoil: Is it time to rejig your mutual funds portfolio?

Sat, Oct 29, 2016

With the ongoing saga at the Bombay House, Tata Group companies have lost nearly Rs 55,000 crore of investors' money in the past week.

Cyrus Mistry denies Tata Group's claim on Welspun Power buy

Cyrus Mistry denies Tata Group's claim on Welspun Power buy

Sat, Oct 29, 2016

Stepping up his attack on the Tata Group in general and Ratan Tata in particular, ousted chairman Cyrus Mistry, on Friday, denied group's claim that the board was not properly consulted on Tata Power's purchase of Welspun Power in June.

Mistry woes continue: Says surprised by Tata's justification of his dismissal

Mistry woes continue: Says surprised by Tata's justification of his dismissal

Sat, Oct 29, 2016

The war of words between Tata Sons and its ousted Chairman Cyrus Mistry ratcheted up a notch late on Friday, with Mistry stating he was surprised with reasons given by the Indian conglomerate for his dismissal.

Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Mon, Oct 24, 2016

Mistry had took over the seat four years back, in December 2012, when Ratan Tata decided to become 'angel' for startups.

Tata Power completes Welspun Renewable Energy acquisition

Tata Power completes Welspun Renewable Energy acquisition

Thu, Sep 15, 2016

Welspun Enterprises Ltd announced in a BSE filing on Thursday that Tata Power Renewable Energy has completed acquisition of 100% shareholding of Welspun Renewable Energy. The company now indirectly holds only 13.66% equity stake in Welspun Renewable Energy services.

Tata Power, ICICI Venture partner to launch power platform with global investors

Tata Power, ICICI Venture partner to launch power platform with global investors

Fri, Sep 09, 2016

It said in a statement,"Tata Power International Pte has entered into a subscription agreement to invest in Resurgent Power Ventures (RPV) - a power platform created to facilitate investment in power projects in India."

Tata Power’s consumer base crosses 2 million milestone in India

Tata Power’s consumer base crosses 2 million milestone in India

Thu, Aug 25, 2016

Tata Power announced on Thursday that its consumer base has crossed two million in India. In FY16 Tata Power's consumer base in Mumbai increased to over 6.64 lakh, and in Delhi it went up to over 15.15 lakh consumers, the company said in a statement.

Tata Power Q1 net profit declines by 76% on adoption of Ind-As; shares down by 3%

Tata Power Q1 net profit declines by 76% on adoption of Ind-As; shares down by 3%

Tue, Aug 23, 2016

Tata Power - India's largest integrated power company reported consolidated net profit of Rs 72.49 crore for quarter ended June, 2016, witnessing decline of 76.08% from Rs 303.14 crore in the corresponding period of the previous year.

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