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16 October, 2018 3:31 PM IL&FS faces more embarrassment as Ind-Ra downgrades MF schemes

Crippled IL&FS group faced more embarrassments after India Ratings downgraded its various mutual fund schemes and placed them on a rating watch negative (RWN) on October 16. The agency downgraded three series-1, three series- 2 and two series -3 mutual fund schemes of the group, "due to the deterioration in the underlying portfolio quality of the schemes 35

7 October, 2018 9:01 AM Arun Jaitley To Use Development Funds On Works In Gandhi Family Bastion

A Rajya Sabha Member of Parliament can recommend works in one or more districts in the state from where the parliamentarian has been elected Finance Minister Arun Jaitley will spend his Member of Parliament area development funds on Rae Bareli, a move being seen as an attempt by the BJP to breach the Gandhi family's stronghold in the 2019 Lok Sabha elections 61

3 October, 2018 12:39 PM IFC extends Rs 1,000 cr green loan to Aditya Birla Finance

International Finance Corporation (IFC), a World Bank group member, extended a seven-year long-term loan of Rs 1,000 crore to Aditya Birla Finance (ABFL). ABFL, the NBFC arm of Aditya Birla Capital, would use the proceeds to finance renewable energy projects and help the country move towards its target of 175 GW of renewable energy capacity by 2022. "This 53

2 October, 2018 2:23 AM Gandhi Jayanti: PM To Focus On Mahatma Gandhi's Vision For A Clean India

Gandhi Jayanti: October 2 will mark the beginning of the 150th anniversary celebrations of Mahatma Gandhi. PM Modi will participate in events related to sanitation and renewable energy. Prime Minister Narendra Modi will pay homage to Mahatma Gandhi on his 149th birth anniversary today and attend programmes related to sanitation and renewable energy 87

1 October, 2018 4:02 AM Saudi Arabia shelves $200 billion SoftBank Solar project: Report

Saudi Arabia has shelved a $200 billion plan with SoftBank Group Corp to build the world's biggest solar-power-generation project, the Wall Street journal reported on Sunday, citing Saudi government officials. No one is actively working on the project, and instead, the Saudi kingdom is working up a broader, more practical strategy to boost renewable 59

27 September, 2018 12:35 PM Poor and marginalised people ultimate victims of climate injustice, says PM Narendra Modi after getting UN award

PM Modi along with five other world's most outstanding environmental changemakers has been given the Champions of the Earth Award. NEW DELHI: Prime Minister Narendra Modi on Thursday dedicated UN's highest environmental honour bestowed on him to the people of India. Speaking about the impact of environmental changes, the PM said that the struggle with nature 60

26 September, 2018 5:02 AM Adani Green Energy rises nearly 5% as co wins tender for 300 MW wind generation project

Shares of Adani Green Energy added nearly 5 percent intraday Wednesday as company won tender for setting up a 300 MW wind generation project. The project is to be set up anywhere in India and connected through Inter State Transmission System (-ISTS). The tender was floated by Solar Energy Corporation of India (SECI) and which shall also be the PPA counterparty 58

18 September, 2018 2:51 PM State Bank of India to install solar panels over 10,000 ATMs in 2 years

In a step towards becoming carbon neutral, country's largest lender State Bank of India (SBI) is looking to install solar panels over around 10,000 ATMs across the country in the next two years, a senior official said. Currently, nearly 1,200 of the bank's ATMs are running on solar power. "We are going to take this number to up to 10,000 ATMs in the next two years 44

13 September, 2018 9:05 AM Patanjali launches cow milk, mineral water bottle and range of frozen vegetables

New Delhi: Baba Ramdev's Patanjali Ayurved Thursday forayed into dairy, mineral water and frozen vegetable segment by launching five products range. Patanjali's dairy products include cow milk, curd, chach and paneer. Frozen vegetables range include peas, mix veg, sweet corn and potato finger. Other segments include cattle feed and feed supplements 66

11 September, 2018 6:22 AM Suzlon inks JV with CLP India for two solar projects in Maharashtra

CLP India has the option to acquire the balance 51 percent stake in the future, it added. Wind turbine maker Suzlon Tuesday announced a joint venture (JV) with CLP India for two solar projects with of 50 megawatt (MW) and 20 megawatt (MW) in Dhule, Maharashtra. "As per the agreement signed between CLP India and Suzlon Group on September 10, 2018, CLP India 136