Towards Efficient Electricity Market… (Part 2)
Among the major stages in the evolution of power sector is establishment of Power Exchanges in 2008. The absence of a trading platform, or a market place, for electricity was…
Consolidation in Industries – What drives it..??
The merger of Reliance Communications with Aircel adds to the list of industries witnessing significant consolidation. Other recent ones are Cement with buy-out of Jaiprakash Associates’ by Ultratech and a number…
Jaiprakash Associates – What went wrong.??
Jaiprakash Associates (JAL) hogged lot of limelight last week when it declared its results although not for good reasons. The company reported defaulting on its principal and repayment dues almost…
GMR Energy – Is the divestment enough…
Divestment of 30% stake in GMR Energy is part of GMR Group’s effort to deleverage its balance sheet, reduce interest burden and bring about some stability to group’s finances. However,…