The performance of Standard & Poor’s 500-stock index has been worse in the last 12 years. Since the technology bubble burst in 2000, the S&P 500-stock index has been seeing downfall. However, based on the Dow Jones US Select Dividend index, shares of those companies that paid dividends returned an average of 8% a year […]
The Union Coal Ministry had advocated the change of pricing mechanism of Coal India Ltd in October 2011. The company (Coal India Ltd. – CIL) is now set to introduce the internationally-accepted gross calorific value (GCV) based mechanism for Coal pricing in India. Earlier the prices were decided based on the seven useful heat value […]
Essar Power is planning to enter the electricity distribution business and become an integrated power company. Essar Group spokesperson told that the company has already applied for licenses in both Maharashtra and Bihar. However a final decision and bidding commitment will be made only after a detailed analysis of the opportunity. A license application was […]
