Power
Toshiba sells Westinghouse to Canada’s Brookfield for $4.6 billion
06 Jan 2018
Bankrupt US nuclear firm Westinghouse Electric Co, which nearly brought its parent company Japan’s Toshiba on the brink of collapse, is being sold to Canadian buy-out firm Brookfield Business Partners
Reliance Infra to sell its Mumbai power assets to Adani for $2.93 bn
21 Dec 2017
The transaction marks Adani Group’s entry into the power distribution sector in Mumbai and an increase in the group’s footprint in the power transmission
Adani ends tie-up with Downer, to go it alone on Australian project
19 Dec 2017
In a setback to Adani, the newly-elected Queensland government led by Premier Annastacia Palaszczuk last week vetoed a A$900-million concessional loan for the construction of a rail line for Adani's Carmichael coal mine project
Coal scam: Ex-Jharkhand CM Koda, former coal secy get 3-year jail
16 Dec 2017
While all four accused were granted statutory bail for a period of two months to enable them to file appeals in the Delhi High Court, Koda would, however, remain barred from electoral politics in the light of a 2013 Supreme Court judgement