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NTPC ready to buy gas from RIL,opposes paying marketing margin
State-run NTPC has agreed to buy natural gas from Reliance Industries but is opposed to paying marketing margin to the private firm and wants to use the fuel at plants other than Kawas and Gandhar that were identified by the government.

Petronet to set up power plant in Kerala
Petronet LNG will be setting up 1,068 Mw capacity power plant at nearby Puthuvypu at an estimated cost of Rs 3,250 crore, a top official said.

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Aditya Birla Capital Advisers raises Rs 675 cr
Aditya Birla Capital Advisers, the private equity arm of Aditya Birla Financial Services Group, today announced closure of its first fund with the investment commitment of about Rs 675 crore.
Public Relations

Sensex off day's low

The Sensex after touching a low of 17,028, has recovered a bit and is now down 100 points at 17,080. The NSE Nifty is down 37 points at 5,066. Reliance Communications and Tata Motors are the other significant gainers. The market breadth is neutral - out of 2,639 stocks traded so far, 1,276 have advanced and 1,259 have declined.


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