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Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking and the largest government-owned electrical/ industrial technology company. It is owned by the Government of India , with administrative control by the Ministry of Heavy Industries .
The project comprises two stages. The EPC contractor for State-1 of 1,980MW (3x660 MW) is Russian firm TPE, and for Stage-2 of 1,320MW (2x660 MW) is BHEL. Stage-1 being built with equipment from TPE is delayed as TPE is asking for more money. In November 2013, 660 MW unit 4 of Stage-2 being built by BHEL got synchronized with the grid. [15]
The immediate impact was a drastic fall in share prices and market index, causing a breakdown of the securities control system operation with the commercial banks and the RBI. [21] Around ₹35 billion from the ₹2,500 billion market was withdrawn, causing the share market collapse.
On 10 January 2013, the National Stock Exchange signed a letter of intent with the Japan Exchange Group, Inc. (JPX) on preparing for the launch of NIFTY 50 Index futures, a representative stock price index of India, on the Osaka Securities Exchange Co., Ltd. (OSE), a subsidiary of JPX. [46]
The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
Raghav Bahl is an Indian businessman, a serial entrepreneur, and an investor best known for his past ownership of several television channels, including TV18 India. He was the Founding/Controlling shareholder & managing director of Network18 Group, a media group that he started in 1993 and grew into one of the largest collection of media properties in India.
It was founded on 9 January 1974 and is one of the 17 manufacturing units of the Bharat Heavy Electricals Limited (BHEL) Corporation. It is located on NH-44 , 15 km south of Jhansi city. The Jhansi unit is spread in 1,064 acres (431 ha), which includes 519 acres (210 ha) of township having large green cover and excellent amenities.
Acquiring a controlling number of shares sometimes requires offering a premium over the current market price per share in order to induce existing shareholders to sell. It is made through a tender offer with specific terms, including the price. [2] Higher control premiums are often associated with classified boards. [3]: 165