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4 hours ago

Several visitors from Mumbai are safe in flood-ravaged Uttarakhand

Source: Times of India | Jun 19 2013, 6:18pm CDT

MUMBAI: As the clouds lifted on floodravaged Uttarakhand on Wednesday, several families in Mumbai were relieved to hear that their relatives had safely reached various base camps. The army and air force stepped in to airlift stranded pilgrim ...

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Gallery: Mumbai (10 images)

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Quote:
"We have dispatched the list of such colleges to DTE and they told me that they were seeking legal opinion. We have also send them Nagpur bench of Bombay High Court's orders. ARCs are decided by DTE in Mumbai and not here. There's still time for option form filling process"

Source: Times of India

Who is this Celebrity?

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6 hours ago

Mumbai police for second cyber crime station

Source: Times of India | Jun 19 2013, 3:52pm CDT

MUMBAI: The Mumbai police have asked the state government to set up a second cyber crime police station in the city after the latest National Crime Records Bureau report showed a worrying three-fold increase in online o ...

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Mumbai Infra | Shruti Narayan

National Geographic - Megacities : Mumbai Part 1
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Moving Mumbai into the Future
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6 hours ago

Mumbai University not to conduct exams?

Source: Times of India | Jun 19 2013, 3:43pm CDT

MUMBAI: The Mumbai University has proposed to palm off its vital duty of conducting exams to colleges and departments that run the courses. It has drawn up a list of 87 certificate and postgraduate program ...

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8 hours ago

Odisha police nabs Seashore CMD from Mumbai

Source: Zee News | Jun 19 2013, 2:22pm CDT

Bhubaneswar: The Crime Branch of Odisha Police on Wednesday arrested the CMD of Seashore Group, Prasant Das from Mumbai on charge of duping small investors of crores of rupees, a senior police officer said. Das, who was on the run after several ...

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Rise in depression among the young in Mumbai

Source: Times of India | Jun 19 2013, 1:43pm CDT

Depression is one of the causes cited for 25-year-old actress, Jiah Khan's recent suicide. City psychiatrists and psychologists say that they have clinically depressed patients as young as six and some o ...

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9 hours ago

Mumbai fights for Bijlee, age 58, weight 5 tonnes

Source: NDTV | Jun 19 2013, 1:09pm CDT

Mumbai: Bijlee, a 58-year-old elephant, collapsed under her own weight on June 11 in suburban Mulund. Weighing 5000 kilograms, the pachyderm is suffering from degenerative joint disease brought on by her obesity. She now needs to go on a crash di ...

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10 hours ago

Murder mystery: Mumbai cops in Kolhapur

Source: Times of India | Jun 19 2013, 11:56am CDT

The government of Maharashtra on Tuesday issued directions to the joint commissioner of police (crime) Himanshu Roy to immediately form a team to help the local police. The nine mysterious murders in Kolhapur in less than a month had rocked t ...

Continue reading on: Times of India More like this

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10 hours ago

Man held in Mumbai for online fraud

Source: Times of India | Jun 19 2013, 11:54am CDT

Devkumar Singh, a resident of Delhi was arrested by the cyber cell after the investigations showed that he was one of the recipient of Rs 4.5 lakhs which was illegally transferred from the accounts of Bank of Maharashtra through online tran ...

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11 hours ago

More than 1000 people washed away in front of our eyes: Kedarnath victim's last call to brother in Mumbai

Source: IndiaTVNews.com | Jun 19 2013, 11:37am CDT

Mumbai/Rishikesh, Jun 19: With most of the areas in Uttarkhand still cut off due to flood and landslides, and with both the Centre and state government in the dark about the exact number of casualties, an emotional last phone call from a wom ...

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11 hours ago

Cabinet may take up third Mumbai metro corridor

Source: Zee News | Jun 19 2013, 11:19am CDT

New Delhi: The Union Cabinet is likely to consider a proposal to build a third metro corridor in Mumbai, which would run from Colaba to Bandra and Santacruz, in its meeting on Thursday. Sources said the Urban Development Ministr ...

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13 hours ago

Naik appointed chairman of selectors of senior Mumbai team

Source: Rediff | Jun 19 2013, 9:18am CDT

The Mumbai Cricket Association (MCA) appointed former India opener and state captain Sudhir Naik as the chairman of the selection panel after national chief selector Sandeep Patil had resigned from the post in April. The 67-year-old former India op ...

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13 hours ago

Indian man beats five security checkpoints in Mumbai and Abu Dhabi, enters UAE on his namesake’s passport

Source: Gulfnews | Jun 19 2013, 8:54am CDT

Abu Dhabi: In a major security lapse, an Indian worker has landed in Abu Dhabi with the passport and visa of his namesake, XPRESS has learnt. Mohammad Vasim, 31, who arrived here on April 4, was reportedly given the passport and visa of ano ...

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21 weeks ago

JSW Energy posts over Rs.3 bn Q3 profit

Jan 23 2013, 8:11am CST | by Luigi Lugmayr

Mumbai, Jan 23 (IANS) Power producer JSW Energy Wednesday reported a net profit of Rs.3.12 billion for the fiscal's third quarter as compared to a net loss to Rs.817 million in the corresponding period last year on account of higher tariff and lower fuel costs.

Mumbai, Jan 23 — Power producer JSW Energy Wednesday reported a net profit of Rs.3.12 billion for the fiscal's third quarter as compared to a net loss to Rs.817 million in the corresponding period last year on account of higher tariff and lower fuel costs.

Consolidated total income from operations for the quarter ending December 2012 stood at Rs.23.65 billion, up 34 percent over the like period of the previous year.

The company's plant load factor improved to 91.34 percent in the third quarter of fiscal year 2013 as against 82.3 percent in the like quarter of fiscal 2012.

During the quarter, the operating profit margin increased 2.48 times to 27.65 percent from 11.13 percent for the same period last year.

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 139 percent year-on-year to Rs.8.37 billion.

Net generation grew by 20 percent year-on-year to 4,770 million units during the quarter.

"The company achieved the highest quarterly net generation on the back of improved operations in all the three plants," said JSW Energy managing director Sanjay Sagar.

The company's standalone fuel costs went down by 4 percent and consolidated fuel cost was down 2 percent over the like quarter of last year.

For the Indian power sector, while retail tariff revision has been undertaken by most state distribution companies, adequate fuel supply remains a critical issue.

Towards ensuring fuel security JSW Energy has acquired majority stake in South African Coal Mining Holding Limited having 13 million tonnes of coal reserves.

At the Bombay Stock Exchange, shares of the company gained 2.59 percent to close at Rs.73.55 over its previous close of Rs.71.55.

IANS

Source: IANS

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Luigi Lugmayr
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

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