The RP-Sanjiv Goenka Group flagship company CESC has posted a 36.49 per cent rise in net profit at Rs 101 crore for the quarter ended December, 2012 compared to a net profit of Rs 74 crore during the corresponding period last year.
The RP-Sanjiv Goenka Group flagship company CESC has posted a 36.49% rise in net profit at Rs 101 crore for the quarter ended December, 2012 compared to a net profit of Rs 74 crore during the corresponding period last year.
Tata Power and Calcutta Electric Supply Corporation (CESC) have signed separate agreements with the Jharkhand government on Tuesday to take over the power distribution system in the steel city Jamshedpur and the state capital, Ranchi.
RP-Sanjiv Goenka group’s flagship company CESC Ltd is set to hike power tariff in Kolkata for the third time this year by 6 paise, following a green signal from the West Bengal Electricity Regulatory Commission on Monday.
CESC Limited and Tata Power will sign separate agreements with Jharkhand State Electricity Board (JSEB) on December 5 for taking over power supply to the state capital – Ranchi and the steel city – Jamshedpur.
RP-Sanjiv Goenka group’s flagship company CESC Ltd is set to hike power tariff in Kolkata for the third time this year by 6 paise, following a green signal from the West Bengal Electricity Regulatory Commission today.
The RP-Sanjiv Goenka Group flagship company CESC has posted a 19.3 per cent rise in net profit at Rs 136 crore for the quarter ended September, compared with a net profit of Rs 114 crore during the corresponding period last year.
Power utility CESC Ltd today posted 19% rise in profit after tax to Rs 136 crore in the July-September quarter on the back of "better efficiency and cost management".
CESC has been in the news recently for acquiring BPO firm, Firstsource Solutions and secondly its plans, including a possible listing of its wholly owned subsidiary, Spencer's Retail.
CESC is trading higher by 3% at Rs 291 on reports that the company is planning to demerge its retail business, Spencer's Retail into separate listed entity.
A day after power and retail giant CESC announced its plan to acquire 49.5 per cent stake in business process outsourcing (BPO) firm Firstsource Solutions for Rs 400 crore, the Street gave the move the thumbs down.
Power and retail giant CESC plans to acquire about 49.5% stake in BPO firm Firstsource Solutions for Rs 400 crore and garner another 26% stake via open offer.
CESC Limited has tanked 13% to Rs 289 after the company announced the acquisition of 49.5% stake in business process outsourcing (BPO) firm, Firstsource Solutions (FSL) through its wholly-owned subsidiary, SpenLiq.
The power demand in the CESC distribution area has jumped by 11 per cent in just 30 days due to soaring temprature. "The demand for power has crossed 1900 MW mark from 1700 MW a month ago," a CESC spokesperson said.
CESC is trading higher by 4% at Rs 273 after the company said it has acquired Indiabulls Group's outfits engaged in developing two separate hydropower projects in Arunachal Pradesh.
