Mahagenco-NTPC top bidder for Sinnar Thermal

A consortium of Mahagenco and NTPC has emerged as the leading bidder, at ₹3,800 crore, to take over the 1,350 MW Sinnar Thermal Power plant. The plant, a subsidiary of RattanIndia Power, is currently defunct and has unresolved coal supply issues and right-of-way problems.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As