In Brief

RInfra discoms to recover Rs 21K cr in power dues

New Delhi: Reliance Infrastructure (RInfra) on Friday announced that its power distribution companies, BSES Yamuna Power Ltd and BSES Rajdhani Power Ltd, would recover Rs 21,413 crore in regulatory assets over the next four years, following a Supreme Court ruling.

The two discoms, which supply electricity to 5.3 million households in Delhi, are among a group of private utilities set to benefit from the apex court’s directive to clear long-pending regulatory dues.

Tariff jitters drag Sensex below 80K

Mumbai: Equity benchmark index Sensex fell nearly 1 per cent on Friday, slipping below the 80,000 mark, amid mounting concerns over the impact of additional US tariffs. Foreign Institutional Investors had offloaded equities worth Rs 4,997.19 crore on Thursday.

Gold climbs Rs 800 to scale new record

New Delhi: Gold prices climbed by Rs 800 to hit a fresh all-time high of

Rs 1,03,420 per 10 g in the national capital due to persistent buying by stockists. In the last five sessions, the yellow metal’s prices have risen by Rs 5,800 per 10 g.