Asian markets open mixedAsian markets opened mixed. According to Bloomberg, while equities in Tokyo and Sydney climbed, South Korean shares dropped in the morning trade. With rising commodity prices and the lingering effects of demonetization, earnings prospects for most companies are anything but rosy, analysts say. NLC shortlists GMR, Ind-Barath power projects for acquisitionIn deals potentially valued at around Rs12,000 crore, state-owned NLC India Ltd has shortlisted for acquisition GMR Group’s 1,370 megawatt (MW) coal power project in Chhattisgarh and Ind-Barath Power Infra Ltd’s 700MW plant in Odisha, reports Mint. Reliance Power may seal Bangla project todayLastly, Reliance Power Ltd may seal the power purchasing agreement with Bangladesh Power Development Board on Monday to get the first phase of its proposed power project and liquid gas import terminal in Bangladesh off the ground, reports The Times of India.

Source: Mint April 10, 2017 02:26 UTC