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Tata Power proposes tariff revisions in Mumbai with sharpest jump for lower end consumers

Tata Power proposes a "rationalization" of tariffs, which could lead to a sharp increase in power rates for lower-end consumers. The utility plans to raise the rate per unit from Rs 3.74 to Rs 7.37 for consumers using up to 100 units per month, and from Rs 5.89 to Rs 9.31 for those using between 101-300 units. The increase is justified as the earlier tariff structure was stayed and a rationalization is needed to address the subsidy imbalance between high-end and low-end consumers. Stakeholders have 15 days to provide feedback on the proposal. ....

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Mercer International (NASDAQ:MERC) Upgraded at StockNews.com

StockNews.com upgraded shares of Mercer International (NASDAQ:MERC – Free Report) (TSE:MRI.U) to a sell rating in a report released on Tuesday morning. Other research analysts have also issued reports about the stock. TD Securities raised their target price on shares of Mercer International from $9.00 to $10.00 and gave the company a hold rating in […] ....

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Mercer International Inc. (NASDAQ:MERC) Receives Average Recommendation of "Hold" from Brokerages

Mercer International Inc. (NASDAQ:MERC – Get Free Report) (TSE:MRI.U) has been given a consensus recommendation of “Hold” by the six research firms that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating. The average twelve-month target price among analysts that have issued a report on the stock in […] ....

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Brokerages Set Mercer International Inc. (NASDAQ:MERC) Price Target at $8.92

Shares of Mercer International Inc. (NASDAQ:MERC – Get Free Report) (TSE:MRI.U) have been assigned an average recommendation of “Hold” from the six research firms that are presently covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation. The average 12 month price objective among analysts that have updated their […] ....

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