GOOD EVENING INDIA

September 20, 2018, Thursday

Your Evening News Updates From Across The Media Space

‘Charge’ Is The Key To Change In Electric Vehicle Revolution

‘Charge’ Is The Key To Change In Electric Vehicle Revolution

The stated objective of the government to have 30 per cent electric vehicles (EV) by 2030 is an ambitious target given the current state of the EV ecosystem.

Read more

ICICI Bank CEO Chanda Kochhar’s Residence Now Under Income-Tax Department’s Lens

ICICI Bank CEO Chanda Kochhar’s Residence Now Under Income-Tax Department’s Lens

After ICICI Bank CEO Chanda Kochhar went on an indefinite leave, the income tax department is looking into complex transactions relating to purchase of her residence in South Mumbai.

Read more

JSW Steel plans to bid for ArcelorMittal's Romanian plant, will compete with Ukraine’s Metinvest and Italy’s Marcegaglia

JSW Steel plans to bid for ArcelorMittal's Romanian plant, will compete with Ukraine’s Metinvest and Italy’s Marcegaglia

India’s biggest steelmaker JSW Steel is expected to make a bid for ArcelorMittal’s Galati plant in Romania, three sources told Reuters, potentially competing against Ukraine’s Metinvest and Italy’s Marcegaglia.

Read more

India Imposes Retaliatory Tariffs On US, Here's What's Targeted

India Imposes Retaliatory Tariffs On US, Here's What's Targeted

India joined the European Union and other U.S. trading partners in retaliating against the Trump administration's tariff hikes on steel and aluminum Thursday by raising import duties on a variety of goods, including almonds, apples and some metal products.

Read more

Coal supply to power sector eases even as sponge iron, cement suffer

Coal supply to power sector eases even as sponge iron, cement suffer

The Hindu Business Line reported that consistent efforts to supply coal to the power sector on a priority basis have started paying off. But the non-power sector such as cement and steel is suffering from the low availability of domestic coal and spike in international prices

Read more

Foreign investments of Ratan Tata-linked RNT Associates under lens

Foreign investments of Ratan Tata-linked RNT Associates under lens

The Enforcement Directorate (ED) has sought information on offshore investments by directors of RNT Associates, a closely held firm which functions as a family office and investment vehicle of Ratan Tata.

Read more

ICRA upgrades rating outlook for Jindal power from Negative to Stable

ICRA upgrades rating outlook for Jindal power from Negative to Stable

Ratings agency ICRA has upraded the rating outlook for Jindal Steel and Power (JSPL) subisidiary Jindal Power from 'Negative' to 'Stable' as the parent company shows signs of turnaround in the last few quarters, JSPL said in a notification to the Bombay Stock Exchange (BSE).

Read more

EXCLUSIVE - Tesla to close a dozen solar facilities in nine states: documents

EXCLUSIVE - Tesla to close a dozen solar facilities in nine states: documents

Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.

Read more

RBI not to budge on new norms for stressed power companies

RBI not to budge on new norms for stressed power companies

The Reserve Bank of India has stuck to its stand that stressed power assets can be revived within the time frame spelt in its controversial February 12 circular, and that the new norms do not need any relaxation, which the industry has demanded.

Read more

Power plants seek extension of temporary coal supply agreements

Power plants seek extension of temporary coal supply agreements

Coal-fired power plants with total installed capacity of around 9,000 MW are asking for extension of temporary coal supply contracts for at least six years, since they have not been able to start production from the captive blocks allotted to them more than three years ago.

Read more

Coal in the crossfire: Chinese traders wary of being burnt by trade war

Coal in the crossfire: Chinese traders wary of being burnt by trade war

At least three U.S. coal shipments on their way to China may end up casualties of the escalating trade dispute after Beijing said it would impose steep tariffs that may kick in before the ships reach their destinations.

Read more

Government plans 4th tranche of CPSE ETF, scouts for advisors

Government plans 4th tranche of CPSE ETF, scouts for advisors

The government will launch the fourth tranche of the CPSE Exchange Traded Fund (ETF) and has started looking for merchant bankers to advise on the sale process.

Read more

Why GAIL Has Only One ‘Sell’ Rating

Why GAIL Has Only One ‘Sell’ Rating

Rising liquefied natural gas prices have made it profitable for GAIL (India) Ltd., the nation’s largest distributor, to sell the commodity in the domestic market.

Read more

Japan could cut Iranian oil import due to US sanctions

Japan could cut Iranian oil import due to US sanctions

Japanese oil refiners may have to stop loading Iranian crude oil from October 1 if Japan’s government does not secure an exemption from US sanctions to allow imports to continue, the president of the Petroleum Association of Japan (PAJ) said on Friday.

Read more

OPEC heads into showdown over oil output, with Saudi Arabia and Iran on different sides

OPEC heads into showdown over oil output, with Saudi Arabia and Iran on different sides

OPEC is scrambling to reach a deal over production policy amid heightened political tensions between some member states.

Read more

Petrol, diesel price on 22nd June 2018: Check out rates here city-wise

Petrol, diesel price on 22nd June 2018: Check out rates here city-wise

Petrol prices were reduced by 14 paise while diesel prices remained unchanged applicable from 6:00 a.m. on 22nd June 2018.

Read more

OPEC meeting in Vienna kickstarts today: Here's what you can expect

OPEC meeting in Vienna kickstarts today: Here's what you can expect

The biannual meeting of Organisation of Petroleum Exporting Countries (OPEC) in Vienna kickstarts on June 22 to decide a roadmap for their production output.

Read more

Govt planning to set up bio-CNG plants in rural India soon: Oil minister Pradhan

Govt planning to set up bio-CNG plants in rural India soon: Oil minister Pradhan

Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Thursday said there are plans to set up bio-Compressed Natural Gas (CNG) plants in India.

Read more

India's crude oil production dropped 3 per cent in May on lower ONGC output

India's crude oil production dropped 3 per cent in May on lower ONGC output

India's crude oil production dropped 3 per cent to just over 3 million tonnes in May on the back of dip in output from fields operated by state-owned ONGC.

Read more

Despite Threats From US, India Plans To Open Chabahar Port By 2019

Despite Threats From US, India Plans To Open Chabahar Port By 2019

India is trying to make Chabahar Port in Iran operational by 2019, the government said in a statement on Friday, despite a threat of renewed U.S. sanctions against Tehran.

Read more

No hike in Mumbai AC local train fare till Dec 24

No hike in Mumbai AC local train fare till Dec 24

There will be no hike in AC suburban train fares on Western Railway till December 24. WR chief spokesperson Ravinder Bhakar said India’s first AC local earned more than Rs 7 crore in six months.

Read more

Indian Railways orders probe after special booking facility for Indian Army misused

Indian Railways orders probe after special booking facility for Indian Army misused

Train journeys worth Rs 2 crore were undertaken illegally by misusing a special booking facility extended to the Army in Lucknow Cantonment, a railway investigation has found.

Read more

IRCTC launching own payment aggregator iPay: All you want to know

IRCTC launching own payment aggregator iPay: All you want to know

Customers willing to book tickets on IRCTC website will soon be able to make payments via IRCTC's own payment arm.

Read more

Railways now offers free WiFi at over 700 stations, covers 8 million people a month

Railways now offers free WiFi at over 700 stations, covers 8 million people a month

Indian Railways now offers free public WiFi service at more than 700 stations across India and it covers around 8 million people every month. The service is being offered in collaboration with tech giant Google.

Read more

RITES IPO fully subscribed on Day-2, issue to close today

RITES IPO fully subscribed on Day-2, issue to close today

The initial public offering (IPO) of Railways consultancy firm RITES (Rail India Technical and Economic Services Ltd) was fully subscribed on Day 2.

Read more

Rail Ministry seems in no mood to relent on recalling Officers from IPO-bound RVNL, wants officers back, right away!

Rail Ministry seems in no mood to relent on recalling Officers from IPO-bound RVNL, wants officers back, right away!

The Ministry of Railways seems in no mood to relent on recalling officers from Rail Vikas Nigam Limited, a PSU under its control, even as its means reduction in staff strength at the IPO-bound company.

Read more

YESTERDAY'S HEADLINES

https://goo.gl/KSj7MD

Warm Regards
Team EnergyInfraPost.com
Twitter handle:@energyinfrapos1
For Feedback pl Write at:
Energyinfrapost@gmail.com

 

2016 EnergyInfraPost.com | Contact Us 
B 306, First Floor, Saraswati Vihar, Pitampura, New Delhi