GOOD EVENING INDIA

September 20, 2018, Thursday

Your Evening News Updates From Across The Media Space

No shortage of coal rakes in Delhi, say railway officials

No shortage of coal rakes in Delhi, say railway officials

Indian Railway officials on Thursday clarified that rakes of coal in Delhi are not a problem and there is no shortage of the same.

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MERC clears Reliance Energy sale to Adani Group

MERC clears Reliance Energy sale to Adani Group

The Maharashtra Electricity Regulatory Commission (MERC) has approved the proposed 100 per cent stake sale of Reliance Infrastructure (RInfra) Ltd.'s integrated Mumbai power business to Adani Transmission Ltd. (ATL), an official said here on Thursday.

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Top 10 reasons to buy an electric car right now

Top 10 reasons to buy an electric car right now

With ever increasing pollution levels across the major cities in India, it is high time that we, as individuals, take steps to protect ourselves and our future generations from environmental degradation. And the time to do it is – NOW.

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Acme Solar cuts IPO size to Rs 10 bn-Rs15 bn

Acme Solar cuts IPO size to Rs 10 bn-Rs15 bn

Indian renewable energy company Acme Solar Holdings has downsized its proposed IPOto Rs10bn-Rs15bn (US$147m-$219m) from Rs22bn as it plans to sell some of its assets, people with knowledge of the transaction have said.

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KSRTC's electric bus completes four-day trial successfully in Kochi

KSRTC's electric bus completes four-day trial successfully in Kochi

KSRTC's electric bus, which completed a four-day trial run in Kochi, left for Kozhikode on Wednesday. The transport corporation, which introduced the bus on Saturday, said the trial was "75 per cent successful" and the bus collected an average of Rs 40-45 per km.

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India's Power Grid hits 1-1/2-yr low; charts suggest further downside

India's Power Grid hits 1-1/2-yr low; charts suggest further downside

Shares of Power Grid Corp of India Ltd fall as much as 1.44 pct to 184.5 rupees, lowest since Jan 3, 2017. Power transmission co's stock breaks below a support at 186.1 rupees, the 38.2 pct Fibonacci retracement level of the uptrend from Sep. 7, 2015 low to Aug. 8, 2017 high

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Westinghouse eyes Saudi, India deals as end to bankruptcy nears

Westinghouse eyes Saudi, India deals as end to bankruptcy nears

U.S. nuclear firm Westinghouse expects to emerge from bankruptcy with sufficient equity in coming weeks and is targeting Saudi Arabia and India for new reactor sales, its CEO said.

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Exide and Leclanche form Joint Venture for Li-Ion Battery Manufacturing in India

Exide and Leclanche form Joint Venture for Li-Ion Battery Manufacturing in India

Exide Industries Ltd., an Indian lead acid storage battery manufacturer, and Leclanche, a global energy storage solutions provider, have formed a joint venture (JV) to build lithium-ion (Li-Ion) batteries and provide energy storage systems for India’s electric vehicle (EV) market and grid-based applications.

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INNOVATION: IIT scientists use eggshell membrane to generate electricity

INNOVATION: IIT scientists use eggshell membrane to generate electricity

Scientists from Indian Institute of Technology (IIT) Kharagpur have used eggshell proteins to develop tiny devices that can harvest electricity from body movements, and could power wearable sensors and devices in future.

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Spain's Repsol invests $869 million in electricity

Spain's Repsol invests $869 million in electricity

Oil major Repsol said on Wednesday it had bought the electricity assets of fellow Spanish firm Viesgo for 750 million euros ($868.73 million) as part of a bid to diversify into low-emissions business.

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Delhi issues order on charging security deposit on changed power load factor

Delhi issues order on charging security deposit on changed power load factor

The Delhi government has issued orders for charging of security deposit on the changed portion of consumers' power load, thus saving them from paying extra to electricity distribution companies.

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U.N. calls for return of Libyan oil resources to recognised authorities

U.N. calls for return of Libyan oil resources to recognised authorities

U.N. Secretary General Antonio Guterres voiced concern at developments in Libya's oil crescent on Wednesday, calling for de-escalation and the return of oil resources to recognised authorities, his spokesman said in a statement.

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We will not let Nanar refinery project to go through: Shiv Sena

We will not let Nanar refinery project to go through: Shiv Sena

A day after Union petroleum minister Dharmendra Pradhan signed a memorandum of understanding with Saudi Arabia’s Aramco and Abu Dhabi National Oil Company (ADNOC) to build a mega refinery at Nanar in Ratnagiri, the Shiv Sena reiterated that it would not let the project go through.

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Why India is hiding oil in caves

Why India is hiding oil in caves

During the Gulf War in 1990, India was hit with a crisis so severe that the country was left with oil reserves adequate for just 3 days. Oil prices shot up alarmingly as a fall out of the war and triggered an inflationary spiral across the world and India could not escape the heat.

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US curbs on oil imports from Iran is a new worry for India

US curbs on oil imports from Iran is a new worry for India

The outlook on crude oil is getting murkier. The US wants India and other countries to stop importing oil from Iran by 4 November, as sanctions loom. India imports almost 80% of its oil requirements and Iran is its third-largest supplier. The country’s share in India’s import volumes was 10.4% in FY18.

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Crude oil futures slide 0.46 pc on weak Asian cues

Crude oil futures slide 0.46 pc on weak Asian cues

Crude oil futures eased 0.46 per cent to Rs 4,925 per barrel today as speculators reduced their positions amid a weakening trend in Asian markets.

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Oil, aviation stocks tumble as crude oil prices rise

Oil, aviation stocks tumble as crude oil prices rise

Prices of oil refinery and marketing companies' shares tumbled in the market today, with the sharp jump in global crude oil prices triggering heavy selling at these counters. BPCL tumbled by about 8% and Hindustan Petroleum Corporation shed 7.4%, while Indian Oil Corporation declined 6.1%.

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Around 3 billion of world’s poorest people still rely on solid fuels

Around 3 billion of world’s poorest people still rely on solid fuels

Around 3 billion of the world’s poorest people still rely on solid fuels (wood, animal dung, charcoal, crop wastes and coal) burned in inefficient stoves for cooking and heating, and some 1.2 billion light their homes with simple kerosene lamps.

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No shortage of rakes: Railway officials

No shortage of rakes: Railway officials

Indian Railway officials on Thursday clarified that rakes of coal in Delhi are not a problem and there is no shortage of the same. Quoting a Central Electricity Authority (CEA) report, the officials said that the supply of rakes was well in balance with the requirement in the plants supplying power to the national capital.

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Indian Railways finds a way to improve punctuality record, but trains still won’t come on time! Here’s why

Indian Railways finds a way to improve punctuality record, but trains still won’t come on time! Here’s why

Indian Railways zones come up with a new way to improve its punctuality record, but that doesn’t mean that passengers will be happy! When it comes to punctuality, Indian Railways has never been the best bet for most of us. This summer, the national transporter has seen one of the worst punctuality performances.

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From a lumbering PSU to a smart service provider How railways changed the way it serves you

From a lumbering PSU to a smart service provider: How railways changed the way it serves you

Indian Railways used to be notorious for being tardy and dirty. Add to that its utter indifference towards passengers who had to stoically put up with numerous deficiencies in services.

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Much-needed step! Western Railway launches special precautionary safety drive for monsoon

Much-needed step! Western Railway launches special precautionary safety drive for monsoon

Western Railway has launched a special precautionary safety drive across its entire network to ensure safe travel for its passengers during extreme weather conditions in monsoon season.

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Indian Railways passenger grievance redressal: Here is how you can lodge complaints online

Indian Railways passenger grievance redressal: Here is how you can lodge complaints online

Railway Minister Piyush Goyal launched a new mobile app ‘Rail Madad’ recently to streamline passenger grievance redressal. The Indian Railways has for the first time completely digitized the complaint management system.

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9,000 Delhi Metro staff threaten strike from June 30

9,000 Delhi Metro staff threaten strike from June 30

Delhi Metro might be staring at a shutdown of services from June 30 with its 9,000-strong workforce of non-executive employees threatening to go on a strike.

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For on-track performance, Indian Railways pushes back arrival time

For on-track performance, Indian Railways pushes back arrival time

This Summer, the Indian Railways has seen one of its worst performances in years with regard to punctuality of trains. On Wednesday, for instance, the national transporter reported 70 per cent on-time performance.

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IRCTC's new website is loaded with features

IRCTC's new website is loaded with features

IRCTC's new website is aimed at making the experience of the traveller from booking the ticket to completing the journey a far better experience than what it used to be before.

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Crowd Control measures using Artificial Intelligence: Thane & Kalyan stations selected for Pilot project

Crowd Control measures using Artificial Intelligence: Thane & Kalyan stations selected for Pilot project

The Indian Railways will use technology used by Israel to keep their perimeters safe. Thane and Kalyan stations have been selected for this pilot project. The railways shall not only enhance security but also take crowd control measures using artificial intelligence.

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