GOOD EVENING INDIA

September 20, 2018, Thursday

Your Evening News Updates From Across The Media Space

Tata Steel seals venture with Thyssenkrupp, will become Europe's second largest steelmaker

Tata Steel seals venture with Thyssenkrupp, will become Europe's second largest steelmaker

Thyssenkrupp’s supervisory board on Friday gave the green light for a steel joint venture with Tata Steel, paving the way for the European steel sector’s biggest shake-up in more than a decade.

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China taps the brakes on its global push for influence

China taps the brakes on its global push for influence

China has spent nearly five years steering an ever-growing stream of hundreds of billions of dollars to a bold plan to gain greater global influence by funding big projects across Asia, Eastern Europe and Africa.Now, Beijing is starting to tap the brakes.

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Reliance Industries To Acquire Telecom Solutions Provider Radisys Corporation

Reliance Industries To Acquire Telecom Solutions Provider Radisys Corporation

Reliance Industries (RIL) will acquire Nasdaq-listed telecom solutions provider Radisys Corp. for about $75 million (Rs 510 crore ) in cash, for a further push into Internet of Things (IoT) and 5G through its telecom arm, Reliance Jio Infocomm.

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US-China trade war: Caught in the crossfire, India may have to stoop to conquer

US-China trade war: Caught in the crossfire, India may have to stoop to conquer

US President Donald Trump’s animus and grudge is against China with which the United States has had a mind-boggling trade deficit of $375 billion in 2017 what with exports to China at only $130 billion as opposed to the huge import of $505 billion.

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Ghaziabad to get 100 low-floor AC buses by year-end: VK Singh

Ghaziabad to get 100 low-floor AC buses by year-end: VK Singh

Local MP and Minister of State for External Affairs Gen (retd) V K Singh said today the city will get 100 low-floor air conditioned buses by the end of this year. Chief Minister Yogi Adityanath has consented to release funds for the purchase of buses, he said.

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Tata Steel, Thyssenkrupp finalise deal for European JV

Tata Steel, Thyssenkrupp finalise deal for European JV

Tata Steel and ThyssenKrupp AG on Saturday signed definitive agreements to combine their European steel businesses in a 50/50 joint venture in a new company. This follows the signing of a Memorandum of Understanding in September 2017.

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Tata Power To Install 100 EV Charging Stations In Maharashtra

Tata Power To Install 100 EV Charging Stations In Maharashtra

While India is looking to go all electric in terms of cars in just about more than a decade from now, the one thing that everyone's been talking about it whether our country has the infrastructure to sustain the move from conventional fuelled cars.

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Sponge iron firms pay 80% more on coal for long term

Sponge iron firms pay 80% more on coal for long term

Sponge iron manufacturers are paying up to 80% premium to secure most of the long-term fuel supply contracts being offered by Coal India, according to a senior executive of the state-run mining company.

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India to save Rs 10,000 cr annually by setting default AC temp at 24 degrees

India to save Rs 10,000 cr annually by setting default AC temp at 24 degrees

The government’s latest move to implement default temperature setting of air conditioners at 24 degree Celsius could help India save an estimated 24 per cent of energy consumption equivalent to 20 Billion Units worth Rs 10,000 crore, according to Bureau of Energy Efficiency (BEE).

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How Tata Group plans to put India behind EV wheels

How Tata Group plans to put India behind EV wheels

The Tata Group is planning to adopt a ‘One Tata Approach’ to deliver cleaner mobility solutions for the future, with its automotive unit Tata Motors spearheading the initiative.

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Oil gains on anticipation of sanctions on Iran

Oil gains on anticipation of sanctions on Iran

Oil prices rose on Friday, rallying on concerns that U.S. sanctions against Iran would remove a substantial volume of crude oil from world markets at a time of rising global demand. U.S. crude was up more than 8 percent on the week, while Brent crude gained more than 5 percent.

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Former Shell oil trading boss Muller joins Vitol

Former Shell oil trading boss Muller joins Vitol

The world's largest independent oil trading house Vitol is hiring Mike Muller, the former head of crude oil trading at Royal Dutch Shell and once one of Vitol's biggest rivals, a source familiar with the matter said.

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Petrol, diesel prices: You can check daily revision in rates by one SMS; here's how

Petrol, diesel prices: You can check daily revision in rates by one SMS; here's how

The state-owned Indian Oil Corporation has revamped its website especially the section where it provides daily changes in petrol and diesel prices.

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Clean fuel? Methane leaks threaten natural gas' climate-friendly image

Clean fuel? Methane leaks threaten natural gas' climate-friendly image

Executives from natural gas companies call their increasingly cheap and plentiful fuel the world's best answer to climate change: it produces about half the carbon dioxide of coal when burned in a power plant and it can fuel trucks, trains and ships.

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LPG terminal’s relocation to new site not feasible: IOC

LPG terminal’s relocation to new site not feasible: IOC

With the People’s Combine Against the Puthuvype LPG Terminal deciding to intensify their protest against the terminal, India Oil Corporation (IOC), in a statement, clarified the shifting of the terminal to Ambalamedu is not technically feasible.

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Rising crude: HUL to be judicious with price hikes

Rising crude: HUL to be judicious with price hikes

With crude oil becoming dearer and straining consumer products companies on the cost front, Hindustan Unilever (HUL) chairman Harish Manwani said the FMCG giant will be judicious in increasing prices.

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Come August, 30,000 may use Delhi’s longest skywalk daily

Come August, 30,000 may use Delhi’s longest skywalk daily

Over 30,000 people are likely to use the ITO skywalk daily — but they will have to wait at least till August. A Public Works Department officials said around 50% of the work for the project, touted as Delhi’s longest foot overbridge and conveived in 2003, was now complete.

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Plan to run trains every 4 mins on Dakshineswar Metro route

Plan to run trains every 4 mins on Dakshineswar Metro route

Metro Railway plans to run trains to and from Dakshineswar at four-minute intervals during peak hours. Once the Communication-Based Train Control system is in place, trains may also be run at less than three-minutes frequency.

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Delhi Metro to Run as Usual Today as HC Slams the Brakes on Proposed Strike

Delhi Metro to Run as Usual Today as HC Slams the Brakes on Proposed Strike

In a big relief for Delhiites, the Delhi High Court has restrained DMRC staff from going on strike, saying their action does not appear justified or legal as around 25 lakh commuters would be affected every day.

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Maharashtra government under fire over metro work noise

Maharashtra government under fire over metro work noise

The Bombay High Court on Friday asked the state to specify noise pollution rules set for the contractor of the Metro 3 project between Colaba and Seepz.

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15 trains arrive late in Ludhiana

15 trains arrive late in Ludhiana

Rail commuters are facing inconvenience due to delay in the arrival of most Ludhiana-bound trains on Friday, as 15 trains arrived late by almost two to three hours, which angered passengers waiting for them on different platforms of the city railway station.

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How Indian Railways, Google have set up one of the world’s fastest public WiFis; RailTel project head explains

How Indian Railways, Google have set up one of the world’s fastest public WiFis; RailTel project head explains

Tell us about the RailTel project to provide WiFi on railway stations across the Indian Railways network. How many stations have been covered so far, what is the target and are you in talks to cover more railway stations?

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Nitin Gadkari seeks banks’ help to fund stalled road projects

Nitin Gadkari seeks banks’ help to fund stalled road projects

Union road transport and highways minister Nitin Gadkari on Friday asked bankers to suggest ways to finance 56 highway projects worth thousands of crores that have been stalled because of developers failing to secure financial closure.

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Government to fast-track rail link to Arunachal’s strategic border region of Tawang

Government to fast-track rail link to Arunachal’s strategic border region of Tawang

Indian Railways is planning to construct a new railway line on priority basis to Arunachal Pradesh’s Tawang district

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Mumbai Slow trains to pick up pace along Western Railway

Mumbai Slow trains to pick up pace along Western Railway

The Western Railway (WR) is set to increase the minimum speed of trains running on slow tracks between Churchgate and Borivali to 90 kmph which earlier varied from 40-60 kmph. On the fast corridor, trains are already running at an achievable speed of about 100 kmph.

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