GOOD EVENING INDIA

December 11, 2018, Tuesday

Your Evening News Updates From Across The Media Space

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Coal import call by power ministry temporary: Piyush Goyal

Coal import call by power ministry temporary: Piyush Goyal

Coal Minister Piyush Goyal has said that the recent decision of the Union Power Ministry to allow states to import coal is temporary in nature.

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Government taking steps to ease crude oil import cost: Dharmendra Pradhan

Government taking steps to ease crude oil import cost: Dharmendra Pradhan

The Government is taking various measures, including focusing on biofuels, to ease the cost of crude oil import, Union minister Dharmendra Pradhan said today.

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India's logged a record $98 billion in deals this year

India's logged a record $98 billion in deals this year

Indian companies have been involved in deals worth a record $97.6 billion this year. Top banker JPMorgan Chase & Co. is predicting more offshore interest in the nation, particularly in technology, media and telecom.

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Reliance Energy sale to Adani Transmission to be completed next week

Reliance Energy sale to Adani Transmission to be completed next week

Reliance Infrastructure (RInfra) announced on Monday that the transaction for the sale of its integrated Mumbai power distribution business to Adani Transmission Ltd (ATL) will be closed by next week.

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India’s prominent role in International Solar Alliance

India’s prominent role in International Solar Alliance

Non-Aligned Movement has underlined the importance of access to reliable, affordable, economically viable, socially acceptable and environmentally sound energy services for sustainable development.

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Solar industry demands urgent clarity on rate of GST on projects

Solar industry demands urgent clarity on rate of GST on projects

Country’s solar industry has sent out an SoS to policy makers, including key officials in the financeNSE -0.84 % ministry, seeking urgent clarification on the rate of goods and services tax (GST) on solar projects after controversial Authority for Advance Rulings (AAR) held these would face 18% and not 5%.

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Tata Power joins fray for Equis hydropower projects in India

Tata Power joins fray for Equis hydropower projects in India

Tata Power Ltd has expressed interest in buying two hydroelectric power projects in Sikkim owned by Asian infrastructure investor Equis Energy, two people aware of the development said.

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Banks to refer four stressed power projects to NCLT by August 27

Banks to refer four stressed power projects to NCLT by August 27

Banks are set to refer four stressed power projects to the National Company Law Tribunal (NCLT) and several others will be put for sale to prospective suitors by August 27 deadline, a top executive at Union Bank of India told CNBC-TV18.

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Reliance Power may earn Rs 2,000 cr from Mumbai power consumers

Reliance Power may earn Rs 2,000 cr from Mumbai power consumers

Mumbai suburban power consumers may end up paying about Rs 2,000 crore to Reliance Power via the Mumbai power distribution business in the next couple of years.

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India to launch second oil and gas field auction on August 9

India to launch second oil and gas field auction on August 9

The government plans to launch the auction of 60 oil and gas fields being offered in the second round of bidding for Discovered Small Field (DSF) on August 9, regulator DGH said.

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EVs likely to pose threat to oil companies, says ICRA

EVs likely to pose threat to oil companies, says ICRA

Rating and research agency ICRA has observed in a recent report that the shift from petrol and diesel-driven vehicles towards electric vehicles will pose a threat to oil refining and marketing companies, particularly the newer ones.

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India's higher oil imports may assuage US's trade deficit concerns

India's higher oil imports may assuage US's trade deficit concerns

Tarun Arora, director, IG International Pvt Ltd is a worried man. A proposed retaliatory tariff hike by New Delhi from August 4 on apples imported from the US can topple his apple business cart.

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Essar Oil may sell 30% stake in its flagship CBM block

Essar Oil may sell 30% stake in its flagship CBM block

Essar Oil and Gas Exploration and Production Ltd is planning to sell as much as 30% in its flagship coal-bed methane (CBM) block in Raniganj, West Bengal, said two people familiar with the development.

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Celebrate Raksha Bandhan in Sri Lanka with IRCTC’s new tour package; check details here

Celebrate Raksha Bandhan in Sri Lanka with IRCTC’s new tour package; check details here

New tour package offer by IRCTC: This Raksha Bandhan, you can celebrate the special occasion with your loved ones in Sri Lanka as the e-ticketing and catering arm of the national transporter, Indian Railways Catering and Tourism Corporation (IRCTC) has come up with a new exciting offer.

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India's infra deficit too large, will take time to be eliminated: S&P

India's infra deficit too large, will take time to be eliminated: S&P

S&P Global Ratings today said India's infrastructure deficit is "too large" and the country still has a long way to go before it can close the sizable deficit between supply and demand.

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Five years on, NHAI likely to shut its electronic-tolling subsidiary

Five years on, NHAI likely to shut its electronic-tolling subsidiary

With Life Insurance Corporation and ICICI Bank insisting on exiting Indian Highways Management Company Ltd (IHMCL), the National Highways Authority of India (NHAI) is likely to wind up the company, constituted five years ago to carry out electronic tolling and other ancillary works for it.

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27 trains cancelled, 7 diverted due to closure of Old Yamuna Bridge in Delhi

27 trains cancelled, 7 diverted due to closure of Old Yamuna Bridge in Delhi

Twenty seven trains have been cancelled and seven diverted due to the closure of Delhi's Old Yamuna Bridge. The bridge has been temporarily closed as the water level in Yamuna river has reached the danger mark.

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