GOOD EVENING INDIA

November 16, 2018, Friday

Your Evening News Updates From Across The Media Space

Essar Steel creditors declare ArcelorMittal as highest bidder at Rs 42,000 crore

Essar Steel creditors declare ArcelorMittal as highest bidder at Rs 42,000 crore

The committee of creditors of Essar Steel on Friday declared ArcelorMittal as the highest bidder for the bankrupt Essar Steel, pipping Anil Agarwal’s Vedanta Group. In the second round of bids, ArcelorMittal had offered upfront Rs 35,000 crore

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Kleinman Center for Energy Policy at the University of Pennsylvania awards 4th annual Carnot Prize to Union Minister Piyush Goyal

Kleinman Center for Energy Policy at the University of Pennsylvania awards 4th annual Carnot Prize to Union Minister Piyush Goyal

Recognising the pathbreaking transformations in India’s energy sector, the Kleinman Center for Energy Policy at the University of Pennsylvania School of Design is awarding its fourth annual Carnot Prize to Piyush Goyal

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Reliance Power’s Arm Wins Arbitration Award Against NACC

Reliance Power’s Arm Wins Arbitration Award Against NACC

Reliance Power’s Wholly Owned Subsidiary — Sasan Power has won an arbitration award against North American Coal Corporation (NACC). This is a major milestone in this arbitration with the award received on October 18

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Power generation in KKNPP Unit II stopped for maintenance work

Power generation in KKNPP Unit II stopped for maintenance work

Power generation from the second unit of Kudankulam Nuclear Power Plant (KKNPP) has been suspended to take up maintenance work, a KKNPP official said Saturday.

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Russia's Rosatom ships out equipment for Kudankulam n-plant

Russia's Rosatom ships out equipment for Kudankulam n-plant

Rosatom, the Russian atomic energy corporation, on Saturday said its machine building division Atomenergomash has shipped out equipment for Unit 4 of the Kudankulam Nuclear Power Project (KNPP).

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Renewable energy firm Leap Green to raise $250 million to fund expansion

Renewable energy firm Leap Green to raise $250 million to fund expansion

Renewable energy developer Leap Green Energy announced it will raise $250 million as primary capital to fund its expansion plans. The company currently has operational wind energy capacity of 750 Megawatt (Mw) and 400 Mw of under-construction wind assets.

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Electric Cars Lose Currency As Sales Plunge 40 Per Cent; E-Bikes, However, In Big Demand

Electric Cars Lose Currency As Sales Plunge 40 Per Cent; E-Bikes, However, In Big Demand

Despite the hype surrounding electric mobility and electric cars being heralded as poster boys of a new automobile revolution, reality is in stark contrast. In its latest report, the apex industry body, Society of Manufacturers of Electric Vehicles

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Nuclear energy seminar at Institute for Plasma Research from Monday

Nuclear energy seminar at Institute for Plasma Research from Monday

The six-day 27th International Atomic Energy Agency (IAEA) Fusion Energy Conference (FEC) which begins on Monday in Gandhinagar, will provide an opportunity to for India to showcase its domestic thermonuclear fusion programme

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NTPC looks at innovative ways to increase renewable energy penetration

NTPC looks at innovative ways to increase renewable energy penetration

NTPC, the country’s largest thermal power producer, is looking at innovative ways to increase renewable energy penetration in the national grid. The 50 Gw power producer will set up solar plants at all its units.

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Fuel prices witness drop in Delhi and Mumbai

Fuel prices witness drop in Delhi and Mumbai

Fuel prices have witnessed a drop again in New Delhi and Mumbai as petrol has fallen by Rs 0.39/litre and diesel by Rs 0.12/litre in both the cities. This comes as a relief to residents in the metropolises.

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Crude oil all set to disturb India’s macro maths: How bad can it get?

Crude oil all set to disturb India’s macro maths: How bad can it get?

The unwelcome combination of rising oil price and a weakening rupee is giving a tough time to investors, especially when the whole world is looking towards India as a ‘growth engine’. Now the billion dollar question is: will the rally in crude oil prices continue?

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Petrol, diesel prices cut again on softer crude

Petrol, diesel prices cut again on softer crude

Petrol and diesel rates were further reduced on Saturday amid a reduction in global crude oil prices. Oil marketing companies (OMCs) have cut the fuel rates for the third straight day as the prices hit record levels in the past.

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Petrol prices cut by 39 paise in Delhi, diesel goes down 12 paise

Petrol prices cut by 39 paise in Delhi, diesel goes down 12 paise

Amid a reduction in global crude oil prices, fuel prices across the country witnessed further reduction on Saturday, bringing citizens some much-needed relief.

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Oil up but posts weekly loss on stock build, trade tensions

Oil up but posts weekly loss on stock build, trade tensions

Oil prices rose on Friday on signs of surging demand in China, the world's No. 2 oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity.

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No action against driver, railways not at fault, says MoS Manoj Sinha

No action against driver, railways not at fault, says MoS Manoj Sinha

Minister of State for Railways Manoj Sinha Saturday ruled out any punitive action against the driver of the train that mowed down Dussehra revellers in Amritsar, saying there was no negligence on the part of the national transporter.

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Alertness necessary for public events near rail tracks: Nitish Kumar

Alertness necessary for public events near rail tracks: Nitish Kumar

Expressing grief over the train accident in Punjab, Bihar Chief Minister Nitish Kumar has questioned the level of preparedness for the public event near railway tracks.

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Indian Railways Tatkal Tickets: Conditions Under Which Full Refund Is Granted

Indian Railways Tatkal Tickets: Conditions Under Which Full Refund Is Granted

IRCTC (Indian Railway Catering and Tourism Corporation), which handles the catering, tourism and online ticketing operations of the Indian Railways, grants no refund on cancellation of confirmed Tatkal tickets/duplicate Tatkal tickets except in case of certain circumstances.

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Antonio Guterres, Justin Trudeau condole Amritsar train accident

Antonio Guterres, Justin Trudeau condole Amritsar train accident

UN chief Antonio Guterres has expressed his deepest condolences to the families and friends of over 60 people who died in a train accident in Amritsar, terming the incident as "tragic".

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37 trains cancelled, 16 diverted day after Amritsar tragedy

37 trains cancelled, 16 diverted day after Amritsar tragedy

The railways cancelled 37 trains and diverted 16 trains on Saturday, a day after Dussehrarevellers were mowed down by a train while they were watching the burning of a Ravan effigy while standing on the tracks near Amritsar, officials said.

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Fadnavis announces devpt plan of Rs 100 cr for Deekshabhoomi

Fadnavis announces devpt plan of Rs 100 cr for Deekshabhoomi

Maharashtra Chief Minister Devendra Fadnavis has announced a development plan of Rs 100 crore for pious Deekshabhoomi. In the first phase Rs 40 crore has been given to develop the place to attract devotees from across the world.

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Watch: Amritsar train accident: Railways not responsible for the tragedy, says Railway Board Chairman

Watch: Amritsar train accident: Railways not responsible for the tragedy, says Railway Board Chairman

Indian Railway Board Chairman Ashwani Lohani reacted on Amritsar train mishap. He said that railway department is not responsible for the dreadful incident. He said, it would be wrong to say that the Railways

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