GOOD EVENING INDIA

November 20, 2018, Tuesday

Your Evening News Updates From Across The Media Space

SBI Approaches SC To Waive A Portion Of Adani, Tata And Essar Group’s Rs 35,000 Cr Debt

SBI Approaches SC To Waive A Portion Of Adani, Tata And Essar Group’s Rs 35,000 Cr Debt

State Bank of India has approached the Supreme Court to implement the recommendations of a committee that had suggested increasing tariffs or waiving a portion of the loan owed by Adani, Tata and Essar Group’s power companies.

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Flop show again: Solar energy auction fails to woo bidders

Flop show again: Solar energy auction fails to woo bidders

The government’s efforts at accelerating green energy capacity through large-scale auctions suffered a jolt yet again on Friday as bidders shunned the auction for 1,200-MW ‘hybrid’ projects, forcing staterun Solar Energy Corporation

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Shut coal, biomass industries, reduce use of private vehicles: CPCB

Shut coal, biomass industries, reduce use of private vehicles: CPCB

Stringent measures, including minimisation of private vehicles and shutdown of coal and biomass industries, are recommended by the CPCB-led task force between November 1 and 10 to deal with the alarming increase of pollution in the national capital.

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IFC setting up 3 funds to buy out stressed assets in India

IFC setting up 3 funds to buy out stressed assets in India

The International Finance Corporation (IFC) is setting up three funds to acquire as much as a fifth of the stressed assets that emerge from India’s ongoing resolution of bank debt that’s gone bad. The World Bank’s private finance arm will aim

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ArcelorMittal wins Essar Steel auction with Rs 42,000-crore

ArcelorMittal wins Essar Steel auction with Rs 42,000-crore

ArcelorMittal said on Friday that Essar Steel creditors voted in favour of its Rs 42,000-crore bid and have issued a letter of intent to sell the asset to the company. The development indicates that the lenders haven’t entertained the Ruia family’s Rs 54,389-crore last-minute

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GST relief for oil companies on outsourced work

GST relief for oil companies on outsourced work

In what could come as urgent relief for oil companies, revenue authorities have allowed refineries to pay GST only on value addition done by job workers against on the total valuation.

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Brent climbing, but will oil majors boost spending?

Brent climbing, but will oil majors boost spending?

Since the 2014 downturn, as oil prices plunged to $40/bl, global oil majors have cut their capital spending by decommissioning half their original rigs and reducing funds in exploration & production. I

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Watch: Fuel prices witnessed a downward trend on Saturday

Watch: Fuel prices witnessed a downward trend on Saturday

Coming as a relief in the back of continual hikes, fuel prices witnessed a downward trend on Saturday. Petrol price in national capital reduced by 40 paise to cost Rs. 80.45 and diesel reduced by 35 paise to fall to Rs. 74.38

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ADNOC to fill up Mangalore oil reserves in Nov -Indian officials

ADNOC to fill up Mangalore oil reserves in Nov -Indian officials

The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said on Friday.

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Oil price tumbles for third straight week as ‘fear selling’ grips US stock market

Oil price tumbles for third straight week as ‘fear selling’ grips US stock market

Oil tumbled for a third straight week as crumbling equity markets across the globe stoked concern about a slowdown in energy demand growth Friday’s 0.4 percent gain New York-traded futures wasn’t enough to halt a 2.2 percent decline for the week.

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Petrol prices slashed by Rs 2.38 in Delhi in last 10 days; check latest rates in metros

Petrol prices slashed by Rs 2.38 in Delhi in last 10 days; check latest rates in metros

In a major relief from soaring fuel prices, petrol prices have been slashed for the 10th consecutive day in metros on Saturday, taking the overall cut to Rs 2.38 in Delhi. Notably, petrol prices have been cut by 40 paise in Delhi to Rs 80.45.

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Mumbai Metro Off-Track: MMRDA Set To Miss The 2019 Deadline For Dahisar East-Andheri East Track

Mumbai Metro Off-Track: MMRDA Set To Miss The 2019 Deadline For Dahisar East-Andheri East Track

Owing to delay in finalizing contracts for the supply of rolling stock, Metro 7 that will connect Dahisar (East) and Andheri (East) is set to miss its December 2019 deadline.

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Way to go! Indian Railways gets new aerodynamic ‘Make in India’ electric locomotive for semi-high speed trains

Way to go! Indian Railways gets new aerodynamic ‘Make in India’ electric locomotive for semi-high speed trains

Indian Railways gets ‘Make in India’ aerodynamic-design electric locomotive! Indian Railways’ Chittaranjan Locomotive Works (CLW) has recently rolled out an all-new design 5,400 HP electric locomotive with an aerodynamic design.

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It's Official! Indian Railways to roll out much-awaited semi high-speed Train-18 on October 29

It's Official! Indian Railways to roll out much-awaited semi high-speed Train-18 on October 29

The wait is over for those eagerly waiting to see the Indian Railways' state-of-the-art Train-18 as it is all set to roll out from the Integral Coach Factory (ICF), Chennai on October 29. This is a first of its kind train for the Indian Railways

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Delhi Metro’s Latest Extension From Shiv Vihar To Trilokpuri To Be Opened On 31 October

Delhi Metro’s Latest Extension From Shiv Vihar To Trilokpuri To Be Opened On 31 October

The 17.86 km-long Shiv Vihar to Trilokpuri section, which falls on Delhi Metro’s pink line, will be operational for passengers from 31 October. After inspecting the elevated section in east Delhi, the Commissioner for Metro Railway Safety (CMRS) gave clearance on 20 October.

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Indian Railways Will Soon Take Us To Ladakh From Delhi In 20 Hours And We Can't Wait

Indian Railways Will Soon Take Us To Ladakh From Delhi In 20 Hours And We Can't Wait

Indian Railways is all set to make your travel plans that much more exciting (and shorter), with the world’s highest railway line project, connecting Ladakh and New Delhi in 20 hours. The national transporter is planning to build the Bilaspur-Manali-Leh line along the Indo-China border.

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Northern Railway to pay Rs 10,000 for deficient service

Northern Railway to pay Rs 10,000 for deficient service

The district consumer disputes redressal forum has directed Northern Railway, Chandigarh and Mohali station master to pay RS 10,000 for delay in refunding money for cancelled tickets. The complainant, Sanjeevan Guru

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HIDCO exploring options for starting monorail services in Salt lake, Newtown

HIDCO exploring options for starting monorail services in Salt lake, Newtown

West Bengal Housing & Infrastructure Development Corporation (HIDCO) is exploring options for starting monorail services for easy and faster communication in areas of Salt lake and Newtown.

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