GOOD EVENING INDIA

March 21, 2019, Thursday

Your Evening News Updates From Across The Media Space

Bhushan Power adds heft to JSW Steel, deal structure holds the key

Bhushan Power adds heft to JSW Steel, deal structure holds the key

The structure JSW Steel (JSW) uses to complete its acquisition of debt-ridden Bhushan Power & Steel (Bhushan Power) will determine the impact on its financials.

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UAE's Tabreed to build India's first district cooling system in Amaravati

UAE's Tabreed to build India's first district cooling system in Amaravati

A UAE-based international cooling provider has entered into a 30-year concession with Andhra Pradesh government to build, own, operate and transfer India's first district cooling system in the state's new capital Amaravati.

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Commercial coal mining auctions may not take place soon: Secy

Commercial coal mining auctions may not take place soon: Secy

Auctions for commercial coal mining may not take place soon as the country is entering the election mode, said a top government official. The statement comes amid resistance from the trade unions operating in the coal sector against commercial coal mining.

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Uttarakhand tenders 200 MW grid-connected solar capacity

Uttarakhand tenders 200 MW grid-connected solar capacity

The 200 MW grid-connected solar capacity has been tendered under type-I category of Uttarakhand Solar Energy Policy-2013 (amended in 2018), and on behalf of Uttarakhand Power Corporation Ltd (UPCL), Dehradun.

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100% rural electrification no measure of power connectivity; ailing discoms, unreliable supply larger problem, says survey

100% rural electrification no measure of power connectivity; ailing discoms, unreliable supply larger problem, says survey

The Narendra Modi government claims that it has nearly completed its goal to electrify 100 percent rural households, under its flagship programme Saubhagya Yojna. However, a survey on rural electrification in India found that merely having an electric connection doesn't solve the problems of rural consumers.

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PF, pension funds fear losing money in IL&FS bonds, seek NCLAT's intervention

PF, pension funds fear losing money in IL&FS bonds, seek NCLAT's intervention

Pension funds and provident fund trusts, which collectively have invested 'thousands of crores in bonds issued by IL&FS group, have filed intervening petitions in the National Company Law Appellate Tribunal

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Sterlite Power bids for two battery energy storage projects in US

Sterlite Power bids for two battery energy storage projects in US

Sterlite Power Thursday said it has submitted bids for two storage projects in the recently concluded auction of Salt River Project utility in Arizona, USA. Bids have been submitted for a cumulative capacity of 400 mega watt (MW).

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Venkataramanan quits Tata Trusts; Noel joins Ratan Tata Trust

Venkataramanan quits Tata Trusts; Noel joins Ratan Tata Trust

R Venkataramanan, embroiled in a tax row over his remuneration and under the scanner of the investigating agencies, stepped down as managing trustee of the Tata Trusts.

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Police welfare fund plans to open CNG pumps at Khadki petrol pump

Police welfare fund plans to open CNG pumps at Khadki petrol pump

The Railway police, in association with Maharashtra Natural Gas Limited (MNGL), will set up a pump to dispense compressed natural gas (CNG) at the police welfare fund petrol pump near Khadki railway station. The pump is set to be operational in a month’s time.

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Group of Ministers to vet natural gas pricing reforms

Group of Ministers to vet natural gas pricing reforms

The government has constituted a Group of Ministers (GoM) to examine the key upstream reforms including total freedom for gas pricing as recommended by a Niti Aayog-led panel.

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Oil, gas companies incentivise executives to chase growth: Carbon Tracker

Oil, gas companies incentivise executives to chase growth: Carbon Tracker

Oil and gas companies are jeopardizing shareholder returns by rewarding bosses for endlessly chasing growth in a world where investor pressure to conform to climate targets and sharp falls in renewables costs are set to eat into future demand

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WPI cools to 10-month low of 2.76% in Jan on cheaper fuel

WPI cools to 10-month low of 2.76% in Jan on cheaper fuel

Lower inflation in fuel made India’s wholesale price inflation (WPI) cool to 2.76% in January from 3.8% in December, data released by the commerce and industry ministry on Thursday showed. It was 3.02% in January last year.

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OMCs fall 2-4% as global oil prices rise; ONGC hits new 52-week low ahead of Q3 numbers

OMCs fall 2-4% as global oil prices rise; ONGC hits new 52-week low ahead of Q3 numbers

Indian benchmark indices fell on Thursday afternoon, with the Nifty50 down 40 points and was trading at 10753 mark while the Sensex shed 103 points, trading at 35930 mark. The fall was largely aided by energy stocks after crude oil prices climbed to their highest in nearly three months.

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Petrol, diesel become costlier on Thursday. Check rates here

Petrol, diesel become costlier on Thursday. Check rates here

After a gap of two consecutive days, state-controlled oil marketing companies hiked retail fuel prices on Thursday. After today's rate revision, petrol became dearer by 6 while diesel price was raised by 5 paise per litre across metropolitan major of the country.

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India's fastest Vande Bharat Express to be flagged off by PM Narendra Modi tomorrow

India's fastest Vande Bharat Express to be flagged off by PM Narendra Modi tomorrow

India's first semi-high speed train the Vande Bharat Express will be flagged off by Prime Minister Narendra Modi on Friday from the New Delhi railway station, a statement from the Prime Minister's Office (PMO) said.

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Vande Bharat Express booking starts! Train 18 tickets – How to book on irctc.co.in website, across counters

Vande Bharat Express booking starts! Train 18 tickets – How to book on irctc.co.in website, across counters

Train 18 or Vande Bharat booking starts! IRCTC has finally opened the booking for Train number 22436 New Delhi-Varanasi Vande Bharat Express and Train number 22435 Varanasi-New Delhi Vande Bharat Express on its website irctc.co.in and its Rail Connect Android app!

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IRCTC launches Australia, Japan tour packages from Chennai

IRCTC launches Australia, Japan tour packages from Chennai

Indian Railway catering and Tourism Corporation (IRCTC) has launched an Australia and Japan tour package from Chennai. It will be a seven nights and eight days package in March.

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Modi in Uttarakhand Live Updates: Prime Minister to launch Rs 3,400 crore development projects

Modi in Uttarakhand Live Updates: Prime Minister to launch Rs 3,400 crore development projects

Prime Minister Narendra Modi will visit Uttarakhand on Thursday to launch several development projects. As per the schedule, PM Modi will reach Rudrapur in afternoon where he will launch the state Integrated Cooperative Development Project.

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Now, railway employees too oppose Bullet train project

Now, railway employees too oppose Bullet train project

After opposition from political parties and protests by farmers, railway employees are now opposing the Mumbai-Ahmedabad Bullet train project.

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Indian Railways to make rides on 500 Rajdhani, Superfast, Duronto, Shatabdi trains jerk-free by March-end

Indian Railways to make rides on 500 Rajdhani, Superfast, Duronto, Shatabdi trains jerk-free by March-end

Indian Railways to make the journey on 500 trains jerk-free by March-end! Travelling on premium Indian Railways trains can be a “jerky” experience at times – something that Indian Railways is looking to rectify soon.

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Talking Modern: Railway Stations To Get The ‘Airport Look’ As Centre Proposes To Redevelop Entire Infrastructure

Talking Modern: Railway Stations To Get The ‘Airport Look’ As Centre Proposes To Redevelop Entire Infrastructure

Indian Railways will redevelop 50 railway stations across the country in 2019 with an investment of Rs 7,500 crore, reports Hindustan Times (HT).

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