​GOOD EVENING INDIA!

December 12, 2018, Wednesday

Your Evening News Updates From Across The Media Space 

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Live: Chanda Kochhar Didn’t Need To Recuse Herself From Committee That Approved Videocon Loan - ICICI Bank Chairman

Live: Chanda Kochhar Didn’t Need To Recuse Herself From Committee That Approved Videocon Loan - ICICI Bank Chairman

Towards the end of his brief statement, which mirrored the ICICI Bank board’s press statement issued yesterday, ICICI Bank Chairman MK Sharma listed a few questions received by bank from various media and offered some responses.

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L'affaire ICICI Bank: Board Ducks Key Questions On Chanda Kochhar, Videocon Ties

L'affaire ICICI Bank: Board Ducks Key Questions On Chanda Kochhar, Videocon Ties

Remarkable coincidence, or something sinister? That's the question posed by L'affaire Chanda Kochhar, the celebrated managing director & CEO of ICICI Bank.

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ICICI Bank Defends Chanda Kochhar: Full Text Of The Statement

ICICI Bank Defends Chanda Kochhar: Full Text Of The Statement

The Board of Directors of ICICI Bank gave a clean chit to its Chief Executive Officer (CEO) and Managing Director (MD) Chanda Kochhar on Wednesday, stating that there was no favouritism or conflict of interest in granting loans to Videocon Industries or any other company.

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Highest-Ever Power Generation By NTPC Eastern Region-1

Highest-Ever Power Generation By NTPC Eastern Region-1

Eastern region of NTPC today achieved the highest-ever powergeneration of 38,547 million units during the current financial year of 2017-18, a top official today said.

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K Sreekant Takes Over As Director-Finance Of NTPC

K Sreekant Takes Over As Director-Finance Of NTPC

NTPC Ltd, India’s largest powergenerator, today announced Kandikuppa Sreekant has taken over as Director-Finance of the company with effect from 19 March.

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Britain's Greenhouse Gas Emissions Fall Again As Coal Use Plummets

Britain's Greenhouse Gas Emissions Fall Again As Coal Use Plummets

Britain's greenhouse gas (GHG) emissions fell by 3 percent last year from 2016 levels, largely due to a decline in coal-fired power generationand marking the fifth straight yearly drop, preliminary government data showed on Thursday.

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India Should Open Up Solar PV Market: Chinese Manufacturer

India Should Open Up Solar PV Market: Chinese Manufacturer

Trina Solar of China, the largest manufacturer of solar photovoltaic (PV) panels globally and India's biggest supplier, awaits further easing of business conditions for the sector to begin production in the country for which the company has acquired land in Andhra Pradesh, according to Chairman and CEO Gao Jifan.

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How Solar Power Is Proving To Be A Huge Blessing For This Hamlet In Rajasthan

How Solar Power Is Proving To Be A Huge Blessing For This Hamlet In Rajasthan

Solar power is coming as a big blessing for many towns and villages in rural areas and Saatpuliya village in Divair gram panchayat of Rajsamand district is one of them.

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Equis Energy Commissions 100 Mw Of Solar In Karnataka

Equis Energy Commissions 100 Mw Of Solar In Karnataka

Equis Energy, an Asia-Pacific renewable energy Independent Power Producer (IPP), has commissioned its largest solar PV project, comprising 135 MWp of generation capacity in Bagalkot District of Karnataka, India.

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ABB Ready To Participate In Global Upswing In 2018 - CEO Ulrich Spiesshofer

ABB Ready To Participate In Global Upswing In 2018 - CEO Ulrich Spiesshofer

ABB Chief Executive Ulrich Spiesshofersaid the market environment had brightened in 2018 with the Swiss engineering group ready to participate in the expected upswing.

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Nod For Seven Windmills In Wild Ass Sanctuary Despite Objections

Nod For Seven Windmills In Wild Ass Sanctuary Despite Objections

The CAG noted that the government allowed Vestas Wind Technology India to set up seven windmills in wild ass sanctuary even after objections by a central empowered committee.

 

 

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Solar Power Tariffs Rise In Gujarat Reverse Auction

Solar Power Tariffs Rise In Gujarat Reverse Auction

Winning tariffs in Gujarat’s latest solar reverse auction showed significant increase over those in its last auction in September last year, lending further credence to the view that solar tariffs have bottomed out.

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UP Discoms Need To Balance Between Income And Expenditure

UP Discoms Need To Balance Between Income And Expenditure

Like most Indian states, Uttar Pradesh's discoms have the twin challenge of universal household electrification while also ensuring revenue matches the cost of supply.

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Immense Opportunities Of Cooperation Between India, US In Energy Sector: Official

Immense Opportunities Of Cooperation Between India, US In Energy Sector: Official

The energy sector offers immense opportunities of cooperation between India and the US not only in the trade of natural resources but also in drawing from each other's financial sectors, a top Indian-American official has said.

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Spectacular Falls For Solar, Wind And Battery Costs Squeeze Fossil Fuels

Spectacular Falls For Solar, Wind And Battery Costs Squeeze Fossil Fuels

The spectacular falls in the cost of wind and solar energy continued in 2017, dropping another 18 per cent across the globe, according to the latest report from Bloomberg New Energy Finance.

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Iraq To Reduce Fees Paid To Foreign Oil Companies

Iraq To Reduce Fees Paid To Foreign Oil Companies

Iraq will exclude oil by-products from foreign oil companies' revenues in new contracts expected to be awarded in June, an oil ministry official said on Thursday, effectively reducing production fees they receive from the government.

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Your PNG & CNG Budget May Rise As Govt May Hike Natural Gas Rates For Second Consecutive Time

Your PNG & CNG Budget May Rise As Govt May Hike Natural Gas Rates For Second Consecutive Time

Just days after a Bloomberg report said that the government is set to raise prices to a two year high, impacting household budgets, a CARE report estimates that the Narendra Modi-led administration is set to hike prices by as much as 6.2% from the current prices.

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India's Feb Oil Imports From Iran Up 1.3 Pc Year-On-Year

India's Feb Oil Imports From Iran Up 1.3 Pc Year-On-Year

India's oil imports from Iran rose by about 1.3 percent in February compared to last year, according to data from shipping and industry sources.

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Petrol Price In India Today Up; Mumbai, Chennai, Kolkata See Highest Hike, Check Other Cities

Petrol Price In India Today Up; Mumbai, Chennai, Kolkata See Highest Hike, Check Other Cities

Petrol price in India today: The uptrend in Indian petrol prices continued today, as the product rose in the range of 15 paisa to 17 paisa per litre in various state capitals. Petrol prices saw a surge despite global crude oil recording  drop in today's trading session. 

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India Raises Prices For Locally-Produced Natural Gas By 6%

India Raises Prices For Locally-Produced Natural Gas By 6%

India has raised the prices of locally produced natural gas by 6% to $3.06 per million metric British thermal units (mmBtu) for the April-September period in line with the rising international rates.

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Bharat Petroleum Plans $3 billion Petchem Plant Near Mumbai

Bharat Petroleum Plans $3 billion Petchem Plant Near Mumbai

India`s Bharat Petroleum Corporation Ltd (BPCL) plans to build a $3 billion petrochemical unit to serve the Mumbai region, a company official said, to profit from the country`s expected surge in demand for petrochemicals as its economy expands.

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Singapore 10 ppm Sulfur Gasoil Cash Differential Hits Year-To-Date High On Firm Demand

Singapore 10 ppm Sulfur Gasoil Cash Differential Hits Year-To-Date High On Firm Demand

The Singapore 10 ppm sulfur gasoil cash differential advanced 16 cents/b week on week to 45 cents/b Wednesday, a year-to-date high since S&P Global Platts moved its benchmark to 10 ppm sulfur gasoil from 500 ppm sulfur gasoil on January 1.

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Coaching Trains To Start Running With Electric Traction On Itarsi-Jabalpur-Itarsi Route From 30th March 2018

Coaching Trains To Start Running With Electric Traction On Itarsi-Jabalpur-Itarsi Route From 30th March 2018

Coaching trains will start running with electric traction on Itarsi-Jabalpur-Itarsi route from 30th March 2018. Initially, three pairs of trains will run with electric traction after which this will be extended for other trains also.

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Mumbai: Maharashtra CM, Union Railway Minister Inaugurate Andheri-Goregaon Local Train Route

Mumbai: Maharashtra CM, Union Railway Minister Inaugurate Andheri-Goregaon Local Train Route

Maharashtra Chief Minister Devendra Fadnavis and Union Railway Minister Piyush Goyal inaugurated the Andheri-Goregaon harbour line in Mumbai on Thursday. The new local train route was built at a cost of Rs 103 crore and will cater to 13,000 commuters every day, the Mumbai Mirror reported.

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Now, For The First Time, Leave Travel Concession For Railway Employees

Now, For The First Time, Leave Travel Concession For Railway Employees

Railway employees, for the first time, can now avail Leave Travel Concession (LTC), the government has said. In a circular issued by the Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training (DoPT) on March 27, the ministry said as per existing LTC instructions,

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Railways First All-Women Maintenance Batch Is Doing Incredible Work!

Railways First All-Women Maintenance Batch Is Doing Incredible Work!

The members of the first women batch of the Railway Electric Line Maintenance Section successfully carried on working with the electric lines on the railway tracks between Sasthamkotta and Thiruvalla, and Kayamkulam and Karuvatta, and performed dangerous tasks with ease.

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Mumbai Monorail: Safety Clearance Expected Soon As Trial Run For Second Phase Completed

Mumbai Monorail: Safety Clearance Expected Soon As Trial Run For Second Phase Completed

The Mumbai Monorail, between Wadala and Mahalaxmi, completed its trial run for the second phase on Wednesday after Commissioner of Railway Safety (CRS) expressed satisfaction over the safety concerns of Monorail.

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IRCTC’s Tourists’ Facilitation Centre Inaugurated At Jabalpur Rly Station

IRCTC’s Tourists’ Facilitation Centre Inaugurated At Jabalpur Rly Station

“Indian Railway Catering and Tourism Corporation Limited (IRCTC) is the faith of its customers and providing best tourism services to passengers in India and abroad.

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Safety Clearance For Mumbai Monorail Expected Soon As Trial Runs Completed

Safety Clearance For Mumbai Monorail Expected Soon As Trial Runs Completed

The trial run for the second phase of the Mumbai Monorail between Wadala and Mahalaxmi was completed on Wednesday after Commissioner of Railway Safety (CRS) expressed satisfaction over the concerns related to safety of Monorail.

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CAG On MMRDA Favouring Reliance; Goregaon-CSTM Launches

CAG On MMRDA Favouring Reliance; Goregaon-CSTM Launches

The Comptroller and Auditor General of India (CAG) has rapped the Mumbai Metropolitan Regional Development Authority (MMRDA) for allegedly giving undue favour to Reliance Industries Limited (RIL).

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