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June 20, 2018, Wednesday

Your Evening News Updates From Across The Media Space

STORY OF THE DAY

Reliance Industries posts 17.26% profit growth for Q4; Jio profit at Rs 510 crore

Reliance Industries posts 17.26% profit growth for Q4; Jio profit at Rs 510 crore

Reliance Industries (RIL) on Friday reported Rs 9,435 crore consolidated profit for the March quarter, its second-highest quarterly profit.

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MUST READ

BEML Eager To Do Indigenisation Of Bullet Train Parts

BEML Eager To Do Indigenisation Of Bullet Train Parts

BEML, a PSU under the defence ministry, is keen to enter the business of part indigenisation of bullet train components for which it has entered into an agreement with Japanese company Hitachi, a company official said.

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UP power utility to introduce Urja Mitra mobile application on 1 May

UP power utility to introduce Urja Mitra mobile application on 1 May

In bid to provide updates regarding electricity supply to consumers, Uttar Pradesh Power Corporation (UPPCL) will be introducing ‘urja mitra’ mobile application on May 1, 2018.

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U'khand Cabinet approves use of dry pine leaves for generating power

U'khand Cabinet approves use of dry pine leaves for generating power

The Uttarakhand Cabinet gave its nod to a policy, permitting commercial use of dry pine leaves, considered the main factor behind forest fires in the state, for generating electricity.

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Industrial schemes for J&K, Himachal Pradesh & Uttarakhand notified

Industrial schemes for J&K, Himachal Pradesh & Uttarakhand notified

Government has notified new industrial development schemes for Jammu & Kashmir, Himachal Pradesh and Uttarakhand to boost industrialisation, providing cheaper access to credit and interest incentive.

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Yogi Adityanath says power surcharge on farmers waived off with immediate effect

Yogi Adityanath says power surcharge on farmers waived off with immediate effect

Surcharge on power for farmers has been waived off with immediate effect, Uttar Pradesh Chief Minister Yogi Adityanath announced on Thursday evening.

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Liberty House trump's Tata Steel bid for Bhushan Power

Liberty House trump's Tata Steel bid for Bhushan Power

UK's Liberty House group has trumped a bid by Tata Steel to buy bankrupt Bhushan Power and Steel, according to people directly briefed on the matter.

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Tuticorin industries, thermal plants fuel pollution fears

Tuticorin industries, thermal plants fuel pollution fears

Activists and environmentalists fear that pollution which has been the scourge of Tuticorin city for decades may have taken a turn for the worse. Recently, Tuticorin stood 21st in a list of 94 polluted cities in the country identified by Central Pollution Control Board based on a five-year study ending in 2015. It was also the only city from the state on the list.

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Engie looked at buying Direct Energie but decided against it -CEO Kocher

Engie looked at buying Direct Energie but decided against it -CEO Kocher

Engie CEO Isabelle Kocher said the utility had considered buying independent power retailer Direct Energie but decided against it.

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Dutch car lessor plans more EVs in India amid push for clean air

Dutch car lessor plans more EVs in India amid push for clean air

The company anticipates a five-fold increase in battery-driven cars, says they could comprise more than 10 per cent of India’s total vehicles.

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Thermax wins Rs 279 cr order for captive cogeneration plant

Thermax wins Rs 279 cr order for captive cogeneration plant

Thermax Group has concluded a repeat order of Rs 279 crore from a leading public sector Fertiliser company to set up their captive cogeneration plant at Trombay. The project is for a GTG (Gas Turbine Generator)-cum-HRSG (Heat Recovery Steam Generator) based cogen plant of SOMW capacity on an EPC basis.

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Modi govt set to meet electrification target, but millions still in darkness

Modi govt set to meet electrification target, but millions still in darkness

Prime Minister Narendra Modi stormed to victory in 2014 on pledges to improve the lives of Indians, including bringing power to every citizen.

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India nears power success, but millions are still in the dark

India nears power success, but millions are still in the dark

Narendra Modi stormed to victory in 2014 on pledges to improve the lives of Indians, including bringing power to every citizen.

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RIL hits fresh 52-week high ahead of Q4 results

RIL hits fresh 52-week high ahead of Q4 results

Shares of Reliance Industries (RIL) climbed nearly 3 per cent to hit fresh 52-week high in Friday's trade ahead of its March quarterly results, slated for release later in the day.

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India Aims To Split Gail Within A Year To Open Up Gas Sector

India Aims To Split Gail Within A Year To Open Up Gas Sector

India plans to split state-run gas utility GAIL by March next year to create two companies: one marketing gas, and another operating pipelines that can be used by consumers who buy direct from producers, the head of the sector's regulator told Reuters.

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Development of Paradip Port to enhance employment: Oil minister Pradhan

Development of Paradip Port to enhance employment: Oil minister Pradhan

Union Petroleum Minister Dharmendra Pradhan opined that the development of the region around Odisha's Paradip Port will lead to the creation of around 20,000 direct employment opportunities.

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Analysis: Higher oil prices could be a game changer for Asia's trade-gap trio

Analysis: Higher oil prices could be a game changer for Asia's trade-gap trio

Asia's most externally vulnerable economies - India, Indonesia and the Philippines - have just taken a one-two punch.

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Crude oil futures fall 0.29%, hurt by weak global cues

Crude oil futures fall 0.29%, hurt by weak global cues

Crude oil futures fell 0.29 per cent to Rs 4,545 per barrel today in line with a weak overseas trend. Crude oil for delivery in May was trading lower by Rs 13, or 0.29 per cent, at Rs 4,545 per barrel with a business volume of 1,889 lots at Multi Commodity Exchange (MCX).

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Petrol, Diesel Prices Unchanged For Day 3. How Much Rates Are Up So Far This Month

Petrol, Diesel Prices Unchanged For Day 3. How Much Rates Are Up So Far This Month

There was no change in petrol and diesel prices today, a third day of steady rates. Currently, oil marketing companies - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation - review the rates on a daily basis.

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Petrol, diesel prices hurting both common-man and government: What really can be done

Petrol, diesel prices hurting both common-man and government: What really can be done

Petrol and diesel prices have not been hiked in the last four days but they are still at a multi-year high. The fuel prices in India has risen due to the international oil price rally since October last year.

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Rising Crude Prices: What It Means For India's Oil, Telecom Sectors

Rising Crude Prices: What It Means For India's Oil, Telecom Sectors

Public sector oil refining-marketing companies (OMCs) have taken a hammering in the past year. The downtrend is likely to continue. Bharat Petroleum Corporation (BPCL), Hindustan Petroleum Corporation (HPCL) and Indian Oil (IOC) are down 8.5 per cent, 10.8 per cent and 4 per cent, respectively in the last 30 days, and down by 19 per cent, 19.9 per cent and 62 per cent in the last year.

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Passengers use Wi-Fi service most to search for tourist places: Konkan Railway

Passengers use Wi-Fi service most to search for tourist places: Konkan Railway

Places of tourist interest and e-commerce websites were the two things most searched by passengers using the free Wi-Fi internet service at Konkan Railway stations, a senior official said today.

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MMRDA tells CAG to audit Reliance Metro

MMRDA tells CAG to audit Reliance Metro

The Mumbai Metropolitan Region Development Authority (MMRDA) has once again written to the Comptroller and Auditor General of India (CAG) to audit the accounts of Reliance Infra-led Mumbai Metro One Pvt Ltd (MMOPL) that built and runs Mumbai's first Metro corridor.

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Indian Railways Announces Summer Special Trains to Clear Extra Rush During Holiday Season

Indian Railways Announces Summer Special Trains to Clear Extra Rush During Holiday Season

The Indian Railways has announced the operation of a slew of special trains between May and June for the convenience of passengers and to clear the extra rush during summer vacation.

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Why is Japan Unhappy with Bullet Train Project in India?

Why is Japan Unhappy with Bullet Train Project in India?

The construction of a new high-speed railway line or Bullet Train Project in India, connecting Mumbai with the industrial city of Ahmedabad is underway. The Bullet Train Project in India is to be constructed after Japan’s Shinkansen system is a result of an agreement between Japanese PM Shinzo Abe and his Indian counterpart, Narendra Modi.

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Central Railway kicks off safety checks at level crossings

Central Railway kicks off safety checks at level crossings

The Khushinagar disaster, that killed 13 school children in Uttar Pradesh, has forced the Central Railway (CR) to go on a month-long safety drive and checks.

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Railway week celebrations begin in Visakhapatnam

Railway week celebrations begin in Visakhapatnam

The 63rd railway week celebrations began here on Thursday. The Waltair divisional railway manager MS Mathur spoke about the activities the division took up. Mathur said that the division was commissioned in the year 1893 with construction of Cuttack- Khurda Road-Puri railway line.

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Progress in eliminating UMLCs will be shared on website to increase accountability: Rail Ministry

Progress in eliminating UMLCs will be shared on website to increase accountability: Rail Ministry

Hours after 13 children died in an accident at an unmanned level crossing in Uttar Pradesh today, Railway Minister Piyush Goyal held a review meeting in which it was decided that the progress in eliminating such crossings will be shared on a website to increase accountability, a statement from the ministry said.

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Special Railways Trains: Western Railway To Run Bandra Terminus-Ghazipur, Gandhidham-bhagalpur Trains

Special Railways Trains: Western Railway To Run Bandra Terminus-Ghazipur, Gandhidham-bhagalpur Trains

To clear the extra rush of passengers during the summer season, the Western Railway (WR) will run special trains between Bandra Terminus and Ghazipur in Uttar Pradesh and between Gandhidham in Gujarat and Bhagalpur in Bihar. The Western Railway gave this information in a statement issued here today.

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