RIL has sought quashing of the FIR lodged against it by the ACB of the Delhi govt in 2014
Reliance Industries Ltd (RIL)on Friday told the Delhi High Court the FIR lodged against it and two UPA ministers on alleged irregularities in raising gas price from KG-6 basin was liable to be quashed in view of its larger bench ruling that the Delhi government’s ACB does not have power to probe central government officials.
GAIL (India) announced that a meeting of the Board of Directors of the Company is scheduled on 25 January 2017, inter alia, to consider issuance of bonus shares and fund raising by issuance of bonds on private placement basis.
With 21 states now agreeing to go along with the Ujjwal Discoms Assurance Yojana (UDAY), the scheme to rescue the finances of electricity distribution companies (discoms), the Union ministry of power will do a mega tender for procuring ‘smart meters’ for these states.
In a move that is expected to make short distance travel cheaper on long route trains, the Railway Ministry has lifted restrictions on issuing short distance tickets for sleeper and AC coaches of long haul trains.