In a rare move, the government has re-appointed A K Sharma as the Director (Finance) of Indian Oil Corp (IOC). This is a first under the current government at the Centre, where a PSU director has been re-employed in the same position after retirement.
Power utility companies are expecting massive demand for power in the next Rabi crop season and have decided to gear up for the same. A high-level meeting of TS Genco, TS Transco, SPDCL and NPDCL officials was held in Hyderabad on Saturday
The National Company Law Appellate Tribunal (NCLAT) on Monday allowed 22 domestic subsidiaries of Infrastructure Leasing & Financial Services Ltd (IL&FS) to service their operational and financial debt obligations.
As much as `4,228 crore has remained unpaid to NTPC for over two months from the date of issue of bills by various distribution companies (discoms) in three states of Telangana, Andhra Pradesh and Karnataka.
The export of oil from Venezuela has been significantly decreasing against the background of US sanctions on the Venezuelan PDVSA state energy giant as well as the growing political crisis in the country, media reported, citing sources familiar with the matter.
The petrol bunk constructed in the outer periphery of the Central Prison, Vellore, is ready to launch. The commercial operations are expected to be set in motion soon.
Public sector oil major Indian Oil Corporation (IOC) on Wednesday reported a 91 per cent fall in its third quarter net profit, primarily due to lower refining margins and inventory losses due to falling crude oil prices.
Kochi Metro Rail Limited (KMRL) in association with Gandhi Peace Foundation will commemorate the Martyrs’ Day, on Wednesday at Kacheripady. Students of various schools and colleges in Kochi city will attend the event.
Rail passengers will no longer have to bear with the discomfort of sudden jerks while starting and stopping of trains that run with LHB rakes. The Southern Railway
The Railways’ state-of-the-art Train 18 got safety clearance on Friday from the Electrical Inspector to the Government (EIG), sources said. With this, the ministry has written to the PMO seeking time from Prime Minister Narendra Modi for the train’s formal launch, they said.
