Subsidised cooking gas (LPG) price was today raised by over Rs 7 per cylinder, in line with the government’s decision to hike prices every month so that all subsidises are eliminated by this fiscal-end. A subsidised 14.2-kg LPG cylinder now costs Rs 487.18 in Delhi as against Rs 479.77 previously, according to Indian Oil Corporation, […]
Day: September 1, 2017
High power usage to cost more from this month, but only by a bit
After remaining unchanged for two years, electricity cost in the capital will change from Friday. However, the difference in the bill amount will likely remain minuscule since the rate for units consumed have been left untouched and only the fixed charge component has been restructured. Announcing the new tariff schedule for 2017-18 on Thursday, Delhi […]
India invites Total to boost investment in oil, gas projects: Dharmendra Pradhan
India has invited French oil major Total SA to invest in the country’s oil and gas infrastructure, Oil Minister Dharmendra Pradhan said on Friday. “Encouraged Total to invest in infrastructure, gas pipelines, LNG terminals and petrochemicals,” Pradhan said in a tweet after a meeting with Total chairman Patrick Pouyanne. Total has a 26 percent stake […]
Gopal Singh given interim charge of Coal India CMD
The government has given interim charge of Coal India Ltd Chairman to Gopal Singh, Chairman of Central Coalfields Ltd. Singh has been given the charge on Friday after the position of Coal India chairman fell vacant following superannuation of the incumbent chairman Suthirtha Bhattacharya. The selection process of the chairman for Coal India was scrapped […]
Coal India expects Rs 527 crore additional revenue after revisions
Coal India Ltd (CIL) on Friday said it is expecting to garner about Rs 527 crore of additional annual revenue with revisions in sizing, loading charges and additional charges for supply of slack and steam coal. “Coal India Ltd in its 346th Board meeting held on August 31, 2017, approved the revision in sizing charges, […]
Employee contract renewals on hold at Air India amid govt’s divestment push
Air India Ltd has put employee contracts that were coming up for renewal and proposals for post-retirement engagement on hold amid the Modi government’s push for the airline’s privatisation, Livemint reported on Friday. According to the financial daily, Air India has had difficulty in recruiting management staff for a long time. Instead, according to the […]