ONGC gets $32 million payment from Venezuela’s PDVSA

India’s Oil and Natural Gas Corp has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments and said it now hopes that Venezuela’s state oil firm will be regular in making further payments, a senior ONGC official said. “It is a good development,” said […]

MERC tells firm to explain ‘inflated’ power bills

Power regulator MERC on Tuesday issued a notice to Adani Electricity seeking an explanation on recent reports of consumers receiving “increased electricity bills”. It pointed out that the average tariff increase approved by MERC for Adani was 0.24% and said that there were complaints from consumers about receiving electricity bills based on average energy consumption […]

Soon fly from Delhi to Kerala in just Rs 3119

Soon you can fly from Hindon air base in Delhi-NCR to Kannur in Kerala at just Rs 3119! This may sound unbelievable especially for those who plan a trip to Kannur but are forced to postpone due to the limited number of flights and high air fares. According to a Malayalam Manorama news report, passengers […]

Delhi HC asks for original files of CBI probe in coal import over-pricing

The Delhi High Court on Tuesday directed the Central Bureau of Investigation (CBI) to bring the original record and investigation files related to the preliminary enquiry (PE) and case registered against the alleged ‘artificial over-pricing’ of coal imports being done by various power generation companies. The court has directed the probe agency to bring these […]