The Directorate General of Civil Aviation (DGCA) is likely to ground over 130 pilots and 430 cabin crew members of national carrier Air India for allegedly skipping the mandatory pre and post-flight alcohol test. These crew members had regularly been “evading” the breath analyser test over a period of time for flights to and from […]
Month: September 2017
IOCL seeks paths to Narendra Modi’s cleaner future
India’s top oil refiner is exploring the use of natural gas and electricity to power vehicles as Prime Minister Narendra Modi’s government envisions multiple paths toward reducing the country’s dependence on petroleum-based fuels. Indian Oil Corp., which supplies about half the oil products to the world’s fastest-growing consumer, is aiming to sell natural gas for […]
India hands over off-shore patrol vessel to Sri Lanka for surveillance
Stepping up cooperation between the two coast guards, India on Tuesday handed over an off-shore patrol vessel, Varuna, to Sri Lanka, the Indian maritime security agency said. The ship was decommissioned with traditional honours on August 23 to facilitate the handing over at Kochi. India has earlier handed over two OPVs of the Indian Coast […]
Air India disinvestment: Employee interest will be protected, assures Raju
Aiming to allay employee fears in the face of a possible divestment of Air India (AI), Union Civil Aviation Minister Ashok Gajapathi Raju has said their interests would be “safeguarded”. The government plans to address the concerns of the national airline’s employees and take some “key decisions” to set the ball rolling for the eventual […]
Data analysis: India’s petrol and diesel prices among Southeast Asia’s costliest
Petrol and diesel were selling at Rs 69.26 and Rs 57.13 a litre last Friday, prices much higher than what prevailed on the same day in southeast asian nations such as Malaysia and Indonesia and neighbouring countries like Pakistan, Nepal, Sri Lanka, Bhutan. The difference between the petrol and diesel prices of India and Malaysia […]
BRICS Summit: Modi, Putin vow to boost cooperation in oil and natural gas
Prime Minister Narendra Modi on Monday held talks with Russian President Vladimir Putin and discussed ways for boosting bilateral trade and investment, especially in the oil and natural gas sector. The two leaders met in this southeastern Chinese city on the sidelines of the BRICS Summit. “The two sides basically touched upon several aspects of […]
LPG price hiked by Rs 7 per cylinder, ATF by 4%
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, […]
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 […]