The Central Bureau of Investigation (CBI) has registered a preliminary enquiry (PE) against ICICI Bank CEO Chanda Kochhar’s husband Deepak Kochhar in connection with Videocon loan row, sources said on Saturday. Chanda Kochhar, her husband Deepak Kochhar, and Venugopal Dhoot, the promoter of Videocon Group are caught up in a controversy over ICICI allegedly granting […]
Month: March 2018
Hate flight delays? Avoid this to make your & everyone else’s life easier at the airport
Many people are afraid of getting delayed at the airport or missing the flight, especially in the holiday season when airports are crowded. While all such situations cannot be predicted or prevented, one precaution can root out a frequent cause of delays—packing your bags carefully. A lot of people are not aware that a prohibited […]
Oil PSUs to supply Euro-VI fuel in Delhi from April 1
State-owned oil firms will from tomorrow supply petrol and diesel meeting stringent Euro-VI emission norms in the national capital. Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Co will supply the less polluting fuel at all their outlets from tomorrow, IOC officials said. The Euro-VI grade fuel supplies in the national […]
SpiceJet to investigate allegations of strip search by cabin crew
SpiceJet is investigating its security personnel after allegations from airhostesses that they were strip-searched and touched inappropriately. A video shot of these airhostesses complaining about the incident has surfaced. It was shot at the Mumbai airport. A senior SpiceJet executive said it was a “pat-down” search. He added the number of such searches have increased […]
InfraLive Expose’: “Kochchar’s Renewable Empire”
Interview of Dr. Rashmi Singh, Editor, Infralive aired on Republic TV. Date: March 31, 2018
OPEC seeks “very long-term” cooperation with other oil exporters
OPEC is seeking “very long-term” cooperation with other oil exporters, the secretary general of the oil exporting group said on Wednesday. Mohammad Barkindo was commenting on news that top OPEC producer Saudi Arabia and non-OPEC Russia were working on a long-term pact that could extend controls over world crude supplies by major exporters for up […]
India must strengthen grid infra to boost renewable energy: IRENA
India must strengthen grid infrastructure to support its “strong push” towards renewable energy especially solar, said the head of the International Renewable Energy Agency (IRENA). “The main constrain in India right now is the grid,” said IRENA Director-General Adnan Z Amin. “There is a huge upsurge in investment,” he said of the renewable projects being […]
Thermal power projects with 65,861 Mw total capacity face 13% cost overrun
Thermal power projects under various stages of construction across the country are facing cost escalation of 13 per cent due to delays in implementation. Total capacity of these projects is pegged at 65,861.15 Mw. Original cost of these projects was estimated at Rs 4.46 trillion but due to time overruns, the cost has shot up […]
LNG shipment from Texas reaching India next month: Pradhan
The first liquefied natural gas (LNG) shipment from the US state of Texas will reach India within a week to provide a thrust to the country’s move towards a gas economy, Petroleum Minister Dharmendra Pradhan said on Wednesday. Briefing reporters following a meeting here with Texas Governor Greg Abbott, who is in India on an […]
Gail India offers three LNG cargoes from Sabine Pass for May to July
Gail India has offered three liquefied natural gas (LNG) cargoes for May to July loading from Sabine Pass in the United States, two traders said on Tuesday. The cargoes will be sold based on the U.S. benchmark Henry Hub gas price, one of them said. The tender closes on March 29 with same-day validity, the […]
India diesel use set for record in 2018 as election season heralds government spending
Demand for diesel in India is set to hit a record in 2018 as the government targets massive infrastructure spending in the fiscal year that starts April 1, with Prime Minister Narendra Modi seeking a second term in elections in 2019. Diesel consumption growth in calendar 2018 may be more than double last year, analysts […]
Kalpataru Power Transmission bags Rs 901 crore orders
Kalpataru Power Transmission Ltd (KPTL) on Tuesday said it has secured new orders of of Rs 901 crore. The company said it has won a turnkey order of Rs 643 crore for construction of 765 kV D/C transmission lines in Tamil Nadu from the state’s power transmission utility. Another order worth Rs 195 crore for […]