New Delhi: India is considering a plan to sell the nation’s second-largest state refiner and fuel retailer to a global oil company as it explores options to give up its controlling stake in Bharat Petroleum Corp. Ltd., people with knowledge of the matter said. The government is keen to lure multinational companies in the domestic […]
Category: Deccan Chronicle
Deccan Chronicle
Power gencos outstanding dues on discoms rises 57 pc to Rs 73,000 crore in July
New Delhi: The outstanding dues of distribution utilities from power producers have risen by more than 57 per cent to Rs 73,748 crore in July 2019 compared to the same month last year, showing stress in the sector. According to PRAAPTI portal, distribution companies owed a total of Rs 46,779 crore to power generation companies […]
Saudi Aramco tells Indian refiner it will get oil: source
Saudi Aramco has told one Indian refinery there will be no immediate impact on oil supplies as it will deliver crude from other sources and had adequate inventory, a source with the refinery said on Sunday. Aramco has lost half of its production capacity after attacks on its facilities on Saturday and it remains unclear […]
Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal
New Delhi: Air India posted an operating loss of around Rs 4,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials. Reflecting tough business conditions, the airline’s net loss stood at about Rs […]
Huawei shows innovation is redefining energy
Huawei has launched a series of 5G and AI-based innovative energy solutions at World Energy Congress 2019, under the theme ‘Innovation Is Redefining Energy’. Huawei collaborated with over 70 energy ministers, 500 energy CEOs, and numerous partners, with these attendees coming from over 150 countries to expand the vision driving sustainable energy development by innovative […]
Top 5 Electric Vehicle startups to watch out for
The harmful effects of air pollution and the related health issues we are facing due to exhaust emissions is well understood. It is time to act on it soon before it’s too late. As consumers, we can play our part. The solution to this is to adopt a sustainable mobility option – an Electric Vehicle […]
Petrol price up by 7 paise, diesel by Rs 5 paise across major cities
Mumbai: Petrol and diesel price rose again on Thursday with a climb of 5-7 paise in petrol costs whereas diesel was raised by 5-6 paise per litre across major cities of the country. On Wednesday, retail of petrol and diesel price was kept unchanged by the oil marketing companies. In Delhi petrol and diesel are […]
Coal India output drops 10.3 per cent in August
New Delhi: Coal India (CIL) Sunday said its production in August fell by 10.3 per cent to 34.77 million tonnes. CIL’s production in the same month a year ago stood at 38.78 million tonnes.
VS Sunilkumar sets deadline to repair Kuthiran road
Thrissur: Agriculture minister V.S. Sunilkumar has warned officials of the National Highway Authority of India (NHAI) of severe action if they did not fill up the craters at the Kuthiran Climb on NH between Thrissur and Palakkad in 48 hours. The area is facing acute traffic snarls for the past eight years due to the […]
30 additional flights daily from Kerala in winter plan
Thiruvananthapuram: There will be 30 additional flights daily from four international airports in the state to destinations in the country and abroad in the winter schedule effective from October 27. They include five flights from Thiruvananthapuram to Delhi.
Finally, govt wakes up to Kochi’s roads
KOCHI: Faced with the increasing public wrath against the deplorable condition of roads resulting in heavy traffic congestion at the busy Vyttila and Kundanoor junctions, where flyover construction is progressing, the state government has intervened to resolve the issue. As directed by PWD Minister G. Sudhakaran, PWD principal secretary G. Kamalavardhana Rao visited the spots […]
Kochi: Tender okayed violating norms
KOCHI: The tender submitted by RDS Projects Ltd, the Delhi-based construction company, contractor for the Palarivattom flyover project, was approved violating norms. Sources in Vigilance and Anti-Corruption Bureau(VACB), probing the corruption in connection with the flyover project, said the Delhi firm has failed in submitting the documents certifying the qualifications of the company in undertaking […]