BHUBANESWAR: The National Company Law Appellate Tribunal (NCLAT) on Monday turned down Tata Steel’s plea to consider its bid for the debt-ridden Bhushan Power & Steel as the “most legitimate”. This places JSW Steel in a sweet spot to bag the insolvent company.
Category: The New Indian Express
New Indian Express
Oil Exports from Venezuela drop sharply against background of US sanctions: Reports
MOSCOW: The export of oil from Venezuela has been significantly decreasing against the background of US sanctions on the Venezuelan PDVSA state energy giant as well as the growing political crisis in the country, media reported, citing sources familiar with the matter.
Unfazed KSEB snubs Petronet LNG offer to reopen two power plants in Kerala
KOCHI: For years, Kerala has struggled to find a viable fuel source to fire its two power stations at Kayamkulam and Kochi.
1360 km of Tamil Nadu roads made National Highways over last 18 months
KOCHI: About 1360km of roads have been upgraded as National Highways (NH) in Tamil Nadu in the last 18 months. Besides, alignment and number of major NH roads, including Chennai-Bengaluru and Chennai – Tiruchy – Madurai, have been rationalised creating the longest North – South and West – South corridors of TN.
Power supply to be affected at parts of Chennai tomorrow
CHENNAI: For carrying out maintenance work, power supply will be suspended by Tangedco on Tuesday from 9 am to 4 pm in the following areas. According to a statement from Tangedco, the supply will be resumed before 5 pm if work is completed.
Delhi: Work begins for RS 650 crore elevated road corridor
NOIDA: The Uttar Pradesh State Bridge Corporation Ltd (UPSBCL) has started work on a much delayed 5.5 km-long elevated road project that aims at boosting connectivity in the National Capital Region.
Work of Kazhakoottam elevated highway speeds up
THIRUVANANTHAPURAM: The Kazhakoottam elevated highway, which has sped fast obstacles, is now progressing smoothly. The project organised under the Bharatmala Pariyojana Scheme is a key infrastructure project and will be completed at an estimated cost of Rs 195 crore. According to officials in charge, once completed, it will be the longest highway in the state.
Trivandrum airport privatisation: Kerala feels heat; KPMG blocked
THIRUVANANTHAPURAM: The state government on Friday felt the heat in connection with the privatisation of Trivandrum airport with the employees owing allegiance to the Airport Authority Employees Union (AAEU) thwarting the attempt of the officials of the KSIDC and its technical consultant KPMG to inspect the airport and documents.
IAF Mirage-2000 crash: Roar of a fighter jet is what excited Squadron Leader Samir Abrol
BENGALURU: “Patriotism is not outburst of emotions on national holidays, but it is the home of the brave….” said a Facebook post from Squadron Leader Samir Abrol, one of the two IAF pilots killed in Friday’s Mirage-2000 crash at the HAL airport.
IAF Mirage Mirage-2000 crash: Gone in a flash of flames and debris
BENGALURU: Syed Irfan was taking a break from his morning shift at the canteen of a private company with its office adjacent to the HAL Airport and was sipping a cup of tea when he heard a loud noise followed by growing flames and thick plumes of black smoke.
Twitterati target HAL after Mirage-2000 fighter jet crash
BENGALURU: Following the crash of Mirage-2000, the defence public sector undertaking Hindustan Aeronautics Limited (HAL) came under fire on Twitter. HAL had upgraded the ill-fated aircraft before being handed over to the IAF.
Naresh Goyal may resign, Jet Airways accepts Etihad’s bailout terms: Report
Jet Airways which is struggling under a pile of debt of 1.14 billion USD has reportedly accepted the conditions set by its partner Etihad for offering a lifeline to the domestic carrier.