NEW DELHI: India’s imports of Russian oil hit another record last month as the South Asian nation potentially nears the limit of its buying splurge from the major OPEC+ producer. Daily volumes climbed to 2.2 million barrels a day in June, rising for a 10th month, according to Viktor Katona, the head of crude analysis […]
Category: The Times of India
Times of India
Oil companies to wait and watch fuel prices as OPEC+ extends output cut
NEW DELHI: The wait for a reduction in pump rates just got longer after Saudi Arabia on Monday extended its voluntary oil production cut by a month till August and Russia supported the move to lift prices by pledging to reduce exports by 500,000 barrels per day (bpd). Coming amid demand concerns, the latest pledges […]
Tube Investments subsidiary TICMPL picks up 50% stake in Jayem Auto
CHENNAI: TI Clean Mobility Private Limited (TICMPL), a subsidiary of Tube Investments of India Limited (TII), has entered into definitive agreements to acquire 50% stake in Coimbatore-based Jayem Auto through a combination of primary subscription and secondary purchase of shares, for a total sum of up to Rs 206 crore. TICMPL has also announced its […]
Brajesh Kumar Tripathy takes additional charge of CVO at NLC India
NEW DELHI: Brajesh Kumar Tripathy on Monday assumed the additional charge of Chief Vigilance Officer (CVO) at NLC India Ltd, an official statement said. Tripathy, a 1996-batch officer of Indian Railway Service of Engineers (IRSE), is the CVO at Coal India Ltd (CIL), a ministry of coal statement said. NLC India and CIL are the […]
Torrent forays into green hydrogen with Gorakhpur pilot project
NEW DELHI: Torrent Power on Monday announced its entry into the green hydrogen (GH2) arena with a pilot project for blending natural gas sold as CNG and PNG through its city gas networks with the ‘fuel of the future’. The company said it is looking at injecting 2.5% GH2 into its city gas networks from […]
Torrent Power begins pilot on blending green H2 in CGD network
AHMEDABAD: In a major push towards green energy adoption, integrated power utility major, Torrent Power Limited, on Monday announced that it has initiated a pilot project to blend green hydrogen with natural gas in its city gas distribution (CGD) network. The pilot project, which is based on alkaline electrolysers, is expected to complete in the […]
SpiceJet is most delayed Indian airline as summer rush hits
NEW DELHI: Passengers on cash-strapped SpiceJet Ltd are experiencing the most flight disruptions in India, the world’s fastest-growing aviation market. With the busy summer travel season arriving, only 61% of SpiceJet’s flights departed on time from the country’s four biggest airports — Mumbai, Delhi, Bengaluru and Hyderabad — in May, according to the Directorate General […]
Airfare to key destinations nosedives as vacation ends
HYDERABAD: With summer vacation drawing to a close and schools reopening, flight fares on many routes connecting Hyderabad have seen a substantial drop. These include destinations such as Delhi, Mumbai and even Visakhapatnam. While a flight from Delhi to the city in the second week of June shot up to as high as Rs 15,000, […]
Safilguda rly crossing shut for good, commuters fume
SECUNDERABAD: Residents in Malkajgiri municipal area, one of the largest residential and commercial areas in Greater Hyderabad, are a troubled lot for the past eight months, having to take a 2-3km detour owing to closure of Safilguda railway crossing gate by South Central Railway (SCR). The level crossing, which had 1.5 lakh people crisscrossing it […]
Gruha Jyothi scheme: Those with dues can also avail free power, says Karnataka energy department
BENGALURU: A day after rolling out the Gruha Jyothi guarantee programme which provides 200 units of free electricity a month to households – if certain conditions are met – the energy department on Sunday announced a few relaxations since more than one crore eligible households are yet to enrol. The department clarified that consumers with […]
Now, generate metro ticket on mobile
NEW DELHI: The Delhi Metro Rail Corporation (DMRC) on Friday launched a mobile app for generating convenient and hassle-free mobile QR tickets across its network. Paper-based QR tickets will continue to be available. The app, DMRC Travel, was launched by Vikas Kumar, managing director of DMRC from the headquarters at Metro Bhawan. With this app, […]
Labourer electrocuted at under-construction site on LNJP Hospital premises in Delhi
NEW DELHI: A labourer was electrocuted at an under-construction building on the premises of a hospital in Delhi on Sunday, officials said. The deceased was identified as Sujeet Kumar, a resident of Samastipur in Bihar, they said. At around 9 am, Kumar was brought to the emergency of the Delhi government-run Lok Nayak Jai Prakash […]