Petronet LNG Q1 net soars 58 percent; appoints new CEO

Petronet LNG Q1 net soars 58 percent; appoints new CEO

🕔15:08, 31.Jul 2015

New Delhi, July 31  Petronet LNG has reported a 58 percent jump in net profit at Rs.247.50 crore for the first quarter ended June mainly on the back of a tax reversal. The company had posted a net profit of

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Parties should be united against terrorism: Rajnath Singh

Parties should be united against terrorism: Rajnath Singh

🕔14:50, 31.Jul 2015

New Delhi, July 31  Union Home Minister Rajnath Singh on Friday asked all political parties to present a united front to the world against terrorism. “Neither the country, nor the parliament should look divided on terrorism which is the biggest

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NTPC Signs JVA for Patratu

NTPC Signs JVA for Patratu

🕔11:06, 31.Jul 2015

NTPC and Government of Jharkhand and Jharkhand Bijli Vitran Nigam Limited (JBVNL) signed a JVA for Performance Improvement and Capacity Expansion of  Patratu Thermal Power Station (PTPS)  in the presence of CM, Jharkhand, Chief Secretary, GOJ, CMD, NTPC, Director (Commercial),

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Three-day shutdown in Jammu over AIIMS

Three-day shutdown in Jammu over AIIMS

🕔11:03, 31.Jul 2015

Jammu, July 31 A committee of lawyers, traders and civil society members called for a three-day shutdown in Jammu beginning on Friday, accusing the central government of going back on its promise of setting up an AIIMS here. A coordination

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Delhi government releases pension of retired DTC employees

Delhi government releases pension of retired DTC employees

🕔11:00, 31.Jul 2015

New Delhi, July 31  The Delhi government on Thursday released two months’ pension of retired employees of the Delhi Transport Corporation (DTC), an official said. A fund of Rs.29.64 crore has been released for paying pensions of May and June,

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Odisha aims to sell power by 2016-17

Odisha aims to sell power by 2016-17

🕔10:59, 31.Jul 2015

Bhubaneswar, July 31  Odisha plans to be self-reliant in the power sector and has set a target to sell surplus power generated in the state to other states by 2016-17, an official said on Thursday. The state expects to avail

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Mobikwik introduces cash pickup facility

Mobikwik introduces cash pickup facility

🕔10:59, 31.Jul 2015

New Delhi, July 31  Mobile wallet company MobiKwik on Thursday launched its “Cash Pickup” service, a facility that allows cash to be directly added to MobiKwik wallet. The service, which will soon be launched across all major cities in India,

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Gold prices drop on global cues

Gold prices drop on global cues

🕔10:56, 31.Jul 2015

New Delhi, July 31  Gold prices fell globally to near a five-and-a-half year low on Thursday as the dollar strengthened ahead of US economic data, but in India, the price varied between five and five-and-a-half year low. The yellow metal

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Urban Ladder unveils new app for home shoppers

Urban Ladder unveils new app for home shoppers

🕔10:56, 31.Jul 2015

Bengaluru, July 31  Leading online furniture and home decor firm Urban Ladder on Thursday unveiled an app to helps users choose products that will suit their homes. “Users can visualize their room(s) through our new app and buy furniture to

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Hindustan Construction’s Q1 net profit down 70 percent

Hindustan Construction’s Q1 net profit down 70 percent

🕔10:55, 31.Jul 2015

Mumbai, July 31  Hindustan Construction on Thursday reported a 70 percent fall in its net profit for the first quarter of the current fiscal. According to the company, its net profit stood at Rs.8.02 crore in the quarter under review

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White House cites India’s support to sell Iran nuclear deal

White House cites India’s support to sell Iran nuclear deal

🕔10:54, 31.Jul 2015

Washington, July 31  The White House has again warned that if the Republican controlled Congress kills the historic nuclear deal with Iran, it would be impossible to assemble an international coalition, including India, to back sanctions against Tehran. The Iran

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NITI Aayog prepars roadmap for development of northeast

NITI Aayog prepars roadmap for development of northeast

🕔10:50, 31.Jul 2015

New Delhi, July 31  The NITI Aayog is preparing a roadmap for the development of the country’s eastern and northeastern regions, Minister of State for Planning Rao Inderjit Singh said on Thursday. He said inputs have been sought from ministries

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Problems best solved outside UN Security Council: India

Problems best solved outside UN Security Council: India

🕔10:48, 31.Jul 2015

United Nations, July 31  Solutions to global problems are best found outside the Security Council in forums like the General Assembly that are democratic, inclusive and transparent, India declared on Thursday. Speaking at a Council debate on peace and security

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No artificial under-valuation of land by PSUs

No artificial under-valuation of land by PSUs

🕔10:38, 31.Jul 2015

New Delhi, July 31 Denying that public sector undertakings engage in artificial under-valuation of land in their books, the government on Thursday told parliament that they are free to get their assets assessed at current market value while accessing bank

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SAIL’s modernized Plant at IISCO despatch first export consignment of Blooms

SAIL’s modernized Plant at IISCO despatch first export consignment of Blooms

🕔10:27, 31.Jul 2015

New Delhi/Burnpur, 31 July, 2015: Steel Authority of India Ltd.’s IISCO Steel Plant (ISP) dispatched its first export consignment of 45 wagons of Steel blooms today. The consignment amounting to 2764 Metric Tonnes was flagged off from the West Yard

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Reliance Power moves court over coal block cancellation

Reliance Power moves court over coal block cancellation

🕔21:46, 30.Jul 2015

New Delhi, July 30 (IANS) Reliance Power on Thursday said it has filed a writ petition in the Delhi High Court, challenging the government’s withdrawal of the Chhatrasal coal block for the company’s Sasan ultra mega power project in Madhya Pradesh.

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SJVNL Q1 profit up 25.53 percent

SJVNL Q1 profit up 25.53 percent

🕔21:45, 30.Jul 2015

New Delhi, July 30 (IANS) With an increase in installed capacity, Satluj Jal Vidyut Nigam Ltd. (SJVNL) has recorded a 24.53 percent increase in net income during the first quarter of this fiscal, it was announced here on Thursday. The net

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Tampering with RBI’s autonomy will damage economy : Moody’s

Tampering with RBI’s autonomy will damage economy : Moody’s

🕔21:44, 30.Jul 2015

New Delhi, July 30 (IANS) American research firm Moody’s Analytics, in a report on Thursday, warned against the NDA government’s moves to tamper with the autonomy of the Reserve Bank of India in deciding on interest rates, as being potentially damaging

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Coal block case: Court notice to CVC director

Coal block case: Court notice to CVC director

🕔21:42, 30.Jul 2015

New Delhi, July 30 (IANS) A court here on Thursday issued notice to the director of the Central Vigilance Commission (CVC) while hearing a closure report in a coal block allocation case allegedly involving Prakash Industries Ltd. Observing that the case

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NTPC Q1 net falls 3 percent on lower generation

NTPC Q1 net falls 3 percent on lower generation

🕔20:37, 30.Jul 2015

New Delhi, July 30 (IANS) State-run power generator NTPC on Thursday reported a 3 percent fall in net profit for the first quarter ended June due to lower generation and plant efficiency as denoted by plant load factor (PLF). The company

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