 "Shine Jacob")
Shine Jacob
Shine Jacob
Shine Jacob is a senior journalist, with experience of over 15 years across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a business journalist in Kolkata and New Delhi.
Shine Jacob is a senior journalist, with experience of over 15 years across print and electronic media. He has covered a wide range of sectors, including energy, infrastructure, logistics, and the automobile industry. He has previously worked with the Times of India, Moneycontrol, Livemint, Cogencis, in addition to regional Malayalam media. Currently based in Chennai, he has also worked as a business journalist in Kolkata and New Delhi.
Page 107 - Shine Jacob
Indian Railways all set to overhaul its age-old signalling system
The Indian Railways is replacing its outdated signalling system with the latest automated train protection technologies
 "Indian Railways all set to overhaul its age-old signalling system")
60% of Bharat Petroleum staff eligible for voluntary retirement scheme
Firm offers VRS ahead of privatisation
 "60% of Bharat Petroleum staff eligible for voluntary retirement scheme")
Govt plans to sell Bharat Petroleum Corp stake in time-bound manner
There were speculations that the deadline for submitting the expression of interest (EOI) might be extended further from the current date of July 31
Government likely to extend deadline for BPCL bidding for third time
A major roadblock before international investors is the shutdown of flights
 "Government likely to extend deadline for BPCL bidding for third time")
Govt plans to lease out dedicated freight corridor tracks to private firms
To rope in telecom companies and make use of optic fibre network
 "Govt plans to lease out dedicated freight corridor tracks to private firms")
GMR, Sterlite, Bharat Forge, Bombardier among bidders for private trains
The private entities for the projected will be selected through a two-stage competitive bidding process comprising Request for Qualification (RFQ) and Request for Proposal (RFP)
 "GMR, Sterlite, Bharat Forge, Bombardier among bidders for private trains")
Oil marketing companies invite start-ups to deliver diesel at doorstep
The OMCs - Indian Oil, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation - have invited expressions of interest (EoIs) from start-ups that wish to be enrolled as FuelEnts.
 "Oil marketing companies invite start-ups to deliver diesel at doorstep")
As revenue dips in Covid times, govt sets ball rolling for BPCL sale
The biggest deals are expected to the initial public offering of LIC and the BPCL deal. Other planned privatisation candidates include Air India, Concor, and Shipping Corp
 "As revenue dips in Covid times, govt sets ball rolling for BPCL sale")
Revamp of New Delhi, Mumbai stations on track, outlay pegged at Rs 6,600 cr
All these stations will have airport-like pre-determined user charges on passengers and visitors, as one of the main revenue streams for the concessionaire of the redeveloped stations
 "Revamp of New Delhi, Mumbai stations on track, outlay pegged at Rs 6,600 cr")
Nine companies in last lap for redevelopment of four railway stations
Nagpur, Gwalior, Amritsar and Sabarmati to see investment of about Rs 1,300 crore
 "Nine companies in last lap for redevelopment of four railway stations")
Railtel gives a fillip to Railways' digital drive amid Covid-19 pandemic
While the initiative of e-office got a push in the last three months, the usage of the commercial bandwidth of Railtel increased 1.5 times and retail bandwidth by 2.25 times during this period.
 "Railtel gives a fillip to Railways' digital drive amid Covid-19 pandemic")
IOC's special winter-grade diesel powers Indian soldiers in Ladakh
This fuel can withstand extremely low temperatures of around minus 33 degree Celsius.
 "IOC's special winter-grade diesel powers Indian soldiers in Ladakh")
India's first private train in just three years: All you need to know
Business Standard's Assistant Editor Shine Jacob gives a sense of this announcement in detail
 "India's first private train in just three years: All you need to know")
Covid-19 crisis drags Indian Railways' freight traffic down 21% in Q1
Its earnings from freight also saw 31 per cent fall to Rs 22,266 crore for the April-June period.
 "Covid-19 crisis drags Indian Railways' freight traffic down 21% in Q1")
India's first private train to be on track by April 2023: Indian Railways
The Railways indicated that the plan to rope in private players came after an estimate showed that passenger traffic is expected to grow by 55 per cent from the current level by 2030
 "India's first private train to be on track by April 2023: Indian Railways")
Railways fast-tracks proposal to let private players operate 151 trains
Move to see investment of around Rs 30,000 crore
 "Railways fast-tracks proposal to let private players operate 151 trains")
The impact of a surge in diesel prices on the fuel's usage in some sectors
Even if we take the increase in prices in Delhi from June 7 till now, a hike of Rs 11.14 will increase the cost for the transport sector by Rs 2,665 cr, for farm sector by Rs 1,053 cr and for private
 "The impact of a surge in diesel prices on the fuel's usage in some sectors")
Shrikant Madhav Vaidya takes charge as IOC Chairman, succeeds Sanjiv Singh
Prior to his elevation, Vaidya was the Director (Refineries) on the IOC Board, since October 2019
 "Shrikant Madhav Vaidya takes charge as IOC Chairman, succeeds Sanjiv Singh")
How Railtel used the Covid-19 lockdown to boost Railways digital drive
While the initiative of e-office got a push in the last three months, the usage of the commercial bandwidth of Railtel increased 1.5 times and retail bandwidth by 2.25 times during the same period
ONGC posts loss of Rs 10,529 cr in Q4 over falling crude prices, lockdown
The company's revenue from operations declined by 7 per cent to Rs 104,489 crore for the period under review, compared to Rs 112,539 crore in Q4FY19.
 "ONGC posts loss of Rs 10,529 cr in Q4 over falling crude prices, lockdown")