Page 111 - Shine Jacob

Tax ghost of Rs 6,390 crore returns to trouble listing-ready IRFC

Railways has sought waiver from MCA, saying it may improve valuation of the company

Fuel price slide leads to confusion over margin maths of oil marketing cos

On Wednesday, prices of petrol touched a 15-month of Rs 68.65 a litre in Delhi, while diesel was seen at Rs 62.66 a litre

Opec rationing a cause of concern for India, says Dharmendra Pradhan

The oil cartel has decided to cut production by close to 1.2 million barrels per day (mbpd) following a drop in international crude oil prices in the last one month

World's largest refinery India plan likely to get delayed by three years

No land acquisition is underway at the site and the state has not issued any direction for acquiring land

You may have to pay more for petrol, diesel again due to Opec output cut

An increase of a dollar in oil prices on a permanent basis would increase the country's import bill by roughly $1.6 billion per annum

HPCL Q2 net profit down 37% at Rs 11 bn; merger with MRPL to happen in FY20

The company has decided to shut down all its refineries for a short duration to upgrade to BS-VI fuel norms

From Adani to Tata Steel, six companies to run own freight wagons

Earlier, there were schemes for private investment in special wagons and container train operators

Railways raises freight rates on key commodities by 8.75% to boost revenue

Rates applicable to coal, iron and steel, iron ore and raw materials for steel plants

Review payment terms to support weaker rupee: PM Modi to global oil majors

PM Modi also said even after a decade, oil and gas would be driving forces of the energy market

Speed of decision making not good for brand India: Robert Dudley, BP chief

He added that though there is a perception that India is challenged with oil and gas resources, it is blessed with a great market and whatever increased production will not be enough to fill it

Saudi Aramco set to invest heavily in Indian fuel retail, petrochem market

Saudi minister assures no supply shortage to India, believes conventional fuel will continue to dominate the energy sector

Govt's oil subsidy bill exceeds Rs 460 billion at end of September

Its 84 per cent higher than the budgeted estimate of Rs 250 billion for the whole financial year

Narendra Modi to meet global and domestic energy majors next week

He will address the India Energy Forum by CERAWeek, to be held in New Delhi from Sunday to Tuesday

A year after launch, Railways' station revamp plan back to drawing board

The first phase of the station redevelopment programme covering 23 stations that was launched with much fanfare had to be called off owing to lukewarm response from developers

Unclear subsidies under PMUY balloon, tech glitches block payments

At the same time, the rising international fuel prices had added to the government subsidy burden

Govt likely to share burden of further Indian Railways borrowing

A final call on this would be taken soon as the national transporter wants the extra money to be allotted to it in the form of Gross Budgetary Support (GBS)

How Railways plans to convert diesel locos into electric at a lower cost

The total shift to electric traction will reduce fossil fuel consumption of about 2.83 billion litres per annum

Africa should learn from India on solar use, says IEA's Fatih Birol

Birol said there is going to be a huge wave of LNG in the next five years, driven by many countries

Ircon stake sale on course; govt plans to raise around Rs 6 billion

Ircon might have to speed up this procedure and wind up its AGM by August to go for its listing in September

Adani, IOC, HPCL, BPCL in fray for city gas licence; govt gets 400 bids

Latest round to bring investment of about Rs 700 billion