Shine Jacob
 "Shine Jacob")
Shine Jacob
Shine Jacob is a seasoned journalist and short-story writer with an experience of over a decade and a half 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 financial journalist in Kolkata and New Delhi.
Shine Jacob is a seasoned journalist and short-story writer with an experience of over a decade and a half 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 financial journalist in Kolkata and New Delhi.
Page 111 - Shine Jacob
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
 "You may have to pay more for petrol, diesel again due to Opec output cut")
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
 "HPCL Q2 net profit down 37% at Rs 11 bn; merger with MRPL to happen in FY20")
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
 "From Adani to Tata Steel, six companies to run own freight wagons")
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
 "Railways raises freight rates on key commodities by 8.75% to boost revenue")
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
 "Review payment terms to support weaker rupee: PM Modi to global oil majors")
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
 "Speed of decision making not good for brand India: Robert Dudley, BP chief")
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
 "Saudi Aramco set to invest heavily in Indian fuel retail, petrochem market")
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
 "Govt's oil subsidy bill exceeds Rs 460 billion at end of September")
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
 "Narendra Modi to meet global and domestic energy majors next week")
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
 "A year after launch, Railways' station revamp plan back to drawing board")
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
 "Unclear subsidies under PMUY balloon, tech glitches block payments")
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)
 "Govt likely to share burden of further Indian Railways borrowing")
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
 "How Railways plans to convert diesel locos into electric at a lower cost")
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
 "Africa should learn from India on solar use, says IEA's Fatih Birol")
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
 "Ircon stake sale on course; govt plans to raise around Rs 6 billion")
Adani, IOC, HPCL, BPCL in fray for city gas licence; govt gets 400 bids
Latest round to bring investment of about Rs 700 billion
 "Adani, IOC, HPCL, BPCL in fray for city gas licence; govt gets 400 bids")
Firms shy away from providing WiFi at railway stations
RailTel has revised the final date for bidding as many as 10 times over the past two months
 "Firms shy away from providing WiFi at railway stations")
Railways to procure 100,000 wagons for Rs 200-250 billion in 5 yrs
With 100% electrification, poised to become a net zero carbon emitter by 2030
 "Railways to procure 100,000 wagons for Rs 200-250 billion in 5 yrs")
HPCL merger: MRPL faces minimum 25% public shareholding norms test
MRPL has time till August 21 to meet minimum public shareholding norms; merger process could take much longer
 "HPCL merger: MRPL faces minimum 25% public shareholding norms test")
Coal loading powers 7.26% rise in rail freight during April-May
Other sectors like cement and fertilisers, too, posted marginal increase in traffic compared to last year
 "Coal loading powers 7.26% rise in rail freight during April-May")
