(HT) The CBI has arrested a deputy general manager of Oil and Natural Gas Corporation (ONGC) from Kakinada city in Andhra Pradesh for accepting a bribe of Rs 4 lakh, an official said on Thursday. P Venkata Ramana, who is deputed in the technical department of ONGC in Kakinada, was arrested while he was taking the bribe in a trap laid by the Central Bureau of Investigation (CBI) following a complaint against him. “Ramana has been booked under the Prevention of Corruption Act following allegations of demanding and accepting the bribe of Rs 4 lakh from a contractor to help…
Author: khabarindia
(BS) Reliance Industries (RIL) said it will make an offer for issuing non-convertible debentures (NCDs) worth Rs 2500 crore next week. The net proceeds of the issue will be utilised inter-alia for refinancing of existing borrowings and for any other purpose in the ordinary course of business, it said. The announcement was made after market hours yesterday, 30 August 2017. Meanwhile, RIL said it fixed 9 September 2017 as the record date for the proposed 1:1 bonus issue of the company. Wipro said it has fixed 15 September 2017 as the record date for the purpose of determining the entitlement and the names of…
(FE) Thirteen states issued Ujwal Discom Assurance Yojana (UDAY) bonds for Rs 1,09,100 crore in FY17, the annual report released by the Reserve Bank of India noted. While about 45% of the UDAY bonds were issued in the fourth quarter of the financial year, their spreads between the corresponding tenor/10-year FIMMDA G-Sec yield declined to 35-75 bps in FY17. Eight states had raised Rs 99,000 crore in FY16 and the above spread was fixed at 75 bps in the period. Governments of 16 states have taken over around Rs 2.32 lakh crore of debt of their discoms under UDAY conditions.…
Minister of State for Petroleum and Natural Gas Dharmendra Pradhan on Wednesday said that the government implemented Kirit Parikh committee on time which reduced subsidy burden that was a barrier in country’s growth. He also said that the government agreed to Dr. Parikh Report in principle but requested him to devise a complete roadmap factoring in technology disruptions and local factors. “The price of oil reduced in the global market, and we applied the recommendation of Kirit Parikh committee simultaneously,” Pradhan added.Expert Group to advice on Pricing Methodology for Diesel, Domestic LPG and PDS Kerosene under the chairmanship of Dr Kirit…
(FE) Despite Indian Railways (IR) putting in place enough wagons to transport coal, its freight from the commodity is likely to be hit as subsidiaries of Coal India (CIL) are not being able to load the targeted quantities. At the start of the year, the coal-loading target for CIL was agreed at 244 rakes per day. However, during the first three months of financial year 2018, coal loading from CIL averaged at 220 rakes per day. In a meeting between the coal ministry and the railway ministry on June 30, it was jointly decided that CIL would load 239 rakes per day for the…
(TH) Domestic cooking gas or Liquified Petroleum Gas prices in the country were hiked by 14 per cent from midnight August 31/September 1. The price of a domestic 14.2 kg LPG cylinder was hiked by Rs. 73.50 per cylinder in Delhi. The revised price of a cylinder will be Rs. 597.50 for September this year. The price of a 14.2 kg domestic cylinder for August this year was Rs. 524 in Delhi.
(PTI) External Affairs Minister Sushma Swaraj today met Sri Lankan Prime Minister Ranil Wickremesinghe and discussed bilateral relations. Swaraj, who is here to attend the 2nd Indian Ocean Conference, met Wickremesinghe on the sidelines of the two-day meeting. “Consolidating bilateral relationship. EAM @SushmaSwaraj meets Sri Lankan PM Ranil Wickremesinghe @RW_UNP on the margins of Indian Ocean Conference,” Spokesperson of the Ministry of External Affairs Raveesh Kumar tweeted. Swaraj also held a separate meeting with her Singaporean counterpart Vivian Balakrishnan.”Bilateral engagement at multilateral forum. EAM @SushmaSwaraj meets Mr. @VivianBala , Foreign Minister of Singapore in Colombo,” Kumar tweeted.
प्रधानमंत्री नरेंद्र मोदी और बीजेपी अध्यक्ष अमित शाह के बीच केंद्रीय मंत्रिमंडल विस्तार पर पिछले तीन घंटे से मैराथन बैठक जारी है. इस बीच केंद्र के करीब आधा दर्जन मंत्रियों ने इस्तीफे की पेशकश की है, साथ ही कई के मंत्रालय बदले जाने की भी खबर आ रही है. खबर है कि केंद्रीय स्वास्थ्य एवं परिवार कल्याण मंत्री फग्गन सिंह कुलस्ते ने भी इस्तीफा दे दिया है|सूत्र बताते हैं कि मोदी सरकार के करीब आधा दर्जन मंत्रियों उमा भारती, कलराज मिश्र, राजीव प्रताप रूडी , निर्मला सितारमन और गिरिराज सिंह सरीखे मंत्रियों ने अपने इस्तीफे संगठन महामंत्री राम लाल को सौंप दिए हैं। बहुत…
(FE) In a big move by NDA government, former home secretary Rajiv Mehrishi has been appointed as Comptroller and Auditor General of India (CAG). A number of top bureaucratic changes have been made over the last few days by the government. Union Home Secretary Rajiv Mehrishi had retired and Rajiv Gauba took charge on Thursday as Secretary to the Government of India in the Ministry of Home Affairs. Rajiv Mehrishi was an Indian Administrative Service Officer (IAS) of 1978 batch and he belonged to Rajasthan cadre. In his first reaction to the Indian Express, Rajiv Mehrishi said: “I am in Jaipur,…
(PTI) Uttar Pradesh’s flood woes continued as the toll rose to 104 today even as heavy rains triggered a landslide in Uttarakhand leading to the death of one person. The flood situation in Assam and Bihar improved significantly.In the national capital, heavy rains brought the mercury down even as traffic was thrown out of gear and water-logging was reported at several places. The Safdarjung observatory, figure of which is considered official for the city, received 59 mm rainfall between 8.30 AM and 5.30 PM. The humidity level oscillated between 100 and 76 per cent. In Uttarakhand, landslide triggered by heavy rain…