Author: Aruna Sharma

(LiveMint) India’s COVID-19 count surged past the grim milestone of 2.75-lakh cases today, according to the data released by ministry of health and family welfare. The states continued to register nearly 10,000 cases even on Tuesday. Maharashtra reported the highest number of fresh infections at 2,259 in last 24 hours. Tamil Nadu saw its biggest jump in COVID-19 count on Tuesday. Maharashtra and Tamil Nadu were the two states to confirm nearly 45% of total coronavirus cases in India. Rajasthan, Andhra Pradesh also witnessed huge jump in coronavirus cases. The number of deaths from coronavirus pandemic zoomed to 7,745. At least…

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(PTI) Markets regulator Sebi on Tuesday eased norms related to fast track further public offers, including reducing the minimum average market capitalisation of public shareholding requirement, till March next year. Sebi logo Markets regulator Sebi on Tuesday eased norms related to fast track further public offers, including reducing the minimum average market capitalisation of public shareholding of the company concerned has been reduced to Rs 500 crore from Rs 1,000 crore. Further, eligibility conditions for fast track FPO pertaining to period of compliance with the provisions of the listing regulations, ongoing action initiated by Sebi against the issuer/ promoters/ directors and…

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(AU) अयोध्या में राममंदिर निर्माण से पहले भगवान शिव की आराधना की जाएगी। श्रीराममंदिर निर्माण में कोई विघ्न बाधा न आए इसकी कामना से रामजन्मभूमि परिसर में कुबेर टीला पर स्थित शिव मंदिर में भगवान शशांक शेखर का अभिषेक मंदिर निर्माण की कामना से किया जाएगा। श्रीरामजन्मभूमि तीर्थ क्षेत्र ट्रस्ट के अध्यक्ष महंत नृत्यगोपाल दास के उत्तराधिकारी महंत कमलनयन दास आज रामजन्मभूमि परिसर में भगवान शिव का अभिषेक पूजन करेंगे। यह पूजन करीब दो घंटे तक चलेगा। इस दौरान करीब एक दर्जन वैदिक पंडितों सहित कई संतों के भी मौजूद रहने की संभावना है। वहीं, अयोध्या में राममंदिर निर्माण के लिए शिलान्यास…

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(ET) Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, today announced it has commissioned the first 270 megawatt (MW) unit of the 1,080 MW Bhadradri Thermal Power Project in Telangana. Located at Manuguru in Bhadradri at Kothagudem district of Telangana, the project has been awarded to BHEL by Telangana State Power Generation Corporation Limited (TSGENCO). “This is the first unit to be commissioned at this project and work on the balance three units is also in an advanced stage,” BHEL said in a statement. The equipment for the contract was manufactured at BHEL’s Trichy, Hyderabad, Haridwar, Bhopal, Ranipet, Bengaluru and Jhansi plants, while the company’s…

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(PTI) Billionaire Gautam Adani’s renewable energy firm Adani Green Energy on Tuesday said it has won the world’s largest solar order to build 8 gigawatts of photovoltaic (PV) power plant along with a domestic solar panel manufacturing unit at an investment of Rs 45,000 crore. Under the offering of domestic manufacturing-lined solar projects from state-owned renewable energy agency SECI (formerly Solar Energy Corp of India), Adani Energy will set up a domestic solar panel manufacturing capacity of 2 GW (2,000 megawatts) as well as built 8 gigawatts (GW) of generation projects. The firm will get a fixed tariff of Rs…

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(HT) Petrol was costlier by 54 paise a litre and diesel by 58 paise a litre on Tuesday, the third consecutive price hike after state-run fuel retailers ended an 82-day freeze on daily rate revision on Sunday. Consumer prices of petrol have jumped by Rs 1.74 a litre in Delhi since Sunday and diesel by Rs 1.78 a litre because of a surge in international oil prices after the producers’ cartel decided to extend record output cuts by a month till the end of July. Brent crude was trading at $40.82 a barrel on Tuesday, 111% higher than its low of…

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(ET) Uttarakhand Chief Minister Trivendra Singh Rawat announced an exemption of three months in interest and surcharge on electricity to dharamshalas.Various categories of electricity consumers were earlier given exemption in interest and surcharge during the lockdown period. “Chief Minister Trivendra Singh Rawat has announced exemption of three months fixed charges of electricity to Dharamshalas. Earlier hotels, restaurants, Dhabas, etc. were exempted from three months fixed electricity charge from April to June when Dharamshalas were not included,” said Chief Minister’s Office in a statement.

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(ET) A damaged Oil India Ltd well in Assam’s Tinsukia district that had been uncontrollably spewing gas for the past 14 days turned into a raging inferno on Tuesday. A PTI report said the fire could be seen from a distance of 30km and the billowing smoke was posing a danger to local biodiversities already ravaged following the May 27 blowout. The damaged well is located next to the Dibru-Saikhowa National Park. The spreading fire, the roaring sound of the gushing well and large explosions caused panic among locals. Nearly 1,600 families were evacuated but no casualties were reported. Huge swathes of vegetation…

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(ET) Power Finance Corporation (PFC) is in discussions with bankers to raise up to $750 million through an overseas bond issue though it is yet to decide on the timing of the fund raise, according to sources aware of the matter. “We are in discussions with our arrangers,” Naveen Bhushan Gupta, director — finance of the state-owned company said. “We have not decided when to launch the issue or the size. Whenever we feel is the appropriate time, we will launch the issue.” The bond issue being planned would be the first overseas issuance this fiscal year by India’s largest lender to the power…

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(PTI) Exhorting domestic steel players to target larger pie in global market with focus on quality products and competitiveness, Union minister Nitin Gadkari said the present crisis situation in the wake of COVID-19 should be converted into an opportunity. He was addressing a webinar on “Indian Steel Industry – Raw Materials”. “There is huge opportunity for us… It is time for Indian industry to create positive and self-confidence and we will win the economic war. We are the fastest growing economy. International situation is supporting us,” the road transport and MSME minister said. He said by upgrading technology in the sector,…

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