(ET) Oil and steel minister Dharmendra Pradhan met representatives of trade unions to discuss issues of labour welfare, manpower succession planning, skill development, safety, housing, ensuring right age mix in labour and wage revision etc. Pradhan called for collaborative efforts of management and workmen towards achieving high performance while balancing workmen’s interests, an official statement said. He said all the payments made to permanent workmen as well as contract workmen must be through digital means to ensure transparency. He further added that civic amenities at townships must match those of a smart city. He said that medical facilities being provided by…
Author: Aruna Sharma
(ET) The Department of Financial Services has asked heads of all state-run banks to initiate the process of reforming their boards in line with governance changes announced by finance minister Nirmala Sitharaman on Friday as part of the mega banking reform package. “With a view to institutionalize accountability for observance of approved risk appetite, the bank may give the risk committee of its board a mandate to periodically review adherence to the risk appetite framework of the bank and to fix accountability in the event of breach of approved risk appetite,” the Financial Services Department said in a letter sent to…
(ET) About ten days ago, the finance minister delivered a set of measures that were the first installment of things that the government will do to boost the economy. It was an eclectic collection touching a variety of different areas but mostly along the expected lines. Certainly, it has had the hoped-for effect on at least the equity markets. More broadly, it has reaffirmed the belief that the current fog of pessimism is severely undersold and many individual problem areas will get fixed, some through second-order effects and others over a normal cycle. Among the changes announced by the FM…
(PTI) Prime Minister Narendra Modi will visit Russia from September 4 to 5 during which he will hold a bilateral summit with Russian President Vladimir Putin and attend the Eastern Economic Forum in Vladivostok, the External Affairs Ministry announced. Foreign Secretary Vijay Gokhale, at a media briefing, said the visit will be a short one, lasting about 36 hours. Its two main purposes are that the prime minister has been invited to attend the Eastern Economic Forum as one of the chief guests and he will also hold the 20th annual bilateral summit with the Russian president.
(ET) Oil and Natural Gas Corporation Ltd (ONGC) processing plant caught fire on Tuesday morning in Uran, Navi Mumbai. ONGC in a statement said,”A fire broke out in storm water drainage early morning today in Uran oil & gas processing plant. ONGC fire services & crisis management team immediately pressed into action.” There was no update from ONGC whether the fire has caused any casualties at the plant.
(PTI) SPML Infra said it has received new project orders worth Rs 177.4 crore from Jharkhand Urja Sancharan Nigam. “The orders have been received for 132/33 kV substation projects to be completed in 24 months period. These projects are funded by the World Bank under ‘Jharkhand Power System Improvement Project’ scheme” SPML Infra said in a regulatory filing. “We will be executing the new power substation projects for improving electricity distribution in the designated areas of Jharkhand.
(Hindustan) मुख्यमंत्री योगी आदित्यनाथ ने सोमवार को नए पुलिस मुख्यालय में ‘सी-प्लान ऐप’ का लोकार्पण किया। यह ऐप अफवाहों से निपटने में पुलिस के लिए सहायक सिद्ध होगा। इसका इस्तेमाल लोकसभा चुनाव के समय भी किया गया था। आईजी कानून-व्यवस्था प्रवीण कुमार ने डीजीपी ओपी सिंह एवं अन्य वरिष्ठ अफसरों की मौजूदगी में मुख्यमंत्री को इस ऐप की खूबियों से अवगत कराया। उन्होंने बताया कि इस ऐप के जरिए पुलिस उन इलाकों के लोगों तक एसएमएस के जरिए सही तथ्य तत्काल पहुंचाने में सफल होगी, जिन इलाकों में अफवाहों के कारण माहौल तनावपूर्ण होगा। इसमें गांवों-कस्बों में पुलिस की ओर से…
(PTI) ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corp (ONGC), has sought yet another two-year extension to explore a Vietnamese oil block in the contested waters of the South China Sea. Officials said OVL has applied for a sixth extension to explore Block-128, the licence for which was valid till June 15, 2019. While India wants to maintain its strategic interest in the South China Sea, Vietnam wants an Indian firm to counter China’s interventions in the contested waters. The officials said OVL had in May applied to the Vietnamese authorities for the sixth extension of the exploration…
(PTI) More than six years after initiating a Supreme Court-monitored recovery and refund process for an estimated Rs 25,000 crore collected by Sahara group from nearly three crore investors, regulator Sebi has received less than 20,000 claims while two-third of them have been refunded a total amount of Rs 106.10 crore. The refunded amount includes Rs 56.86 crore of principal and Rs 49.24 crore paid as interest for 13,543 refund claims made by bondholders of two Sahara group firms, as per the latest update from the Securities and Exchange Board of India (Sebi). The refund has been made from a special account…
(AU) यूपी के मुख्यमंत्री योगी आदित्यनाथ ने सोमवार को लखनऊ में नए पुलिस मुख्यालय का उद्घाटन किया जो कि गोमती नगर विस्तार में स्थित है। मुख्यालय की इमारत को सिग्नेचर बिल्डिंग नाम दिया गया है। यह बिल्डिंग करीब 800 करोड़ रुपये की लागत से बनी है। इमारत के नौवें तल पर डीजीपी का ऑफिस बना हुआ है। यहां से पूरे गोमती नगर विस्तार और गोमती नदी का शानदार नजारा दिखता है। बता दें कि नया मुख्यालय डीजीपी के साथ ही पुलिस की 18 इकाइयों के मुख्यालय और उनके मुखिया का भी ऑफिस होगा। 40178 वर्ग मीटर में फैले मुख्यालय में अंतर्राष्ट्रीय स्तर की सुविधाएं…