(FE) State-owned aluminium major Nalco has firmed up plans to set up a new technology division. The idea is to develop indigenous technologies for making equipment that will cater to the domestic aluminium industry, which is projected to treble the production capacity to 12 million tonne per annum (mtpa) by 2031-32. The Nalco board has already cleared the proposal and has sought the approval of the mines ministry, its nodal ministry. The plan is to initially collaborate with foreign suppliers to develop technology and expertise; and later tying up with domestic fabricators to manufacture equipment that will largely be India-specific.…
Author: Aruna Sharma
(AU) प्रदेश मंत्रिमंडल की आज सुबह मुख्यमंत्री आवास पर बैठक होगी। जिसमें कृषि और अकृषि भूमि का सर्किल रेट तय करने, साहसिक गतिविधियों के लिए अलग से निदेशालय का गठन सहित कुछ विभागों की सेवा नियमावलियों के संशोधन प्रस्ताव पर मुहर लगने की संभावना है। इसके साथ ही पूर्व कैबिनेट में पारित एमडीडीए के लिए वन टाइम सेटलमेंट (ओटीएस) का त्रुटि सुधार संशोधन प्रस्ताव आ सकता है। बैठक में लेखा परीक्षा राजपत्रित सेवा नियमावली और इंडियन पब्लिक हेल्थ स्टेंडर्ड के अस्पतालों में चिकित्सक और पैैरामेडिकल स्टाफ की तैनाती के लिए तय मानकों को प्रदेश में प्रभावी बनाने का प्रस्ताव भी आ…
(AU) बारिश और बाढ़ से केरल-कर्नाटक समेत दक्षिण पश्चिम के पांच राज्यों में मृतकों की संख्या सोमवार को 197 हो गई। छह दिनों से हो रही बारिश से केरल में सर्वाधिक 76 जानें गई हैं। 2.87 लाख लोगों को सुरक्षित निकाला गया है। वायनाड-मल्लपुरम में अभी भी 50 लोगों के फंसे होने की आशंका है। इस बीच केरल विश्वविद्यालय ने 13 अगस्त को होने वाली सभी परीक्षाएं टाल दी हैं। कर्नाटक में बाढ़ से अब तक 42 मौतें हुईं और यहां 5.81 लाख लोगों को राहत शिविरों में पहुंचाया गया। मुख्यमंत्री बीएस येदियुरप्पा ने कहा, बाढ़ से राज्य में 10…
(FE) Three mineral rich states West Bengal, Odisha and Jharkhand will help the country to achieve 300 million tonnes of steel per annum by 2030, said Union minister Dharmendra Pradhan, adding that the eastern region holds immense potential and a large part of steel production capacity planned by the government under the national steel policy will come from these states. Dharmendra Pradhan, who holds the portfolios of petroleum and natural gas, and steel is touring the region to first hand witness the public sector steel plants and mines. Union steel minister also discussed plans for creation and development of steel clusters…
(FE) Reliance Industries Ltd is set to sign a mega-deal with Saudi oil giant Saudi Aramco buying 20% equity stake in a new joint venture with RIL at an enterprise valuation of $75 billion, Chairman and Managing Director Mukesh Ambani said on Monday. A 20% stake in RIL’s new JV at an enterprise valuation of $75 billion translates into roughly over Rs 1 lakh crore. Saudi Aramco will supply oil on long term basis to Reliance Industries, Mukesh Ambani also said at the RIL’s 42nd AGM being held in Mumbai. RIL operates two refineries at Jamnagar with a total capacity of 68.2…
(DP) Union Petroleum and Natural Gas and Steel Minister Dharmendra Pradhan along with Jharkhand Chief Minister Raghubar Das laid the foundation stone of two mega petroleum projects at Bokaro on Sunday. The Minister laid the foundation stones of BPCL’s (Bharat Petroleum Corporation Limited) LPG bottling plant and a POL Terminal (Petroleum, Oil and Lubricants) at Bokaro which would be the first in Jharkhand for the company. With an estimated investment of Rs 350 crore, the two mega petroleum projects are soon to come up at Bokaro, taking the city on the path of being an industrial hub. The LPG plant of…
(ET) The government has assured India Inc of some “quick action” to jumpstart the sluggish economy, as a delegation of industry captains on Thursday met finance minister Nirmala Sitharaman with a charter of demands. Industry leaders have sought tax rationalisation, a package for non-banking finance companies (NBFCs), faster transmission of policy rate cuts and relief from harsh penal provisions introduced in the Companies Act for noncompliance with corporate social responsibility (CSR). “It was decided that the government is going to take action very soon to revive the industry. It is a matter of sentiment. We got positive feedback from the finance…
(PTI) Hindustan Petroleum Corp Ltd (HPCL) has agreed to rectify the shareholding pattern to include ONGC as a “promoter” after it got a reprimand from capital markets regulator Sebi for refusing to recognise its majority shareholder. The Securities and Exchange Board of India (Sebi) asked HPCL to re-file shareholding pattern to stock exchanges by August 13 for all quarters since Oil and Natural Gas Corp (ONGC) acquired government’s entire stake in the refiner in January 2018. “HPCL intends to rectify the shareholding pattern and classification of promoters by the stipulated date as per the direction from SEBI,” the company said in a stock exchange filing, attaching a…
In shocking incident Chairman of PSU Maharatna Company Steel Authority of India Limited (SAIL) was attacked by four unknown persons on 7th August night at HUDCO Place near South Extn. New Delhi. As per the report he was attacked by iron rods on his head, while his driver was taken into captivity by four miscreants. Fortunately for him a Police Motorcycle Patrol caught peek of his tussle and two of the miscreants where nabbed. Mr. A. K. Choudhary was immediately rushed to AIIMS Trauma Center who was later discharged after giving first aid. SAIL has issued a press statement regarding the…
(ET) Coal India (CIL) and its large pithead consumers are planning a 10,000 crore investment in conveyor belts to transport coal directly from mines in a cheaper and cleaner way without using trucks. Customers will make the investment while CIL will provide land and facilities for the belts, which will be installed in mines that produce 4 million tonnes of ore, a senior company executive said on condition of anonymity. This will drastically reduce the number of trucks and reduce diesel consumption and emissions. Besides reducing accidents and increasing the turnaround time for coal supply as conveyors can function throughout the…