(PTI) After Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) will pick up stake in the planned USD 44-billion refinery-cum-petrochemical project in Maharashtra. An initial agreement for ADNOC taking stake is slated to be signed in UAE tomorrow, official sources said. Saudi Aramco, the world’s largest oil producer, had last month signed an agreement to take up 50 per cent stake in the Ratnagiri refinery project. Aramco had, at the agreement signing event, stated that it will at a later date dilute some of its 50 per cent equity stake in the 60 million tonne-a-year refinery project in favour of another strategic…
Author: Aruna Sharma
(LiveMint) India’s retail sector is set to further consolidate with the Kishore Biyani-led Future Group seeking to cement its pole position through collaborations and partnerships. The options open to India’s largest listed retailer, with listed retail companies such as Future Retail Ltd, Future Consumer Ltd and Future Lifestyle Fashions Ltd, include pursuing acquisition of an e-commerce platform, potential partnerships and even equity investments for forming a joint venture, said Kishore Biyani, group chief executive officer, Future Group, in a meeting with Mint on Friday. Possible partners include some of the biggest retailers, technology companies and strategic investors, including Amazon.com Inc., the Walmart-Flipkart combine,…
(AU) महाराष्ट्र के औरंगाबाद में बीती रात दो समुदायों में झड़प का मामला सामने आया है। झगड़े के बढ़ जाने के बाद कई दुकानों और वाहनों को आग के हवाले कर दिया गया। पुलिस को मामले पर काबू पाने के लिए आंसू गैस के गोले दागने पड़े। बता दें कि स्थिति को संभालने के लिए पूरे शहर में धारा 144 लगा दी गई है और भारी संख्या में पुलिस बल तैनात किया गया है। मीडिया रिपोर्टस के मुताबिक इस झड़प में एक नाबालिक समेत 2 लोगों की मौत हो गई है और 34 लोग घायल हो गए हैं। दरअसल दो…
(LiveMint) Prime Minister Narendra Modi on Saturday urged voters in Karnataka to come out in large number to cast their vote. Polling is underway in 222 out of 224 seats in Karnataka which is witnessing a three-cornered contest among the ruling Congress, the Bharatiya Janata Party (BJP) and former prime minister H.D. Deve Gowda’s Janata Dal (Secular), or JDS. “Urging my sisters and brothers of Karnataka to vote in large numbers today. I would particularly like to call upon young voters to vote and enrich this festival of democracy with their participation,” Modi tweeted. The prime minister often uses Twitter to urge…
(AU) कर्नाटक में 2600 प्रत्याशियों के भाग्य का फैसला करने के लिए आज मतदाता सुबह से ही अपने- अपने घरों से निकल चुके हैं। सुबह 7 बजे से मतदान शुरू हो गए हैं। कर्नाटक से आ रही खबरों के बीच जगह-जगह बूथों पर मतदाता लंबी कतार में खड़े दिखाई दे रहे हैं। शनिवार को राज्य की 224 में से 222 सीटों पर मतदान जारी हैं। राज्य के 4.97 करोड़ मतदाता 2600 से ज्यादा प्रत्याशियों की किस्मत का बटन दबाने के लिए कतार में लगे हुए हैं। बता दें कि कर्नाटक चुनाव को काफी अहम माना जा रहा है, अगर मतदाताओं…
(LiveMint) Walmart Inc. said on Saturday in a filing with a US regulator that it may launch a Flipkart IPO in as early as four years, detailing for the first time a potential listing timeline for Walmart’s largest-ever acquisition. The $16 billion (Rs1.05 trillion) Flipkart-Walmart deal was struck on 9 April. Minority investors holding 60% of Flipkart shares “acting together, may require Flipkart to effect an initial public offering” (IPO) four years after the close of the Flipkart-Walmart deal, the Bentonville, Arkansas-based retailer said in a 11 May filing with the US Securities and Exchange Commission. The Flipkart IPO should be done…
(FE) The Supreme Court collegium comprising five-senior most judges will meet today to discuss the choice of elevating Uttarakhand Chief Justice KM Joseph to the rank of a judge in the top court. The collegium headed by CJI Dipak Misra will meet at 1 pm, The Indian Express reported. The meeting comes a day after Justice J Chelameswar, the second senior-most judge, wrote a letter to the CJI asking him to convene the collegium’s meeting to urgently reiterate Justice KM Joseph’s name. In its last meeting that was held on May 2, the collegium had deferred the decision to consider…
(Tribune) A total of five candidates, one each from the BJP, the Congress, Uttarakhand Kranti Dal (UKD), the CPI and an independent filed their nomination papers on Thursday, the last day for filing of nomination papers for the Tharali (SC) Assembly segment.The Election Commission has set May 11 as the date for scrutinizing of the nomination papers, while May 14 is the last date for the withdrawal of nomination papers.Munni Devi, chairman of Chamoli Zila Panchayat, filed her papers as the BJP candidate. Chief Minister TS Rawat and Uttarakhand BJP chief Ajay Bhatt were present during the filing of the…
(FE) Uttar Pradesh, the largest beneficiary of the Saubhagya scheme, needs to electrify 60,000 households every day to achieve the target of 100% household electrification. In a meeting, chaired by power minister RK Singh, here last month, representatives of the state’s power department said they intend to focus first on flood prone areas before the onset of the monsoon season. North Bihar intends to complete necessary works by the end of June, the minutes of the meeting seen by FE showed. Electrification of six lakh households in Jharkhand and 14 districts of Odisha is also likely to be completed in…
(DJ) गृहमंत्री राजनाथ सिंह ने कहा कि रमजान के समय सीजफायर रखने संबंधी जम्मू-कश्मीर की मुख्यमंत्री महबूबा मुफ्ती की मांग पर केंद्र सरकार विचार करेगी। हालांकि, इस बारे में अभी उनकी महबूबा मुफ्ती से कोई मुलाकात नहीं हुई है। उन्होंने पिछले दिनों कश्मीर में पर्यटक की पत्थरबाजी से जान जाने की घटना को दुर्भाग्यपूर्ण करार देते हुए कहा कि इसकी पुनरावृत्ति नहीं होने दी जाएगी। पर्यटकों की सुरक्षा को लेकर सरकार गंभीर है। वह गुरुवार को लखनऊ के मोहनलालगंज में बीएसएफ की 125 बटालियन के नवनिर्मित गैर आवासीय भवनों के लोकार्पण समारोह में बोल रहे थे। उन्होंने कहा कि अटल…