Rotational power cuts or tariff hike probable: RInfra
Reliance Infrastructure (RInfra) on Wednesday announced that if the Tata Power Company (TPC) withdraws “the much-needed” 350 megawatts of power, it would be forced to either implement rotational load-
Railway cop found dead in train
The body of a 37-year-old police constable attached with the railway police was recovered inside a local train compartment at Ambernath early on Thursday morning.
Woman alleges fraud against in-laws
A woman from the Thane district has alleged fraud against her in-laws, after they got an imposter to withdraw the harassment case she had filed against her in-laws.
After shock and awe, questions
May 11: The euphoria over the $1 trillion bailout package for Greece and other struggling economies fizzled out on Tuesday on profit booking and fears that Greece would not be able to cut her fiscal deficit to the extent demanded by the bail-out package. The Sensex closed down 189.02 points at 17,141.53 while the Nifty was down 57.45 points at 5136.15.
AI gets loan to buy 3 aircraft
May 11: Air-India has got a $475 million bridge loan from Standard Chartered Bank to fund the acquisition of three Boeing 777 aircraft, a company official said on Tuesday.
“Of the three aircraft, one has already been delivered on Apr 30 and the other two will be delivered in June and July,” he said.
Infrastructure chokes India gas supply
May 11: The past few months have seen an unprecedented situation in India’s natural gas market.
Reliance Industries, which has started producing gas from the KG-basin is operating at less than capacity. Two thousand kilometers away, in Gujarat, there is a similar situation.
JSW buys coal mine in US
May 3: JSW Steel is the latest Indian firm to join the coal bandwagon. The company is planning to acquire mines for coking coal — used to produce steel — in the United States.
Eurozone crisis not to impact India
May 3: The stability of the global stock markets has been hostage to the uncertainty over the outcome of the Greek sovereign debt crisis.
Market watchers opine that while India would not suffer directly from a Euro-zone crisis, the indirect impact could be severe.
Motormen clash brings Mumbai to halt
May 3: The city’s rail traffic went haywire on Monday in the fight between motormen and the authorities despite some out-of-the-box thinking by the latter. Commuters were driven to their wits’ end on Monday with western railway confirming that 70 of its trains
Crime branch to appeal acquittals
May 3: The special court’s verdict that acquitted two Indians — Fahim Ansari and Sabauddin Ahmed — accused in the 26/11 terror attacks has not gone down well with the crime branch that is all set to a