Nitin Kumar, Shine Jacob &Amp;Amp; Deepak Patel

Stories by Nitin Kumar, Shine Jacob &Amp;Amp; Deepak Patel

Govt to offload entire BPCL stake valued at Rs 46,300 cr

Govt to offload entire BPCL stake valued at Rs 46,300 cr

Rediff.com   8 Mar 2020

The sale is key to meeting the government's disinvestment target of Rs 2.1 trillion in the financial year 2020-21. So far, the disinvestment exercise has fetched the government Rs 34,845 crore during the current financial year.

ONGC seeks new petroleum exploration licence

ONGC seeks new petroleum exploration licence

Rediff.com   4 Mar 2020

RIL and Shell ceased production from the fields in 2016, and ONGC has already been using Tapti infrastructure for its other fields for better optimisation.

New technology adds zing to Indian Railways

New technology adds zing to Indian Railways

Rediff.com   4 Mar 2020

Globally, London's Tube and French railway networks are already using this technology in their corrosion-prone areas.

Google to wind down free WiFi services globally

Google to wind down free WiFi services globally

Rediff.com   25 Feb 2020

Google had started the Station as a five-year partnership with the Indian Railways and RailTel in 2015 to provide fast, free WiFi in over 400 stations by mid-2020.

Kunal Kamra seeks Rs 25L from IndiGo over flying ban

Kunal Kamra seeks Rs 25L from IndiGo over flying ban

Rediff.com   1 Feb 2020

Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.

Captain who flew Kamra writes to IndiGo, objects to ban

Captain who flew Kamra writes to IndiGo, objects to ban

Rediff.com   30 Jan 2020

The pilot wrote in his letter to airline's management that he was 'disheartened' to learn the carrier took action against the comedian without consulting him and solely on the basis of social media posts.

Air India reinstates pilot found guilty of sexual harassment

Air India reinstates pilot found guilty of sexual harassment

Rediff.com   19 Jan 2020

The senior pilot was suspended in May last year after being found guilty of sexual harassment by an internal committee of the airline. The committee imposed a 'major penalty' on Captain Sachin Gupta, who has now appealed to the next authority against the punishment.

Spike in oil prices a temporary phase

Spike in oil prices a temporary phase

Rediff.com   12 Jan 2020

Oil prices jumped nearly $3 a barrel and gold and safe-haven bonds rallied on Friday after the killing of top Iranian commander Qassem Soleimani in an airstrike by the US in Baghdad.

Will the West Coast refinery take off?

Will the West Coast refinery take off?

Rediff.com   9 Jan 2020

BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.

Passengers threaten to break cockpit door on AI flight

Passengers threaten to break cockpit door on AI flight

Rediff.com   4 Jan 2020

"The AI865 flight on Thursday got delayed as it developed a technical snag. It had to return to the bay. Passengers started knocking on the cockpit door, asking and taunting the pilots to come out," said an airline official. "One male passenger even said that he will break open the cockpit door if the pilots didn't come out," the official said, adding the situation inside the plane "went from bad to worse".

Will Indian Railways be privatised?

Will Indian Railways be privatised?

Rediff.com   31 Dec 2019

Railways to hive off all production units and workshops into new govt-owned company; may invite bids from private players to run passenger trains in next 15 days, with ownership vesting with the government.

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Govt to break 150-yr tradition, gives nod to Railway board restructuring

Rediff.com   25 Dec 2019

The new board will have a leaner structure on functional lines headed by the chairman and four members - covering infrastructure, operations and business development, rolling stock, and finance.

Railways in talks with Reliance Jio on tower use

Railways in talks with Reliance Jio on tower use

Rediff.com   23 Dec 2019

Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.

Only 61% homes used LPG as of Dec 2018

Only 61% homes used LPG as of Dec 2018

Rediff.com   26 Nov 2019

Only 48.3 per cent of the rural households used LPG, while the figures were much higher in urban areas at 86.6 per cent, according to a NSO report.

Why stubble burning will continue to choke NCR

Why stubble burning will continue to choke NCR

Rediff.com   13 Nov 2019

To prevent rise in air pollution levels, oil marketing companies and thermal power units were planning to procure stubble from farmers to make bioethanol and promote the central government's 'Agricultural Mechanization' for crop residue management. But both have seen minimal success.

Subsidy on kerosene likely to go by FY21

Subsidy on kerosene likely to go by FY21

Rediff.com   15 Oct 2019

A major reason for the decline in the consumption of kerosene was an increase in the number of LPG consumers in rural India after the government launched the Pradhan Mantri Ujjwala Yojana. in 2016.

Will the 'lotus' finally bloom in Haryana's Mewat?

Will the 'lotus' finally bloom in Haryana's Mewat?

Rediff.com   14 Oct 2019

The party hopes that the multiple road projects, schools, canals, and water projects which have come up in the Meo-Muslim-dominated area will be able to sway the votes in its favour.

How Saudi terror attack has hit Indian kitchens

How Saudi terror attack has hit Indian kitchens

Rediff.com   4 Oct 2019

A shortfall in LPG supply from Aramco has led to huge booking backlog across states. To meet the backlog, India has asked Abu Dhabi National Oil Company for two additional cargos of LPG, but that may take another 10 days to reach.

Is India's LNG deal with US a risky affair?

Is India's LNG deal with US a risky affair?

Rediff.com   3 Oct 2019

Majority of PLL's long-term deals are linked to crude, which faces price challenge from other fuels. Spot LNG is moving away from this linkage, which puts a question mark on crude linked contracts.

India wakes up to rogue drone threat after Saudi attack

India wakes up to rogue drone threat after Saudi attack

Rediff.com   25 Sep 2019

While the Saudi drone strike has put the focus back on anti-drone measures, caution also stems from the fact that India has a number of large oil refining assets close to India-Pakistan border.