Shine Jacob

Stories by Shine Jacob

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Rediff.com   29 Sep 2020

Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore.

L&T, 2 mega consortia in race for India's first bullet train project

L&T, 2 mega consortia in race for India's first bullet train project

Rediff.com   24 Sep 2020

The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Adani, GMR among 20 firms keen on rebuilding New Delhi railway station

Rediff.com   23 Sep 2020

The Rail Land Development Authority has invited online bids from private players to redevelop the station into an integrated commercial, retail, and hospitality hub.

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Threat of demolition still hounds 300,000 Delhi slum-dwellers

Rediff.com   19 Sep 2020

'The people, media and politicians are ready to listen to the troubles of Kangana Ranaut, but we are unwanted lives in the heart of Delhi.' Shine Jacob reports.

Railways to allow private players for bullet train projects

Railways to allow private players for bullet train projects

Rediff.com   18 Sep 2020

The projects - Delhi-Varanasi, Mumbai-Nagpur, Delhi-Ahmedabad, Chennai-Mysore, Delhi-Amritsar, Mumbai-Hyderabad, and Varanasi-Howrah - are expected to cost around Rs 10 trillion.

Prayagraj to house Indian Railways' ambitious freight programme

Prayagraj to house Indian Railways' ambitious freight programme

Rediff.com   15 Sep 2020

Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.

BPCL privatisation move make workers jittery

BPCL privatisation move make workers jittery

Rediff.com   8 Sep 2020

Older workers are headed for the VRS exit in larger-than-expected numbers even as unrest stirs over unrevised wage settlements.

Railway Board restructuring gets green flag

Railway Board restructuring gets green flag

Rediff.com   4 Sep 2020

The board will now be headed by Vinod Kumar Yadav as chairman and CEO, and it will have four other members.

Railways seeks private fund to develop Mumbai's CST station

Railways seeks private fund to develop Mumbai's CST station

Rediff.com   26 Aug 2020

The estimated cost of the project is around Rs 1,642 crore.

Gains in rail, traffic data signal revival

Gains in rail, traffic data signal revival

Rediff.com   18 Aug 2020

Rail

A glimpse of how exactly the economy is faring

A glimpse of how exactly the economy is faring

Rediff.com   4 Aug 2020

Many weekly indicators turn positive as economy prepares for Unlock 3.0.

After 167 years, Railways to overhaul its signalling system

After 167 years, Railways to overhaul its signalling system

Rediff.com   1 Aug 2020

The Indian Railways is replacing its outdated signalling system with the latest automated train protection technologies - European Train Control System and Train Collision Avoidance System.

Diesel at doorstep? Possible if OMCs' plan succeeds

Diesel at doorstep? Possible if OMCs' plan succeeds

Rediff.com   29 Jul 2020

Oil marketing companies IOC, BPCL and HPCL have invited expressions of interest from start-ups that wish to be enrolled as fuel entrepreneurs for doorstep delivery of high-speed diesel through mobile petrol pumps.

Are signs of economic green shoots really visible?

Are signs of economic green shoots really visible?

Rediff.com   29 Jul 2020

Mumbai traffic, mobile internet speeds, and grocery and pharmacy visits are all showing lower numbers for the latest week.

Why did Iran eject India from port, oil field deals?

Why did Iran eject India from port, oil field deals?

Rediff.com   16 Jul 2020

Iran's growing proximity to China may have also played a part.

Will private railway services be a reality by 2023?

Will private railway services be a reality by 2023?

Rediff.com   16 Jul 2020

Under the plan, there will be 151 private trains covering 109 routes which may entail investments worth Rs 30,000 crore.

Will bullet train start running from 2023?

Will bullet train start running from 2023?

Rediff.com   14 Jul 2020

Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.

How fuel prices have risen under Modi regime

How fuel prices have risen under Modi regime

Rediff.com   13 Jul 2020

Despite a massive decline in crude oil prices since 2012 -- Modi has been prime minister in six of these eight years -- petrol in Delhi has become 10 per cent costlier and diesel 97 per cent, as of July 2.

Free LPG reaches only 50% beneficiaries, shows govt data

Free LPG reaches only 50% beneficiaries, shows govt data

Rediff.com   10 Jul 2020

Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.

IOC beats lockdown blues, resumes works on projects

IOC beats lockdown blues, resumes works on projects

Rediff.com   9 Jul 2020

These mega projects, worth about Rs 1 trillion, would boost the economy, ensure smooth supply of petroleum products across the nation and also provide the much-needed relief to people looking to get back to work after the lockdown.