French oil and energy group Total has agreed to a $2.5 billion deal that includes buying a 20 per cent minority stake in Adani Green Energy Ltd (AGEL) from Adani Group, as it builds up its presence in the renewable energy sector. The deal involves Paris-based Total getting a board seat in the largest solar energy developer in the world, as well as a 50 per cent stake in a 2.35 gigawatts portfolio of operating solar assets, the two firms said in statements. Total had in 2018, agreed to buy a 37.4 per cent stake in Adani Gas Ltd - the city gas distribution firm of the Adani Group, and a 50 per cent stake in the billionaire Gautam Adani-run ports-to-energy conglomerate's under-construction Dhamra LNG project in Odisha.
The PFI, formed in 2006 in Kerala and headquartered in Delhi, called the raids a gimmick and an attempt to divert attention from the farmers' issue.
Back of the envelope calculations put government expense on each of the new schemes promised by the DMK and the AIADMK at tens of thousands of crores. But then, neither party has said how they are going to also address the mounting debt burden either, says N Sathiya Moorthy.
As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.
22 bodies, 13 from Kottayam district and 9 from Idukki were recovered from various rain-hit areas while National Disaster Response Force teams continued their rescue operations.
'Modi is a master of convergence. By his ability to converge and add new features to a non-star idea, he is able to sell it. Like how he has turned Kutch into a tourist destination by selling the salt desert of the Rann as a flat snow desert of the night and roping in Amitabh Bachchan to sell it. In one stroke this has ensured economic returns to the people and on the other hand it has taken care of the national security angle in the sense that the border population in the Rann, which is almost entirely Muslim, is feeling better as now they are much more connected with the mainstream.' Ahead of the launch of his book on the much-debated Modi model of governance, journalist Uday Mahurkar speaks to Rediff.com's Sheela Bhatt.
The Kudankulam Nuclear Power Plant will attain criticality by mid-night on Saturday, Atomic Energy Commission Chairman S K Sinha announced in Tirunelveli.
The Election Commission has a fight on its hand as candidates use ingenious methods to smuggle in money to Voters.
Among the 36 new faces in Prime Minister Narendra Modi's council of ministers, eight are lawyers, four are doctors, two former IAS officers and four MBA degree holders, besides several engineers, making it an eclectic mix of professionals.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
A Ganesh Nadar/Rediff.com tracks the train from Jolarpettai carrying its precious cargo.
With the Tokyo Paralympics opening on Tuesday, here's a look at all the past Indian medallists.
R S Sundar, the site director of KNPP, on how the plant is producing 1,000 MW of nuclear power, the largest in the country.
'My adrenalin kicked in and the happiness returned! It was time to go in for the kill again.' IAF Veterans Group Captain Dilip Kumar Dass tells Air Commodore Nitin Sathe about how the IAF decimated tanks in the famous Battle of Longewala.
India's nuclear establishment is continuing its march of folly at the expense of safety in the false belief that atomic power is the energy of the future. It's not. Nuclear power is in relentless global decline, says Praful Bidwai.
A Ganesh Nadar/Rediff.com meets the family of CRPF jawan G Subramanian, who was among the 41 martyred in Pulwama.
Sofia Ashraf's video 'Kodaikanal Won't,' slamming Hindustan Unilever for alleged 'mercury poisoning,' has gone viral with over 25,000 online petitioners demanding that the multinational clean up the mess as well as compensate those who worked at its thermometer factory in Kodaikanal.
What would an Indian American president of the US look like, sound like and act like, especially on issues and policies pertaining to his or her 'mother-land'?, asks N Sathiya Moorthy.
62 candidates vye for Amma's mantle in the Radhakrishnan Nagar assembly by-poll in Tamil Nadu, but who will fortune favour?
Panneerselvam also remained firm on his faction's demand for a probe into late J Jayalalithaa's death.
Recent statistics show that the situation is no different across the country with several hospitals lacking the infrastructure to manage a breakout of a blaze.
While nuclear engineers cheer KNPP's first full operation, on nine other sites which house atomic reactors, scientists spend sleepless nights.
The first two units of the Kudankulam nuclear plant will discharge 6.3 billion litres of waste water every day right onto the beach. This discharge will trigger a slow-motion disaster that will poison beaches, devastate near-shore fisheries and choke the livelihood of fisherfolk in the vicinity, says Nityanand Jayaraman.
Most of the hirings are, however, in the entry or junior level.
The National Innovation Foundation India (NIF), Ahmedabad shared the ideas that shined at the IGNITE 2015.
The Centre stressed that the next three weeks will be critical for the country reeling from the worst health crisis as it announced a series of measures to shore up medical infrastructure and supplies and scale up vaccination.
Metals bucked the trend and shone across the board.
The DMK's campaign appeared to be the most visible with propaganda at a feverish pace across the segment for the April 6 assembly polls and Stalin is the party's chief minister candidate.
The two nations share a problem of corporate debt gone bad that is so large and opaque.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
From the Gulf countries to Malaysia and the UK to the US, the multi-agency operation christened 'Vande Bharat Mission' will see the state-owned AI operate 64 flights till May 13 in the first phase to ferry around 15,000 Indian nationals from 12 countries.
The year 2015 has seen eight accidents because of derailments.
Kerala is one state where the Congress may do well in the general election and it where Rahul Gandhi has demonstrated why he is serious about rebuilding his party, says T V R Shenoy.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.
The trouble is largest FDI projects in India have had a tragic history.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
AAP has promised lower electricity bills, free basic water supply.
'We are facing a crackdown for more than a year. Our permission to collect funds was cancelled. Our bank accounts were frozen.' 'We believe that our work in India is very important. We want to be the environment watchdog. We do not want to waste time fighting legal battles.'
There are conflicting signs on India's investment cycle.
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