Essar group on Friday announced the signing of a USD 2.4 billion (Rs 19,000 crore) deal to sell certain ports and power infrastructure to ArcelorMittal Nippon Steel in one of the largest post-pandemic merger and acquisition deals in India. In a statement, the Ruia-run firm said the deal also envisages a 50-50 joint venture between Essar and ArcelorMittal for building a 4 million tonnes a year LNG import terminal at Hazira in Gujarat. Without giving details, it only identified certain ports and power infrastructure that are primarily captive to operations of the Hazira steel plant, which was acquired by ArcelorMittal Nippon Steel (AM/NS) in 2018-19, as part of the deal.
14-year-old Vinisha Umashankar has been creating a buzz with her solar-powered ironing cart. The youngest finalist of the Duke of Cambridge's The Earthshot Prize 2021, she is a shining example of why one is never too young to help the environment.
In India, air pollution is most severe in the Indo-Gangetic Plain (northern India), where topography and meteorology concentrate pollution from energy, mobility, industry, agriculture, and other activities, the researchers said.
'If it weren't for Om Puri, a whole range of our big city experiences wouldn't have found their honest representations on the screen.'
Kerry said Obama has called the relationship with India 'a defining relationship of this century'.
The current state of the American economy is not in decline, Obama said.
Swaraj said there is scope to do a lot more and this would be an important element of their deliberations.
The retrofit programme will be consistent with, and work within, city procurement and tendering rules.
'Mumbai's corroding infrastructure, Delhi's pollution, Bangalore's rain water drainage, Kolkata's electricity -- these are all real and serious life threatening situations.'
Images from the UEFA Champions League matches played on Tuesday night.
Prime Minister Manmohan Singh on Tuesday dedicated GAIL India Ltd's 1,000 km Dabhol-Bangalore natural gas pipeline to the nation.
The need of the hour is to strike a balance between the capability of the conventional and the prospect of the renewable to give a realistic shape to the Prime Minister's vision, says Rajiv Mishra.
'That is the secret of his untiring energy.'
Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.
Nutrition and stress management expert Dr Khushboo Thakker Garodia explains how eggs, almonds and rajgira can strengthen your immunity and keep you energised.
Biden's proposal also sets aside USD 20 billion for a national vaccination programme and USD 50 billion to scale up coronavirus testing.
The virtual meeting comes in the midst of some disquiet in Washington over India's position on the Ukraine crisis as well as its decision to procure discounted Russian oil.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
Stating that open markets mean more opportunities, Modi said during the last six years the government has made many efforts to make the Indian economy more open and reform oriented.
The move marks the entry of GWM, one of the largest manufacturers of sport utility vehicles (SUVs) and pick-ups, into the Indian market and a complete exit for GM from the country, two years after it stopped selling cars here.
The first openly gay major presidential candidate in American history, and one of the youngest-ever to win a state primary or caucus, Buttigieg, 38, is a barrier-breaking public servant from the industrial Midwest with a track record of trailblasing, forward-thinking executive leadership.
Russian forces have made minimal progress on land, sea or air in recent days and they continue to suffer heavy losses, the UK's ministry of defence said on Thursday.
The PLA launched a campaign to stop food waste and cultivate thrifty habits in the military under the "clean plate" campaign launched by President Xi Jinping.
India and the United States have affirmed their shared commitment to continue their work on a broad range of bilateral issues and move forward post the Devyani episode.
Hyperloop runs faster than an aircraft at a speed of 1,120 kmph and can cut the distance between Nagpur and Mumbai in 35 minutes
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
Prime Minister Narendra Modi's three-day visit to the US this week was "very, very rich and productive" as significant progress was made in wide range of areas from civil nuclear energy to defence and trade, America's top diplomat in New Delhi has said.
The two PMs called upon all countries to work towards rooting out terrorist safe havens and infrastructure.
Tata Motors on Monday said it has bagged an order for supply of 10,000 XPRES-T EV units from BluSmart Electric Mobility. The deployment of 10,000 units makes this the biggest ever EV fleet order in India, the auto major said in a statement. With deliveries starting soon, these vehicles are an addition to the 3,500 XPRES-T EV order, which was signed by both the companies in October last year, and will be used across the country for commuters, in turn helping minimise the carbon footprint.
For those who believed in her talent since Lootera, Dahaad is a truly rewarding experience, observes Sukanya Verma.
The aspirations, energy, enterprise and skills of the youth will be the force for India's economic transformation
Queensland's Development Minister Anthony Lynham issued a statement on Sunday, saying the combined mine, rail and associated water infrastructure have all been declared "critical infrastructure" and the project's special "prescribed project" status has been renewed and expanded to include its water infrastructure.
India will require a total investment of $10.1 trillion to achieve net-zero emissions by 2070, while the nation could face a shortfall of $3.5 trillion, a study by CEEW Centre for Energy Finance (CEEW-CEF) said. At the recently concluded COP26, Prime Minister Narendra Modi announced India's aim to achieve net-zero emissions by 2070. "India would need cumulative investments of $10.1 trillion to achieve net-zero emissions by 2070, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF)," a statement said.
India's traditional companies are now moving full scale into the renewable and alternative energy space that had been dominated by smaller players over the past decade. Companies such as government-owned NTPC and the Adani and the Tata groups restructured their businesses well in time to become major players in the green space. At the same time, other conventional companies, such as Larsen & Toubro and Reliance Industries Ltd (RIL), which have a presence both in the energy sector as well as myriad other activities - construction, technology and retailing - are tying up with new-age companies to hitch a ride to a greener path.
Reliance Power is at odds with the Securities and Exchange Board of India (Sebi) over the restructuring process involving its fully-owned subsidiary, Reliance Clean Power.
The overwhelming feeling at the end of COP 27 was that despite decades of meetings and landmark accords, like the Paris Agreement, the world was still not doing enough to slow the climate crisis, observes Ambassador T P Sreenivasan.
'Bharat Jodo Yatra' is a 'booster dose' for the Congress and a 'decisive and transformational moment' for the politics of the country, senior party leader Jairam Ramesh said in Guwahati on Friday.
However, 63 per cent Indians were "satisfied" with their standard of living
'By taking over these reactors, it will ensure Ukraine's supply of electricity is cut off.'
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
