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.
Amid multi-tier security, Prime Minister Narendra Modi on Sunday will dedicate India's first 'carbon neutral panchayat' to the nation apart from inaugurating and laying foundation stone of development projects worth over Rs 20,000 crore to give fillip to speedy development of Jammu and Kashmir.
Farmer leaders on Sunday appealed to those participating in the Republic Day tractor march to carry enough ration for 24 hours and ensure that the rally remains peaceful.
The caseload of Dharavi now stands at 3,788, though the number of active cases is 12, eight of them in home isolation and four in a COVID care centre, the civic official said.
The India Meteorological Department on Wednesday issued an orange alert for Delhi, predicting 'heavy' to 'very heavy' rainfall in parts of the capital with winds gusting up to 60 kilometers per hour.
Visiting the Rezang La Memorial, one has a feeling of super-humans defending the Indian territory against the Chinese onslaught, says Claude Arpi on the 60th anniversary of the heroic battle of the 1962 War.
The main rail and road routes in Andhra Pradesh, connecting the south and east, remained cut off as the Penna river in spate caused heavy destruction on Sunday.
The defence minister said "last year in Galwan Valley, our soldiers displayed exemplary courage and valour in line of duty. I salute all brave soldiers who laid down their lives fighting for the nation."
'Kavach', which literally means armour, is being promoted by the railways as the world's cheapest automatic train collision protection system.
The mood in the tribal heartland in the east and in central India spread over Odisha, Jharkhand, Chattisgarh and parts of West Bengal and Assam, is upbeat.
Venezuelan BMX cyclist Camila Iachini at 8 years old is already dreaming of becoming an Olympic champion.
At least one person was killed and 12 others injured on Tuesday when the police opened fire to disperse angry anti-government protestors in Sri Lanka's southwestern region of Rambukkana, officials said.
According to an air traffic controller at Jomsom Airport, they was an unconfirmed report about a loud noise reported in the Ghasa region of Jomsom, according to the Post report.
'Based on the request from the government of West Bengal, five columns were deployed today in the state to assist the civil administration in the aftermath of Cyclone Amphan. They will be providing assistance in road clearance work tomorrow as well,' the statement from Indian Army read.
Discover some of the winners of 2022 World Press Photo Contest.
Figures showed that the worst-hit was Mirpur with 24 dead, nine in Jatlan and one person lost his life in Jhelum.
Asked about Rahul Gandhi's absence from the party's foundation day function at the All India Congress Committee headquarters, Congress chief spokesperson Randeep Surjewala came out in defence of Gandhi, saying he is currently not the party chief and has performed all the duties entrusted to him by the organisation.
Asha Singh, the mother of the rape survivor, said she is contesting the polls to ensure justice for the victims of such a heinous crime.
Santosh Patkar of Devgadh Taluka Sindhudurg district of Maharashtra is a worried man these days. Devgadh, which is known as the home to world famous Alphonso variety of mangoes, has seen an unusual drop in yields which is affecting farmers' income. Being one of the primary agricultural produce from the area, Santosh is not untouched by this somewhat rare phenomenon. He said in his own mango garden, yields have come down by a third from most trees.
The first high speed train with a speed of 160 kilometer per hour will run on Delhi-Agra section in November this year as Kapurthala Rail Coach Factory (RCF) is all set to roll out first rake of fourteen coaches of the train.
India's latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL), according to upstream regulator DGH. As many as 21 blocks or areas were offered for exploration and production of oil and gas in the Open Acreage Licensing Policy (OALP) Bid Round-VI, for which bidding closed on October 6. Besides ONGC and OIL, Sun Petrochemicals was the only other company to have bid, according to 'Summary of Bids Received Against Offered Blocks' posted by the Directorate General of Hydrocarbons (DGH).
Revenue from freight operations also increased by 14 per cent to Rs 9,903 crore in September.
Modi lauded the civilisational heritage of Varanasi, and said many sultanates rose and collapsed but Benaras remained.
Pakistan on Monday successfully test-fired a nuclear capable ballistic missile with a range of 900 kilometers, days after testing a similar missile capable of hitting targets as far as 1,500 kilometers, bringing many Indian cities under its range.
India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company. "The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with Petropars Group for the development of Farzad B Gas Field in the Persian Gulf," the Iranian oil ministry's official news service Shana reported. "The deal was signed on Monday, May 17, in a ceremony held in the presence of Iranian Minister of Petroleum Bijan Zangeneh in Tehran." The field holds 23 trillion cubic feet of in-place gas reserves, of which about 60 per cent is recoverable.
A joint venture of Adani Group and Welspun Enterprises Ltd has discovered natural gas reserves in an area off the Mumbai coast, the two firms said in a statement Monday. The first-ever gas discovery was made in the NELP-VII block MB-OSN-2005/2, Adani Welspun Exploration Ltd (AWEL) said. Spread across 714.6 square kilometers, the block is located in the prolific gas-prone Tapti-Daman sector of the Mumbai Offshore basin where production is already underway by other operators.
The closest ever images of the sun reveal its surface is speckled with "campfires", miniature versions of the dramatic solar flares visible from Earth.
Indian evacuation flights are operating out of Bucharest and Budapest. The government is not charging the rescued citizens for the evacuation flights.
The Adani group struck first coal from its Carmichael, Australia project on Thursday and will start shipping to its customers according to schedule. With this, the project will not only lift the economic prospects of the hitherto barren Australian outback, but also help Indian power plants to source cheap coal. The project had faced protests from a section of population with several banks even refusing to fund it. The group, however, went ahead with the project which included construction of a brand new railway line connecting an Australian port to the mine -- situated 300 kilometers away in Queensland.
Energy supermajor Exxon Mobil Corp is in talks to buy a stake in producing oil and gas fields in India, Oil Minister Dharmendra Pradhan said on Wednesday showcasing efforts to raise domestic output to cut imports. Exxon Mobil had in October last year signed a memorandum of understanding (MoU) with state-owned Oil and Natural Gas Corporation (ONGC) to offer its expertise and technology for developing resources in offshore blocks.
'Gerson existed at the intersection of principle and conscience. 'One of our conversations turned to his return to India from Brazil. 'He spoke about the choices he made and the things he felt he had failed at. 'What emerged was how he always steadfastly stuck to his beliefs and was true to them and himself. 'The need to -- in Spike Lee's words -- Do The Right Thing.' Director Dev Benegal remembers Gerson da Cunha, 'friend, guide, light'.
Indian Oil Corp (IOC) is deploying drones to monitor its vast network of pipelines across the country as it doubles down on the use of technology to thwart attempts to steal fuel, helping not just save the commodity but also avoid accidents. The country's top oil company already uses a combination of sophisticated technology and patrolling to detect any leakage from the pipeline network spanning over 15,000-kilometers. And now, it is adding drones to monitor the vast network, officials said. Use of technology helped throttle 34 attempts to pilfer fuel and arrest 53 persons in the 2020-21 fiscal year, they said adding the latest incident was in Sonipat, Haryana on August 17.
'We have not had one discussion on the border incursions or the subsequent report of the building of Chinese villages on Indian territory in Arunachal Pradesh.'
Two senior government functionaries said the central government does not want to take any decision that may further escalate the ground situation.
The ISRO plans to send three Indians to space by 2022, an announcement made by Prime Minister Narendra Modi during his last Independence Day speech.
Aeronautical engineer Sirisha Bandla on Sunday became the third Indian-American woman to fly into space when she joined British billionaire Richard Branson on Virgin Galactic's first fully-crewed successful suborbital test flight from the United States state of New Mexico.
Police said they have seized a large haul of explosives, a drone and a banner with the Islamic State logo.
With the tropical cyclone Tauktae set to cross the Gujarat coast and make a landfall as an 'extremely severe cyclonic storm' by Monday night, the state government has shifted over 1.5 lakh people to safer places and mobilised disaster response teams.
The shooting took place at Columbia Heights, about three km from the White House, in Northwest Washington at around 10:06 pm on Thursday.
The agitating farmers had earlier said they would picket toll plazas to press their demand for a repeal of the three new laws, which were voted through in Parliament in September amid strong protests by opposition parties.
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