Two dedicated freight corridors -- Eastern and Western -- are in operation covering several states and districts.
The Maharashtra government, led by CM Devendra Fadnavis, will petition the central government to rename IIT Bombay as IIT Mumbai, following controversy over a Union minister's remarks on the institute's name. The move comes amid political tensions and concerns about the city's identity.
BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.
The car lift plunged into a 7-metre-deep pit, trapping two persons, said an official from the Brihanmumbai Municipal Corporation (BMC).
The police have nabbed two brothers, one of them serving as an Agniveer, from Telangana in connection with the theft of a rifle and two magazines containing 40 live cartridges from Mumbai's high-security Navy Nagar area, an official said on Wednesday.
A bomb threat spread panic in the high courts of Delhi and Bombay on Friday, leading to suspension of hearings.
State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK's BP in the Mumbai High field.
Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the redevelopment of Motilal Nagar in Mumbai, offering more built-up area than its nearest rival, L&T. This will be the second mega redevelopment project of Adani Group in Mumbai, after the Dharavi slum redevelopment project. The total estimated redevelopment cost of Motilal Nagar is around Rs 36,000 crore, and the rehabilitation period is seven years from the project start/commencement date. The project will rehabilitate 3,372 residential units eligible under MHADA, 328 eligible commercial units and 1,600 eligible slum tenements.
Wedding photography is pushing the limits of creativity with photoshoots around the world.
The government has slashed allocation of natural gas used for LPG production, and diverted the low-priced fuel to city gas retailers like Indraprastha Gas Ltd and Adani-Total Gas Ltd to meet a part of their requirement for CNG/piped cooking gas supplies, according an official order. The government had in October and November last year cut supplies of low-priced natural gas coming from old fields such as Mumbai High and Bassein fields in the Bay of Bengal, to city gas retailers by as much as 40 per cent in view of limited output.
Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.
15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.
Even as Russia and West Asia have been slugging it out for market share in India to sell their crude oil, the US is quietly making its moves on the sidelines. The US has doubled its share of the Indian crude market in the past few months, according to industry sources and ship-tracking data. Some of the increase in America's market share may have come at the expense of Russia, India's biggest crude oil supplier, said industry sources.
The petroleum ministry has told ONGC to give away 60%stake plus operating control in India's largest oil and gas producing fields of Mumbai High and Bassein to foreign companies, according to an October 28 letter to the state-owned company. Amar Nath, additional secretary (exploration) in the Ministry of Petroleum and Natural Gas, wrote a 3-page letter to ONGC chairman and managing director Subhash Kumar, saying productivity of the Mumbai High and Bassein & Satellite (B&S) offshore assets under state-owned firm was low and international partners should be invited and given 60 per cent participating interest (PI) and operatorship. This is the second time since April that Nath, who is part of the ONGC management as the longest-serving government nominee director on its board and often considered a potential candidate to replace Kumar next year, has written an official letter, painting a poor picture of the company's performance.
The blaze erupted around 7 am in Kamla building located opposite Gandhi Hospital at Gowalia Tank, the official of the Brihanmumbai Municipal Corporation (BMC) said.
The second phase of redevelopment of MHS will involve an investment of Rs 6,340 crore (Rs 63.4 billion) and production capacity will go up from 1,50,000 bopd (barrel oil per day) to 1,80,000 bopd. Its oil recovery factor will increase from the present 31 per cent to 35 per cent by 2030. The second phase will have a timeline of five years (2007-2012). ONGC will drill 86 wells and 52 sidetrack wells from five platforms during the period.
With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
A video showing a hapless Arun Tiwari holding onto the railing of the balcony of the flat on the 19th floor and dangling precariously before falling down went viral even as fire brigade vehicles rushed to the spot. He was taken to the civic-run KEM hospital but was declared dead.
The company also said it has made three oil and gas discoveries in Krishna Godavari basin and Tripura.
Ranjita Ganesan visits The Indus Club, which is not just another old boys' club.
As counting is underway for the civic bodies in Maharashtra, and all eyes are on Mumbai's cash-rich Brihanmumbai Municipal Corporation. Here are a list of some of the big winners and losers from these elections.
The building did not have the mandatory Occupation Certificate granted by the Brihanmumbai Municipal Corporation, but it was already occupied by around 58 flat owners, according to the civic body.
"The blaze started on the 10th floor of the building, Sargam Society (G+16), located near Ganesh Garden in Tilak Nagar.
The massive fire that broke out on the 12th floor of high-rise building in the upmarket Kemps corner area in South Mumbai has claimed the lives of seven residents, fire officials said.
HUL has achieved few milestones in the fiscal gone by and hence is performing good on revenues front.
At least seven people died and 18 injured when a fire broke out in a 22-storey building in Mumbai's suburban Powai on Saturday evening, police said.
Maharashtra's beleaguered Chief Minister Ashok Chavan on Saturday met Congress president Sonia Gandhi after his name cropped up in a controversy surrounding the Adarsh housing society in Mumbai. Earlier, Sonia met Environment Minister Jairam Ramesh, political secretary to the Congress president Ahmed Patel, All India Congress Committee general secretary Janardhan Dwivedi and Union minister Prithviraj Chavan over the issue.
The massive blaze in a high rise in Mumbai that killed seven people and injured 18 others was caused apparently by a blast in an air-conditioner.
The government is pushing the public sector behemoth ONGC to involve private sector companies and service providers wherever possible to help raise oil and gas production, Petroleum Secretary Tarun Kapoor said Thursday. Kapoor's comments came days after the second-highest ranked official in his ministry asked Oil and Natural Gas Corporation (ONGC) to give away a 60 per cent stake plus operating control in India's largest oil and gas producing fields of Mumbai High and Bassein to foreign companies. "ONGC has to explore more so that it can discover more oil and gas reserves and bring them quickly to production to raise domestic output. The government is very clear that ONGC has to do more," he told reporters.
Aiyar might visit Mumbai on Wednesday night and take stock of the situation.
A fireman died and nine of his colleagues were injured as the navy and Coast Guard helicopters evacuated a group of firefighters trapped atop a commercial building aflame in a Mumbai suburb, officials said.
An ONGC helicopter carrying nine persons including two pilots, on Tuesday fell into the sea while attempting to land on a company's rig in the Arabian Sea, the company said, adding that six persons have so far been rescued.
A company official said work stopped temporarily only at two rigs and the remaining 34 in the offshore were operational. He added there was no impact on the company's production.
The government on Thursday more than doubled the price of natural gas that is used to produce electricity, make fertilisers, turned into CNG and piped to household kitchens for cooking, on the back of a spike in global energy prices. The price of gas produced from old regulated fields, such as the nation's largest gas field of Bassein of ONGC, will rise to a record high of $6.10 per million British thermal unit (mmBtu) from the current $2.90 per mmBtu, according to the oil ministry's Petroleum Planning and Analysis Cell (PPAC). The new price, which is likely to result in a hike in CNG and piped cooking gas rates, will be for six months beginning April 1.
At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 crores due to the delayed output of oil and gas, government officials said. ONGC was originally to start gas production from the Cluster-II fields in block KG-DWN-98/2 (KG-D5) in June 2019 and the first oil was to flow in March 2020. But these targets were quietly shifted to end-2021 because of deferments in awarding the fragmented work packages of the project, two officials with direct knowledge of the matter said on condition of anonymity.
The death toll on barge P305 that sank in the Arabian Sea four days ago rose to 49 on Thursday with the recovery of more bodies even as the Navy and the Coast Guard continued the search for the 26 personnel missing from the barge and 11 from anchor boat Varaprada, as hopes of finding more survivors of the Cyclone Tauktae fury receded.
Faced with high-speed wind and swelling sea, the ill-fated barge Pappa-305, with 261 crew onboard, lost anchors and smashed into an unmanned platform before sinking in the Arabian Sea after its captain ignored weather warnings and chose not to move the vessel away from the path of severe cyclonic storm Tauktae, a survivor recounted.
It looks unlikely that a proper plan was in place or else the deaths could have been averted, reports Jyoti Mukul.
There is growing talk of a realignment of forces in Maharashtra after May 2 when the results of West Bengal and other four states would be in, notes Virendra Kapoor.
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