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IOC seeks 2,700 acres to expand Paradip petrochem project

IOC seeks 2,700 acres to expand Paradip petrochem project

Undeterred by its stand-off with the Odisha government over the award of fiscal incentives to its oil refinery project at Paradip, the Indian Oil Corporation (IOC) has asked for an additional 2,700 acres.

The oil marketing company said it needed the land for expanding its petrochemical complex, where new units are supposed to come up. IOC is also looking to upgrade the refinery to make it compliant with BS-VI emission norms.

Rahul Gandhi meets victims of Saharanpur violence at dhaba

Rahul Gandhi meets victims of Saharanpur violence at dhaba

Congress vice-president Rahul Gandhi on Saturday said there was no place for Dalits and the poor in today’s India. “Dalits are being oppressed and it is happening across the country and not just in UP,” he said.

Mr. Gandhi was speaking from a dhaba at the Haryana-UP border, where some of the victims were brought with the help of local Congress leaders. Mr. Gandhi was denied permission to visit violence-hit Saharanpur in western Uttar Pradesh, as well as the district hospital where victims are being treated.

Poor sales push DLF's net debt up by Rs 700 cr in Jan-Mar to Rs 25,096 cr

Poor sales push DLF's net debt up by Rs 700 cr in Jan-Mar to Rs 25,096 cr

Realty major DLF's net debt has increased by nearly Rs 700 crore in January-March quarter of the last fiscal at Rs 25,096 crore as housing demand continued to be sluggish.

DLF's net debt is likely to rise further due to expenses on construction to complete ongoing projects even as sales are expected to be muted for the next few quarters.

India Cements Q4 standalone net down 32% to Rs 34 cr, yearly profit up 34%

India Cements Q4 standalone net down 32% to Rs 34 cr, yearly profit up 34%

India Cements Ltd today reported 32.10 per cent decline in its standalone net profit to Rs 34.28 crore for the fourth quarter ended March 31.

It had reported a net profit of Rs 50.49 crore in the January-March quarter a year ago, India Cements informed BSE.

Will consult Opposition before picking presidential candidate: Amit Shah

Will consult Opposition before picking presidential candidate: Amit Shah

BJP president Amit Shah on Saturday said his party would consult opposition parties, which have been working to forge unity over a joint presidential candidate, before deciding on the ruling alliance's pick for the top constitutional post.

He, however, parried a query on whether the BJP would seek to build a consensus with the opposition.

Harbhajan Singh hits back at media reports, says MSD is a dear friend

Harbhajan Singh hits back at media reports, says MSD is a dear friend

Veteran Indian off-spinner Harbhajan Singh has sharply hit back at the media reports suggesting that he had a problem with Mahendra Singh Dhoni's selection for Champions Trophy.

The 36-year-old was quoted in an interview on Thursday by a news channel, that he does not receive similar privilege as Dhoni gets, when it comes to Team India selection.

Panasonic to launch 'future of display screens' 4K TV on May 29

Panasonic to launch 'future of display screens' 4K TV on May 29

Ushering in a new era of televisions, Panasonic India is set to showcase their 'future of display screens along with the launch of new 4K TV line-up on May 29 in the country.

Industry sources told IANS that the tech giant's new high-end series is designed to deliver picture quality and sound accurate to a filmmaker's original vision.

Natural gas production no longer profitable business: ONGC

Natural gas production no longer profitable business: ONGC

State-owned Oil and Natural Gas Corp (ONGC) has said that producing natural gas is no longer a profitable business for the company as the government-mandated gas price is significantly below the cost of production.

The BJP-led government had in October 2014 evolved a new pricing formula using rates prevalent in gas surplus nations like the US, Canada and Russia to determine rates in a net importing country. Prices have halved to $2.48 per million British thermal unit since the formula was implemented.

J&K: Burhan Wani's successor and Hizbul Mujahideen commander Sabzar Ahmad Bhat killed in Tral encounter

J&K: Burhan Wani's successor and Hizbul Mujahideen commander Sabzar Ahmad Bhat killed in Tral encounter

Security forces dealt a major blow to Hizbul Mujhadeen on Saturday when they killed one of the most wanted commanders Sabzar Ahmad Bhat along with his aide at Saimoo village in Tral area of South Kashmir’s Pulwama district.

Elsewhere, the army foiled a major infiltration bid and killed six militants on the Line of Control in Rampur sector of Uri in North Kashmir’s Baramulla district.

CBI files FIR against CBSE officials in National Eligibility Test scam

CBI files FIR against CBSE officials in National Eligibility Test scam

The Central Bureau of Investigation (CBI) has filed an FIR against Director (IT) of the CBSE Antriksh Johri, the representative of Venus Digital Service and Venus Digital Service, Kapil Soorma, besides some other unidentified officials of the Central Board of Secondary Education (CBSE) in connection with the National Eligibility Test (NET) scam.

The FIR has been made on the allegation that the NET this year seemed to be hanging in the balance, as the private firm which was given the contract to scan the answer sheets had not been able to complete the work, prompting the CBI to file an FIR against it.

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