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Coal India to divert coal movement to fight critical stock in power plants

Coal India to divert coal movement to fight critical stock in power plants

Coal India (CIL) has drawn up an emergency plan to regulate coal movement to the non-power sector for pushing additional coal to the thermal power plants. In the long run, it plans to redefine its priorities much on the lines of the governance practiced in Central Coalfields (CCL). Redefining priorities has helped in complete transformation of this CIL subsidiary, both in terms of physical and financial parameters.

Security core to our end-to-end Cloud architecture, says Microsoft India executive

Security core to our end-to-end Cloud architecture, says Microsoft India executive

When it comes to securing data in the Cloud, enterprises, including small and medium businesses (SMBs), have to learn that security is not an isolated offering but an inherent part of the end-to-end architecture as they begin to adopt the ecosystem, a top Microsoft executive has reiterated. It is often said that there are only two types of companies — ones who know they have been hacked and the ones who don’t know that they have been hacked. “All of us have some level of exposure to malware and it is unintentional.

IGL, IOC-Adani, HPCL-Oil India set to win gas distribution licences

IGL, IOC-Adani, HPCL-Oil India set to win gas distribution licences

NEW DELHI: Indraprastha Gas (IGL), Indian Oil-Adani Gas combine and Hindustan Petroleum-Oil India joint venture are set to win licences to distribute gas in one city each in the latest round of auction, according to people with direct knowledge of the matter.

In the much delayed 8th round city gas bidding, licences for gas distribution in Karnal, Haryana is set to go to IGL.

DGCA may ground 130 Air India pilots for skipping mandatory alcohol test

DGCA may ground 130 Air India pilots for skipping mandatory alcohol test

India's aviation regulator DGCA has found 132 pilots and 434 cabin crew of state-owned Air India to have allegedly skipped the mandatory pre and post-flight alcohol test this year and they face the prospect of being grounded.

These crew members had regularly been "evading" the breath analyser (BA) test over a period of time for flights to and from certain destinations such as Singapore, Kuwait, Bangkok, Ahmedabad and Goa, sources close to the development told PTI today.

7k Indian-Americans affected as Trump scraps scheme protecting immigrants

7k Indian-Americans affected as Trump scraps scheme protecting immigrants

US President Donald Trump on Tuesday scrapped an Obama-era amnesty programme that granted work permits to immigrants who arrived in the country illegally as children, a move likely to impact 800,000 undocumented workers including more than 7,000 Indian-Americans.

"I am here today to announce that the programme known as DACA (Deferred Action for Children Arrival) that was effectuated under the Obama Administration is being rescinded," US Attorney General Jeff Sessions said.

Maruti Suzuki sees opportunities in electric vehicles

Maruti Suzuki sees opportunities in electric vehicles

Indicating a shift in stance, the country's biggest car maker, Maruti Suzuki, says it will not hold back investments in electric vehicles (EVs).

It says it will start work on these as soon as consumer preference for EVs is visible.

Sebi orders forensic audit of 2 suspected shell firms

Sebi orders forensic audit of 2 suspected shell firms

Stepping up its crackdown on suspected shell companies, market regulator Sebi has ordered forensic audit of two listed firms -- Kavit Industries and GV Films -- even as it eased some trading curbs on their shares.

In case of GV Films, the regulator said the "balance sheet is disproportionate to the profit and loss of the company" which warrants an independent audit of its asset and liability, even as "there appears to be no prima facie evidence of misuse of the books of the company".

ONGC to raise its first ever debt of Rs 25,000 cr to fund HPCL buy

ONGC to raise its first ever debt of Rs 25,000 cr to fund HPCL buy

Cash rich Oil and Natural Gas Corp (ONGC) will raise its first debt ever, of Rs 25,000 crore, to part fund the Rs 37,000 crore acquisition of government's stake in Hindustan Petroleum Corp Ltd (HPCL).

India's largest oil and gas producer has about Rs 13,000 crore in cash and would need to borrow the rest to fund the buying of government's 51.11 per cent stake in HPCL.

TVS, ASK join hands for realty fund

TVS, ASK join hands for realty fund

TVS Emerald, the real estate arm of TVS Motor Company and ASK Property Investment Advisors (ASK PIA) have partnered to set up Rs 400 crore real estate investment platform. ASK PIA is the real estate private equity manager of ASK Group.

Both partners will jointly infuse money. The capital raised will be invested in affordable mid-income housing projects, ASK said in a release on Monday.

TCS to carve out a new brand identity for its artificial intelligence product Ignio

TCS to carve out a new brand identity for its artificial intelligence product Ignio

BENGALURU | MUMBAI: Tata Consultancy Services (TCS) is creating a product brand for its artificial intelligence (AI) product Ignio and has hired from US companies to drive sales of the standalone product, a move that analysts say is akin to building a software company with a different model to its traditional services.

The company is working to ensure the Ignio brand is a standalone — with a separate website that has minimal TCS branding. Digitate, the unit that houses Ignio, is only once referred to as a TCS venture.

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