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No more free insurance for train travel, opt out or pay up: Railways
Posted on 11th August 2018
The Indian Railways will not provide free travel insurance to its passengers starting September 1, an official said on Saturday.

A senior Railway Ministry official said that the Indian Railways Catering and Tourism Corporation (IRCTC) has decided to stop free travel insurance starting September 1.

Travellers while booking tickets through its website or mobile application will have to choose from two options: to opt-in or opt-out of travel insurance.

He said that in a bid to promote the digital transaction, the IRCTC has been giving free travel insurance to passengers since December 2017.

The railways had earlier also waived off ticket booking charge for users who make payments via debit cards.

The insurance provided by the IRCTC had a maximum cover of Rs 1 million in case of a person's death during a train journey, Rs 750,000 if a person is disabled due to an accident, Rs 200,000 if injured and Rs 10,000 for transportation of mortal remains.

The order to charge for the travel insurance will be generated in a few days.

However, the amount has not been disclosed yet.


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Hindustan Petroleum Corp enters into a long-term agreement with HMEL
Posted on 22nd September 2018
Hindustan Petroleum Corporation (HPCL) on Friday entered into a long-term agreement with HMEL (HPCL-Mittal Energy) for operations and maintenance of its newly-commissioned bitumen terminal at Bathinda.

HMEL recently set up a bitumen blowing unit with a capacity of 550 million tonne per annum different grades of bitumen plant at Guru Gobind Singh Refinery, Bathinda. The agreement is for storing, handling and dispatching the product.


Amazon India to soon sell cow urine and dung based soaps, face packs made by RSS-backed centre
Posted on 22nd September 2018
Soaps, face packs, shampoos and medicinal products made from cow urine and dung may soon be just a click away as an RSS-backed centre says it is set to sell these on e-commerce major Amazon India.

Deen Dayal Dham, a centre run by the RSS in Farah town of Mathura in Uttar Pradesh, will first put up a dozen products related to health, beauty and apparel on the website for sale, a manger at the centre said.


Sensex witnesses flash crash
Posted on 22nd September 2018
Mumbai: The shares of housing finance companies (HFC) and other financial service firms were battered badly on Friday causing a flash crash on the domestic bourses as rumours about default by certain entities amidst rising delinquencies and cost of capital triggered panic selling in the market.

Infosys to offer cloud solutions to global enterprises on Google Clouds
Posted on 22nd September 2018
Software major Infosys would offer scalable services and solutions on demand to global enterprises on search engine's Google cloud platform, the IT major said on Saturday.

"We are partnering with Google to develop cloud transformation and migration services for enabling enterprises transform their businesses on scalable and on-demand model," said the city-based company in a statement.


RIL closes KG-D6 oilfield
Posted on 22nd September 2018
Reliance Industries has permanently shut down its only oilfield (MA field) in the KG-D6 block on the back of dwindling output from the reserve. This was the company’s first foray into oil and gas exploration that began in September 2008 when the field started producing oil.

“The MA (D26) field in Block KG-DWN-98/3 (KGD6), which is being operated by RIL as an operator of the joint venture consisting of RIL (60 per cent), BP (30 per cent) and Niko (10 per cent)


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