Archive for January 10th, 2018

Jet fires pilots for on-board physical altercation

Mumbai, Jan 10Airline major Jet Airways has terminated the services of two pilots who indulged in physical altercation on-board a London-Mumbai flight.

“Consequent to the review of the events on board Flight 9W 119 London-Mumbai of 1 January 2018, Jet Airways has terminated services of both the…

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RInfra moves MERC to approve Adani sale deal

Mumbai, Jan 10 Reliance Infrastructure Ltd on Tuesday said it has moved an application before Maharashtra Electricity Regulatory Commission (MERC) seeking approval to assign its transmission and distribution licences and transfer the integrated Mumbai power business to Adani Transmission Ltd.

The clearance has been sought by RInfra to assign its…

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PM Modi to inaugurate project commencement of Barmer refinery

New Delhi, Jan 10 The central government on Tuesday said the “project commencement” of Barmer Refinery is scheduled to be done by Prime Minister Narendra Modi on January 16.

According to the Ministry of Petroleum & Natural Gas, the refinery, located at Pachpadra in Rajasthan, has a total project cost…

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Major quake hits Honduras, Cuba; triggers tsunami warning

Washington DC, Jan 10 A 7.8-magnitude earthquake has hit the area between Honduras and Cuba triggering a tsunami warning, the US Geological Survey said.

It could also affect Puerto Rico and the Virgin Islands, Efe news reported…

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US to sell missiles worth over $133 mn to Japan

Washington, Jan 10  The US has approved the sale of missiles worth $133.3 million to Japan, saying it will serve to reinforce the Asian country’s defence against the ballistic missile threat from North Korea.

The consignment, which must still be approved by the US Congress, includes the sales…

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Chinese yuan weakens against US dollar

Beijing, Jan 10 The central parity rate of the Chinese currency, the renminbi or the yuan, weakened 239 basis points to 6.5207 against the US dollar on Wednesday, the lowest point in about two weeks.

The softer rate came after drops in the offshore yuan against the dollar on…

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Teenager raped in Delhi, two arrested

New Delhi, Jan 10 A 17-year-old girl was raped in east Delhi by two young men, who have since been arrested, police said on Tuesday.

Deputy Commissioner of Police B.K. Singh said the teenager was raped at a house in Shahdara area after the two accused picked…

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Government restricts use of national flag made of plastic

New Delhi, Jan 10 The central government on Tuesday urged everyone not to use a national flag made of plastic and asked the states and union territories to ensure strict compliance of the Flag Code in view of the Republic Day celebration ahead.

An advisory from the Union Home Ministry…

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Tata Steel, Vedanta among those with resolution plans for Electrosteel Steels

Kolkata, Jan 10  Debt-ridden Electrosteel Steels on Tuesday said four companies- Tata Steel, Vedanta, Renaissance Steel India and Edelweiss Alternative Asset Advisors Pte -have submitted bids to its Resolution Professional, under the corporate insolvency resolution process in terms of the Insolvency and Bankruptcy Code, 2016 (IBC).

The company, which…

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Severe cold grips J&K, Kargil at minus 23.6

Srinagar, Jan 10 Intense cold wave continued in the valley on Wednesday as Kargil in Ladakh region recorded bone-chilling night temperature at minus 23.6, lowest so far in Jammu and Kashmir this season.

“Cold wave conditions are likely to continue in the valley and the Ladakh region for…

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