Thursday, Jul 2 2020 | Time 14:39 Hrs(IST)
  • 17 foreign nationals released in UP's Bahraich
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  • Former K'taka Minister D K Shivakumar assumes charge as KPCC president
  • Centre is snatching railway from poor: Rahul
  • In a huge feat, all trains reach on time for the first time!
  • Delhi Govt to organise tree plantation drive from July 10-26
  • Union HRD, Health ministers inaugurate Drug Discovery Hackathon
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  • Oxford's Covid vaccine starts trail in S Africa
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Business Economy

India welcomes private participation in oil and gas value chain: Modi

India welcomes private participation in oil and gas value chain: Modi

Greater Noida, Feb 11 (UNI) Prime Minister Narendra Modi on Monday said the government has encouraged private participation across the entire oil and gas value chain.

“India is becoming an attractive FDI destination. Companies like Saudi Aramco, ADNOC, TOTAL, Exxon-Mobil, BP and Shell are looking to increase their investments across the value chain,” said the PM while addressing large gathering of delegates from over 70 countries here at the second day of the 3-day Petrotech 2019.

He also added, “India is making rapid strides towards a gas based economy. Over sixteen thousand kilometres of gas pipeline has been constructed and an additional eleven thousand kilometers is under construction.”

“Execution of three thousand, two hundred kilometers of gas pipeline in Eastern India has begun. This will connect North East India with the National Gas Grid.

“The 10th bid round for City Gas Distribution will be complete in a month’s time. This will cover over four hundred districts. It will extend coverage of City Gas Distribution to 70 percent of our population,” he stated.


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Tata Power board approves equity raise of Rs 2,600 cr; also approves infra investment trust (INVIT) for its renewables business

02 Jul 2020 | 2:19 PM

Kolkata, Jul 2(UNI) The Board of Directors of Tata Power has approved issuance of 49,05,66,037 Equity shares on a preferential basis to Tata Sons Private Limited ("Tata Sons") for an aggregate consideration of Rs 2,600 crore. The issue price for the Equity shares has been fixed at Rs 53 per Equity share representing a 15% premium to yesterday’s closing price.

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Own Samsung Galaxy Z Flip for just Rs 1,00,999 now; No cost EMI also available

02 Jul 2020 | 1:45 PM

Gurugram, Jul 2 (UNI) Samsung, India's most trusted smartphone brand, on Thursday announced exciting prices and offers for Galaxy Z Flip, making it more attractive for consumers to own Samsung's statement-making foldable smartphone.

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Bajaj Auto June sales declines by 31 pc

Bajaj Auto June sales declines by 31 pc

02 Jul 2020 | 1:34 PM

Mumbai, Jul 2 (UNI) Auto major Bajaj Auto on Thursday reported a 31 per cent decline in its total sales at 2,78,097 units in June as against 4,04,624 units in the same month last year.

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Fincare Small Finance Bank partner with Max Bupa to offer comprehensive health insurance solutions

02 Jul 2020 | 1:26 PM

Mumbai, Jul 2 (UNI) Fincare Small Finance Bank, a new-age, digital bank has entered into a bancassurance agreement with Max Bupa Health Insurance, a leading standalone health insurance provider.

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Signify Innovations India Limited launches Philips UV-C disinfection for homes to contain spread of COVID-19

02 Jul 2020 | 1:13 PM

Kolkata, Jul 2 (UNI) The COVID-19 pandemic has created fundamental shifts in consumer
behaviour and needs.

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