French energy giant to buy stake in Adani Gas

French energy giant Total announced acquisition of 37.4 per cent stake in Gautam Adani-led Adani Gas. The gas marketing and distribution company, however, did not reveal the value of the deal. The announcement comes a year after the two firms announced a 50:50 joint venture to import and retail natural gas. Continue Reading

33 Tamilnadu men arrested with IS links: NIA

Out of 127 persons arrested from various parts of India for alleged links with global terrorism organisation IS, 33 are from Tamilnadu, it has emerged. Continue Reading

Postpaid mobile phone services in Kashmir restored after 72 days

Postpaid mobile services on all networks were restored in the Kashmir Valley today, 72 days after they were snapped following restrictions. Continue Reading

India to honour contractual commitments: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman today assured investors that India will honour contractual commitments under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” Sitharaman said at the India Energy Forum of CERAWeek. Continue Reading

BSNL hopes to boost market share, no plans to shut

Crisis-ridden Bharat Sanchar Nigam Ltd (BSNL) is hoping to boost marketshare, following Reliance Jio’s decision to charge six paise per minute for voice calls made to mobile phone networks of rival operators. Continue Reading

Mahanadi Coalfields supply affected by agitations

The coal supplies from Talcher and IB valley collieries under the Mahanadi Coalfields Limited (MCL) in Odisha were severely hit due to the ongoing agitations by local people demanding employment, an official said. Continue Reading

Nirmala Sitharaman seeks inputs to correct GST flaws

Conceding that GST may have some flaws in its present form, finance minister Nirmala Sitharaman asked tax professionals not to curse it and sought their help to make it better. The minister was replying to the concerns raised by taxation industry professionals here, who said the industry was “cursing” the government over how the GST was implemented. Billed as the biggest reform in indirect taxation, the goods & services tax, which does away with a host of levies from the federal to the local government levels, was implemented in July 2017. Continue Reading