Live and let live. That appears to be Coal India 's latest mantra, which feels competition is good in the long term and the user will be the ultimate beneficiary Post Cabinet decision on commercial mining, CMD Gopal Singh asserted that the competitiveness of the mining giant will not be hurt by emergence of private players a wee bit.He does not see any threat to Coal India 's 80 per cent market share and believes that the move only will take care of the yawning demand gap. Since power demand is growing by up to 7 per cent every year, there is enough opportunity for both state-owned firm and other commercial miners to raise production and supply.The government on Tuesday cleared the auction methodology for the private sector, thus paving the way for commercial mining. Right now, Coal India is the sole major player.India, the CMD said, is targeting a very high GDP , and the first parameter naturally will be electricity availability at a reasonable cost. Coal India being the largest producer is ready with an aggressive plan to meet any rise in power and coal demand in future.On whether Coal India will be participating in coal auctions or not, he said the company will analyse and take a call as and when auctions are conducted.
February 21, 2018 07:30 UTC
Baaghi 2 stars Disha Patani and Tiger Shroff. Baaghi 2 stars Disha Patani and Tiger Shroff. The much-awaited trailer of Tiger Shroff’s romantic actioner Baaghi 2 is out. The Ahmed Khan directorial also stars Disha Patani, Randeep Hooda, Manoj Bajpayee and Prateik Babbar in pivotal roles. Baaghi 2, which is a sequel to the 2016 film Baaghi, will showcase Tiger Shroff in a much muscular and deadly avatar as compared to the prequel.
February 21, 2018 07:24 UTC
Here comes a huge relief for Internet's latest obsession, Priya Prakash Verrier. On Wednesday, Supreme Court has issued a stay on all the pending cases against her and even refrained states for registering any FIRs. Besides staying existing criminal proceedings, the bench restrained all state governments from registering any further FIR against the actress and the director with regard to the promotional video. It also issued notice to the Telangana government and others on a petition from 18-year-old Varrier, who shot into the limelight after her 'wink video' went viral on internet. Priya became an overnight sensation after a 29 second video clip from the song 'Manikya Malaraya Poovi' went viral around Valentine's Day this year.
February 21, 2018 07:19 UTC
Till date, Capillary has raised more than $100 million in funding, including the current round. Photo: BloombergBengaluru: Enterprise software company Capillary Technologies Pvt. Ltd has raised $20 million in a new round of funding from private equity firm Warburg Pincus, venture capital firm Sequoia Capital and existing investors, the company said in a statement on Wednesday. Under the CPG vertical, Capillary provides software for automating promotional campaigns, and a full stack of e-commerce software solutions for consumer brands. The biggest rounds last year include a $100 million deal closed by Just Buy Live, Power2sme’s $35 million Series E round and Moglix’s $12 million round.
February 21, 2018 07:18 UTC
Facing anger over the deadly school shooting in Florida, President Donald Trump has directed the Justice Department to consider banning bump stocks, the controversial device that turns semi-automatic rifles into fully automatic weapons capable of firing hundreds of rounds a minute. Also read Florida school shooting: Survivors launch gun control pushThe move comes in the wake of the deadly shooting at a Florida school last week that killed 14 students and three teachers, renewing a debate over gun control. Bump stock devices were not used in the Florida school shooting but it became controversial after the Las Vegas mass shooting in October last year in which the gunman used the device and killed nearly 60 people. Public comment concluded on January 25, 2018, with the Department of Justice receiving over 100,000 comments. The Justice Department said "this is a priority for the president" and it has acted quickly to move through the rule-making process.
February 21, 2018 07:12 UTC
The US today expressed disappointment over the Maldivian government extending the state of emergency by another 30 days and asked President Abdulla Yameen to uphold the rule of law in the troubled Indian Ocean island nation. Yameen yesterday extended a draconian state of emergency by another month yesterday, bolstering his grip on power in the troubled Indian Ocean island nation. "The United States is disappointed by reports that Maldivian President Yameen has extended the state of emergency in that country for an additional 30 days," State Department Spokesperson Heather Nauert said. Also read Maldives parliament approves 30 days extension of state of emergencyThe Maldives' Parliament yesterday extended the state of emergency by approving Yameen's recommendation. Indian Navy says noThe state of emergency will now end on March 22.
February 21, 2018 07:08 UTC
Besides, PNB has a Rs 1,700 crore fund/non-fund-based exposure to Mehul Choksey's Gitanjali Group.With Gitanjali Gems deciding to shut down operations, PNB’s total exposure to this mess could exceed Rs 13,000 crore.Diamond merchant Nirval Modi claims the amount involved was far less. Fitch Ratings has placed the lender’s Viability Rating of 'bb' on Rating Watch Negative (RWN), following the biggest heist of public money.Nomura India estimates that the fraud could increase PNB’s capital requirement by Rs 5,000-10,000 crore. Morgan Stanley pegged the additional capital requirement of the bank at Rs 8,000 crore assuming all the liability from the fraud, reports suggested.Fitch said the government's propensity to provide extraordinary support to PNB remains high. These banks have already got approvals from the finance ministry. The lender expects to return to normalcy within six months from now.The PNB stock has lost 28 per cent of value since the scam broke on February 12, 2018.
February 21, 2018 07:07 UTC
Queen Elizabeth II has always dressed with style and flair, but Wednesday marked her first visit to London Fashion Week. pic.twitter.com/wqQDOJAOt5 — The Royal Family (@RoyalFamily) February 20, 2018The 91-year-old monarch gave the London-based Quinn the first Queen Elizabeth II Award for British Design. She took to the catwalk to address the crowd and honor Quinn, who was chosen for the prize by the British Fashion Council. Also read Burberry turns to artist Henry Moore for latest London Fashion Week show"As a tribute to the industry, and as my legacy to all those who have contributed to British fashion, I would like to present this award for new, young talent." The queen's unusual visit followed a Buckingham Palace fashion reception hosted last night by Catherine, the Duchess of Cambridge, and Sophie, the Countess of Wessex.
February 21, 2018 07:07 UTC
12.20 pm ISTJio is one of the largest investors in UP with investments over Rs 20,000 Cr investment. Jio will be present in every single village in UP by the end of 2018: Mukesh Ambani at UP investors' Summit in Lucknow pic.twitter.com/q0wOuqImKN
February 21, 2018 07:07 UTC
Priyanka Chopra is no stranger to the controversies caused by the length of a frock. Congress legislators including Nandita Das and Rupjyoti Kurmi raised objections during the ongoing session of the Assam legislative assembly to the photograph and demanded that she be removed as the brand ambassador of Assam tourism. When asked if she takes into account the responses of trolls, Priyanka said, “There is no way I would have had an almost 20-year career if I was sensitive to that. Alleges Priyanka Chopra is depicted in derogatory manner in calendar. Priyanka Chopra is an international figure and her presentation in the calendar has not diminished Assam’s culture in any way.”
February 21, 2018 06:56 UTC
US President Donald Trump (AP file photo) US President Donald Trump (AP file photo)Facing anger over the deadly school shooting in Florida, President Donald Trump has directed the Justice Department to consider banning bump stocks, the controversial device that turns semi-automatic rifles into fully automatic weapons capable of firing hundreds of rounds a minute. Bump stock devices were not used in the Florida school shooting but it became controversial after the Las Vegas mass shooting in October last year in which the gunman used the device and killed nearly 60 people. “After the deadly shooting in Las Vegas, I directed the Attorney General to clarify whether certain bump stock devices, like the one used in Las Vegas, are illegal under current law. According to The Washington Post, the move to ban bump stocks may upset the pro-gun lobby group National Rifle Association, which is one of Trump’s strongest supporter. The Justice Department said “this is a priority for the president” and it has acted quickly to move through the rule-making process.
February 21, 2018 06:44 UTC
NEW DELHI: The Supreme Court on Wednesday put a stay on criminal proceedings against actress Priya Prakash Varrrier. Earlier this week, the actress had sought the apex court's intervention in multiple criminal complaints that were filed against her. The FIR mentioned that she had hurt 'religious sentiments' with her winsome wink in a song sequence from the Malayalam movie 'Oru Adaar Love'.A bench comprising Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud also extended similar relief to director of the Malayalam movie 'Oru Addar Love'. The petition said that the folk song had existed for centuries and was not disrespectful to Muslim sentiments.Movie director Omar Abdul Vahab and producer Joseph Valekunzhy Eapen, respectively, also moved the court seeking to prevent interference in their right to express themselves in a celluloid medium. Over Rs 1.25 cr has been spent on the yet to be released movie, they said, while seeking the court’s intervention to also prevent harassment of the 18-year-old B.Com student who has received several death threats.Varrier, a B.Com student from a college in Kerala's Thrissur district, sought protection from an FIR lodged on complaints alleging that the lyrics of the song 'Manikya Malaraya Poovi' from the movie was "offensive" and had "violated the religious sentiment of a particular community".
February 21, 2018 06:22 UTC
Photos posted on the Foreign Ministry website show the two ships with what appear to be hoses running between them. (Source: AP Photo) Photos posted on the Foreign Ministry website show the two ships with what appear to be hoses running between them. Photos posted on the Foreign Ministry website show the two ships with what appear to be hoses running between them. The UN has toughened sanctions on North Korea to pressure it to give up its nuclear weapons development. The Foreign Ministry said Japan had notified the UN Security Council of the transfer.
February 21, 2018 06:08 UTC
8.32 pm ISTPeople of Delhi rejected both BJP and Congress and gave us 67 seats, the kind of response I am seeing here I am sure people of Tamil Nadu will break record of people of Delhi: Arvind Kejriwal in Madurai #KamalPartyLaunch #MakkalNeethiMaiyam pic.twitter.com/BtTev10ajb
February 21, 2018 06:07 UTC