JSPL accepts Rs 7,401-cr revised offer for Jindal Power from Worldone
AdvertisementDELHI (Metro Rail News): JSPL said on Saturday that its board of directors has approved Worldone Private Limited’s revised offer of Rs 7,401 crore for the sale of its subsidiary business Jindal Power Ltd.On July 25, JSPL reported that it has received a revised offer of Rs 7,401 crore from Worldone Private Limited to buy 96.42 percent of Jindal Power Ltd. (JPL). Jindal Steel and Power Limited’s Board accepted the revised binding offer from Worldone Private Limited (acquirer) to divest its 96.42 per cent stake in Jindal Power Limited (JPL), a material subsidiary of JSPL, the company informed. The deal will also entail debt associated with JPL (of Rs 6,566 crores approx as of December 31, 2020) moving out of JSPL’s consolidated books, thereby, strengtheningJSPL’s balance sheet said. As announced earlier, JSPL through an independent transaction advisor (Grant Thornton Advisory Pvt. Ltd.) had undertaken an additional competitive and publicly held bidding process for the sale of its entire stake in JPL, in order to maximize the value for its shareholders.
Source:MetroXpress
August 10, 2021 10:15 UTC
Framingham schools get $14M in federal relief funds. Here's how it will be spent
FRAMINGHAM — The Framingham School Committee has unanimously voted to approve a plan for the $14.4 million in federal funding allocated to the district from the American Rescue Plan Act. The money will be spent to support students experiencing learning loss, employees, social-emotional behavioral health and recreation, according to a press release from the district. The money must also be spent to respond to students' social and emotional needs and account for the disproportionate impact of the coronavirus on underserved students. BRYT is already at Cameron Middle School, and now expands to the other two middle schools. Priority will be given to students and schools facing significant gaps in opportunity and achievement.
Source:MetroXpress
August 10, 2021 09:55 UTC
Cricket-Former New Zealand all-rounder Cairns on life support
MELBOURNE (Reuters) -Former New Zealand cricket all-rounder Chris Cairns is on life support at a Canberra hospital after recently collapsing with a heart problem, New Zealand media reported on Tuesday. Cairns, 51, had undergone several operations after suffering an aortic dissection but had not responded to treatment as hoped, Newshub reported. A New Zealand Cricket spokesman said the board was respecting Cairns’ right to privacy and declined to comment on the situation. After retiring from international cricket, Cairns was the subject of allegations of matchfixing in India as captain of the Chandigarh Lions in the defunct Indian Cricket League (ICL) in 2008. In 2015, he was cleared of perjury in relation to the libel case after being charged by Britain’s Crown Prosecution Service.
Source:MetroXpress
August 10, 2021 09:48 UTC
RITES bags biggest ever work order worth Rs 4,027 cr
AdvertisementNEW DELHI (Metro Rail News): Officials announced on Friday that RITES Limited, a prominent transport infrastructure consultancy and engineering firm, has received the Railway Ministry’s highest-ever work order for railway track construction, costing Rs 4,027 crore. This turnkey order, according to a RITES spokeswoman, involves three new line projects with a total cost of Rs 4,027 crore: Belgam-Dharwad through Kittur, Shimoga-Shikaripura-Ranebennur, and Tumkur-Devangree via Chitradurga. RITES is now working on a doubling project at Gooty-Dharmavaram and a 140-kilometre third line project at Annupur-Pendra Road, according to the spokesman. “We are pleased to have received RITES’ highest-ever order,” said Suresh Kumar, Chairman and Managing Director (Additional Charge), RITES Limited. This new contract demonstrates our project delivery skills and competence in major infrastructure projects.
Source:MetroXpress
August 10, 2021 09:43 UTC
Mayoral hopeful Charlie Sisitsky hopes to build relationships, tackle stalled projects
FRAMINGHAM — With a background in municipal planning and public service, former Selectman Charlie Sisitsky says he's ready to take on the job as mayor. Sisitsky was a selectman in Framingham from 1998 until Framingham converted to a city form of government in 2017. He represented District 1 on the City Council for one term before opting against running for reelection in 2019. We’ve got to start moving on it now.”Having a good working relationship with the City Council will be important for all these projects and more. “I’m committed to spending my time in Framingham and focusing on Framingham,” Sisitsky said.
Source:MetroXpress
August 10, 2021 09:22 UTC
South Africa court postpones Zuma corruption trial to next month
CAPE TOWN (Reuters) -A South African court on Tuesday again postponed a long-delayed corruption trial against jailed former president Jacob Zuma to September 9 following his hospitalisation last week for an undisclosed medical condition. High Court Judge Piet Koen granted the postponement but ordered Zuma’s team to produce a medical report by Aug. 20. Zuma’s lawyer Dali Mpofu said his client’s medical condition was a matter of confidentiality. Zuma, 79, last month asked the Constitutional Court to annul his jail sentence, partly on the grounds that he was suffering from an unspecified medical condition. In the dock with French arms firm Thales, Zuma is facing 18 charges including corruption and money laundering and has pleaded not guilty to all the charges.
Source:MetroXpress
August 10, 2021 09:20 UTC
Motorcycling-Savadori has surgery after fiery MotoGP crash
(Reuters) – Aprilia MotoGP rider Lorenzo Savadori has undergone surgery to a broken ankle after a fiery crash in Austria at the weekend, the Italian manufacturer said. Pedrosa was unhurt, and re-started, while Savadori was taken away on a stretcher. Aprilia said Savadori had surgery in Parma on Monday. He will miss this weekend’s Austrian GP at the same circuit. “The surgery has been perfectly successful and the rider will start the recovery straight away, in order to come back racing as soon as possible,” said Aprilia in a statement.
Source:MetroXpress
August 10, 2021 09:11 UTC
Holliston's MacArthur Farm opens pop-up stand outside West Roxbury auto shop
HOLLISTON — Ousted from the Roslindale Farmers Market over produce sourcing, MacArthur Farm has set up shop just a short distance away. For the past month, the Holliston farm has been operating a pop-up farm stand from 8 a.m. to 3 p.m. each Saturday in the parking lot of B&M Auto Service, 1942 Centre St., West Roxbury. MacArthur Farm soon reached an agreement with owners of B&M Auto to allow it to use the parking lot of the auto repair shop. "We don't work on weekends and we have a big parking lot here," said B&M Auto co-owner Bruce Lovely. MacArthur Farm's pop-up stand will be open every Saturday until Thanksgiving, Peter MacArthur said.
Source:MetroXpress
August 10, 2021 09:00 UTC
Special, reserve, auxiliary... police reinforcement comes in many forms
Reserve officers. Auxiliary officers. The Natick Police Department has all three — special, reserve and auxiliary police, spokeswoman Lt. Cara Rossi said. “They work special events, such as the (Boston) Marathon, Fourth of July, Natick Days, etc.,” said Rossi. Westborough’s reserve officers are comprised of either retired Westborough officers or those who go through a reserve police academy.
Source:MetroXpress
August 10, 2021 09:00 UTC
Olympics-ICC prepares bid for cricket’s inclusion in 2028 LA Games
NEW DELHI (Reuters) – The International Cricket Council (ICC) is preparing a bid for the game’s inclusion in the 2028 Olympic Games in Los Angeles, the governing body said on Tuesday. Cricket last featured in the 1900 Olympics in Paris and has rarely been played in other multi-sport events, which many believe is essential for the game’s growth outside the Commonwealth nations. “Our sport is united behind this bid, and we see the Olympics as a part of cricket’s long-term future,” ICC chair Greg Barclay said in a statement. Barclay said including the game in the 2028 Games would be welcomed by the 30 million cricket fans in the United States. “With so many passionate cricket fans and players already in the USA, and a huge global audience and following for the sport around the world, we believe that cricket’s inclusion will add great value to the Los Angeles 2028 Olympic Games…” Marathe said.
Source:MetroXpress
August 10, 2021 06:56 UTC
China’s wild elephants head to safety after long trek
SHANGHAI (Reuters) – Fourteen wild elephants are heading south towards their protected habitat in southwest China’s Yunnan province following a 1,300-km (807-mile) trek that captured the public’s imagination, provincial officials said late on Monday. An emergency committee set up to handle the wild elephants, used electric fences and bait and laid artificial roads to ensure the elephants took the correct route. Yang Yingyong, a member of the committee, told reporters the migration route was “scientifically planned”. The committee will “strive to allow the elephants to return to their habitat as soon as possible and thrive,” he said. Shen Qingzhong, an expert with the Xishuangbanna National Nature Reserve Management Bureau, said it is likely the elephants will head north again in the future.
Source:MetroXpress
August 10, 2021 03:45 UTC
FACTBOX-Tokyo Olympics by numbers
Here is a summary of major figures and facts at the Games:20 WORLD RECORDSDisruptions to training caused by the pandemic did not dampen the intensity of competition with 20 world records set across sports. Three world records fell in athletics with Norway’s Karsten Warholm in the men’s 400m hurdles, American Sydney McLaughlin in the women’s event and Venezuela’s Yulimar Rojas in the women’s triple jump. There was also a new world record set in climbing, which was introduced into the Olympic programme in Tokyo. There were four world records in weightlifting, with Georgian weightlifter Lasha Talakhadze earning three of them in one event. SIX MONTHS TO GOFollowing Tokyo 2020, the 2022 Winter Olympics will be in Beijing https://olympics.com/ioc/beijing-2022 from Feb. 4-20, making it the first city to host both the Winter and Summer Games.
Source:MetroXpress
August 09, 2021 22:18 UTC
L&T is the single bidder for Chennai Metro Line-5 Underground section including 5 stations
AdvertisementCHENNAI (Metro Rail News): Chennai Metro Rail Limited (CMRL) opened technical bids recently for the work related to the construction of twin tunnels from Kolathur to Nathamuni of approx. 5.80 km length for Line-5 of Chennai Metro and Larsen and Toubro (L&T) is again the single bidder for this contract also. Tender Number – CMRL/CON/PHASE-II/CORR-5/CP06/UG06/2021Name of Work – Construction of underground stations at Kolathur, Srinivasa Nagar, Villivakam Sub-urban Station, Villivakam bus-terminus and Nathamuni with entry/exit, ventilation shafts, plumbing, earthmat, architectural finishes including signages etc. This section is a part of 47 km long Line-5 of Chennai Metro from Madhavaram Milk Colony to Sholinganallur with total 48 stations on the route. Line-5 comes under Phase-2 of Chennai Metro which comprises construction of three lines covering a total of 118.9 km.
Source:MetroXpress
August 09, 2021 17:32 UTC
Opponents of independent contractor push want probe into backers' finances
Chris LisinskiState House News ServiceBOSTON — Opponents of a new worker benefits ballot question campaign on Monday asked state campaign finance regulators to investigate the question's backers, who alleged in response that the complaint is based on a "willful misunderstanding" of state law. His group convened its own OCPF ballot question committee on Tuesday. The group neither committed to nor ruled out a ballot question campaign until last week. Committee officials indicated in their paperwork that "no money has been raised or spent prior to the organization of the ballot question committee," which Firestone alleged is a "false claim." State campaign finance law requires corporations or associations to disclose all expenditures made to promote or oppose a ballot question, including some "made in anticipation that a question will appear on a ballot."
Source:MetroXpress
August 09, 2021 17:26 UTC
Go Metro to gameday at SoFi Stadium
Fans will finally be able to attend games at SoFi Stadium in Inglewood this season starting with the Chargers-Rams pre-season opener on Saturday, August 14. Go Metro to SoFi Stadium by connecting to Metro’s shuttle bus service at the C Line (Green) Hawthorne/Lennox Station. Metro shuttle service is FREE, but normal fares apply on Metro Rail and for parking at Metro Park & Ride stations. •Use the Transit app to plan your trips on Metro and other local transit systems. The following Metro Bus lines also offer regular service to SoFi Stadium and operate all year long: Metro Bus Line 115 (Manchester Ave.), Line 117 (Century Blvd.)
Source:MetroXpress
August 09, 2021 16:30 UTC