One of the biggest critics of the demonetisation step announced by Prime Minister Narendra Modi was West Bengal Chief Minister Mamata Banerjee, and in the face of another major step to be taken regarding the economy of the nation, she has once again spoken out in protest.
As the deadline approaches for the implementation of the Goods and Services Tax, the nation gears up to prepare itself for the landmark legislation which will be officially in place at the stroke of midnight on June 30, exactly...
'Munna Michael' is a film everyone seems to be waiting for. Right from the first poster release of the film to the two songs, Tiger Shroff's film has kept the audience hooked for more. On Tuesday, the third track from the film was released on social media by Tiger Shroff and debutante leading lady Nidhhi Agerwal which is the first romantic song coming from the movie.
With the new track 'Pyar Ho', the leading pair is set to show their sizzling and fiery chemistry which has grabbed everyone's attention. The...
A special CBI court on Wednesday allowed Sheena Bora murder accused Indrani Mukerjea to officially file a complaint against Byculla Prison officials after she was allegedly beaten and threatened with sexual assault following prison riots.
The death of a 45-year-old woman prisoner Manju Govind Shette triggered protests in the Byculla Prison, and Indrani was among the 200 inmates of the women's prison that were booked for rioting.
Indrani appeared in court on Wednesday after she submitting an application...
The general expectations from a Salman Khan movie are pretty stagnant and basic. The movie will have some mindblowing action, chartbuster masala songs, Salman's bare-chested body, few classic dialogues, a beautiful damsel in distress and massive box office collections. The audience and the critics don't expect more than this. 'Tubelight' was exactly none of it and maybe this didn't go too well with anyone because of some solid preconceived notions about a typical 'Salman Khan Film'.
But that doesn't...
Loan growth in the country is expected to pick up to 15 per cent in 2017-18, from 9.1 per cent in the previous fiscal, as demonetisation shock fades, says a report.According to a Bank of America Merrill Lynch report, loan growth in the country is now at a historic low and is expected to bottom out."Our BofAML liquidity model forecasts that loan growth will pick up to 15 per cent from 9.1 per cent in 2016-17 as the demonetisation shock works itself out," BofAML said in a note.
The report further...
In its attempt to become power surplus and increase the share of renewable energy, the Bihar government has planned to set up a nuclear plant of around 3,000 MW capacity at Rajauli in Nawada district, a senior minister said today.
"We have embarked on the growth path. We want to be self-reliant in the power sector. Apart from the other sources of energy, we have also planned to set up nearly 3,000 MW of nuclear capacity in Bihar," Industries Minister Jai Kumar Singh said.
Singh was speaking...
JSPL Sets Up New Plant; Becomes First Manufacturer of ‘Head Harden Rails’ In India
NEWS WORLD INDIA | 0
September 6 , 2016 , 14:34 IST
In a landmark achievement, Jindal Steel and Power Limited (JSPL) on Tuesday announced it has set up a new plant for manufacturing ‘Head Harden Rails’ for modern hi-speed trains and metros.
With this launch, JSPL has become the first and the only manufacturer of ‘Head Harden Rails’ in India.
The plant, set-up with an investment of Rs 2000 crore & in technical collaboration with M/s. SMS MEER, Germany, is capable of delivering 30,000 MT of rails per month.
“In line with the government’s thrust on ‘Make in India’, JSPL has successfully completed trials of ‘Head Hardened Rails’ and is all set for commercial production,” Naveen Jindal, chairman JSPL, said while addressing the media persons during the launch event in New Delhi.
ALSO READ: JSPL Launches Head Hardened Rails For Faster & Safe Travel
“JSPL being the only producer of Head Hardened Rails in the country is poised to play an important role in the growth of India’s rail Infrastructure,” the chairman added.
This landmark achievement also propels JSPL into the elite club of 7 global steel majors with the capability to manufacture 'Head Hardened Rails' in the world.
Ravi Uppal, MD & Group CEO, during the event said, “The govt’s renewed impetus on railway infrastructure development and the proposed introduction of high speed and bullet trains necessitates the establishment of domestic facility to fulfill the need of Indian Railways.”
“We envisage our indigenously produced rail product line which includes India’s longest rails and head hardened rails to be the preferred choice for the upcoming metro and hi-speed rail corridors in India,” he added.
Rail head hardening is a cost-effective and efficient method for extending the service life of rails by improving mechanical properties.
The head hardened rails are different from normal rails. Head Hardened Rail can withstand increased wear from train travelling at high speed (>250 km/Hr) and greater frequency with heavy axial load.
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