Energy giant Total to buy 37 per cent stake in Adani Gas

Total will buy up to 25.2 per cent in Adani Gas from public shareholders at 149.63 rupees per share, representing an 8.7 per cent premium to the stock's last close and valuing the stake at 41.47 billion rupees (USD 585 million). It will also buy another 12.2 per cent stake from the Adani family at an undisclosed price, according to stock exchange filings. After the deal, the Adani family and Total will each hold 37.4 per cent stake in Adani Gas, while public shareholders will own the remaining 25.2 per cent. Shares of Adani Gas soared 18.4 per cent on Monday after the deal was announced, while the broader NSE index rose 0.3 per cent in early trade. 'The natural gas market in India will have strong growth and is an attractive outlet for the world's second-largest LNG player that Total has become,' Total Chairman and CEO Patrick Pouyanné said in a statement. 'Adani will bring its knowledge of the local market and its expertise in the infrastructure and energy sectors. This partnership with Adani is cornerstone to our development strategy in this country,' added Pouyanné. Total and Adani plan to establish a joint venture to market LNG in India and Bangladesh. Speaking later at a conference in New Delhi, Pouyanné said the deal will take 6 months to complete, adding that the energy major was looking to capture a substantial part of the Indian gas market with Adani. Total was also in discussions with partners including Adani for partnership in renewable energy, he said at the India Energy Forum by CERAWeek. Last month, Total completed the acquisition of Anadarko's 26.5 per cent stake in the Mozambique LNG project for USD 3.9 billion, while in June it took over Toshiba's US LNG business ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttps://www.elta.gr/UserProfile/tabid/80/userId/63815/language/en-US/Default.aspx

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Vrithra movie review: A 'quick' watch

Director Gautham Iyer has webbed a crime solving tale around the protagonist, Indra portrayed by Nithyasri, who has her heart set on solving an interesting case. The edge of the seat experience seekers could face some disappointment as this needs a patient watch just like the popular ones found on the online streaming services. When the officer finally gets a simple case to find out the remains of a suicide victim, things starts to get murkier. Could it be a case of kidnap or a murder? Well, Indra has her hands full now. For those who are still wondering what Vrithra means, it is a demon serpent and the film is titled so because it is an attempt to find the hidden demon or in other words finding out the real culprit. That apart, it is the casting which impresses, right from Nithyasri to the senior ones including Sudharani, who seems to be on a roll ever since she made a comeback in support roles. With a desired case at hand, the protagonist moves quickly in joining the missing links, which sounds well with a decent background score. Gautham has given more importance to the minute detailing of characters for an engaging two hour experience than retailing it with unnecessary action and fight sequences. If you are one of those serious minds, who look for quality in what's inside than the glittery package on the outside, then go watch this interesting demon being unraveled. ... DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Deccan Chroniclehttp://foxsheets.com/UserProfile/tabid/57/userId/32769/Default.aspx ailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The New Indian Expresshttps://www.capture.se/Support/Profile/userId/78348

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In the Mahatma's footsteps: Hamara Arunachal Abhiyan pledge administered by Arunachal Pradesh CM

he pledge was taken at Indira Gandhi Park on the 150th birth anniversary of Gandhi Jayanti. It aimed to restore Arunachal its crowning glory and to make the state an "island of peace". Khandu said the mission was to give thrust to the Team Arunachal campaign. He said Arunachal is a challenging state in terms of cultural diversity. "So to bring the feeling of oneness among Arunachalees, both the government and people must take a proactive part," he said. He said any breakdown in law and order discourages investment, which is vital for economic development. The chief minister said the mission will continue up to 2024with funds sourced from the corporate sector. Khandu released Picture Gandhi, a best-selling book on Mahatma Gandhi published by Tulika Publishers for children, translated into five tribal languages of Arunachal - Adi, Apatani, Mishmi, Nyishi, Nocte and also the Bodo language of Assam.The book is originally written in English by award-winning author Sandhya Rao. Khandu felicitated the six translators from six tribes of Arunachal and Assam.He also launched a solar mission and administered the pledge to students from various schools to play the role of student solar ambassador.Earlier Khandu, along with the council of ministers, MLAs, chief secretary, DGP, senior officers and officials from the district administration and the Itanagar Municipal Council actively participated in the mass social service to get rid of plastic wastes.In Mizoram, chief minister Zoramthanga on Wednesday appealed to denizens to remember and imbibe Mahatma Gandhi's message of non-violence in daily life.Addressing Gandhi Jayanti celebrations at Vanapa Hall here, Zoramthanga lauded the Father of The Nation as the epitome of love and peace.He highlighted measurers taken to ensure the success of Swachh Bharat Movement.Zoramthanga also released two manuals, Jal Shakti Campus and Jal Shakti Gram, published by the Mahatma Gandhi National Council of Rural Education under the ministry of human resource development to help higher education institutions in developing strategies, action plans and implementation plans for water conservation on the campuses and in the villages with which the campuses are engaged with.Biate in Champhai district was declared the cleanest town in the state and was awarded Rs 1 lakh.Serchhip bagged first prize in cleanest urban town in headquarters-urban category, which carried a memento, certificate and Rs 1 lakh, followed by Lunglei and Kolasib.Deputy chief minister Tawnluia, said Swachh Bharat movement is a continuation of Gandhiji's dream of clean India. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttps://anotepad.com/notes/9cg97g

PMC Bank crisis: HDIL says loans taken after giving 'adequate security' cover

The company has over a period of time availed itself of banking facilities from various banks and institutions including PMC Bank in the normal course of business," HDIL vice chairman and managing director Sarang Wadhawan said in a regulatory filing.He further said that "adequate security cover in favour of the banks including PMC Bank has been created" over the assets of the company for these facilities in due compliance with all banking regulations as per guidelines described by the RBI.Wadhawan said the company is facing temporary cash flow issues due to a slowdown in the real estate sector.As a result, he said, the company has been admitted under the IBC, but added that it was "actively attempting to resolve" the issue.The now-suspended managing director of the crisis-hit PMC, Joy Thomas, reportedly admitted to the RBI that the bank's actual exposure to the bankrupt HDIL is over Rs 6,500 crore- four times the regulatory cap or a whopping 73 per cent of its entire assets of Rs 8,880 crore.As per initial investigations, the bank's losses since 2008 were Rs 4,355.46 crore, police said."In relation to borrowings from PMC, we have already issued letters requesting an appointment with the administrator in charge of the bank to put forth the true and correct picture as also to discuss a strategy hereby the interest of all stakeholders and in particular PMC Bank and its depositors is protected," Wadhawan said.He said the company would take all necessary steps and extend full cooperation to any and all agencies/authorities during this period."We would endeavour to put in place plans to address interest and aspirations of all the stakeholders and extend full cooperation with the regulators and authorities during this time," Wadhawan said.He also said the company was not aware of any action against HDIL and its promoters."HDIL has been made aware of certain regulatory actions against PMC Bank and its management. It is also learnt that certain action is being initiated against HDIL and its promoters. We are unaware of any action against HDIL and its promoter," Wadhawan said. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Telegraphhttp://www.tichytraingroup.com/ActivityFeed/MyProfile/tabid/57/UserId/15495/Default.aspx

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India is listening to Atif Aslam's Wohi Khuda Hai

He delivers a tremendously moving performance with soaring vocals and many delicate touches as well. While Aslam's rendition will draw comparisons with Nusrat Fateh Ali Khan, the two versions are different enough that they can't really be compared in any fair manner. The way the song has been arranged holds up Aslam's voice and backs it up with great effect. The instruments never really try to draw attention to themselves but instead act in unison to create the atmosphere needed to deliver this song in all its glory. Perhaps the most memorable moment in the song comes towards its end when all the instruments except for one low note playing on a synthesizer is the only thing that backs up Aslam's voice. This bare section of the song shows just how much thought has gone into its execution. On the whole, 'Wohi Khuda Hai' is a haunting and beautiful rework that stays with you long after it has stopped playing. Who Will Love It: Fans of Atif Aslam and Nusrat Fateh Ali Khan. The Good: Atif Aslam's voice, the instrumentation. The Bad: The song's length may put off some listeners. The Verdict: This song is well worth listening to, preferably with time on your hands. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Indian Expresshttps://www.vox.com/users/kumaarswami

One size, fits all: NASA unveils new spacesuit prototypes for missions

'What you saw today was a prototype of the pressure garment. The life support system is back in a lab in Houston,' he said. 'We want systems that allow our astronauts to be scientists on the surface of the moon' The Trump administration in March directed NASA to land humans on the moon by 2024,accelerating a goal to colonize the moon as a staging ground for eventual missions to Mars. One suit of orange fabric will be worn by astronauts when inside the spacecraft. Astronauts will wear a much bigger mostly white suit on the lunar surface. The new suits make it much easier to walk, bend and squat when walking on the lunar surface, Amy Ross, NASA's lead spacesuit engineer, said. 'Basically, my job is to take a basketball, shape it like a human, keep them alive in a harsh environment, and give them the mobility to do their job,' she said. The new suits come as a much-needed upgrade to NASA's astronaut wardrobe. Astronauts Christina Koch and Anne McClain were slated in March to conduct the first ever all-female spacewalk outside the International Space Station, but the mission was called off because there weren't enough spacesuits available on the station for both of them. Another attempt for the first all-female spacewalk, a roughly six-hour crawl on the exterior of the space station to install new batteries, is back on for Thursday, NASA said in a news release on Tuesday. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Hindustan Timeshttps://wanelo.co/arjunranagans

India is listening to Atif Aslam's Wohi Khuda Hai

He delivers a tremendously moving performance with soaring vocals and many delicate touches as well. While Aslam's rendition will draw comparisons with Nusrat Fateh Ali Khan, the two versions are different enough that they can't really be compared in any fair manner. The way the song has been arranged holds up Aslam's voice and backs it up with great effect. The instruments never really try to draw attention to themselves but instead act in unison to create the atmosphere needed to deliver this song in all its glory. Perhaps the most memorable moment in the song comes towards its end when all the instruments except for one low note playing on a synthesizer is the only thing that backs up Aslam's voice. This bare section of the song shows just how much thought has gone into its execution. On the whole, 'Wohi Khuda Hai' is a haunting and beautiful rework that stays with you long after it has stopped playing. Who Will Love It: Fans of Atif Aslam and Nusrat Fateh Ali Khan. The Good: Atif Aslam's voice, the instrumentation. The Bad: The song's length may put off some listeners. The Verdict: This song is well worth listening to, preferably with time on your hands. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: The Indian Expresshttps://www.fanfiction.net/u/12767295/

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