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Twist in TCS Nashik case: No harassment or conversion plaint, says IT firm

BENGALURU: TCS CEO K Krithivasan on Friday said the company had constituted an oversight committee chaired by independent director Keki Mistry to review the investigation at its Nashik unit, which is under scrutiny over allegations of sexual harassment and religious coercion of employees.Krithivasan said while detailed reviews were ongoing, a preliminary examination of systems and...

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9 tourists from Kerala killed as van plunges into gorge in Tamil Nadu

COIMBATORE: Nine tourists from Kerala died and four others suffered serious injuries after the van they were travelling in veered off the Valparai-Pollachi ghat road and plunged several hundred feet into a deep gorge on Friday evening. The deceased, including five teachers of Govt LP School at Palliparambu, Pang, in Kerala’s Malappuram district, have been...

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Indian refiners purchase Iranian oil, pay in yuan

New Delhi: Using the one-month window provided by a temporary US sanctions waiver, Indian refiners purchased Iranian oil and settled payments in Chinese yuan, people aware of the development said on Friday. Iran insists on payment in Chinese yuan for oil to bypass US-led financial sanctions that restrict its access to the dollar-dominated global banking...

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Oil companies, exporters, importers cheer Hormuz Strait opening

NEW DELHI: Indian oil companies, fertiliser importers and exporters are cheering the opening of the Strait of Hormuz for global commercial vessels.There are 41 India-bound ships, both Indian and foreign-flagged, loaded with cargo, including crude, LPG, LNG and fertiliser, that are waiting to cross the narrow channel, where Iran has blocked normal movement since Feb...

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To cut LPG transport via road, government plans new pipelines

New Delhi: Aiming to eliminate bulk transportation of liquefied petroleum gas (LPG) through roads by 2030, the Petroleum and Natural Gas Regulatory Board (PNGRB) has initiated the bidding process for new pipeline infrastructure connecting refineries, import terminals and bottling plants. The regulator Friday said that the proposed pipelines are designed to connect key supply sources,...

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