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RailQ crane runway rail survey

Cranes should travel or track along their runway rails with a minimum of skew and without binding. Improper tracking leads to premature wheel and rail wear, resulting in costly repairs and downtime as well as inefficient and sub-optimal crane operation.

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RIL gets two blocks in Myanmar

RIL gets two blocks in Myanmar

The Ministry of Energy (MOE) of the Republic of the Myanmar selected Reliance Industries (RIL) for two offshore blocks (M17 and M18) in Myanmar Offshore Block Bidding Round 2013. Both the blocks are located offshore in the Moattama basin of Myanmar in water depths up to 3,000 ft and together encompass an area of 27,600 sq km.

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Lack of rail link

CIL said it is unable to tap the potential for supplying 300 million tonne of additional coal due to the absence of critical rail links for lifting the dry-fuel. If three critical rail links are fast-tracked, the company will ensure 300 mt additional supply to consumers who are facing fuel shortages.

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Lack of rail link

CIL said it is unable to tap the potential for supplying 300 million tonne of additional coal due to the absence of critical rail links for lifting the dry-fuel. If three critical rail links are fast-tracked, the company will ensure 300 mt additional supply to consumers who are facing fuel shortages.

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Ministry hails PPT for growth

In a review meeting, Paradip Port Trust (PPT) Chairman Sudhanshu Sekhara Mishra gave a presentation, apprising Union Shipping Secretary Dr Vishwapati Trivedi about the activities and performance of the port in the presence of the Heads of various departments.The secretary expressed his satisfaction on the progress of the projects undertaken by the PPT.

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Tiger Globals new VC fund

Tiger Globals new VC fund

Tiger Global Management LLC has kicked off process to raise its eighth venture capital fund focused on later-stage, privately-held technology companies, as per reports. At present it has seven VC funds with assets of over $6 billion which will rise to over $7.5 billion if the plans for new fund turns out to be true. It had raised nearly $1.5 billion in its seventh VC fund in 2012.

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Panel questions govt on PPP in running of IGI airport

A parliamentary panel has asked the government to explain whether public interest was being served by the private-public partnership (PPP) in the development and running of Delhi´s Indira Gandhi International airport. The Public Accounts Committee, in a latest report, virtually charged the government with enabling a private party (GMR) to benefit out of its partnership with state-run Airports Authority of India (AAI) to develop and manage the airport.

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Airtel restructures in Africa

Airtel has restructured its Africa operations into four business units and appointed key executives effective 1 April. The company will divide its operations in 15 countries into two groups, while keeping Nigeria and Congo DR as separate independent units. The heads of the business units will report to Christian de Faria who will take on the role of managing director and chief executive officer of Bharti´s Africa operations, according to the company.