Major News and Events of 04 May 2016
What Happened on 04 May 2016
Jindal brothers sign Rs. 6500 crore power deal
Telangana heatwave raises death toll to 219
Students of Jawahar Navodaya Vidyalaya have displayed excellent performance in the JEE (Main) this year as well. Out of a total of 251 students of Class XII who appeared for the JEE (Main) 2016, a whopping 238 qualified and ensured admission in the National Institutes of Technology. As compared to the national average of 16.7%, Navodaya students recorded a success rate of 94.8%.
Sajjan Jindal’s JSW Energy has confirmed to purchase a 1,000 megawatt power plant from his brother’s Jindal Steel and Power in a deal amounting to $976 million (Rs. 6500 crore). Jindal Steel has stated the deal will be completed by mid-2018 with JSW getting into power via acquisition of the power plant in Chattisgarh.
According to the State Disaster Management department, severe heatwave conditions in some parts of Telangana have raised the death toll to 219. All these casualties have been confirmed by a three-member committee, which has also reported Nalgonda topping the list of with 76 deaths reported so far. Nalgonda is followed by Mahbubnagar where 35 people have lost their lives due to excessive heat.