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Betul (Goa), <keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> is likely to sign a USD 78 billion deal to extend <keyword id="19905315" type="General" weightage="20" keywordseo="lng" source="keywords">LNG</keyword> imports from Qatar by another 20 years till 2048 at rates lower than current prices, sources said. <keyword id="20475720" type="General" weightage="20" keywordseo="petronet-lng-ltd" source="keywords">Petronet LNG Ltd</keyword>, India's biggest liquefied natural gas (LNG) importer, is likely to sign a deal with QatarEnergy to extend a 2004 deal to buy 7.5 million tonne a year of gas for producing electricity, making fertilizers and converting to CNG, on the sidelines of India Energy Week (IEW) here. Sources said the renewal is at a "significantly" lower price than the current deal. At current prices, India will save about USD 0.8 per million British thermal unit at the renewed terms. <keyword id="20387238" type="General" weightage="20" keywordseo="petronet" source="keywords">Petronet</keyword> imports 8.5 million tonne per year (MTPA) of LNG from Qatar under two contracts. The first 25-year deal is to expire in 2028 and is now being extended for 20 additional years. The second deal for 1 MTPA entered into in 2015, will be negotiated separately, sources said. Qatar's energy minister and top officials of QatarEnergy are attending the IEW here. India, the world's third biggest energy consumer, sees natural gas as a transition fuel for migrating to net zero carbon emissions by 2070. As part of this, the government is targeting to raise the share of natural gas in the country's energy mix to 15 per cent by 2030 from 6.3 per cent now. Sources said the current deal is priced at 12.67 per cent of prevailing Brent crude oil prices plus a fixed component of USD 0.52 per million British thermal unit. Under the new contract, the slope would remain more or less the same but the fixed charge of USD 0.52 would be scrapped, they said. Also, India will save an additional USD 0.30 per mmBtu on shipping charges as Qatar has agreed to convert the deal to Delivered Ex Ship (DES) from Free on Board (FOB), thereby undertaking responsibility of shipping. At USD 80 per barrel Brent crude oil price, the annual 7.5 MTPA import will cost USD 3.9 billion annually and over a 20-year period it would total to over USD 78 billion. While 7.5 MTPA of LNG is bought by Petronet, the firm's promoters state-owned Indian Oil Corp (<keyword id="19942852" type="General" weightage="20" keywordseo="ioc" source="keywords">IOC</keyword>), Bharat Petroleum and GAIL (India) buy a combined 1 MTPA of LNG. Sources said the new deal will allow the Indian buyers to decide which terminal in India will receive cargoes. Under existing deals, Qatar delivers LNG at Dahej in Gujarat. Sources said the freedom to decide on the arrival terminal will result in additional savings in cost for transporting the fuel through pipelines within the Indian grid.

India to sign $78 billion deal to extend Qatar LNG imports

I toured Air India's new Airbus A350 &mdash; which it hopes will compete with elite competitors like Emirates and Qatar. See inside.

Electric two-wheeler maker <keyword id="10771675" type="General" weightage="80" keywordseo="kabira-mobility" source="Orion">Kabira Mobility</keyword> on Friday said it has secured USD 50 million (around Rs 412 crore) funding from Qatar-based Al-Abdulla Group. The Panjim-based company plans to utilise the capital to fund its future growth in the country. The company plans to ramp up production capacity of its electric bikes KM3000, KM4000, introduce new products and enhance sales infrastructure across the country. The company currently has an installed production capacity of 40,000 units a month at its Dharwad-based plant in Karnataka. In an interaction with PTI, Kabira Mobility CEO Jaibir <keyword id="3681361" type="General" weightage="80" keywordseo="siwach" source="Orion">Siwach</keyword> said the company has raised USD 50 million through equity sale. The companies, however, did not share the exact details of the deal. Siwach said the production capacity of the <keyword id="6360661" type="General" weightage="80" keywordseo="dharwad" source="Orion">Dharwad</keyword> plant could be enhanced to 60,000 units a month. "We are also looking to set up a new manufacturing facility around Jewar in Uttar Pradesh with an installed capacity of 1.25 lakh units a month," he noted. The project entails investment to the tune of around Rs 300 crore, Siwach said. He noted that the company will go in for another round of fund raise by the end of the year. On product launches, Siwach said the company will launch pro trims of KM3000 and KM4000 electric bikes and also introduce KM 5000, an electric cruiser later this year. The company is focusing primarily on the electric bike segment and is looking to garner 30 per cent market share in the vertical over the next two years, he said. The company also aims to add around 70 dealerships this year to take the total number of outlets to over 100 mark. Al-Abdulla Group CEO Manoj George said <keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword> holds immense potential and is expected to become the global manufacturing hub for the electric two-wheeler segment. "Our investment in Kabira Mobility is aligned with Al-Abdulla group's vision of investing in the renewable energy sector and supporting sustainable mobility solutions on a global scale," he added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/markets-extend-gains-in-see-saw-trade-metal-banking-stocks-sparkle/articleshow/98733884.cms">Markets extend gains in see-saw trade; metal, banking stocks sparkle</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/one-third-of-worlds-population-suffers-from-sleep-disorders-say-medical-experts/articleshow/98731255.cms">One-third of world's population suffers from sleep disorders say medical experts</a>

Kabira Mobility secures USD 50 mn funding from Qatar-based Al-Abdulla group

Leading multiplex chain INOX Leisure Ltd. announced on Wednesday that it is all set to live screen matches from <keyword id="5929" type="General" weightage="80" keywordseo="fifa-world-cup" source="Orion">FIFA World Cup</keyword> <keyword id="6355203" type="General" weightage="80" keywordseo="qatar" source="Orion">Qatar</keyword> 2022 across its 22 multiplexes in 15 cities in <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>. The move means that football fanatics can watch the matches at INOX multiplexes in Mumbai, Delhi, Gurgaon, Kolkata, Pune, <keyword id="826" type="General" weightage="80" keywordseo="goa" source="Orion">Goa</keyword>, Bhubaneswar, Jaipur, Kolkata, Siliguri, Surat, Indore, Vadodara, Dhanbad, and Thrissur, adding to the FIFA Football <keyword id="22177" type="General" weightage="100" keywordseo="world-cup" source="Orion">World Cup</keyword> frenzy in India. The FIFA World Cup Qatar 2022 began on November 20, with the Round of 16 kicking off on December 2, with the final scheduled for December 18. 32 of the best international teams in the world will battle it out to win the coveted title. The tournament unarguably produced one of the biggest shocking results in the history of the competition when Saudi Arabia defeated a Lionel Messi-led Argentina 2-1 in a Group C match at the Lusail Iconic Stadium on Tuesday. "There are certain things that bring people together in our country, and sports is one of them. We are thrilled to bring the most-awaited sporting event, the FIFA World Cup Qatar 2022, to the big cinema screens at INOX." "With this initiative, we aim to provide our patrons with an opportunity to create unforgettable experiences and memories while feeling the pulsating energy as if one were in the stadium itself. We are proud to take our content innovation journey forward with sports, through this historic screening. We look forward to welcoming our guests and letting them soak in an immersive football-viewing fun at INOX," said Alok Tandon, Chief Executive Officer of INOX Leisure Limited. INOX had earlier signed an agreement with the International Cricket Council (ICC) to live screen all matches played by India in the eighth edition of the Men's T20 World Cup in Australia in October-November, where the side reached the semi-finals, before losing to England by ten wickets. They also live screened India's matches in Asia Cup 2022 in the UAE in September. The cinema chain is also the Official Sponsor of the Indian Olympic Association. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/no-alcohol-intake-strict-dress-code-us-uk-issue-advisory-for-fifa-world-cup-in-qatar/slidelist/95715119.cms">No alcohol intake, strict dress code: US, UK issue advisory for FIFA World Cup in Qatar</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/bjyus-amul-viacom18-jio-cinema-sbi-more-indian-brands-powering-the-fifa-world-cup-2022/slidelist/95712435.cms">Amul, BJYUs, Jio Cinema &amp; more: Indian brands powering the FIFA World Cup 2022</a>

INOX to screen matches of FIFA World Cup Qatar 2022 live in its cinema halls in India

Argentina star footballer <keyword id="704" type="General" weightage="20" keywordseo="Lionel-Messi" source="Orion">Lionel Messi</keyword> has confirmed the final on Sunday, December 18 to be his <keyword id="15780384" type="General" weightage="20" keywordseo="last-FIFA-World-Cup-game" source="Orion">last FIFA World Cup game</keyword>. The talismanic forward will be kicking for World Cup glory for the final time at football's grandest stage against either France or Morocco and will look to draw curtains on his World Cup journey with the elusive trophy making its way to his already distinguished trophy cabinet. "I feel very happy, to be able to achieve this, to finish my World Cup journey by playing my last game in a final," Reuters quoted <keyword id="6355806" type="General" weightage="20" keywordseo="Messi" source="Orion">Messi</keyword> as saying in a statement to Argentine media outlet Diario Deportivo Ole. Messi will play for redemption having reached the FIFA World Cup final in 2014 only to come second to Germany. "It's many years for the next one and I don't think I'll be able to do it. And to finish like this, it's the best. It's all well and good (the records), but the important thing is to be able to achieve the group objective, which is the most beautiful thing of all. We're just one step away, after fighting hard, and we're going to give everything to try to make it happen this time," added Messi. The 35-year-old is playing his fifth World Cup, surpassing the four of Diego Maradona and Javier Mascherano. The forward's goal in the 34th minute helped Argentina take the lead in the semifinal against Croatia on Tuesday. Julian Alvarez scored a brace to take Argentina into the final and knock out the 2018 World Cup runners-up. Messi appeared in his 25th World Cup match, tying Lothar Matthaus of Germany for the most, and took his tally of goals at the World Cup to 11, breaking Gabriel Batistuta's Argentina record Argentina will play the winner of the second semifinal between France and Morocco on Sunday in the championship after Messi inspired Lionel Scaloni's team to a 3-0 victory against Croatia. Messi has the chance to lead the South American team to a World Cup win to end a 36-year wait when they play in the final this weekend. Argentina last won the World Cup in 1986. The second semifinal will take place on December 15 at the Al Bayt Stadium where defending champions France will take on a spirited Morocco who have made it to their maiden World Cup semifinal. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/there-are-more-employable-women-than-men-in-india-wheebox-india-skills-report/articleshow/96202479.cms" style="">There are more employable women than men in India: Wheebox India Skills Report</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/education/news/tcs-partners-with-gujarat-government-to-impart-digital-skills-in-schools/articleshow/96198247.cms" style="">TCS partners with Gujarat government to impart digital skills in schools</a>

Lionel Messi confirms that Qatar final will be his last FIFA World Cup game

<keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword>'s all-important <keyword id="19895131" type="General" weightage="20" keywordseo="FIFA" source="keywords" meta.keywordsubtype="org" meta.entityname="FIFA" meta.hostid="261" meta.entityid="FIFA">FIFA</keyword> World Cup Qualifier against <keyword id="20078631" type="General" weightage="20" keywordseo="Kuwait" source="keywords">Kuwait</keyword> is inching closer with every day. The West Asians are a familiar side for the Blue Tigers and this is set to be their fourth meeting in less than a year, and without a shadow of a doubt, the most significant one too. For a simple reason - a spot in the third round of FIFA World Cup Qualifiers as well as direct qualification for the Asian Football Confederation (AFC) <keyword id="20013719" type="General" weightage="20" keywordseo="Asian-Cup" source="keywords">Asian Cup</keyword> Saudi Arabia 2027 is on the line. After four matchdays, back-to-back Asian champions Qatar have already sealed their place as table toppers with four wins. But the three remaining contenders for the second and final spot are separated by only one point, leaving open a wide range of possibilities come the last two matchdays on June 6 and 11. Despite India's defeat to Afghanistan in March, they still occupy the second spot with four points. Afghanistan is also on four, but in third place due to their inferior goal difference, while Kuwait is at bottom with three points. India will face Kuwait in Kolkata on June 6 before travelling to Doha to play Qatar on June 11, while Afghanistan will host Qatar in Saudi Arabia on June 6 before going on the road to take on Kuwait on June 11. While the permutations and combinations may seem confusing at first, for India, simply put, a victory on June 6 will put them on the brink of solidifying second place, since it will officially eliminate Kuwait from contention, as per a press release from the All India Football Federation (AIFF). India's goal difference (-3) is also significantly greater than Afghanistan's (-10), and as such, an Indian victory in Kolkata will require the Afghans to notch two miraculous results if they are to downturn the Blue Tigers' advantage. The <keyword id="19919542" type="General" weightage="20" keywordseo="Salt-Lake-Stadium" source="keywords">Salt Lake Stadium</keyword> has been a happy hunting ground for Igor Stimac and his boys as they won all three of their matches in the AFC Asian Cup Qualifiers in June 2022 against Cambodia (2-0), Afghanistan (2-1) and Hong Kong (4-0), respectively. In fact, India has not lost a match at Kolkata's iconic stadium since a 0-3 defeat to Saudi Arabia in the Asian Cup Qualifiers in August 2006. A passionate crowd in a spectacular venue, against an opponent India have enjoyed good results over the last 12 months will be a confidence-booster for the Blue Tigers. While all three meetings with Kuwait were close affairs, Stimac's men came out on top in clutch situations. After a 1-1 draw in the SAFF Championship group stage, they triumphed on penalties following another 1-1 draw in the final to lift their ninth title in July 2023. In November, a Manvir Singh strike helped India eke out a 1-0 win in Kuwait City in the first matchday of the World Cup Qualifiers. That was also the last time India won a match and scored a goal from open play. Since then, the Blue Tigers have been on a six-game winless run. But while their form has dipped and they have dropped to 121st in the FIFA Rankings, Kuwait's recent results have also been poor. They have lost all four of their matches in 2024, including 0-3 (away) and 1-2 (home) against Qatar in the March Qualifiers and friendly defeats to Libya (1-3) and Uganda (0-2) in January. Rui Bento's side have slipped to 139th in the FIFA Rankings. Indian captain <keyword id="20013715" type="General" weightage="20" keywordseo="sunil-chhetri" source="keywords">Sunil Chhetri</keyword>, who will be playing his last game in national colours, admitted that there will be no surprise factor in the game since both teams are well-versed with each other. Kuwait is a side with technically good players who are quick in offence and transitions. Following the conclusion of their domestic season, they announced their 26-man squad earlier this week, with 20 of them hailing from the top three sides of the Kuwait Premier League - Kuwait SC, Al-Arabi SC and Al-Qadsia SC. While Kuwait will be missing their dynamic winger Shabaib Al-Khaldi, who scored in the SAFF final, the other important names to watch out for will be defender Khalid El Ebrahim, midfielders Ahmed Al-Dhefiri, Sultan El-Enezi and Eid Al-Rasheedi, and forward Mobarak Al-Faneeni.

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India to sign $78 billion deal to extend Qatar LNG imports

PTI

I toured Air India's new Airbus A350 which it hopes will compete with elite competitors like Emirates and Qatar. See inside.

Taylor Rains

Kabira Mobility secures USD 50 mn funding from Qatar-based Al-Abdulla group

PTI

INOX to screen matches of FIFA World Cup Qatar 2022 live in its cinema halls in India

IANS

Lionel Messi confirms that Qatar final will be his last FIFA World Cup game

ANI

FIFA WC Qualifier: India face Kuwait in a crucial battle on June 6 in Kolkata

ANI

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