Amid growing air traffic, India would need to treble its airports capacity (terminal building capacity) at an estimated capital expenditure (CapEx) of Rs. 2.4 lakh crore in the next ten years, much higher than around Rs. 52,000 crores incurred over the last decade, credit-rating body ICRA opined. The airports infrastructure sector in India is increasingly…
India and the European Union (EU) today emphasised that connectivity initiatives must be based on universally recognised international norms, transparency and equality, seen as an apparent reference to China’s OBOR project. Prime Minister Narendra Modi after a meeting with Donald Tusk, the president of the European Council, and Jean Claude Juncker, the president of the…
New Delhi: Congress vice president Rahul Gandhi took a swipe at Prime Minister Narendra Modi on Friday and asked him to explain reports of road construction activity by China in Dokalam if he was done “thumping” his chest.
Mumbai: A major fire broke out at an oil tank farm of the Mumbai Port Trust (MbPT) located on the Butcher Island off the east coast of Mumbai on Friday evening, with authorities suspecting that it was caused by a lightning strike.
Mumbai: Short supply of rakes to haul coal from coal mines to thermal power plants in Maharashtra by railways ministry has plunged large parts of the state into unexpected darkness.
New Delhi: Reliance Industries Ltd on Friday said it has sold one of its three shale gas assets in the US for USD 126 million, offloading stake in Marcellus, operated by Carrizo.
New Delhi: SpiceJet CMD Ajay Singh on Friday made a pitch for a cut in state taxes on aviation turbine fuel (ATF) and bringing it within GST to make the Indian aviation sector the fastest growing in the world.
Mumbai: Reliance Marcellus II LLC, a subsidiary of Reliance Holding USA Inc. and Reliance Industries Ltd (RIL), said on Friday that it had signed agreements to sell all of its interest in upstream Marcellus shale assets in north-eastern and central Pennsylvania for $126 million.
Vijaya Bank has entered into a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) for enabling all HPCL retail outlets with BHIM/UPI merchant solutions.
Singapore Airlines Ltd intends to cut fuel consumption, review its supplier relationships and invest in digital technology under a three-year transformation plan to boost its competitiveness, according to an internal newsletter.