State-owned Coal India produced 440 million tonnes of coal in the April-January period of the ongoing fiscal, missing the target by 29.2 million tonnes. Coal India’s production target for the first 10 months of the ongoing financial year was 469.90 MT, according to a regulatory filing by the PSU. The company’s production for the month […]
Mangalore Refinery and Petrochemicals Ltd (MRPL) today reported a 71 per cent jump in its third quarter net profit at Rs 970 crore on the back of higher refining margins. Its net profit stood at Rs 567 crore in the same period of the previous fiscal, the company said in a statement. MRPL, a subsidiary […]
The proposal to expand free cooking gas programme to include 8 crore poor families, up 60% from 5 crore planned earlier, will give more women freedom from hazardous kitchen smoke, but the likely increase in the subsidy has raised concerns that oil companies may have to foot the bill. Shares of state oil firms fell […]
The 300 MW Kishenganga hydroelectric power project, executed by NHPC, is likely to be commissioned this year and it will go a long way in augmenting the power generation capacity, Deputy Chief Minister Nirmal Kumar Singh said. Winding up the discussion on the Demands for Grants of the Power sector in the Legislative Assembly last […]
The government is expecting to have the winning bidder for national carrier Air India by the end of June and the “legal closing” of the transaction by year-end, Union Minister Jayant Sinha said today. To revive the fortune of the debt-laden carrier, the government has decided on a strategic disinvestment and a group of ministers […]
The State government, which is gearing up to open the alternative road to Kempegowda International Airport (KIA) before the Assembly election dates are announced, has instructed the Public Works Department (PWD) to speed up pending work.
Bengaluru: The alternate route to the Bangalore International Airport (BIAL) may be opened for public by February-end.
The government on Thursday unveiled an ambitious ‘Nabh Nirman’ (Developing Skies) programme to expand airport capacity across the country by more than five times to handle a billion trips a year.
Navayuga Devanahalli Toll Pvt Ltd (NDTPL)’s proposal to collect toll from vehicles heading for the airport could result in long lines at the toll plaza. At present, the toll is collected only from vehicles coming out of the airport.
BENGALURU: A part of Sarjapur Road, the busy Southeast Bengaluru thoroughfare dotted with information technology companies, is soon going to be 150 feet wide under a Rs 84.5-crore project.
Soon, highway users need not pay fixed user charges for the entire stretch of a toll road. Only the distance travelled will be charged under the proposed new toll policy.
In a significant achievement towards meeting its own power requirement and subsequently reducing dependence on the central pool or other states, Uttarakhand Jal Vidyut Nigam Limited (UJVNL) has achieved record power generation at Mohammadpur hydro-power project in January.