The civil aviation ministry today said it has given “site clearance” for the construction of a greenfield international airport near Pune. Maharashtra chief minister Devendra Fadnavis had in 2016 announced the setting up of a greenfield international airport at Purandar in Pune district. Passenger traffic at the existing airport at Lohegaon, which is controlled by…
Budget carrier AirAsia India today announced expansion of its route network with the launch of a flight to Surat from Bengaluru, starting next month, taking the total number of destination operated by the carrier to 20. The Tata-AirAsia-invested airline, which completes four years of its operations in June, will fly daily to Surat from Bengaluru…
TOKYO (Reuters) – Oil prices stood near their highest since late 2014 on Tuesday, ahead of an announcement by U.S. President Donald Trump on whether he would withdraw from a landmark nuclear deal with Iran, which fuelled concerns about crude supply.
Crude oil drifted down by 0.95 per cent to Rs 4,704 per barrel in futures market today as speculators cut positions amid a subdued trend overseas.
The government has shelved the plan to privatise several key ageing fields of ONGCNSE 0.16 % and Oil IndiaNSE 0.35 % following strong opposition from the state-run companies and consultations between the oil ministry and the Prime Minister’s Office. The two companies will now draw up their own proposals to boost output from the fields.
GMR Energy Ltd has signed a definitive agreement with a consortium of international investor group for divesting its entire stake in Himtal Hydropower Company Pvt Ltd and its associated transmission company Marsyandgi Transmission Company Pvt Ltd, in Nepal.
State-run Pawan Hans Helicopter’s plans to launch flights under the regional connectivity scheme Udan have run into rough weather amid the ongoing disinvestment process and non-availability of choppers, the company’s union has alleged.
NEW DELHI: The civil aviation ministry is likely to allow sale and purchase of Available Seat Kilometre (ASKM) between airlines to fulfil their route dispersal guideline requirements, and has asked the airlines to rethink their views on it.
NEW DELHI: Billionaire Mukesh Ambani-led East-West Pipeline Ltd has sought nearly tripling of the tariff it charges for transporting KG gas from east coast to Gujarat.
KOLKATA: As many as 32 power plants out of 114 in India have coal stockpiles that will last for seven days or less, a situation not seen in several months, as generating stations unexpectedly stepped up capacity utilisation following a rise in demand for electricity.