GAIL India Tuesday said it will expand its pipeline network capacity by about 50 per cent by constructing 5,500-kilometers of new lines in the next three years. The state-owned company is also looking at setting up 400 CNG stations and giving out a record 10 lakh piped natural gas (PNG) connections to household kitchens, its […]
Power Finance Corporation Tuesday posted over 22 per cent jump in its standalone net profit to Rs 1,373.26 crore in the quarter ended June 30, on the back of higher revenues and lower impairment allowance on financial instruments. The company’s net profit in the quarter ended June 30, 2017 stood at Rs 1,122.43 crore, the […]
Power companies have welcomed the Supreme Court’s stay on RBI circularand said the verdict will prevent 13Gw of stressed power plants from insolvency. “SC order has provided a great relief to Power sector stressed assets, this would provide time for Bankers to finalise resolution plan for about 13 GW of projects which are presently in […]
In a bid to manage the crop residue and prevent straw burning before the upcoming paddy season 2018, Haryana Government has signed an memorandum of understanding with Indian Oil Corporation to setup a 100 kilo litre per day Ethanol Plant (bio-refinery) at village Bohali, in Panipat at a cost of over Rs 900 crore.
The State Assembly was on Monday adjourned for a whole day till Tuesday as Congress and BJP members protested against the fuel price hike and the horticulture sapling scam, respectively.
Entrusting the responsibility of licensing air traffic controllers with the DGCA would not have “much impact” on the operational structure of the Airports Authority of India (AAI), according to a senior official.
A section of Air India pilot has asked the airline’s management to roll back its recent order to recover over-time flying allowance, paid to pilots of its Airbus fleet in the past two-and-half-years, and warned of “industrial action” if the demand was not accepted.
Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation Nitin Gadkari and Chief Minister Raman Singh on September 10, would jointly carry out public dedication and ‘bhoomipujan’ of eight construction works worth Rs 4,251 crore, at Charoda Town in Durg district. The programme is scheduled at 12.30 pm.
Haldibeda, a remote village, surrounded by forests and hills in Gurundia block, with 120 residents, does not have an all-weather road and access to drinking water facility.
New Delhi: The rupee’s plunge against the dollar threatens to eat into airlines’ profit as nearly 70 per cent of their expenses are in dollars. Lease rental, maintenance, spare parts, pilot training and a part of crew allowances are a few items that come under the head of payments in the US currency.
New Delhi: A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite to stomach revenue loss from such a move, a top government official said on Monday.
New Delhi: Iraq replaced Saudi Arabia in August as the top oil supplier to India, data from industry and shipping sources showed, as refiners turned to Iraqi barrels to compensate for a lower intake of Iranian oil ahead of US sanctions in November.