Oil prices edged down on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael churned towards Florida causing the shutdown of nearly 40 per cent of US Gulf of Mexico crude output. Brent crude futures were down 2 cents at $84.98 a barrel by 0640 GMT, after a […]
Day: October 10, 2018
Essar Power announces completion of 1,200 MW Mahan power plant project
Ruia family-promoted Essar Power Wednesday announced the completion of its Rs 80 billion capex programme for its Mahan power plant project with a commissioning of the plant’s second 600 MW unit. Both units of the project are operational and supported by an end-to-end raw material sourcing and evacuation infrastructure, a company statement said. According to […]
Hyderabad airport to handle 20 mn passengers in FY 19
The Rajiv Gandhi international airport here is expected to handle 20 million passengers, both domestic and international, during the current fiscal, a top official of the GMR Hyderabad International Airport Limited has said. “In 2015 we celebrated 10 millionth passenger. In 2018 we almost doubled. This year (FY 19) we would have handled 20 million […]