A military cargo plane crashed near the Iranian capital Tehran with 10 people onboard, state TV reported Monday. “The plane was a cargo Boeing 707 that overshot the runway during its landing,” Iran’s aviation organisation spokesman Reza Jafarzadeh told state broadcaster IRIB. Conservative news agencies Fars and Tasnim said it was a military cargo plane […]
Day: January 14, 2019
Etihad to raise stake in Jet to 49%; founder to give up control: Report
Etihad Airways PJSC has agreed to raise its stake in Jet Airways India Ltd to 49 per cent as founder and chairman Naresh Goyal gives up majority control of the carrier, potentially paving the way for the rescue of the cash-starved company, according to television reports. BTVI television channel reported the Etihad stake increase Monday, […]
BHEL bags Rs 565 cr order for solar power plants in Telangana
State-owned power equipment maker BHEL Monday said it has won an order worth Rs 565 crore from Singareni Collieries Company for setting up solar photovoltaic (SPV) power plants in Telangana. Bharat Heavy Electricals Ltd (BHEL) said the order valued at Rs 565 crore is the largest SPV power plant order won by BHEL till date. […]
Oil falls back to $60 on concerns about China slowdown
Oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a slowdown in fuel demand. China’s exports fell by the most in two years in December while imports contracted, official figures showed, pointing to further weakness in what […]
Assam calls developers to build 70 MW solar project in Amguri Solar Park
Assam Power Generation Corporation Ltd (APGCL) has issued a Request for Proposal (RfP) for the development of 70 MW of grid-connected solar photovoltaic projects in Amguri Solar Park in the state. The projects will be developed on build own-operate basis for the procurement of solar power by the APDCL for a period of 25 years. […]
Star Air to begin flights from January 25
The newest airline in the Indian skies, Star Air, will commence commercial flights starting January 25. The airline is introducing non-stop flights from Bengaluru to Hubballi and Hubballi to Bengaluru. The flight from Bengaluru to Hubballi will depart at 7.35 am and arrive in Hubballi at 8.35 am. From Hubballi, the flight will depart at […]