Editorial- August 2023 The lenders who decided to hand over 600 MW Power Plant of Vidharbha Industries Power Ltd (VIPL) to a tainted Asset Reconstruction Company (ARC), have much to answer for. CFM Asset Reconstruction Pvt Ltd – the acquirer of Rs 2,500 crore debt for Rs 1,265 crore – was allowed to take away the asset for […]
Tesla advisor joins India’s first consultative meeting on new EV policy A host of global and local companies participated in the first consultation on India’s new Electric Vehicle (EV) policy focused on high end cars. Tesla was represented by its advisor, The Asia Group (TAG) India in this meeting, officials aware of the development told ET. Representatives of Vietnam’s VinFAST, which is setting up an EV […]
NALCO posts record cast metal production at 4.63 lakh metric tonne in FY24 State-owned NALCO has made a record production of cast metal at 4,63,428 metric tonne during the financial year 2023-24. The company has also made its highest-ever metal sales of 4,70,108 metric tonne during the fiscal ended March 31, it said in a statement on Tuesday. The excavation of bauxite reached a record high of 7,600,230 […]
Russia squeezes Mideast, OPEC shares in India’s oil mkt to historic lows Russia became the top oil supplier to India during the fiscal year 2023/24 for a second year in a row, squeezing the market share of Middle Eastern and OPEC producers to historic lows, ship tracking data from industry sources showed. New Delhi has been gorging on Russian oil sold at a discount after Western nations […]
Govt looking at differentiated regulatory framework for civilian, industrial use drones The civil aviation ministry will look at having a differentiated regulatory framework for drones used for civilian and industrial purposes, a senior official said on Tuesday as he pitched for indigenous development of the drone ecosystem. Civil Aviation Secretary Vumlunmang Vualnam also emphasised that the government will make efforts to promote drones as well as […]
IRB Infra Trust SPVs make payment of Rs 6,111 cr to NHAI for TOT projects IRB Infrastructure Trust, an associate of IRB Infrastructure Ltd, on Monday said its special purpose vehicles have made an upfront payment of Rs 6,111 crore to National Highways Authority of India (NHAI) for toll operate transfer projects. The SPVs made an upfront payment of the concession fee of Rs 6,111 crore to the NHAI (TOT12 […]
Kolkata Metro’s non-fare revenue soars by nearly 20%, outpacing previous year’s earnings The Kolkata Metro Railways recorded a massive increase of 19.9 per cent in non-fare revenue earnings for the fiscal year 2023-24, generating more revenue than the last year. A spokesperson for the Metro named Kausik Mitra said they earned Rs 43.56 crore from April 1, 2023, to March 31, 2024, which is more than the […]
World’s Best Airports: Singapore’s Changi airport loses the crown to a new king; just 5 Indian airports in top 100 airports list
IndiGo cancels flights to and from Dubai until 12 pm today; adverse weather continues to hit flight operations
World’s Best Airports: Singapore’s Changi airport loses the crown to a new king; just 4 Indian airports in top 100 airports list
Virgin Atlantic aircraft and British Airways plane suffer ground collision at London’s Heathrow Airport
Indian air carriers witness 478 snags due to malfunctioning engineering parts in last 12 months: Civil Aviation Ministry
Pune Infra Watch: To make Pune first EV ready city in India, PMC to announce new policy decisions from July 1
Cooking gas LPG rates for Ujjwala consumers cheapest in India compared to neighbouring nations: Government
Aviation revolution in works: Midair gap between aircraft set to halve from January 1 – here’s what it means
More high-speed national highway corridors soon! Government looks to increase average speed to 85 kmph
SpiceJet gets fresh lifeline: Mumbai-based business couple Harihara and Preeti Mahapatra to invest Rs 1,100 crore
65,000-km highways worth Rs 5.35 trillion to be built by 2022, says Gadkari Business Standard, Newspapers, Roads February 8, 2019February 8, 2019 Binu Mathew Road Transport Minister Nitin Gadkari said on Thursday that 65,000 km of highways will be constructed across the country at a cost of over Rs 5.35 lakh crore by 2022. Sharing Facebook Twitter LinkedIn Email Print