After a gap of nearly two years, the Coal Ministry has restarted the process of allocating mines. The Ministry allocated 11 coal blocks to subsidiaries of Coal India Ltd.
The nearly 80 per cent rally in the stock of Reliance Industries (RIL) over the past year has been predicated largely on two hopes – path to profit of the telecom business (RJio), and healthy profit growth in the mainstay petrochemicals and refining segments thanks to big capacity expansions and upgrades.
Vector Green Energy, a portfolio company of India Infrastructure Fund-II, managed by IDFC Alternatives, has announced it has closed financing of two solar farms in Telangana.
Union Minister for Civil Aviation P Ashok Gajapathi Raju and Vijayawada MP Kesineni Srinivas launched Air India Express operations from Vijayawada airport on Friday.
Mumbai, January 19Finance Minister Arun Jaitley should give “more priority” to agriculture and rural sectors in the upcoming Union Budget, said Nitin Gadkari, Minister for Road Transport and Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation, at a pre-Budget event organised by BusinessLine in Mumbai on Friday.
Zipping down the swanky six-lane Agra-Lucknow Expressway will come at a price from midnight today as vehicles using the route will have to pay toll tax.
Coastal transportation of coal is expected to near double to 63 million tonnes per annum (MT) by in six years, Crisil Research said today. “Crisil Research estimates coastal transportation of coal to increase to 63 million tonne per annum (mtpa) by fiscal 2023, from 32 mtpa as of fiscal 2017 as structural bottlenecks ease,” it…
Oil prices dropped more than 1 per cent on Friday as a bounce-back in US production outweighed the ongoing declines in crude inventories. If Friday’s falls last, this week will see the biggest weekly price declines since October.
India is testing new waters in the oil and gas exploration segment with the launch of bids for the Open Acreage Licensing Programme (OALP), which allows companies to pick their own areas for hydrocarbon exploration.
CETC Renewable Energy Technology Company, an ancillary of the diversified China Electronics Technology Group, has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board to set up a solar photovoltaic cell manufacturing plant in Chittoor district of Andhra Pradesh.