A consortium of Indian Oil (IOC) and Adani Gas will invest Rs 1,200 crore in building infrastructure for city gas distribution in towns of east and west Burdwan. Groundbreaking for the work will start on November 22 and the initial infrastructure will be ready in two years.
State-run gas utility GAIL (India) and Gujarat Energy Transmission Corp (Getco) have moved the National Company Law Tribunal (NCLT), seeking rejection of ArcelorMittal’s Rs 42,000-crore takeover plan for Essar Steel, saying operational creditors have been left out in the proposal.
Pilots at Jet Airways are understood to have indicated their unwillingness to perform additional duties from next month if their salary dues are not cleared by November 30.
The Centre and the state may be pumping in crores into electrification projects under the Integrated Power Development Scheme, but the quality of work at ground level remains suspect.
The Public Health Engineering Organisation (PHEO) and the Central Electricity Supply Utility (Cesu) are making elaborate arrangements for uninterrupted and adequate supply of drinking water and power at the Bali yatra, which will begin here on November 23.
The Airports Authority of India (AAI) has agreed to pay Rs 25 crore as compensation for land to be acquired by the Bengal government for the expansion of Bagdogra airport, clearing the decks for a project that has not taken off in five years because of problems over land acquisition.
Dassault and HAL had already entered into a formal “work share” agreement before the public-sector company was abruptly dropped from the Rafale deal and replaced with Anil Ambani’s Reliance, the Supreme Court has been told.
Asia-Pacific leaders failed to agree on a communique at a summit in Papua New Guinea on Sunday for the first time in their history as deep divisions between the US and China over trade and investment stymied cooperation.
Amid reports that the Tatas have commenced due diligence to buy a controlling stake in the airline, the top management of Jet Airways on Tuesday said it has hired investment bankers for the infusion of fresh equity into the airline and a stake sale in its loyalty programme.
Congress spokesperson Manish Tewari has asked five questions on the basis of the affidavit filed by the Centre in the Supreme Court on the Rafale deal.