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 […]
Hitachi Energy plans India expansion, local ops amid rising power demand Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to scale up renewable energy generation in the country. Zurich-based Hitachi Energy, which makes transformers and large-scale power transmitters, operates a GCC in the country, where high power demand has led to […]
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 […]
Vedanta Resources eyes various fundraise options for Zambia copper mine Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a […]
Airlines have to sit children younger than 12 with parents: Regulator India’s aviation regulator has asked airlines to ensure that children younger than 12 get to sit with their parents or guardians, giving the direction after observing that the safety practice was not observed. “Airlines shall ensure that children up to the age of 12 years are allocated seats with at least one of their parents/guardians, […]
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 […]
Indian Railways to run 43% more trains to combat the summer rush Amid severe criticism of the Indian Railways this week, the ministry of railways said on Friday that the national transporter is running 43 per cent more trips than the summer of 2023 to ensure that passenger convenience is not compromised. Over the past few days, numerous videos have surfaced on social media, showing the plight […]
SC issues notice to JKC and Jet Airways on SBI-led consortium’s petition challenging NCLAT’s March order
Mumbai- Ahmedabad Bullet Train Project: Ashwini Vaishnaw shares major insights on progress of India’s first bullet train – Here’s the latest
Indian Railways’ Summer Rush: Over 41 crore passengers travelled by train in April, officials highlight strain on services
FE Exclusive: Inside JetSetGo’s vision for Air Taxi services in India, CEO Kanika Tekriwal elaborates
Mega Airline Alliance: Air India enters into codeshare partnership with Japanese airline All Nippon Airways
Trouble in Pragati Maidan Tunnel continues! Water leakage signs found despite repairs – Here’s why the tunnel was called ‘potential threat’
World Earth Day 2024: How Kempegowda International Airport Bengaluru shaping a greener future – Explained
Reliance Q4 Results: Profit drops by 1.8% YoY at Rs 18,951 crore, revenue up 11.3%, dividend announced
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
Chanda Kochhar ‘shocked, hurt’ by ICICI Bank’s decision to terminate her Hindustantimes, Newspapers, Power January 31, 2019January 31, 2019 Binu Mathew Chanda Kochhar said she is “disappointed, hurt and shocked” by ICICI Bank’s decision Wednesday evening to treat her resignation as a “termination for cause” after an independent probe indicted her. Sharing Facebook Twitter LinkedIn Email Print