Airlines today revoked ban on JC Diwakar Reddy, Telgu Desam Party (TDP) MP from Andhra Pradesh. Former minister and MP JC Diwakar Reddy was banned by airlines for his unruly behaviour when he reportedly broke office equipment on June 15 and abused IndiGo staff at Visakhapatnam airport when they refused to let him board the […]
Day: July 19, 2017
Despite efforts under UDAY, power theft continues to remain high
Energy theft continues to remain high despite concerted efforts by the Centre and the states, which signed up for the power distribution reforms — Ujwal DISCOM Assurance Yojana (UDAY). The states that topped the list of power theft in 2016 have not made any considerable progress. Among the major laggards are Uttar Pradesh (UP), Bihar, […]
Fresh CBI case in coal scam; FIR against Monnet Ispat
The CBI has registered a fresh case in the ongoing investigation in the coal scam against Monnet Ispat and Energy Limited for alleged irregularities in the operation and allocation of coal blocks to the company. The agency yesterday registered a case of criminal conspiracy and cheating against the company and unidentified persons. Under the preliminary […]
IGI passengers to be refunded excess airport levy
Passengers flying to and from the Indira Gandhi International (IGI) Airport here after July 7 can claim a refund of excess airport charges paid as part of their airfare, according to aviation regulator DGCA. This follows a recent tariff order slashing User Development Fee (UDF) for domestic passengers flying out of Delhi airport to Rs […]
IGL gets licence to retail CNG in Gurugram
Indraprastha Gas Ltd today said it has got a licence to retail CNG to automobiles and piped natural gas to households in parts of Gurugram in Haryana. IGL currently sells compressed natural gas (CNG) and piped natural gas (PNG) in the national capital and adjoining cities of Ghaziabad, Noida and Greater Noida. The Petroleum and […]
InterGlobe board to discuss meeting public shareholding norm
IndiGo’s parent InterGlobe Aviation today said its board would consider dilution of promoters’ stake to meet the minimum 25 per cent public shareholding requirement. The board will discuss the matter at its meeting to be held on July 31. IndiGo, which is the largest domestic carrier in terms of market share, is working on ambitious […]
Karaikal airport construction works to be completed before
Works to build India’s ‘first private greenfield airport’ here will be completed before June next and the airport will become operational soon after, a senior Karaikal Airport Private Limited official said today. About 350 acres of land out of the proposed 526 acres for the airport project had already been procured, KAPL Chairman J V […]
Kerala Infrastructure Fund Board sanctions projects worth Rs 3,800 crore
Kerala Infrastructure Fund Board (KIFB) has sanctioned various development projects with a total cost of Rs 3,800 crore in different sectors including forest, public works, water resources and power. A memorandum of understanding was signed in this regard between the board and respective secretaries of the departments, Finance Minister T M Thomas Isaac’s office said […]
Morale affected, but want to see the company doing well: Air India CMD on disinvestment
Air India Chairman and Managing Director AshwaniLohani on Wednesday said that the news of the disinvestment of the airline has affected the morale of the staff, but they are determined to give their best to see their company perform well anyhow. “The news of disinvestment definitely affects the morale of every person, because the future […]
NTPC a key enabler of India’s electricity transformation
A recent Morgan Stanley report has downgraded the Indian utilities industry. It highlighted that renewable energy is becoming so cheap that thermal power, mostly coal, is uncompetitive. This is a highly significant market signal which will likely be accompanied by growth in the already impressive list of high caliber international investors moving into India’s renewables […]