Larsen & Toubro (L&T), India’s biggest infrastructure and project execution company, has won a Rs 1,000-crore contract to maintain 5 million smart meters in Uttar Pradesh and Bihar over the next eight years, sources said. The smart meter tender, floated by state-owned Energy Efficiency Services Limited (EESL) earlier this year, was divided into two parts […]
Day: December 29, 2017
Government under pressure to cut excise duty on auto fuels: Icra
With oil prices on the boil, the government will be under pressure to cut excise duty on petrol and diesel to help soften the impact on consumers, credit rating agency Icra said today. Brent prices have jumped 40 per cent to around $67 per barrel this month from $48 in November 2016 when the OPEC […]
Varanasi may be launchpad for seaplane service: SpiceJet chairman Ajay Singh
River Ganga in Prime Minister Narendra Modi’s constituency Varanasi may be among the first places in India to get a regular seaplane service. SpiceJet chairman Ajay Singh told TOI he is aiming to start flights on this plane in 2018 and Varanasi could be the launchpad for the amphibious plane – which can land both […]