Terming the creation of infrastructure a big challenge, Civil Aviation Minister Suresh Prabhu on Saturday said India will need at least 1,000 planes in the next few years as it prepares a comprehensive and integrated plan for 2035 to boost the sector. “To create infrastructure for aviation is a big challenge and we, therefore, are […]
Day: July 7, 2018
Odisha govt tells Centre to scrap PPAs with newer NTPC projects
Faced with the prospect of a glut in thermal power supplies from 2020 onwards, the Odisha government is keen to renege Power Purchase Agreements (PPAs) signed with NTPC projects which is due to start commercial operations. Accordingly, the state government has requested the Centre not to allocate power from the NTPC’s stations coming up at […]
Shareholders approve giving Mukesh Ambani another 5 years as RIL Chairman
Shareholders of Reliance Industries have approved giving Mukesh Ambani another five years as the Chairman and Managing Director of the company. Ambani, 61, has been on the board of Reliance Industries Ltd (RIL) since 1977 and was elevated as Chairman of the company after the death of his father and group patriarch Dhirubhai Ambani in […]