Electricity will finally reach the terrains tucked away obscure in Chhattisgarh’s Narayanpur district where the outlawed Naxal outfits had reportedly set up its central headquarters to operate across the country. Abujhmad, where even Mughal Emperor Akbar’s team failed to carry out the survey because of inaccessible terrains, is an alleged hub of Naxalite-Maoist insurgency, the […]
Day: July 25, 2018
Orissa High Court stays safeguard duty on imported solar panels
The Orissa High Court has stayed the imposition of safeguard duty on imported solar panels until August 20 following a petition from leading solar developer Acme Solar Holdings opposing it. Last week, the Directorate General of Trade Restrictions (DGTR) recommended that safeguard duty on solar panels and modules imported from China and Malaysia should be […]
Bhel Q1 net up 93% to Rs 1.55 bn, chairman stresses prudent strategies
Power equipment maker BHEL on Wednesday posted about 93 per cent jump in standalone net profit to Rs 1.55 billion in the first quarter of the current financial year on higher revenues. Its net profit was Rs 808.2 million in the April-June quarter of last financial year, 2017-18, the company said in BSE filing. BHEL’s […]
Ryanair warns 300 staff of job cuts after spate of strikes hit bookings
Irish airline Ryanair has told over 300 pilots and cabin crew that they may lose their jobs as it cuts its Dublin-based fleet by 20 per cent for the winter season after recent strikes hurt bookings and airfares in its home market. The low-cost carrier, Europe’s largest by passenger numbers, is in the middle of […]
This Adani Group stock zooms 100% in 17 trading sessions
Adani Green Energy (AGEL), an Adani Group company, is locked in the upper circuit for the fourth straight day, rising 10% to Rs 51.20. The stock has rallied more than 100% in past 17 trading days on the BSE and is trading at its highest level since its debut on the bourses on June 18, […]
IndiGo grounds five A320 aircraft in Delhi
InterGlobe Aviation, operator of Indigo Airlines, said on Wednesday it grounded five Airbus A320 aircraft at New Delhi airport after issues with their engines manufactured by United Technologies’ Pratt & Whitney. The aircraft are expected to be back in service in the second half of August, InterGlobe Aviation said in a statement. India’s aviation regulator […]