In an attempt to ensure safety for its workforce so that accidents could not take place, a virtual brainstorming session on safety chaired by Central Coalfield Limited (CCL), Chairman cum Managing Director (CMD) PM Prasad was successfully organized at the company headquarters in the State Capital on Saturday. The session was attended by Director Technical […]
Day: October 20, 2020
OMCs continue to hold petrol, diesel prices across metros
Oil marketing companies (OMC) kept petrol and diesel prices unchanged across the four metros on Sunday. Petrol prices have been unchanged for 26 days at a stretch while diesel prices were the same for the 16th consecutive day. Price of petrol in the national capital was at Rs 81.06 per litre. In Mumbai, Chennai and […]
State brings electricity service under Mo Sarkar
With an aim to provide efficient, time-bound and transparent service delivery to the electricity consumers, Chief Minister Naveen Patnaik on Monday launched a portal ‘Mo Bidyut’ and a mobile app and announced that the electricity services would be brought under the purview of ‘Mo Sarkar’. Patnaik launched the bilingual online electricity integrated consumer service portal, […]
India is gradually moving towards an economy based on clean energy
As part of reforms oriented towards providing cleaner auto fuels in the country, government will soon launch a pilot on hydrogen CNG or HCNG soon, a senior government official said on Saturday. Petroleum secretary Tarun Kapoor said that a pilot project on HCNG is being undertaken in Delhi soon that will improve efficiency and reduce […]
IndiGo introduces service fee for check-in counter usage
In a bid to encourage web check-in, airline major IndiGo has introduced a service fee for usage of check-in counters at the airports. Accordingly, the fee has come into effect from Saturday. “We encourage all passengers to web check-in as per the government directive, using our website or mobile app. The check-in fee at the […]
Jet Airways to chart a new flight path
The Jet Airways rescue deal is sufficient to return the airline to skies, but its new owners will need to quickly raise more capital to turn around the airline, bankers and industry experts said. On Saturday, lenders to Jet Airways (India) Ltd accepted a Rs 1,000-crore bid by a consortium of UK-based Kalrock Capital and […]
Just because a bid has been accepted for Jet Airways does not mean that the airline will magically be restored. Far from it.
While the National Company Law Tribunal (NCLT) is yet to give their assent to the bid submitted by Kalrock Capital and Murari Jalan for Jet Airways, the fact that the lenders voted for the deal means that approvals from NCLT and other government authorities might come soon. Sanjay Mandavia, a former Jet Airways pilot who […]
Path to restart Jet operations very tough, uncertain, says expert
The path to recommence operations of the grounded Jet Airways is very tough and uncertain despite the committee of creditors (CoC) approval of the airline’s revival plan submitted by the Kalrock Capital-Murari Lal Jalan consortium, aviation advisory and research practice CAPA India head Kapil Kaul has said. The plan was approved after the conclusion of […]
Air India bid deadline may be extended till Dec 15
To attract potential suitors, the Government will ease asset valuation norms for Air India by allowing bidders to put in offers on an enterprise value basis, a source said on Monday. To begin with, the government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-making national […]
Air India bid deadline may be extended till Dec 15, govt to ease asset valuation norm
To attract potential suitors, the government will ease asset valuation norms for Air India by allowing bidders to put in offers on an enterprise value basis, a source said on Monday. To begin with, the government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-making national […]
Dehra-Haripur road in a shambles
The major district road from Dehra to Haripur is in a bad shape for the past over two years. The contractor, who was allotted the tender for the road construction in May 2018, was supposed to finish the work by December 2019. However, only 20 per cent work has been completed till date.
Damaged Rahon Road nightmare for commuters
The badly damaged Rahon Road in Ludhiana has become a nightmare for the commuters as the authorities concerned have failed to ensure the timely repair of the stretch. Residents blame the government for ignoring the safety of commuters for a long time. Portions of the road inside the MC’s limits as well as outside the […]