The race for acquiring Air India is fast narrowing down, with the Tata Group and SpiceJet promoter Ajay Singh among the few left in the bid to take over the airline. A section of Air India employees led by the airline’s director (commercial) Meenakshi Mallik has not made it to the list of qualified bidders. […]
Day: March 9, 2021
Opposition parties give adjournment motion notices in Lok Sabha over fuel price rise
Several MPs of the opposition parties, including the Congress, Communist Party of India (Marxist), Indian Union Muslim League (IUM), Revolutionary Socialist Party (RSP), Dravida Munnetra Kazhagam (DMK) and the Shiv Sena have given an adjournment motion notice in Lok Sabha over the continuous rise of fuel prices. Congress MP Manish Tewari gave an adjournment of […]
Maharashtra budget: 170-km ring road planned for Pune at Rs 26,000 crore
A 170-kilometre ring road will be built around Pune at an estimated cost of Rs 26,000 crore as a large number of passenger and goods transport from different parts of the state move through the city, Maharashtra Deputy Chief Minister Ajit Pawar said on Monday while tabling the Budget for 2021-22 in the Assembly. Land […]
Madras High Court refuses to cancel Tangedco’s coal tender
Madras high court has refused to set aside Rs 1,330 crore coal import tender floated by Tangedco. Refusing to intervene in the order passed by a single judge dated February 24, upholding the tender process, the first bench of Chief Justice Sanjib Banerjee and Justice Senthilkumar Ramamoorthy dismissed the plea moved by Ind Vigo Coal […]
LPG price double in 7 years; tax collection on petrol, diesel jumps 459%: Dharmendra Pradhan
Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the increase in taxes on petrol and diesel has swelled collections by over 459 per cent, Oil Minister Dharmendra Pradhan said on Monday. In written replies to a spate of questions on rising fuel prices in […]
JSW Energy inks pact for sale of 18 MW thermal plant to JSW Cement
JSW Energy has inked a business transfer agreement with JSW Cement for the sale of 18 megawatt (MW) thermal power plant at Salboni, in West Bengal for Rs 95.67 crore. Earlier, the board of JSW Energy had approved the sale of 18 MW thermal power plant at Salboni to JSW Cement Ltd on a going […]
Inox Wind signs pact for 92 MW-projects with Integrum Energy Infrastructure
Inox Wind on Tuesday said it has signed a binding agreement with Integrum Energy Infrastructure for 92 mega watt (MW) of wind power projects. In a regulatory filing, Inox Wind has signed a binding agreement with Integrum Energy Infrastructure Pvt Ltd to supply, erect and commission 92 MW of wind power projects comprising 2 MW […]
End of an era: Air India planning to phase out its Boeing 747 jumbo jets
Air India is planning to phase out a key slice of its history — the Boeing 747s — which it has been operating for exactly 50 years now and are synonymous with the Maharaja’s long gone heydays. The airline had got its first jumbo jet in 1971 — a B747-200B named Emperor Ashoka — and […]
Delhi Govt to provide scrapping incentives under Delhi EV Policy: Gadkari
Scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicle, is being provided by the Delhi Government under Delhi Electric Vehicle Policy 2020, Parliament was informed on Monday. The Delhi government notified the Delhi EV Policy 2020 on Aug 7, 2020, with an intention to promote the adoption of clean […]
Cairn a step closer to seizing assets if India doesn’t pay up
Courts in five countries, including the US and the UK have given recognition to an arbitration award that asked India to return $1.4 billion to Cairn Energy plc – a step that now opens the possibility of the British firm seizing Indian assets in those countries if New Delhi does not pay, sources said. Cairn […]
Repeated disruptions as Opposition corners government over fuel price hike
The Lok Sabha and Rajya Sabha saw repeated disruptions by the Opposition over rising fuel prices on Monday. Also read: Tax collection on fuel up 459% While mentioning that he had received notices for adjournment to discuss the issue, Lok Sabha Speaker Om Birla said the matter was important but it could be raised during […]
All-woman crew operates maiden Delhi-Bareilly flight
LUCKNOW/NEW DELHI: The inaugural flight of a domestic airlines marked International Women’s Day in style by deputing all-woman crew to make a touch down at the newly built airport in Bareilly on Monday. The maiden flight, flagged off by Union Aviation Minister Hardeep Singh Puri, manned by Captain Poonam Yadav brought Union Minister and MP […]