Cyclonic storm ‘Tauktae’, which hit the Gujarat coast in Saurashtra region between Diu and Una on Monday night after passing close to the Konkan coast in Maharashtra, disrupted the power supply of 18.43 lakh consumers in Ratnagiri and Sindhudurg districts, an official release said on Tuesday. Supply of 52 per cent of these consumers from […]
Day: May 19, 2021
Adani Green surges 10% in 2 days on report it may acquire SB Energy
Shares of Adani Green Energy were locked in the 5 per cent upper circuit band for the second straight day, at Rs 1,199.65 on the BSE on Tuesday, after a Bloomberg report suggested that the Adani Group Company is in advanced talks to acquire privately-held SB Energy Holdings Ltd. Trading volumes on the counter nearly […]
Data centre sector requires $3.7 bn to develop 6 mn sq ft space: JLL
An investment of USD 3.7 billion (about Rs 27,000 crore) will be required over the next three years to develop six million sq ft space for the data centre sector, according to a report by JLL India. The Indian data centre industry is expected to add 560 MW capacity during the 2021-23 period, the property […]
BYPL sets up power infrastructure for two 500-bed ICU facilities in Delhi
Power discom BYPL has set up extensive infrastructure within a week to provide uninterrupted electricity to two 500-bed ICU facilities created by the Delhi government amid a devastating second wave of the COVID-19 pandemic, a spokesperson said on Tuesday. The two facilities were built on empty grounds near GTB and Lok Nayak hospitals within a […]
Stop flights from Singapore over new virus strain: Kejriwal requests Centre
Delhi Chief Minister Arvind Kejriwal on Tuesday appealed to the Central government to immediately cancel all air services with Singapore, saying a new strain of coronavirus there is said to be “very dangerous” for children. This new strain of virus could invade India in the form of a third wave, he said in a tweet. […]
Domestic air traffic fell 27% in April as second Covid wave hurts demand
Domestic air traffic fell 27 per cent in April on a sequential basis as the second wave of Covid-19 hurt travel demand. Airlines flew 5.7 million passengers in April compared to 7.8 million passengers in March. The introduction of mandatory RT-PCR tests and lockdown like curbs introduced by various states including Maharashtra and Delhi dampened […]
Vijay Mallya loses bankruptcy petition amendment High Court battle in UK
A consortium of Indian banks led by the State Bank of India (SBI) on Tuesday moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya’s now-defunct Kingfisher Airlines after the High Court in London upheld an application to amend their bankruptcy petition, in favour of waiving their security […]
New highways to have advanced traffic mgt system: NHAI member
To improve road safety, all new national highways will have an Advanced Traffic Management System (ATMS), a member of National Highway Authority of India said on Tuesday. Addressing a virtual event organised by International Road Federation (IRF), NHAI Member, Projects, R K Pandey said corrective measures have been taken to remove black spots on national […]