Larsen & Toubro on Tuesday said that its Heavy Engineering business vertical has won multiple orders in the domestic and international markets. L&T Heavy Engineering (HE)’s Modification, Revamp and Upgrade (MRU) business segment has bagged a major order from a key oil and gas customer in KSA for their important debottlenecking project. For the last […]
Day: January 23, 2024
Jeh Aerospace sets up manufacturing hub in Hyderabad
Aerospace and defence manufacturing startup Jeh Aerospace on Tuesday inaugurated its manufacturing hub in Hyderabad. The new facility, which can be extended up to 160,000 sq ft, will provide manufacturing solutions to the aerospace and defence industry, the company said in a statement. The setting up of the hub comes close on the heels of […]
Improved marketing margins on retail sales of auto fuels could permit downward revision of fuel prices, says ICRA
The marketing margins on retail sales of auto fuels for the Indian oil marketing companies (OMCs) have improved in the recent weeks with reduction in crude prices, said a report by ICRA, while maintaining its outlook on the refining and marketing sector as stable. Girishkumar Kadam, Senior Vice President and Group Head, Corporate Ratings, ICRA […]
ElectricPe and Greaves Finance Limited team up with to simplify EV ownership in India
Greaves Finance Limited, under its electric vehicle ownership platform evfin and EV solutions provider, ElectricPe have joined forces to enhance the accessibility of electric vehicle (EV) ownership. Greaves Finance Limited is a non-banking financial company (NBFC) and subsidiary of Greaves Cotton Ltd. As part of the collaboration, ElectricPe customers gain access to specialized financing support, […]
Years on, Chadoora villages crave for better roads
Budgam, Jan 21: The roads in various villages of Chadoora tehsil in Budgam have been in dilapidated condition for years now. The residents in these areas said that despite multiple departments looking after the roads, there is no improvement seen on the ground. This newspaper received many complaints from the locals in villages of Surasyar, […]
EV makers pitch for comprehensive, consistent policy to enable transition
Chennai, Jan 21: A comprehensive policy on the components for Electric Vehicles (EV), inclusion of commercial vehicles for incentives, clarity on the Goods and Services Tax (GST) on spare parts and consistency on the policy front, are the expectations of industry players from the forthcoming Interim Budget for transition from petrol/diesel vehicles to EVs. “The […]
AI launches maiden flight with Airbus A350-900 from Mumbai to Chennai
Mumbai, Jan 22: Air India operated its maiden flight with the most advanced and the country’s first Airbus A350-900 with the carriers’ new livery on the Mumbai-Chennai sector, here on Monday, said an official. The flight AI-589 took off with a full-capacity load of passengers who experienced the state-of-the-art technology and comforts of the new […]
Coal import by power plants declines 40.66% in April-Dec as local production rises
New Delhi, Jan 22: The country’s power generation based on domestic coal increased by 7.14 per cent to 872 billion units during April-December of the current financial year, compared to 813.9 billion units generated in the same period of the previous fiscal. This reflects a robust increase in domestic production of coal to meet the […]
Vizag-Bangkok Direct Flights Take Off From April 9
Visakhapatnam: Thai Air Asia is launching a direct flight from Visakhapatnam to Bangkok starting April 9. Operates thrice a week: Tuesdays, Thursdays, and Saturdays Visakhapatnam to Bangkok: Departs 11.30 pm (IST), arrives 4.15 am (Thai time) the following day Bangkok to Visakhapatnam: Departs 10.5 pm (Thai time), arrives 11.20 am (IST) Grab a one-way trip […]
SC stays Himachal Pradesh HC order stalling Gaggal airport expansion in state’s Kangra district
NEW DELHI: The Supreme Court on Monday stayed a January 9 Himachal Pradesh High Court order that stalled the Gaggal airport expansion project in the state’s Kangra district. A bench of Chief Justice DY Chandrachud, Justice JB Pardiwala and Justice Manoj Misra stayed the operation of the high court order. The high court, on January […]
Villagers in Odisha’s Baramundali panchayat stage stir, allege substandard road work
JAGATSINGHPUR: The villagers of Baramundali panchayat of Balikuda block took to the streets on Monday, protesting the substandard construction work on a two-kilometer road from Balipatana Devi river embankment to Dasbatia. Due to the stir, construction work of the road was stopped a day after it had started. The enraged villagers led by Benudhar Behera, […]
Odisha: JSW’s Rs 40K crore EV plan gets cabinet nod
BHUBANESWAR: The cabinet chaired by Chief Minister Naveen Patnaik on Monday approved a special incentive package for the JSW Group’s ambitious electric vehicle (EV) and component manufacturing projects in the state. The Sajjan Jindal-led JSW Group has proposed to set up an EV and battery manufacturing unit at Naraj in Cuttack and another unit for […]