Shares of Alpex Solar were locked in the 5 per cent upper circuit at Rs 362.70 on the National Stock Exchange (NSE) on Friday a day after BofA Securities bought over 200,000 shares of the company via open market on its listing. With today’s gain, the stock price of Alpex Solar has zoomed 215 per […]
Day: February 17, 2024
Tata Power gets LoI to develop Jalpura Khurja power transmission project
Tata Power on Friday said it has received a letter of intent from REC Power Development and Consultancy to develop the Jalpura Khurja Power Transmission project at an estimated cost of Rs 838 crore. In an exchange filing, Tata Power said, “It has received a letter of intent (LoI) from REC Power Development and Consultancy […]
Govt is mulling listing of PSEs’ green energy arms, says Dipam secretary
The Central Government is mulling the listing of subsidiaries of certain public energy companies, said Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (Dipam) on Friday. “There is a lot of opportunity for subsidiary units of some of our important companies to come to the market. A swift transition is taking place […]
PM Modi unveils development projects worth Rs 17,000 crore in Rajasthan
Prime Minister Narendra Modi unveiled and laid the foundation stone of multiple development projects worth over Rs 17,000 crore via video conferencing in Rajasthan on Friday, ahead of the Lok Sabha elections 2024. The announcement came as a part of the ‘Viksit Bharat Viksit Rajasthan’ programme and encompassed crucial sectors, including roads, railways, solar energy, […]
PM Modi lays foundation for NLC India’s solar power plant in Rajasthan
Prime Minister Narendra Modi on Friday laid the foundation stone for NLC India Ltd’s 300-mw solar power project in Barsingsar, Rajasthan. The prime minister also laid the found stone of other solar projects in the state. Addressing the event through videoconferencing, Modi said that the country has started moving at a fast pace in generating […]
Akasa Air to operate first international flight to Doha on March 28
Akasa Air announced on Friday that it will operate its first international flight between Mumbai and Doha from March 28. This makes the budget carrier the first Indian airline to take to global skies within 19 months of commencing its operations. The carrier operated its first flight on the Mumbai-Ahmedabad route on August 7, 2022. […]
SpiceJet promoter Ajay Singh and Busy Bee Airways jointly bid for Go First
SpiceJet promoter Ajay Singh and Busy Bee Airways Private Ltd (BBAPL) have jointly submitted a bid for insolvent airline Go First, which ceased to fly in May last year.Moreover, Sharjah-based aviation services company Sky One announced submitting a bid for the airline. BBAPL, an East Delhi-based company, has Paul Gomes and Pran Sathiadasan as 50-50 […]
SpiceJet promoter Ajay Singh, Busy Bee Airways bid for bankrupt Go First
In a bid to acquire the bankrupt airline Go First, SpiceJet promoter Ajay Singh, alongside Busy Bee Airways Private Limited, has submitted a bid in his personal capacity, according to a report by ANI. SpiceJet announced that it would act as the operating partner for the new airline, providing staff and services. Expressing interest in […]
DGCA issues notice to A-I over incident involving 80-year-old passenger
Aviation regulator DGCA on Friday issued a show cause notice to Air India regarding the incident of an 80-year-old passenger who collapsed and later died after walking from a plane to the terminal at the Mumbai airport as he did not get a wheelchair. The Directorate General of Civil Aviation (DGCA) had sought a report […]
SKM bandh call: Farmers, labourers block Shimla-Kinnaur road in HP
Demanding an adequate compensation for the land acquired for hydro power projects and employment for youths, farmers and labourers of 16 affected panchayats here on Friday blocked the Shimla-Kinnaur road for about two-and-a-half hours. Protestors took out a rally in Nirath Bazaar and later blocked the road, about 110 km from the state capital Shimla. […]
NHAI removes Paytm Payments Bank from FASTag authorised service list
The National Highway Authority of India (NHAI) has taken Paytm Payments Bank Ltd (PPBL) off its list of authorised banks for FASTag service due to regulatory issues. The NHAI lists 32 payment banks, scheduled commercial and small finance banks, that are authorised for FASTag services, which the Indian Highways Management Company Ltd. manages This includes […]