BHUBANESWAR: The Railway Board has approved a new Vande Bharat Express between Puri and Visakhapatnam. Prime Minister Narendra Modi will flag off the train virtually from Vizag on March 12. It will be the third Vande Bharat to link the pilgrim city of Puri with other parts of Odisha and neighbouring states. Puri-Howrah and Puri-Rourkela […]
Day: March 11, 2024
Bengaluru Railway Division to build Rs 270-cr new depot at Thanisandra to maintain VB sleeper coaches
BENGALURU: The Bengaluru Railway Division will build a Rs 270-crore new depot-cum-workshop near the Thanisandra railway station to maintain sleeper coaches of Vande Bharat, announced Additional Divisional Railway Manager, Bengaluru Railway Division, Parikshit Mohanpuria. These coaches were inspected by Railway Minister Ashwini Vaishnaw at a Bharat Earth Movers Limited facility on Saturday. Briefing newspersons at […]
Lack of coal infra delays new TN power plant ops
CHENNAI: The North Chennai Super Critical Thermal Power Station (NCTPS stage III), inaugurated last Thursday, is unlikely to commence its commercial operation within the stipulated timeline due to a variety of constraints. Tangedco output reports indicate that, despite its 800 MW capacity, the state-owned plant has not generated more than 130 MW since the launch, […]
Althara-Thycaud road to be made motorable soon in Thiruvananthapuram
THIRUVANANTHAPURAM: The authorities on Saturday launched a major two-day work on the Althara-Thycaud stretch to make the road motorable by the end of this month. As part of the redevelopment work, the road from Bakery Jn to Vazhuthacaud Jn will be closed to traffic on Saturday and Sunday. The nearly 3km-long stretch has been in […]
Parandur airport: TIDCO seeks to pull out ToR application for ‘corrections’
CHENNAI: Within a fortnight after submitting an application before the Union environment ministry for Terms of Reference (ToR) to prepare Environmental Impact Assessment (EIA) for the development of Chennai greenfield airport at Parandur, Tamil Nadu Industrial Development Corporation Limited (TIDCO) has filed a request for withdrawal of the application. The current proposal status in the […]
DOJ opens criminal investigation into the Alaska Airlines 737 plane blowout, report says
SEATTLE: The Department of Justice has launched a criminal investigation into the Boeing jetliner blowout that left a gaping hole on an Alaska Airlines plane this January, the Wall Street Journal reported on Saturday. Citing documents and people familiar with the matter, the newspaper said investigators have contacted some passengers and crew — including pilots […]
PM Modi inaugurates, lays foundation of development projects worth over Rs 34,000 cr in UP
Azamgarh (UP): Prime Minister Narendra Modi on Sunday inaugurated and laid the foundation stones of several development projects worth more than Rs 34,700 crore across the state. The PM was accompanied by Uttar Pradesh Chief Minister Yogi Adityanath and other BJP leaders as he visited the Manduri area of the district. Modi inaugurated Azamgarh, Shravasti, […]
Dwarka Expressway: Delhi to Dwarka in just 30 minutes. Here’s why India’s first elevated highway is special
Dwarka Expressway: PM Modi will throw open a section of the Haryana part of Dwarka Expressway on March 11. This part of the expressway stretches from Dwarka (Delhi) to Kherki Daula Toll Plaza (Gurgaon, Haryana). This section of the Dwarka expressway will make travel easier and faster between Haryana and Delhi’s IGI Airport. The travel […]
Oil prices fall on China demand worries
Oil prices extended last week’s losses on Monday on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia limited the decline. Brent futures fell 48 cents, or 0.6%, to $81.60 a barrel at 0129 GMT, while U.S. West Texas Intermediate (WTI) dropped 50 cents, or 0.6%, to $77.51.
Saudi Aramco boosts dividend payout to $31 billion despite 25% fall in full-year profit
Saudi Arabia’s state-owned oil giant Aramco said on Sunday it boosted its dividends last year despite net profit falling to $121.3 billion (down 25% YoY) from a record $161.1 billion in 2022 on lower oil prices. The profit was still the company’s second-highest on record, it said. Aramco boosted total dividends for the year by […]
AG&P Pratham, Think Gas set for $1.1-billion merger
Mumbai:Global infrastructure investor I-Squared Capital-backed city gas distribution companies in India — AG&P Pratham and Think Gas Distribution — are set to merge, according to two industry executives aware of the development. The combined entity will be valued at over $1.1 billion, acquiring the heft that will help it compete with rivals. It will be […]