Manufacturers of electric vehicles (EVs) have been lukewarm to the ad hoc subsidy scheme announced by the Centre for them. Sector majors have not been enthused by the lower level of incentives in the scheme, which has replaced the flagship Faster Adoption and Manufacturing of Electric (and Hybrid) Vehicles-II. Moreover, increased stringency in claiming subsidies […]
Day: March 16, 2024
Electric vehicle operator BluSmart touches milestone of 7,000 EV fleet
BluSmart, India’s born-electric eMobility ride-hailing service and EV charging infrastructure network, announced reaching a milestone of 7,000 electric vehicles (EVs) in its fleet. This achievement places BluSmart as the operator of Southeast Asia’s largest fleet, which features models such as the Tata Tigor EV, MG ZS EV, and BYD E6. Presently, BluSmart operates in Delhi […]
Plane carrying UK minister gets its GPS jammed as it flew near Russia
A plane carrying British Defense Secretary Grant Shapps had its satellite signal jammed as it flew near Russian territory, the government said on Thursday. The government said the Royal Air Force jet carrying Shapps, officials and journalists temporarily experienced GPS jamming when they flew close to Kaliningrad on a flight from Poland to the UK. […]
CM Mohan Yadav inaugurates 2 air services to promote tourism in MP
Madhya Pradesh Chief Minister Mohan Yadav on Thursday launched PM Shri Tourism Air Service and PM Shri Religious Tourism Heli Service with the aim of expanding religious tourism in the state. Launching this service at a function in the capital city Bhopal, Yadav said: “Our effort is to build airstrips in all the districts of […]
Maha govt new owner of iconic Air India building, pays Rs 1,601 cr
The Maharashtra government has become the owner of iconic Air India building with the Union government approving transfer of the asset on Thursday. The Maharashtra government bought the Air India building at Nariman Point in Mumbai for Rs 1,601 crore. “GoI has approved transfer of Air India building, Mumbai of AI Assets Holding Company Ltd […]
SpiceJet finalises lease agreement for 10 aircraft to boost capacity
Budget carrier SpiceJet on Thursday said it is planning to lease 10 aircraft to expand its fleet ahead of the busy summer season. In aviation, the summer schedule begins on the last Sunday in March and ends on the last Sunday in October. As on February 27, SpiceJet had a total of 33 operational aircraft […]
SpiceJet soars 8% on securing 10 aircraft ahead of summer schedule
Shares of low-cost airline SpiceJet soared 8 per cent to Rs 54.5 apiece on the BSE in Thursday’s intraday trade after it secured lease for 10 aircraft. At 11:25 AM, the stock was quoting 6 per cent higher at Rs 54.4 per share as against 0.25 per cenr rise in the benchmark S&P BSE Sensex. […]
SpiceJet adds 10 aircraft to fleet ahead of busy summer schedule
SpiceJet has finalised lease agreements for ten aircraft to bolster its capacity ahead of the upcoming summer schedule. This move is to ensure seamless connectivity and improved services provided to travellers during this peak travel season, the company said in an exchange filing on Thursday. Earlier, the airline had also announced a new direct route […]
National highways construction up, but govt may miss award target
With a month from the close of the financial year, construction of national highways (NH) in the country in FY24 has been nearly 13 per cent higher than the last financial year at 9,088 kilometres (km), data by the ministry of road transport and highways shows. However, the government is likely to miss its target […]