Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis that has engulfed the airline. The company will split A$20 million between more than 86,000 customers who booked tickets on the […]
Month: May 2024
Global biofuel alliance sets up three-pronged work plan, says govt
While it remains without a charter, or a permanent secretariat, the Global Biofuel Alliance (GBA) has adopted a work plan focused on assessing country landscapes, drafting policy frameworks, and conducting biofuel workshops, petroleum and natural gas ministry officials said. These were adopted as immediate goals at a key meeting of the body held on the […]
NCRTC’s 1st electric vehicle charging station operational at Sahibabad RRTS
The National Capital Region Transport Corporation’s (NCRTC) first Electric Vehicle (EV) Charging Station at Sahibabad RRTS station in Ghaziabad has been made operational, a statement said on Sunday. Situated at gate number 1 of the Sahibabad Regional Rapid Transit System (RRTS) station, the newly operational EV charging station boasts a comprehensive array of charging units […]
REC receives RBI approval to set up subsidiary in Gujarat’s GIFT City
State-owned REC Ltd on Sunday said it has received RBI’s approval to set up a subsidiary in GIFT City, Gujarat. The proposed subsidiary will engage in a range of financial activities as a finance company within GIFT, including lending, investment, and other financial services, a company statement said. According to the statement, REC Ltd, under […]
Foreign firms to continue visa services at Colombo airport: Sri Lanka
Sri Lanka’s immigration authorities on Sunday said the foreign companies facilitating visa services for travellers at the Bandaranaike International Airport here will maintain their operations. The clarification came after the airport witnessed protests by tourists against the foreign companies for their poor visa service on Wednesday. Subsequently, the immigration department took control of the visa-on-arrival […]
Met coal imports from Russia up nearly three-fold in last 3 financial years
Imports of metallurgical coal from Russia have spurted around three-fold in the last three years to around 15.1 million tonnes in 2023-24 mainly due to lower prices while the same from Australia have declined, according to a research firm. Russia’s share in India’s metallurgical coal imports of 73.2 million tonnes (MT) has risen to around […]
Thermal power plants have 68% of normative coal stocks, shows data
As many as 184 thermal power plants with a total generation capacity of 211 GW have 68 per cent of normative coal stock levels amid rising electricity demand due to soaring temperatures in the country. According to the Central Electricity Authority’s (CEA) May 3 daily report, 184 plants, that are monitored by the CEA, have […]
Indian EV startup extends offer to Tesla interns spurned by Elon Musk
Bengaluru-based electric vehicle startup Pravaig Dynamics has made offers to Tesla interns, who saw their offers getting revoked weeks before their start date, inviting them to join the Silicon Valley of India that will recognize and appreciate their talents. Tech billionaire Elon Musk’s latest cost-cutting victims are summer interns with his flagship Tesla Inc, rescinding […]
Ola’s AI to outdo global players in energy-efficient data centres: Founder
Ola’s AI platform Krutrim will compete with global technology majors in building energy-efficient data centres and offer cloud services at the lowest price for the development of artificial intelligence, its founder Bhvish Aggarwal said. While speaking at an event, Aggarwal announced an AI cloud platform – Krutrim Cloud – to enterprises, researchers, and developers at […]
Tata Power Renewable signs pact with SJVN for 460 MW clean energy project
Tata Power Renewable Energy Ltd (TPREL) on Saturday said it has signed an agreement with state-owned SJVN Ltd to set up a 460 MW Firm and Dispatchable Renewable Energy (FDRE) project. An FDRE plant enables round-the-clock power supply, assisting power distribution companies (discoms) in fulfilling their Renewable Purchase Obligations (RPOs) and Energy Storage Obligations (ESOs). […]
Kerala saved 200 MW power on May 3 due to self control: State govt
In the wake of the Kerala government coming out with certain proposals to control power consumption during peak hours, the southern state saved around 200 megawatts of electricity on May 3. The achievement was highlighted by state Electricity Minister K Krishnankutty who on Saturday said the power saving was thanks to the cooperation of the […]
Plane-less Go First’s situation ‘painful’; hopes for tailwind remain muted
Last May, it all started with flight suspension for just three days and “an unfortunate decision” of voluntary insolvency resolution option taken to protect the airline’s interests. A year down the lane, the now plane-less Go First’s fate remains uncertain and come June, there are revival expectations, though muted, when the extended deadline for the […]