Editorial- August 2023 The lenders who decided to hand over 600 MW Power Plant of Vidharbha Industries Power Ltd (VIPL) to a tainted Asset Reconstruction Company (ARC), have much to answer for. CFM Asset Reconstruction Pvt Ltd – the acquirer of Rs 2,500 crore debt for Rs 1,265 crore – was allowed to take away the asset for […]
Free electric vehicle charging in Karnataka at over 400 Static points Statiq, an electric vehicle charging network with over 400 operational EV charging points in Karnataka, has rolled out a free charging campaign in the region. The company says that as many users primarily rely on home charging and are hesitant to explore public charging options for long-distance travel, it seeks to encourage users to give […]
NALCO posts record cast metal production at 4.63 lakh metric tonne in FY24 State-owned NALCO has made a record production of cast metal at 4,63,428 metric tonne during the financial year 2023-24. The company has also made its highest-ever metal sales of 4,70,108 metric tonne during the fiscal ended March 31, it said in a statement on Tuesday. The excavation of bauxite reached a record high of 7,600,230 […]
Vedanta Resources eyes various fundraise options for Zambia copper mine Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a […]
Air India Express to offer cheaper tickets to first-time voters Air India Express on Thursday announced that it is offering 19 per cent off on domestic and international flight tickets, exclusively for first-time voters (between the ages of 18-22), carrying a valid voter ID, flying to and from airports close to their home constituencies. This has been launched under the #VoteAsYouAre campaign “designed to mobilise […]
IRB Infra Trust SPVs make payment of Rs 6,111 cr to NHAI for TOT projects IRB Infrastructure Trust, an associate of IRB Infrastructure Ltd, on Monday said its special purpose vehicles have made an upfront payment of Rs 6,111 crore to National Highways Authority of India (NHAI) for toll operate transfer projects. The SPVs made an upfront payment of the concession fee of Rs 6,111 crore to the NHAI (TOT12 […]
Suburban rail connection to airport may now be from Doddajala station The Rail Infrastructure Development Company (Karnataka) Limited (K-Ride), which is implementing the Bengaluru suburban rail project (BSRP), is likely to consider a rail route to Kempegowda International Airport (KIA) from Doddajala instead of Trumpet Interchange on Ballari Road. Earlier, K-Ride had planned to build a 5.6-km airport link from Trumpet Interchange station, along the Majestic-Devanahalli […]
Delhi HC allows lessors’ plea seeking deregistration of all 54 Go First aircraft, restrains carrier from flying them
Noida International Airport completes vital DME and DVOR air calibration, sets stage for aviation growth
India’s longest arch bridge takes shape! Steel girders for arch bridge linking Coastal Road to Bandra Worli Sea Link to be launched at night
Roadways push! Cube Highways Trust to acquire seven highway assets across Andhra Pradesh, Maharashtra, Telangana, and Tamil Nadu
Mumbai-Ahmedabad Bullet Train Project: Completion date of entire project depends on award of all tenders, says Indian Railways in RTI reply
Big leap for aviation industry! Honeywell Technology revolutionises sustainable aviation fuel production, reducing costs and waste
Aviation travel trends: Most travelers opt for midday departures; Rishikesh and Amritsar draws Delhiites, Mumbaikars choose Goa
Indian air carriers witness 478 snags due to malfunctioning engineering parts in last 12 months: Civil Aviation Ministry
Pune Infra Watch: To make Pune first EV ready city in India, PMC to announce new policy decisions from July 1
DGS proposes 70 pc Safeguard Duty Magazine News February 21, 2018 admin The Directorate General of Safeguards (DGS) has proposed 70 per cent safeguard duty on solar cells and modules imported from China and Malaysia, citing concerns of the domestic industry being damaged on account of increasing solar imports. Sharing Facebook Twitter LinkedIn Email Print