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 […]
Power consumption rises 11 pc to 144.25 billion units in April India’s power consumption rose around 11 per cent to 144.25 billion units (BU) in April as compared to the year-ago period, mainly due increase in temperatures. In April 2023, the power consumption stood at 130.08 BU, a government data showed. The highest supply in a day (peak power demand) also rose to 224.18 GW in […]
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 […]
Petrol sales up 12.3 pc; diesel slides 2.3 pc in Apr India’s petrol consumption soared 12.3 per cent in April, but diesel sales continued to slide despite the country entering into hectic electioneering for general elections, preliminary data of state-owned firms showed on Wednesday. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, rose to 2.97 million tonnes in April […]
IndiGo gets tax demand related to input tax credit IndiGo has received a tax demand following the rejection of an input tax credit that was availed by the company in 2018-19. In a regulatory filing on Wednesday, the company said it has received a “demand of Rs 31,240, including tax of Rs 21,240 and penalty of Rs 10,000 for the FY 2018-19”. The demand […]
To add 6000-km of high speed highways to the network: Road Secy The Union government has executed highway projects worth 4000 km so far and plans to add another 6000 km to this network in the coming years, a top official at the Ministry of Road Transport and Highways said. According to road secretary Anurag Jain, “We would like to call them high speed corridors for seamless […]
SAIL-RITES JV bags Rs 818 crore wagon order from Indian Railways The Indian Railways has awarded a Rs 817.74 crore wagon manufacturing contract to a joint venture of SAIL and RITES. These Bogie Open Wagons (BOXNHL) are aimed at transporting coal and iron ore. According to officials aware of the move, the tender for 2000 such wagons was awarded in the last week of April to […]
Pay Rs 50 cr to engine lessors or face grounding: Delhi High Court’s ‘one last opportunity’ to SpiceJet
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Puri railway station to be decorated with wheels of Rath Yatra chariots under Amrit Bharat Station scheme
Northern Railway announces temporary changes in train schedule, Delhi-Ambala train services affected – Here’s why
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Northern Railway announces temporary changes in train services due to doubling work; cancels 12 trains, diverts others – Check complete list
Ministry of Railways shares captivating clip of Vande Bharat Express train gliding through serene landscape in Kerala’s Thrissur – Take a look
Exide Industries Q4 profit jumps 37% on recovery in OEM demand, replacement market and EV battery initiatives
Indian Oil Corporation Q4 results: Net profit down 52% on year; declares dividend of Rs 7/share; Here are all other details
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
Labour Ministry decides to allow women to work in underground coal mines Coal, Live Mint, Newspapers January 30, 2019 Neha Kumari The Labour Ministry has decided to amend rules for allowing women to work in underground coal mines during day time and in open cast mines round the clock, for the first time, in a bid to bring gender equity and generate job opportunities. Sharing Facebook Twitter LinkedIn Email Print