Hero MotoCorp, the country’s largest two-wheeler maker, is eyeing leadership position in the electric two-wheeler segment globally, according to its annual report for 2021-22. The company, which currently leads the traditional two-wheeler segment globally in terms of volumes, is looking to foray into the electric segment in the upcoming festive season. Hero MotoCorp had last […]
Category: Business Standard
Business Standard
Govt releases Natural Resource Accounting to track mineral, energy deposits
The Government Accounting Standards advisory board (GASAB) has come up with a Natural Resource Accounting (NRA) for tracking and maintaining the natural resources of India. GASAB had prepared templates for the asset accounts for mineral and energy resources which were field-tested and reviewed by the experts in the consultative committee. As on date, all 28 […]
J-K’s Kishtwar to become North India’s major power hub: Jitendra Singh
Union Minister of State Dr Jitendra Singh today said that Jammu and Kashmir’s Kishtwar will become North India’s major power hub generating nearly 6,000 MW of electricity after the completion of the ongoing power projects. Addressing a public rally through the virtual mode from Jammu, Singh said, “The surplus power from Kishtwar will not only […]
Torrent Power to seek shareholders approval for raising Rs 2,000 cr
Torrent Power on Friday said it will seek shareholders’ approval for raising up to Rs 2,000 crore through issuance of non-convertible debentures ( NCDs). The company is holding its annual general meeting on August 8. “The company seeks the Members’ approval for issuance of NCDs upto an aggregate amount of Rs 2,000 crore, within overall […]
Tata Power to skill 3,000 youths to work in renewable energy sector
Tata Power on Friday said it will give training to 3,000 youths this fiscal in the field of renewable industry. The company aims to train a total of 5,000 youths by 2025 to work in the sector, Tata Power said in a statement. “Tata Power Skill Development Institute ( TPSDI) has so far trained 1.4 […]
Bengal plans to take renewable energy generation from 5% to 20% by 2030
West Bengal is aiming to take its renewable energy generation to 20 per cent of the total installed capacity by 2030, a senior official said on Friday. At present, the renewable energy share of the total installed capacity is 5 per cent, she said. “We have set the target of generating energy from renewable sources […]
NHPC inks two pacts to develop green hydrogen technology in Leh, Kargil
State-owned hydro power giant NHPC has inked two agreements to develop green hydrogen technologies in Leh and Kargil. “NHPC signed two MoUs for the development of ‘Pilot Green Hydrogen Technologies’ in line with the country’s resolve to reduce the carbon footprint in the Power Sector in Leh and Kargil districts of Union Territory of Ladakh […]
Adani Enterprises hits record high on healthy outlook; rallies 11% in July
Shares of Adani Enterprises (AEL) hit a record high of Rs 2,422.75 after they rose 2 per cent on the BSE in Friday’s intra-day trade, gaining 3 per cent in two days, on healthy outlook. The stock surpassed its previous high of Rs 2,420, touched on April 27, 2022. Thus far in the 11 trading […]
Heathrow restrictions hit Virgin’s India-London flight, more could follow
Virgin Atlantic cancelled its Delhi-London flight on Thursday and other carriers could also pull out India-London flights from their summer schedule following Heathrow airport’s decision to limit the number of passengers to one lakh a day. The limits on passenger numbers imposed by Heathrow airport to cope with a staff crunch are being imposed from […]
Vietjet flights to connect five Indian cities to Vietnam this year
Vietnamese carrier Vietjet on Friday said its flight services will connect five Indian cities to Vietnam by early November this year. At present, Mumbai and Delhi are part of the southeast Asian airline’s international network. Vietjet has been flying into India since December 2019 when it launched services to Delhi from Hanoi and Ho Chi […]
Vadodara-bound IndiGo flight diverted to Jaipur after vibrations in engine
An IndiGo flight from Delhi to Vadodara was diverted to Jaipur on Thursday night as a precautionary measure following vibrations in the engine for a fraction of a second. An alternate aircraft was arranged for the onward journey of the passengers. The IndiGo spokesperson said, “An IndiGo flight 6E-859, operating between Delhi and Vadodara was […]
Mopa airport successfully completes Instrument Land System calibration
The upcoming international airport at Mopa in North Goa has successfully completed calibration of the Instrument Landing System (ILS) for the newly built runway, achieving a significant milestone, the airport developer and operator said on Friday. GMR Goa International Airport Ltd (GGIAL) successfully completed the crucial exercise on Thursday. A senior official from GMR Goa […]