Pakistan on Thursday said it will send a delegation to India next month to discuss and finalise the draft agreement for setting up a corridor to facilitate the visit of Sikh pilgrims to the Gurdwara Kartarpur Sahib Gurudwara.
Category: Business Standard
Business Standard
Good Q3 result powers Indraprastha Gas
Indraprastha Gas rose 2.19% to Rs 305 at 10:01 IST on BSE after the company reported 19.33% rise in net profit to Rs 197.99 crore on 28.82% rise in total income to Rs 1548.74 crore in Q3 December 2018 over Q3 December 2017.
Jet introduces staggered penalty framework for domestic network
Private airline Jet Airways on Wednesday introduced a staggered framework to reward its domestic guests with substantially lower penalties in exchange for advanced intimation for changes in their bookings including cancellations, changes.
Oil rises one percent on signs of tightening global oil supply
NEW YORK (Reuters) – Oil prices rose about 1 percent on Wednesday, boosted by signs of strong U.S. demand for distillate products and tightening global crude supply, but gains were capped by a rising U.S. dollar and ongoing concerns about a global economic slowdown.
Oil falls as U.S. maintains record output, inventories climb
SINGAPORE (Reuters) – Oil prices fell on Thursday after U.S. crude inventories rose and as production levels in the country held at record levels, but OPEC-led supply cuts and Washington’s sanctions against Venezuela supported markets.
European airport passenger number hits 2.34 bn: ACI
The number of people using European airports set a record last year but growth slowed compared with 2017, the Airports Council International Europe (ACI) said Wednesday.
Qantas cancels order for eight Airbus A380s amid doubts on jet’s future
Australia’s Qantas Airways Ltd said on Thursday it formally cancelled a longstanding order for eight Airbus SE A380 superjumbo jets.
GoAir plane returns to Ahmedabad after mid-air engine snag: Report
A GoAir aircraft flying to Kolkata Wednesday experienced problems with Pratt & Whitney engine and returned to Ahmedabad, according to a source.
Govt to set up 12,000 MW solar power projects with Rs 8,580-crore funding
The government on Wednesday gave its nod to a proposal for setting up 12,000 MW grid-connected solar photovoltaic (PV) power projects with an estimated viability gap funding of Rs 8,580 crore.
Adani Power Q3 net loss narrows to Rs 1,180.78 cr on healthy income growth
Adani Power’s consolidated net loss narrowed to Rs 1,180.78 crore for the quarter ended on December 31, 2018, from Rs 1,313.74 crore in the year-ago quarter, helped by a healthy growth in income, according to a company statement.
Coal India’s supply to power sector rises 7.3% to 407 MT till February 4
The government on Wednesday said coal supply by state-owned CIL to the power sector increased 7.3 per cent to 407 million tonne (MT) in the current fiscal till February 4.
Essar Oil to acquire pipeline, oil terminal from BP for up to $100 million
Essar Oil UK said in an announcement on Wednesday that it has signed an agreement to acquire a few assets owned by energy major BP. The deal includes a stake in the UKOP pipeline, a contractual joint venture and ownership of an oil terminal.