Mumbai: The Bombay High Court rejected Anil Ambani led Reliance Group petition seeking relief against pledged share sale by Edelweiss Financial Services Group. Anil Dhirubhai Ambani Group (ADAG) had moved the Bombay High Court seeking a stay on the sale of pledged shares of its three listed firms — Reliance Power, Reliance Infra and Reliance […]
Category: Deccan Chronicle
Deccan Chronicle
Kochi: Fund-hit RoBs ‘land’ in trouble
Kochi: The delay in releasing requisite funds has stalled the land acquisition proc-ess for construction of railway over bridge (RoB) at Vaduthala, while the failure of Kochi Corporation in handing over the requisite land to Roads and Bridges Corporation Kerala (RBDCK) has kept the RoB project at Atlantis in the backburner.
Deal in bag! Rafales to preen at Aero India 2019
Bengaluru: It’s official. Rafale jets will fly at Aero India 2019 commencing here on February 20. These jets will be flown by pilots of the French Air Force. Dassault Aviation would also display the business jet, Falcon 2000s. The other French aircraft include the Airbus A330-900, Airbus C295 and Airbus H135 along with H145 helicopters. […]
Dakota flies into Bengaluru city with a planeload of memories
Bengaluru: With Aero India approaching fast, adrenaline levels are rising in the city. A Dakota aircraft, rechristened Parashurama, after the Hindu saint, flew into the city last weekend and has been kept at Hindustan Aeronautics Ltd to remind the Aviation City of its glorious past.
Khajaguda Model road delayed due to land issues
Hyderabad: Work related to the Khajaguda Model Road is going on at a snail’s pace with no sign of footpaths or streetlights coming up.
Vikram Solar bags 1 MW Floating Solar Project
Vikram Solar, one of India’s leading module manufacturer and a prominent rooftop solar & EPC solutions provider has bagged the project order for a 1 MW Floating solar plant for Hindustan Zinc Limited. The plant will be located at Ghosunda Dam, Near Chittorgarh, Rajasthan. This would be Vikram Solar’s 2nd floating solar project after the […]
Oil prices rise on OPEC output cuts, as US sanctions bite
Singapore: Oil prices rose on Tuesday amid OPEC-led supply cuts and US sanctions against Iran and Venezuela, although analysts expect surging US production and concerns over economic growth to keep markets in check.
HAL reports revenue of Rs 4,425 crore in Q3 2018-19, but net profit slips
Mumbai: Hindustan Aeronautics Limited has reported revenue from operations increased to Rs 4,425.26 crore during the October to December quarter of current financial year 2018-19 compared to Rs 4,278.24 crore in the same period of last fiscal.
Coal India Q3 net profit jumps 50 per cent to 4,566 cr on higher income
New Delhi: State-owned Coal India on Tuesday said its consolidated net profit rose 50 per cent to Rs 4,566.81 crore during the third quarter ended December 31, on higher income.
Air India pilots’ union says ‘will go to any extent’ if victimised
New Delhi: After telling Air India on February 10 that they would not be following any changes in the duty roster system because of non-payment of flying allowance, the pilots’ union of the national carrier decided on Tuesday that “if any pilot is victimised” by the management, it would go to any extent, including resorting […]
Bad service spoils fun of low-cost air travel
Hyderabad: Low-cost airlines have made travel cheaper but there are many complaints against them. The largest number of complaints lodged with the Director General of Civil Aviation (DGCA) is against Indigo Airlines followed by Spicejet.
Budget for VVIP travel increased
Hyderabad: Around Rs 320 crore of tax money was allocated to pay the staff and to maintain facilities for VVIP special flights. The Centre has increased its budget for VVIP air travel.