ABB Power Products and Systems India Ltd on Monday said that its shareholders have approved the proposal to change the company’s name to Hitachi Energy India Limited. The company had issued a postal ballot notice on September 2, 2021, seeking consent of the members by way of special resolution with regard to change of name […]
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Gulf carriers have done an exceptional job in serving Indian market: IATA DG
Gulf carriers such as Qatar Airways and Emirates have done an “exceptional job” in serving the Indian market, and passengers have benefited from their presence, according to Willie Walsh, Director General of the global airlines body IATA. On October 9, 2020, then Civil Aviation Minister Hardeep Singh Puri had said that the time had come […]
Extraction of natural gas and oil not mining activity, experts call this move of NBWL regressive
NEW DELHI: In a move that may have wider implications, the national board for wildlife (NBWL) — an apex body that takes calls on conservation issues — has decided not to treat extraction of natural gas or oil as a mining activity under existing law on mines & minerals regulation in green areas. Taking a […]
Centre denies power crisis but CMs call emergency meets
NEW DELHI: Alarmed by a looming power crisis, chief ministers of UP and Kerala held emergency meetings even as concerns were raised over industry suffering losses in Punjab due to unscheduled power cuts for 4-5 hours every day. Contrary to Union power minister Raj Kumar Singh’s claim that there was no power crisis in the […]
Punjab should prepare for looming power crisis, prevent it: Navjot Singh Sidhu
CHANDIGARH: Punjab Pradesh Congress chief Navjot Singh Sidhu on Sunday said that Punjab should prepare for the looming power crisis due to shortage of coal in power plants and prevent it. He also demanded that private thermal plants flouting guidelines by not keeping coal stock for the stipulated time should be penalised. “Punjab must prevent […]
Modi Govt issues Letter of Intent to Tatas for sale of Air India
The government on Monday issued a letter of intent (LoI) confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group for Rs 18,000 crore, a senior official said. Last week, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of salt-to-software conglomerate, […]
Coal Crisis Worsening? Thermal plants with less than 4-day stock rise to 70 from 64 in a week
Coal shortage crisis at thermal power projects does not seem to abate very soon as the number of non-pit head plants with less than four days of dry fuel stock (supercritical stock) has increased to 70 this Sunday compared to 64 a week ago on October 3, as per government data. According to the latest […]
Nitish Kumar admits to power crisis, says Bihar spending extra money to purchase electricity
PATNA: Bihar chief minister Nitish Kumar on Monday contradicted Union power minister Raj Kumar Singh’s claim of no power crisis in the country due to coal shortage. Nitish Kumar said the state was not getting the electricity provisioned from the NTPC and there was a problem in supply of required quantity of electricity to the […]
Drones start medicine delivery in Manipur
After supplying COVID-19 vaccines with the help of drones, Manipur is now started delivering medicines with unmanned aerial vehicles (UAV). The delivery of medicines with the help of drones was conducted on October 9 at Churachandpur in Manipur. The drone flew between Health and Wellness centre at Churachandpur to District Hospital in Bishnupur and then […]
Tata Sons board meet today, Air India plans on agenda
Tata Sons will hold its board meeting on Tuesday, which coincides with the group winning the bid for State-run carrier Air India.
For speedy land compensation, NHAI to switch to new system
NEW DELHI: In its bid to fast track disbursement of compensation for land acquisition to property owners, the National Highways Authority of India (NHAI) will now shift to a new system where the amount will be transferred directly to the beneficiaries’ accounts through the Public Finance Management System (PFMS). This will also avoid the blocking […]
Oil falls after blistering run amid global energy crisis
TOKYO: Oil prices fell for the first time in four days on Tuesday, taking a breather, analysts said, after weeks of gains fuelled by a rebound in global demand that is contributing to energy shortages in economies from Europe to Asia. Brent crude was down 26 cents, or 0.3%, at $83.39 a barrel at 0211 […]