MUMBAI: In a bid to diversify its customer base, Aurangabad-based Dhoot Transmission, the second-largest Indian wiring harness maker for two wheelers, has acquired San Electromec, wire harness and control panel player that specializes in railways, defence, construction and specialty vehicle segment, for an undisclosed sum This is Dhoot’s fourth acquisition after it bought Parkinson Harness […]
Category: The Economic Times
Economictimes
Thermal power projects with investments worth Rs 2.5 lakh cr facing stress: Report
NEW DELHI: Investments worth over Rs 2.50 lakh crore in thermal power projects (based on domestic coal, imported coal and gas) are facing stress, and immediate remedial measures are needed to ensure that they are revived in a time-bound manner, as per a report.
Adani Transmission completes acquisition of KEC International’s project for Rs 228 crore
NEW DELHI : Adani Transmission Ltd said it has completed Rs 228 crore acquisition of operational transmission lines of KEC InternationalNSE -1.73 % Limited.
India unlikely to achieve 100 GW solar power target of 2022
India is unlikely to achieve its target of 100 gigawatt (GW) solar electricity capacity as it faces short-term uncertainty due to imposition of various taxes, research and consultancy firm Wood Mackenzie said. India’s installed grid-connected power generation capacity increased 4 per cent from January to October 2018 to reach 347 GW.
AI Express passengers suffer nasal bleeding due to pressurisation problem
NEW DELHI: Four passengers suffered nose bleeding on an Air India Express flight from Muscat to Calicut Sunday due to pressurisation problem, according to the airline.
Airfares rise, black ticket sales surge in Srinagar
Hundreds of air passengers remained stranded in Srinagar on Sunday as its airport was handicapped by outdated operational systems after the city was ravaged by heavy snowfall.
IndiGo cancels flights due to pilot shortage
Budget carrier IndigoNSE -2.18 % has cancelled more than 50 flights from various airports across the country in the past two days owing to a shortage of pilots, especially captains. Flight cancellations are set to continue on Monday, when the airline is likely to cancel about 30 flights, said people aware of the matter. Indigo, […]
Air passengers still stranded at snow ravaged Srinagar
Hundreds of air passengers remained stranded in Srinagar on Sunday as its airport was handicapped by outdated operational systems after the city was ravaged by heavy snowfall.
Jet Airways revises cancellation charges for domestic flights
NEW DELHI: Jet AirwaysNSE -3.52 % has revised its change and cancellation fees for its flights within India, based on the number of days prior to the travel date that the change or cancellation is made.
Jet withdraws flight service to Guwahati & Delhi from Aizawl
AIZAWL: After the withdrawal of flights to Guwahati and Delhi from here by Jet AirwaysNSE -3.52 %, Mizoram now has direct air link with Kolkata only, officials said Sunday.
Shortage of captains at IndiGo leads to 50 flight cancellations since Saturday
Shortage of captains has hit the operations of IndiGoNSE -2.18 %, which has cancelled over 50 flights from various airports across the country over the past two days.
Vijay Mallya, UBL kept Rs 7,500 crore safely away while Kingfisher was unravelling
NEW DELHI: Promoters of KingfisherNSE -11.11 % Airlines Ltd (KAL), including embattled liquor baron Vijay Mallya and United Breweries Holdings Ltd (UBHL), were in possession of substantial quantities of movable assets in the form of shares of various public limited companies but showed no intention to clear dues of banks with these instruments, the Enforcement […]