State-owned fuel marketing companies are likely to revert to daily revision in prices of petrol and diesel only when international oil prices stabilise below USD 80 per barrel on a sustained basis, industry officials said. Three state-owned fuel retailers — Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd […]
Category: The Telegraph
Telegraph
Tata Power arm and Kanpur Municipal Corporation collaborate to install 12 electric vehicle charging stations
Tata Power arm Tata Power EV Charging Solutions and Kanpur Municipal Corporation have collaborated to install 12 electric vehicle charging stations across six strategic locations in Kanpur. “Tata Power EV Charging Solutions Ltd (TPEVCSL), a Tata Power Group Company, signed a Memorandum of Association with the Kanpur Municipal Corporation to install 12 EV charging stations […]
Goldi Solar offers rooftop solar power installation to 41 workers rescued from Uttarakhand tunnel
Gujarat-based Goldi Solar on Wednesday said it will install rooftop solar power system at the houses of the 41 workers rescued from the Silkyara tunnel collapse site in Uttarakhand. On Tuesday evening, rescue team pulled out all the 41 workers trapped in Uttarakhand’s Silkyara tunnel in a multi-agency rescue operation that hovered between hope and […]
Munich-Bangkok Lufthansa flight diverted to Delhi following couple’s argument onboard
An argument between a couple led to the diversion of a Munich-Bangkok Lufthansa flight to Delhi on Wednesday following which they were deboarded, official sources said. The Lufthansa flight number LH772 landed at the Indira Gandhi International (IGI) airport at 10:26 am after the pilots contacted the ATC informing them about a “situation and possible […]
Indian Oil Corporation corners more than a third of D6 gas in latest Reliance auction
State-owned Indian Oil Corporation (IOC) has cornered more than a third of the natural gas that Reliance Industries Ltd and its partner BP of the UK offered in the latest auction of the KG-D6 gas, sources said. IOC got 1.45 million standard cubic meters per day out of the 4 mmscmd of gas auctioned last […]
Steel Authority of India seeks higher rail prices from Indian Railways in bid for profit boost
Steel Authority of India Ltd (SAIL) may be in for a profit surge if the company’s plea to Indian Railways for a provisional hike in prices for the supplies of rails is approved. India’s largest public sector steel maker has been booking a provisional price of Rs 67,500 a tonne for rails supplied to the […]
Adani Group firms zoom in morning trade; Adani Total Gas jumps nearly 20 per cent
Shares of Adani group firms continued to attract heavy demand in morning trade on Tuesday, with Adani Total Gas climbing nearly 20 per cent. All the 10 listed group companies were trading with sharp gains during the morning trade, defying a muted trend in the equity market. Shares of Adani Total Gas zoomed 19.61 per […]
Adani group stocks in heavy demand; Adani Total Gas jumps 20 per cent
Shares of Adani group firms continued to attract heavy investors’ demand on Tuesday, with Adani Total Gas climbing nearly 20 per cent. Investors flocked the counters of all the 10 listed companies, with shares ending with sharp gains even as the equity market depicted huge volatility during the day. Shares of Adani Total Gas zoomed […]
Brent slides to USD 80 ahead of Opec+ meeting, expected curbs on supplies into 2024
Oil prices fell on Monday, with the Brent benchmark hovering around $80 a barrel as investors awaited this week’s Opec+ meeting and expected curbs on supplies into 2024. Brent crude futures were down 37 cents, or 0.4 per cent, at $80.21 a barrel by 1633 GMT, while US West Texas Intermediate (WTI) crude futures lost […]
CIL unveils roadmap to stop heavy-duty gear imports in 6 years
NEW DELHI: Coal India Ltd (CIL) has unveiled a roadmap to phase out import of heavy-duty mining equipment in six years, aa move that will save the world’s largest coal miner Rs 1,000 crore additional expense incurred on customs duty annually and foster domestic manufacturing. CIL currently procures some gear from domestic manufacturers, but has […]
DGCA issues circular on measures to deal with signal interference in airspace
Aviation watchdog DGCA has issued a circular to airlines and the Airports Authority of India (AAI) on measures to deal with threats from jamming and spoofing of the Global Navigation Satellite System (GNSS) amid reports of such interference in the Middle East. The circular provides comprehensive mitigation measures and action plans for aircraft operators, pilots, […]
IndiGo evaluates options on adding premium class in its flights
IndiGo on Thursday said it always evaluates available options amid reports that the budget carrier is likely to have a premium class in its flights. The airline, which has a domestic market share of more than 62 per cent, is expanding its operations. It has a fleet of more than 330 aircraft, and 970 planes […]