Railway offers meals at economical price for travellers during summer season

MUMBAI: The Central and Western Railway, along with the Indian Railways Catering and Tourism Corporation (IRCTC), are stepping up to serve passengers, particularly those in unreserved compartments (General Class Coaches), with a new initiative offering hygienic meals and snacks at affordable prices, an official said on Tuesday. “Anticipating the surge in passenger traffic during the […]

EV loans to chargers: Oz financial company Macquarie to invest $1.5 billion

MUMBAI: Australian financial services giant Macquarie will build electric vehicle charging stations, extend e-vehicle loans, provide fleet management services and offer scrapping solutions. It will foray into these areas through its just launched e-mobility platform called Vertelo. This platform, unique to Macquarie India, which is more known as an M&A adviser, plans to invest $1.5 […]

Indian EV component market projected to exceed Rs 150,000 crore by 2030: ICRA

CHENNAI: The Indian e-two-wheeler component market potential is projected to exceed Rs 1,00,000 crore by 2030 while the e-passenger vehicle component is expected to clock another Rs 50,000 crore at least, in terms of revenue potential for ancillaries, said credit rating agency ICRA. Demand for EV batteries in India (for domestic sales) is projected to […]

Tata Power Solar Systems Limited to drive affordable and widespread solar rooftop adoption in residential segment

MUMBAI: Tata Power Solar Systems Limited, a wholly-owned subsidiary of Tata Power Renewable Energy Limited, announced its strategic partnership with Indian Bank to bolster the adoption of solar rooftop among residential consumers. The collaboration aims to facilitate financing solutions under the popular Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme for installations up to 3 […]

Air India and IndiGo cancel flights to Dubai amid airport flooding

NEW DELHI: Flights from India to Dubai faced significant disruption as heavy rains caused flooding at the Dubai International Airport, one of the world’s busiest. Air India and IndiGo cancelled their services on Wednesday, affecting travel plans for many passengers. Delhi airport saw ten flights to Dubai and nine incoming flights from Dubai cancelled on […]

Delhi to Gurugram in just 7 minutes! IndiGo parent to bring all-electric air taxi service in India by 2026; check expected fare, details

Imagine a transport system that allows you to travel from Delhi to Gurugram in just 7 minutes! InterGlobe Enterprises, the parent company of IndiGo, India’s leading airline, has partnered with Archer Aviation, a US-based company, to introduce an all-electric air taxi service in India by 2026. According to a PTI report, the service will initially […]

Air India begins work on new lounge at IGIA T3 int’l side; flyers to use Encalm Prive in the interim

NEW DELHI: Air India’s lounge at Delhi Airport’s T3 (international side) will be closed for a complete revamp from Friday (April 19). A new lounge — much bigger than the existing one — will open in its place in about a year, say AI officials. “During this time, first and business class passengers and Flying […]

Union minister Hardeep Singh Puri discusses global oil markets with OPEC secretary general

NEW DELHI: Union minister Hardeep Singh Puri discussed the recent trends and volatility in the global oil markets and their implications for international energy stability with OPEC secretary general, Haitham Al-Ghaishad over a telephonic conversation on Friday. Puri during the discussion expressed commitment to supporting efforts to achieve balance in global energy markets, as per […]

Tesla moves forward with plan to build an energy-storage battery factory in China

BEIJING: American electric automaker Tesla’s plans to produce energy-storage batteries in China moved forward on Friday with a signing ceremony for the land acquisition in Shanghai, China’s state media said. Construction of the factory is scheduled to start early next year with production to come on line by the end of the year, the official […]