Production of eight infrastructure sectors expanded at a four-month high of 7.8 per cent in January 2023 on better show by coal, fertiliser, steel and electricity segments, according to official data released on Tuesday. The output of core sectors had increased by 4 per cent in January 2022 and by 7 per cent in December […]
Category: The Tribune
Tribune
All listed Adani Group firms gain; Adani Enterprises shares jump 15 pc
Stocks of all the 10 listed Adani Group firms ended with gains on Wednesday, continuing the positive momentum amid a recovery in the broader equity market. Adani Enterprises stock jumped 14.70 per cent to settle at Rs 1,564.55 on the BSE. In intra-day trade, it rallied 15.83 per cent to Rs 1,580. In two days, […]
Adani secures $3-bn credit from sovereign wealth fund
Adani Group has told creditors it has secured a $3-billion loan from a sovereign wealth fund, two sources with knowledge of the matter said, as the embattled conglomerate seeks to ease debt concerns after a short-seller attack. The credit line from the sovereign wealth fund could be increased to $5 billion, the sources said, citing […]
Drone shot along Punjab border in December 2022 had ‘footprints’ in China, Pakistan: BSF
A drone that was shot down by the Border Security Force along the India-Pakistan international border in Punjab last year had taken flight and had ‘footprints’ in China and Pakistan, a BSF spokesperson said on Wednesday quoting a forensic analysis report. The quadcopter was downed on December 25, 2022 near the Rajatal border post in […]
Singapore Airlines to get 25.1% stake in Air India Group
Singapore Airlines’ (SIA) deal with Tata Sons will inject a further $267 million into Air India. It will give SIA a 25.1% stake in the Air India Group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between SIA and Tata Sons to further inject $267 million into Air India […]
Greece train mishap kills 38
A Greek passenger train collided head-on with a cargo train late on Tuesday night, killing at least 38 and wounding many others. Around 350 people were on one train while 2 crew were on the cargo train. Greece declared three days of national mourning. AP
Cabinet approves Rs 6,828-crore plan to source 70 trainer aircraft from HAL
The Union Cabinet has approved procurement of 70 HTT-40 Basic Trainer Aircraft from Hindustan Aeronautics Limited (HAL) for the Indian Air Force (IAF) at a cost of Rs 6,828.36 crore. The aircraft will be supplied over a period of six years. The Cabinet has also approved to sign a contract with Larsen & Toubro Limited […]
Cabinet okay Rs 6,828-crore plan to source 70 trainer aircrafts from HAL
The Union Cabinet has approved procurement of 70 HTT-40 Basic Trainer Aircraft from Hindustan Aeronautics Limited (HAL) for the Indian Air Force at a cost of Rs 6,828.36 crore. The aircrafts will be supplied over a period of six years. The Cabinet has approved to sign a contract with Larsen & Toubro Limited (L&T) for […]
PSPCL contractual staff stage dharna in Ludhiana, flay Punjab CM for ‘betrayal’
Charging the Punjab Government with backing out from its assurance given to CHB&W and betraying the aggrieved contractual employees, the CHB&W (complaint handling bikes and wagons) staff of Punjab State Power Corporation Limited today staged a dharna, along with their family members at mini secretariat to press their demand for regularisation of contractual workers and […]
Railways to run Holi special trains from Amritsar
The Railways will run special trains on account of Holi from Amritsar. The Gorakhpur-Amritsar special train will leave for Gorakhpur at 2.40 pm on March 3 and another train on March 10. The train will leave for Amritsar at 2.30 pm from Gorakhpur on March 17 and reach the next day at 9.30 am. The […]
Rail blockades annoy vendors, passengers in Amritsar
Frequent rail traffic blockades not only hurt financial interests of vendors at the Amritsar railway station but also cause unnecessary inconveniences to daily passengers. After nearly two-day long blockade the train movement resumed on the Amritsar-Pathankot section this morning. Vendors and daily passengers rued that it was not a rail blockade in isolation as another […]
Rego Bridge Reconstruction: Work to begin soon, Railway Minister assures Tarun Chugh
Tarun Chugh, National General Secretary, BJP, met Railway Minister Ashwini Vaishnav and requested him to fulfil the demand of residents to rebuild the Rego Railway overbridge. Chugh claimed that Vaishnav assured him that the construction work to rebuild the overbridge at Amritsar will start very soon. Notably, city residents had been repeatedly demanding reconstruction of […]