NEWS

Akasa Air places order for 150 Boeing 737 MAX Aircraft

Akasa Air places order for 150 Boeing 737 MAX Aircraft

19 Jan 2024

Akasa Air, India’s newest airline, has placed orders for 150 fuel-efficient Boeing 737 MAX aircraft, a record for an India carrier with just 17 months of operational life.

Cabinet panel allows coal PSUs to set up 2 new thermal power projects

Cabinet panel allows coal PSUs to set up 2 new thermal power projects

19 Jan 2024

The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal for equity investment by South Eastern Coalfields Limited (SECL) in a 1×660 MW thermal power plant

Avaada to invest Rs40,000 cr across 6 GW wind-solar projects in Gujarat

Avaada to invest Rs40,000 cr across 6 GW wind-solar projects in Gujarat

19 Jan 2024

Green energy producer Avaada Group has committed investments of an aggregate Rs40,000 crore in Gujarat to set up hybrid wind-solar projects with a total installed capacity of 6,000 MW (6 GW).

India signs pact for lithium exploration and mining in Argentina

India signs pact for lithium exploration and mining in Argentina

18 Jan 2024

India’s ministry of mines has signed an agreement with Argentinean authorities under which Khanij Bidesh India Limited (KABIL)

Jio Financial’s Q3 net profit down 56% at Rs294 crore

Jio Financial’s Q3 net profit down 56% at Rs294 crore

18 Jan 2024

Mukesh Ambani group’s financial services company Jio Financial Services has reported a net profit of Rs294 crore for fiscal third quarter (October-December 2023), down 56 per cent from Rs668.18 crore

Federal Bank’s Q3 net profit up 25% at Rs1,007 crore

Federal Bank’s Q3 net profit up 25% at Rs1,007 crore

18 Jan 2024

Private sector lender Federal Bank has reported a 25 per cent year-on-year increase in its fiscal third quarter (October-December 2023-24) at Rs1,007 crore, against Rs803.6 crore

BIS issues revised standards for building construction

BIS issues revised standards for building construction

18 Jan 2024

The Bureau of Indian Standards (BIS) has issued 'Standardised Development and Building Regulations, 2023, which aims at ensuring safety, accessibility, and sustainability in building construction.

Modi dedicates 3 major projects at Cochin Shipyard to nation

Modi dedicates 3 major projects at Cochin Shipyard to nation

17 Jan 2024

Prime Minister Narendra Modi today inaugurated three major projects at the Cochin Shipyard Ltd, involving total investment of Rs4,000 crore.

REC raises 61.1 billion yen via medium term notes issue

REC raises 61.1 billion yen via medium term notes issue

17 Jan 2024

REC Limited has successfully issued its inaugural 61.1 billion Japanese Yen ($41.56 million) 5-year, 5.25-year and 10-year Green bonds, as part of its $10 billion global medium term notes programme.

LyondellBasell to acquire 35% of Saudi petrochemical company for $500 m

LyondellBasell to acquire 35% of Saudi petrochemical company for $500 m

17 Jan 2024

LyondellBasell, a global leader in petrochemicals, today announced the signing of an agreement to acquire a 35 per cent interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET)

Govt working on ePlatform to facilitate international trade

Govt working on ePlatform to facilitate international trade

17 Jan 2024

The commerce ministry has commenced work on a Trade Connect ePlatform that will act as an intermediary connecting Indian exporters and entrepreneurs with various stakeholders in international trade

New building to house Central Registrar of Cooperative Societies

New building to house Central Registrar of Cooperative Societies

17 Jan 2024

The centre has set up a new building in the capital to house the office of the Central Registrar of Cooperative Societies, giving a big boost to the cooperative movement in the country