Page 602 - Industry News

Centre to hold roadshow in Ranchi to woo investors for coal mine auction

"To enhance participation in commercial auction of coal mines, the Ministry of Coal is organising a roadshow at Ranchi on January 16," it said

World Economic Forum: Davos-bound squad aims to turn spotlight on India

Top honchos from India Inc, finance, govt heading to the World Economic Forum

Major boost for infra in Maha: Modi inaugurates projects worth Rs 30,500 cr

PM Modi first inaugurated the Rs 17,840 crore Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, also called the Mumbai Trans Harbour Link, which will cut the distance between Mumbai and Navi Mumbai

5G subscribers in India at 159 million: Bank of America global research

The report says this figure could grow to more than 490 million subscribers (42 per cent penetration) by 2028. 5G user growth has surpassed expectations over the past few months

Civil aviation sector on upswing, 75 airports built in 10 years: Scindia

Earlier people only heard about airlines getting shut down in India, but now things have changed and new air carriers are being established to make flying accessible to citizens, Scindia said

FAA to boost oversight of Boeing, sees more manufacturing problems

The incident was the latest in a series of events that have shaken confidence in the aircraft manufacturer as it tries to recover from a pair of MAX 9 crashes in 2018 and 2019 that killed 350 people

Super sports car segment in India to grow by 30% in '24: McLaren Automotive

British luxury carmaker McLaren Automotive on Friday said it is expecting the super sports car segment in India to register 30 per cent growth this year.

Delhi winter power demand touches record high of 5.7 Gw, shows data

Sector executives said it was expected that Delhi's power demand would touch a new record. Since January 1, the power demand in the national capital has been above 5 GW

'Govt will not interfere with direct selling industry until it is right'

Consumer Affairs Secretary Rohi Kumar Singh on Friday told the direct selling industry that the authorities will not interfere with its business model as long as it is "right"

Oil jumps 4% as tankers avoid Red Sea after US-UK joint strikes on Houthis

Brent crude futures were up $3.16, or 4.1%, at $80.57 a barrel at 1124 GMT, while U.S. West Texas Intermediate crude futures climbed $3.05, or 4.2%, to $75.07

Sugarcane-ethanol policy: Solution will be found after April, says Gadkari

India will one day become an exporter of energy and there was a need to develop agriculture for this to happen, he said, speaking at the International Sugarcane Conference

Indian Oil Corp to open 300 ethanol fuel stations, says Nitin Gadkari

India, the world's third-biggest oil importer and consumer, is keen to cut its carbon footprint to meet its 2070 net-zero carbon goal

Chennai stands as capital of SaaS in country: Palanivel Thiaga Rajan

Digital Connexion set up its new data centre in the city on Friday aimed at serving the critical infrastructure needs of enterprises and digital service companies

'Edible oil imports down 16% to 1.30 mn tonnes on lower palm oil shipments'

India's edible oil imports declined 16% annually in December to 1.30 mn tonnes due to lower shipments of crude and refined palm oils, according to industry data released on Friday

Delhi's coldest morning this winter pushes power demand to all-time high

According to the State Load Dispatch Centre's real-time data, the peak power demand of Delhi at 10.49 AM on Friday was 5,701 MW

UP RERA gives 15 days to promoters to submit update on housing projects

Uttar Pradesh real estate regulator UP RERA has issued a 15-day ultimatum to promoters of group housing projects to update quarterly progress reports of their projects on its website

Ayodhya sets world record with longest solar light line installation

The project involves connecting several ghats that were previously segmented, with the administration seamlessly linking them together from Guptar Ghat to Jhunki Ghat

Asian LNG importers ramp up spot purchases after prices hit 7 month low

The Electricity Generating Authority of Thailand (EGAT) is also seeking one LNG cargo for delivery in March

Committed to achieve 50% of renewable power sources ahead of 2030: Official

"The target is of 500 gigawatt of non-fossil capacity, out of which we will have about 485 gigawatt of RE by 2030," the official said

Every passenger gets 55% concession on train journeys, says Vaishnaw

Before the Covid-19 lockdown imposed in March 2020, the Railways offered 50 per cent concession on train fares to senior citizens and government-accredited journalists