Adani Ports and Special Economic Zone Limited (APSEZL) has reported a consolidated net profit of Rs 12.88 billion in the fourth quarter of financial year 2020-21. The company had posted a profit of Rs 3.34 […]
In a notable development, APM Terminals Pipavav has secured the China-India Express service operated by Cosco/OOCL. The weekly service to Pipavav port will carry freights of all kind for import and export, connecting with the […]
In view of the increasing demand for oxygen and related equipment in the country due to the Covid-19 pandemic, the Government of India (GoI) has directed all major ports to waive all charges. Further, the […]
During April 2021, the major ports in India handled 61.53 million tonnes (mt) of traffic, as compared to 47.51 mt in the corresponding period in 2020-21, registering an increase of 29.52 per cent. Port-wise, Paradip […]
BPCL has partnered with Accenture Public Limited Company to digitally transform its sales and distribution network. BPCL will be able to leverage the competencies of Accenture in data, artificial intelligence and cloud computing for building […]
The Indian Oil Corporation has commissioned two compressed natural gas (CNG) stations in Coimbatore, Tamil Nadu. The oil refining company is in the process of constructing a steel gas pipeline network in Coimbatore with the […]
A consortium of Reliance Industries Limited (RIL) and BP Exploration Alpha Limited (BP) has commenced the production of natural gas from the satellite cluster of the Kaveri Ganga Dhirubhai 6 block. This block is being […]
The MoPNGS has directed ONGC to sell its stake in offshore oilfields such as the Ratna series and the R-series fields in Mumbai along with onshore fields like Gandhar in Gujarat to private players. It […]
The Ministry of Petroleum Natural Gas and Steel (MoPNGS) has started the pilot supply of diesel blended with used cooking oil (UCO) biofuel from the Tikrikalan terminal of Indian Oil Limited (IOL) situated in Delhi. […]
The Indian Gas Exchange (IGX) has commenced gas trade from two new hubs at Dabhol and Jaigarh in Maharashtra on April 21, 2021. With this, the exchange now has five physical gas hubs. The existing […]
Crisil has reported that domestic airlines will incur a net loss of Rs 95 billion-Rs 100 billion in the 2022 fiscal due to lower domestic air traffic as compared to pre-pandemic levels, high fuel prices […]
The secretary of the Department of Investment and Public Asset Management, the nodal agency involved in the divestment process of Air India, has informed that the divestment process could be delayed by a few months […]
Tata Sons and Singapore Airlines have together invested Rs 4.65 billion in Vistara. Tata Sons, which owns 51 per cent of Vistara, pumped in Rs 2.37 billion, while Singapore Airlines, which owns the remainder, invested […]
The board of directors of InterGlobe Aviation Limited, which operates the country’s largest domestic airline, IndiGo, has approved raising up to Rs 30 billion through the qualified institutional placement (QIP) process. In January 2021, IndiGo had […]
India’s first artificial intelligence (AI)-enabled Covid-19 testing facility for international passengers has commenced operations at Terminal 3 of the Indira Gandhi International Airport. The facility is run by an AI system using computer vision technology […]
Commercial flights have started from Rupsi airport in Assam as of May 8, 2021. The trial run was completed as per schedule on May 5, 2021, with extended support from the Assam government and concerned […]
The Directorate General of Civil Aviation (DGCA) announced on April 30, 2021 that the Covid-19 induced suspension of scheduled international passenger flights has been extended till May 31, 2021. However, scheduled international flights may be allowed on […]
The Central Electricity Regulatory Commission (CERC) has issued the Power Market Regulations, 2021. These regulations will be applicable to power exchanges, market participants other than power exchanges, and the over-the-counter (OTC) market; as well as […]
The government recently launched the Gram Unnat Jyoti by Affordable Lighting for All (UJALA) programme – an ambitious scheme to provide the world’s cheapest light emitting diode (LED) bulbs in rural areas. This unique and […]
What are the emerging trends in technology deployment in the smart cities segment? The Government of India (GoI) and the Ministry of Housing and Urban Affairs (MoHUA) have outlined objectives for Smart City Mission under […]
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