According to reports, the Airports Authority of India (AAI) is likely to procure two counter-drone systems worth Rs 99 million in 2022-23. The counter-drone system is expected to provide a comprehensive, multi-sensor-based solution for drone […]
According to reports, Tata Sons has started work on the merger of AirAsia India with Air India’s low-cost airline, Air India Express, in a bid to achieve synergies and reduce operational costs. However, Tata Sons […]
The Tata Group, the winning bidder in the Air India Limited divestment process, and the central government signed a share price agreement (SPA) for the sale of the national carrier. The SPA, which is a […]
IOCL plans to invest around Rs 36 billion in setting up India’s first mega-scale maleic anhydride plant with a capacity to produce 120,000 tonnes of maleic anhydride per annum. Maleic anhydride is used in polyester […]
IOCL, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) plan to set up 22,000 electric vehicle (EV) charging stations over the next three to five years. IOCL plans to set up EV […]
Indian Oil Corporation Limited (IOCL) and NTPC Limited have signed an MoU to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low-carbon captive power. The move is expected […]
The Ministry of Petroleum and Natural Gas (MoPNG), along with the Society of Indian Automobile Manufacturers Association (SIAM), has identified 1,000 locations in India for setting up commercially viable liquefied natural gas (LNG) fuelling stations […]
Cairn Oil and Gas Limited, a Vedanta group company, has entered into an agreement with Halliburton Offshore Services to increase the recoverable hydrocarbon reserves from its offshore assets. Cairn aims to increase the yield from […]
The Government of India (GoI) plans to double the oil and gas exploration acreage in the Northeast from 30,000 square km to 60,000 square km by 2024-25. It also aims to expand the national natural […]
In a notable development, the Oil and Natural Gas Corporation (ONGC) has signed an MoU with Saudi Aramco for feedstock and marketing. The two companies will look into the long-term supply contracts for the sale […]
The foundation stone of the Noida International Airport at Jewar in Uttar Pradesh was laid on November 25, 2021. The airport is spread across an area of 5,000 acres and will be developed at an estimated […]
Over four years into its launch, the Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik (RCS-UDAN) has been able to make air travel a more affordable and convenient mode of transportation for a wider […]
In India, although the development of the electric vehicle (EV) market has been marginal as compared to more established markets in Europe, North America and China, it has gained notable traction in recent years, after […]
November Issue 2021
The air cargo industry has started to recover. The overall international freight traffic during April-September 2021-22 increased 58 per cent over April-September 2020-21. Similarly, domestic freight traffic during April-September 2021-22 increased 72.1 per cent over […]
India is one the fastest growing economies of the world. The rapid urbanisation and increasing motorisation are constantly fuelling India’s demand for mobility, leading to inevitable mobility challenges such as congestion, air pollution and increased […]
The aviation sector has undergone a paradigm shift, from network airlines dominating the space in the past to low-cost airlines taking centre stage. Digitalisation and sustainability are becoming the focus areas. Passenger and air travel […]
India is headed towards the modernisation of public transport. Transit operators are looking at smart ticketing and multimodal fare integration to make travel easier. They offer various benefits like flexible ticketing, seamless and integrated travel […]
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