The Ministry of Petroleum and Natural Gas (MoPNG) has issued a notification pertaining to the marketing and pricing freedom of gas produced from discoveries in deepwater, ultra-deepwater and high pressure, high temperature areas. As per […]
On January 26, 2022, AAI announced that it is implementing the Digi Yatra app at the Kolkata, Pune and Vijayawada airports. This comes after the successful implementation of the app at Varanasi airport. The contactless […]
IndiGo has introduced Super 6E flights to 23 international destinations, namely, Colombo, Kuala Lumpur, Dammam, Jeddah, Bangkok, Hong Kong, Kuwait, Doha, Hanoi, Ho Chi Minh, Vietnam, Male, Kathmandu and Riyadh. These flights include facilities such […]
Air India has finalised an order for around 250 aircraft with Airbus and around 220 aircraft with Boeing, in accordance with plans to expand its operations and fleet. The deal is expected to be announced […]
The Chaudhary Charan Singh International Airport in Lucknow has received environmental clearance from the Ministry of Environment, Forest and Climate Change (MoEFCC) to enhance the passenger handling capacity by up to 39 million passengers per […]
Land acquisition for the Bhogapuram greenfield international airport project (Vizianagaram) has been completed, with the acquisition of 2,200 acres of land on the Srikakulam-Vizianagaram-Srikakulam stretch. The project involves the design, building, financing, construction, development, upgradation, […]
As per the Economic Survey 2022-23, credit to the aviation sector declined by 8.7 per cent in November 2022 due to the uncertain growth prospects within the global aviation market. Despite that, India’s civil aviation […]
In the Union Budget 2023-24, the government has allocated Rs 31.13 billion for the Ministry of Civil Aviation, which includes Rs 30.27 billion from revenue and Rs 0.87 billion from the capital. This is 70.82 […]
Terex India successfully unveiled eight new products for the Indian market Nitin Gadkari, Minister of Road Transport and Highways, Government of India, inaugurated the electric driven Finlay 690i at Bauma Conexpo India, Delhi Terex India, global manufacturer […]
ABB India achieves approximately 82 per cent reduction in its own GHG emissions across all manufacturing locations Primary reduction in Scope 1 and Scope 2 Greenhouse Gas (GHG) emissions over 2019 baseline RE100 (renewable electricity) […]
Caterpillar, Inc., the world’s largest manufacturer of construction and mining equipment, has showcased its world-class products equipped with advanced technology and digital-enabled service solutions at Bauma Conexpo India in Delhi. From connected assets to online […]
India is gradually adopting a more integrated planning approach to airport infrastructure development. The Ministry of Civil Aviation (MoCA) has announced plans to develop greenfield airports as nodes connecting multiple modes of mass transport. The […]
Christoph Schnellmann is chief executive officer of Yamuna International Airport Private Limited, a subsidiary of Zurich Airport International established to design, build and operate Noida International Airport Limited. He is leading the team responsible for […]
Rahul Nilosey is a finance professional with over 20 years of diverse experience across industries such as dairy, fashion retail, investment banking and infrastructure. Prior to taking over his responsibility as chief financial officer at […]
The draft regulations for infrastructure investment trusts (InvITs) were issued in 2014, allowing companies to raise funds in infrastructure projects through a trust. This was followed by the first funding in 2017. The three-year lag […]
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