ICRA states that Indian air passenger traffic fell by 3-5 per cent in 2019-20

April 2020

Credit rating agency ICRA has stated that the country’s air passenger traffic has registered a negative growth of 3-5 per cent in 2019-20, as traffic slowed even before the coronavirus pandemic. The decline has been […]



Canadian aircraft manufacturer files a lawsuit against SpiceJet for non-payment of dues

April 2020

As per media reports, Canadian aircraft manufacturer De Havilland Aircraft has filed a lawsuit against low-cost carrier SpiceJet claiming damages worth Rs 3.2 billion, on grounds of the airline’s failure to pay for an aircraft […]



IOCL declares force majeure on oil purchases from Saudi Arabia, UAE, Iraq, Kuwait

April 2020

IOCL has declared force majeure on crude purchases from four of its biggest suppliers – Saudi Arabia, Iraq, the UAE and Kuwait – as refinery run rates have been cut in view of the plummeting […]



India extends deadline for the fifth OALP bidding round further

April 2020

The Directorate General of Hydrocarbons has extended the last date of bidding for the 11 oil and gas blocks on offer in the fifth bid round and decided to merge the next two rounds into […]



MbPT commences ro-pax operations between Mumbai and Mandwa

April 2020

The Mumbai Port Trust has commenced roll-on, roll-off passenger (ro-pax) ferry operations between Mumbai (Bhaucha Dhakka/Ferry Wharf) and Mandwa through its vessel, RoPax M2M1. The vessel which combines the features of a cruise vessel and […]



Five projects inaugurated at JNPT

April 2020

The central government has inaugurated five projects at the Jawaharlal Nehru Port Trust (JNPT) – a mobile X-ray container scanner facility at the Jawaharlal Nehru Port Container Terminal (JNPCT), a 220/333 kV mobile unit substation […]



MERC notifies tariff reduction for consumers across categories

April 2020

The Maharashtra Electricity Regulatory Commission (MERC) has notified a reduction in retail supply tariffs across different consumer categories to mitigate the impact of COVID-19. For Maharashtra State Electricity Distribution Company Limited, the commission has approved […]



CIL eases payment terms for power consumers

April 2020

Coal India Limited (CIL) has decided to ease payment terms for its customers, particularly those in the power sector, and be lenient in dealing with defaults. It will also accept usance letters of credit, also […]



IR sets target to make 1,000 PPEs per day across 17 workshops

April 2020

IR targets manufacture of 1,000 personal protective equipment (PPE) per day such as overalls for doctors and paramedics after the samples made by Northern Railway were tested and approved by the Defence Research and Development […]



IRFC IPO delayed in the backdrop of ongoing coronavirus pandemic

April 2020

The initial public offer (IPO) of the Indian Railway Finance Corporation (IRFC), the fund-mobilising arm of the railways, has been delayed against the backdrop of the ongoing coronavirus pandemic. IRFC was supposed to be listed […]



NHAI clears contractors’ bills worth Rs 250 billion

April 2020

NHAI has cleared bills worth about Rs 250 billion owed to contractors in March 2020. The authority has launched a drive to ensure that all pending payments are cleared. While there were issues pertaining to […]



MoRTH invites public suggestions for amendments in Motor Vehicle Rules

April 2020

The MoRTH has invited suggestions and comments from all stakeholders including the general public on the proposed amendment in the Motor Vehicle Rules regarding registration of new vehicles, issuance of driving licences and recall of […]



Handset manufacturers temporarily shut down production at manufacturing facilities

April 2020

Handset manufacturer, Oppo, Vivo and Samsung have temporarily suspended production at their respective Greater Noida facilities due to the coronavirus outbreak. Further, Xiaomi, Lenovo-Motorola and Lava have also temporarily shut down their handset factories in […]



Telcos extend validity of prepaid plans to enable people to remain connected during lockdown

April 2020

Vodafone Idea, Reliance Jio and Bharti Airtel have extended the validity of their prepaid plans, availed by low-income customers till May 3, 2020. Further, the two telcos have credited Rs 10 in the prepaid account […]



JICA, GoI sign loan agreement for Mumbai metro Line 3, Ahmedabad-Gandhinagar metro Phase-I

April 2020

JICA and the central government signed an ODA loan agreement, on March 27, 2020 for funds worth Rs 33.41 billion (Yen 53,895 million) for the Mumbai metro, Phase I, Line 3, project and the Ahmedabad-Gandhinagar […]



UPMRC plans six additional metro corridors under Lucknow metro

April 2020

The Uttar Pradesh Metro Rail Corporation is planning to add six metro corridors under the Lucknow metro project. The corridors are the Secretariat-CG City South corridor, the Chaudhary Charan Singh International Airport-Atal Bihari Vajpayee Stadium […]



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