Air India has started hiring across ranks and roles to prepare for the delivery of the 470 aircraft from Boeing and Airbus. The airline currently has staff supporting around 140…
Author: Admin
Centre invokes emergency law to force coal-based power plants to up output
India on Monday invoked an emergency law to force power plants that run on imported coal to maximise output ahead of an expected record surge in power usage this summer,…
Centre opposes Vedanta’s $3 bln zinc assets sale, rekindling debt worries
The Indian government has opposed Hindustan Zinc Ltd’s $2.98 billion acquisition of assets from the flagship firm of Vedanta Resources, dealing a blow to billionaire Anil Agarwal’s plans to trim…
Gujarat: Vedanta-Foxconn selects Dholera SIR for first semiconductor facility in India
A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has finalised the Dholera Special Investment Region near Ahmedabad city of Gujarat for setting up their semiconductor and…
Adani Ports to prepay Rs 1,000-cr short-term debt to boost investor confidence
Adani Ports will prepay a short-term debt due next month amounting to Rs 1,000 crore to win back investor confidence after a short seller’s scathing report in January. Adani Ports…
Good news for Adani shareholders! Adani Cement’s ACC and Ambuja to resume Himachal operations
Adani Cement, part of the embattled Adani Group, on Monday said its ACC and Ambuja Cements businesses will resume operations at two plants in Himachal Pradesh after resolving issues over…
After DB Power, Adani decides to not bid for stake in state-owned PTC: Report
Adani Group chairman Gautam Adani has decided against bidding for a stake in state-backed energy trading firm Power Trading Corporation, said a report on Monday. Amid the massive fallout from…
Huge blow for Ola, Uber, Rapido! Delhi govt halts bike taxis, says report
In a fresh blow for Ola, Uber, Rapido, Delhi government’s transport department has asked the ride sharing platforms to halt their bike taxis effective immediately. “It has been brought to…
Govt appoints ex-Commerce Secretary BVR Subrahmanyam as CEO of NITI Aayog
Former Commerce Secretary BVR Subrahmanyam has been appointed as NITI Aayog CEO for two years, announced government on Monday. The Appointments Committee of Cabinet has approved the appointment. Subrahmanyam replaces…
Govt aims to vote out Vedanta’s Hindustan Zinc deal at EGM: Report
Government aims to vote out Anil Agarwal-promoted Vedanta’s plan to sell its global zinc assets to Hindustan Zinc Ltd (HZL) for cash consideration of $2.98 billion, said a report on…