Hindustan Aeronautics Limited (HAL) has achieved a milestone with the first flight of Hawk-i. The aircraft is equipped with indigenous real time operating system (RTOS) developed by the defence enterprise. HAL, CMD, T Suvarna Raju,
Steel Authority of India Ltd (SAIL) has earned profit before tax (PBT) of Rs 82 crore in the third quarter of the current financial year (Q3 2018FY). Maintaining strong and earnings before interest, taxes, depreciation
National Aluminium Company Limited (NALCO), country’s leading manufacturer and exporter of alumina and aluminium, has clocked a record net profit of Rs 722 crore (growth of 207 percent), as against Rs 235 crore in the preceding quarter and R
Minister of state (IC) for power, Raj Kumar Singh said the power ministry has issued a policy to use 5-10 percent of biomass pellets along with coal for power generation in thermal power plants. Singh was replying to a query on the
Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte in 2015-16 and further to 190.95 Mte in 2016-17. The trend of fall in import of coal has continued in the current fiscal. As per the directorate general of commercial
The cabinet has approved the plan to conduct round two of Discovered Small Field (DSF) auction of 60 discovered small fields/un-monetised discoveries. Out of these, 22 fields/discoveries belong to ONGC, five belong to Oil India Limi
To support various CSR innovative projects across the country, Rural Electrification Corporation Ltd (REC) and United Nations Population Fund (UNFPA), India have signed an agreement of Rs 32.84 crore. The projects will be implemente
Putting all speculations to rest, the government has approved selling off its entire public stake in the Dredging Corporation of India (DCIL). The move aims to upgrade technology, improve capability, infuse capital to buy necessary dredgers
In a bid to create a sustainable defence aerospace ecosystem, Hindustan Aeronautics Ltd (HAL) has roped in private partners to design & develop (D&D) of products and technologies. To encourage private participations, HAL has
Lokpriya Gopinath Bordoloi International airport in Guwahati is scheduled to get a swanky new integrated terminal building by 2021. Aviation minister P Ashok Gajapathi Raju laid the foundation stone for the new integrated terminal building,
Achieving an important milestone towards the completion of its modernisation and expansion programme, SAIL’s Bhilai Steel Plant (BSP) has blown in the blast furnace (BF) number 8 –Mahamaya successfully. It is the first s
GAIL (India) has placed an order of Rs 440 crore for laying of 350 km of pipeline from Vijaipur in Madhya Pradesh to Auraiya in Uttar Pradesh. This is a part of the spurline of around 665 km from Vijaipur to Phulpur (Uttar Pradesh).
Commemorating 25 years of India-ASEAN relationship, Airports Authority of India has signed an agreement with Lao air traffic management, department of civil aviation, Lao PDR for providing SkyRev360, a comprehensive e-data gathering, invoicing and
Country’s largest power producer NTPC has listed its USD 6 billion (around Rs 40,000 crore) medium-term note (MTN) programme on India International Exchange at IFSC, GIFT City (India INX). With this, NTPC has become India&rsqu
Chief Minister of Tamil Nadu, Edappadi K. Palaniswami laid the foundation stone of 1320 MW Udangudi supercritical thermal power project in Chennai, valued at Rs 7,359 crore. The project has been awarded to Bharat Heavy Electricals L
GAIL (India) Limited has kicked off pipeline construction work in West Bengal to provide gas supply to Matix Fertilizers, Durgapur. The project is being executed as a part of Pradhan Mantri Urja Ganga pipeline project i.e. Jagdishpu
India’s largest power generator, NTPC has signed a tripartite agreement with Jabalpur Smart City Limited and Jabalpur City Transport Services Limited to help Jabalpur creating the e-mobility infrastructure. NTPC general manage
Indian Oil Corporation has posted close to two-fold jump in net profit of third quarter of the current fiscal. It clocked a profit of Rs 7,883 crore in Q3 of this fiscal, compared to Rs 3,995 crore registered in Q3 of the last fiscal. &n
Indian Oil Corporation has successfully commissioned Octamax Unit at its Mathura refinery by using state-of-the-art refining technologies developed by its own R&D centre. IOCL’s modern technology converts C-4
The government has given contracts to private companies to operate flights and helicopters under the second round of regional connectivity scheme UDAN (Ude Desh ka Aam Naagrik). Airports authority of India (AAI), the implementing agency, has issue
