Industries

Chennai Petroleum Corp Forms Joint Venture For $4 Billion Refinery

Chennai Petroleum Corp Forms Joint Venture For $4 Billion Refinery

Reuters | Tuesday August 23, 2022, Bengaluru

Chennai Petroleum Corp said on Tuesday it has formed a joint venture with its parent Company Indian Oil Corp and others for building the 9 MTPA refinery at a cost of 315.80

Centre To Raise Money Through Capital Markets For 4 Road Projects

Centre To Raise Money Through Capital Markets For 4 Road Projects

Press Trust of India | Tuesday August 23, 2022, New Delhi

Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects.

L&T Wins Contract From Indian Oil Worth Rs 2,500-5,000 Crore

L&T Wins Contract From Indian Oil Worth Rs 2,500-5,000 Crore

Asian News International | Monday August 22, 2022, New Delhi

Engineering and construction major L&T on Monday said it has secured a large contract from Indian Oil Corporation (IOCL).

Adani Group Makes $3.9 Billion Open Offer For Two Cement Firms After Approval

Adani Group Makes $3.9 Billion Open Offer For Two Cement Firms After Approval

Suvashree Ghosh and Baiju Kalesh, Bloomberg | Friday August 19, 2022

Adani Group has received regulatory approval for an almost 311.6 billion rupees ($3.9 billion) open offer to buy the remaining shares of two Indian cement makers

IndiGo To Add A Third Disembarkation Ramp To Improve Turnaround Times

IndiGo To Add A Third Disembarkation Ramp To Improve Turnaround Times

Reuters | Thursday August 04, 2022, New Delhi

The IndiGo said on Thursday it would add a third ramp for passengers disembarking from its planes, in an attempt to improve turnaround times.

China-Taiwan Tussle May Result In Semiconductor Shortage: Auto Dealers' Body

China-Taiwan Tussle May Result In Semiconductor Shortage: Auto Dealers' Body

Asian News International | Thursday August 04, 2022, New Delhi

With potential risks of Taiwan-China tussle escalating, the threat of key raw material for automobile manufacturing -- semi-conductor -- shortage is once again looming, said Federation of Automobile Dealers Associations of India on Thursday.

IT Ministry To Conduct Social Media Firms' Compliance Audit Every Quarter

IT Ministry To Conduct Social Media Firms' Compliance Audit Every Quarter

Press Trust of India | Thursday August 04, 2022, New Delhi

The Ministry of Electronics and IT (Meity) will now conduct compliance audits of social media companies every quarter, an official source said on Thursday.

Russia Becomes India's Third-Largest Coal Supplier In July: Report

Russia Becomes India's Third-Largest Coal Supplier In July: Report

Reuters | Thursday August 04, 2022, New Delhi

Russia became India's third-largest coal supplier in July, with imports rising by over a fifth compared with June to a record 2.06 million tonnes, data from Indian consultancy Coalmint showed.

Auto Retail Sales Dip 8% In July On Lower Registrations Of Vehicles

Auto Retail Sales Dip 8% In July On Lower Registrations Of Vehicles

Press Trust of India | Thursday August 04, 2022, New Delhi

Automobile retail sales in India dropped 8 per cent on an annual basis in July on account of fall in registrations of passenger vehicles, two-wheelers and tractors.

Probe Agency Accuses Vivo Of $280 Million Tax Evasion

Probe Agency Accuses Vivo Of $280 Million Tax Evasion

Reuters | Wednesday August 03, 2022, Mumbai

A government agency has accused Chinese-owned Vivo Mobile of evading taxes worth 22.1 billion rupees ($280 million), it said in a statement

Airtel To Start 5G This Month; Inks Pacts With Ericsson, Nokia, Samsung

Airtel To Start 5G This Month; Inks Pacts With Ericsson, Nokia, Samsung

Press Trust of India | Wednesday August 03, 2022, New Delhi

Within days of bidding for spectrum in auctions, Bharti Airtel on Wednesday announced it has signed 5G network agreements with gear makers Ericsson, Nokia and Samsung to commence deployment this month.

Government Withdraws Data Protection Bill

Government Withdraws Data Protection Bill

Reuters | Wednesday August 03, 2022, New Delhi

The information technology minister on Wednesday withdrew a data protection bill that has been under consideration for several years, a government official said, referring to legislation that has alarmed big tech companies.

IndiGo Announces 'Sweet 16' Anniversary Discount Sale. Details Here

IndiGo Announces 'Sweet 16' Anniversary Discount Sale. Details Here

Edited by NDTV Business Desk | Wednesday August 03, 2022

On August 3, IndiGo airline launched a Sweet 16' Anniversary sale for all its consumers flying on domestic routes. The offer is to commemorate 16 years of flying by the airline. As per the offer, fares will start Rs 1,616.

IndiGo Operator InterGlobe Aviation Ltd Posts Smaller June-Quarter Loss

IndiGo Operator InterGlobe Aviation Ltd Posts Smaller June-Quarter Loss

Reuters | Wednesday August 03, 2022, Bengaluru

InterGlobe Aviation Ltd, the operator of IndiGo, posted a smaller loss for the June quarter, as demand for air travel picked up in the country.

Centre Blocks 348 Apps Identified By Home Ministry

Centre Blocks 348 Apps Identified By Home Ministry

Press Trust of India | Wednesday August 03, 2022, New Delhi

The government has blocked 348 mobile applications that were identified by the Home Ministry for transmitting users' information in an unauthorised manner to servers located outside the country, Parliament was informed on Wednesday.