Assam Hydrocarbon and Energy Company Limited seeks 10 per cent participating interest in Oil India Limited

GUWAHATI: State government public sector unit, Assam Hydrocarbon and Energy Company Limited (AHECL) requested the Union Minister for approval of 10 percent participating interest in Oil India Limited (OIL) as a measure to make the PSU more viable. Union Minister of Petroleum and Natural Gas Dharmendra Pradhan met Chief Minister Sarbananda Sonowal in Guwahati on Read More …

Piyush Goyal indicates customers to get compensation for delayed freight delivery

NEW DELHI: Just like IRCTC which pays compensation for delays in its Tejas trains, railways’ freight customers could soon be compensated for late arrival of their goods, Railway Minister Piyush Goyal indicated Saturday, demanding a commitment of timely delivery. Speaking at the foundation day of the Dedicated Freight Corridor Corporation of India Limited, Goyal said Read More …

GMR Airports wins contract for duty-free shops at Kannur International airport in Kerala

MUMBAI: GMR Airports Ltd has bagged the contract for duty-free shops at Kannur international airport in Kerala. Kannur airport began commercial operations in December 2018. As part of its concession agreement signed with Kannur International Airport Ltd (KIAL), the airport arm of the GMR group will finance, develop, operate and manage duty-free shops (DFS) at Read More …

India tops power generation tenders globally in Q4 2019

KOLKATA: India topped tenders for power generation capacity globally during the quarter ended December 31. Top issuers of power plant tenders globally for the quarter in terms of power capacity Solar Energy Corporation of India (3,000MW) from four tenders, Northern Indiana Public Service in the United States for 2,600MW from two tenders and NTPC at Read More …

Lupin gets 5 observations from USFDA for its Vizag facility

Drug firm Lupin on Saturday said it has received five observations from the US health regulator after inspection of its Vizag facility in Andhra Pradesh. The inspection of company’s Vizag API manufacturing facility by the United States Food and Drug Administration (USFDA) has been completed, Lupin said in a filing to BSE. The inspection was Read More …

Chalet Hotels inks pact to acquire Belaire Hotels for enterprise value of Rs 290 crore

Chalet Hotels on Saturday said it has signed a share purchase agreement (SPA) to acquire Belaire Hotels Pvt Ltd — owner of Novotel Hotel in Pune — and its affilate entity SHPL for an aggregate enterprise value of around Rs 290 crore. The completion of the transaction is subject to fulfillment of certain conditions precedent Read More …

Related Posts Plugin for WordPress, Blogger...