Coal India signs MoU with NLC for 5000 mw power generation

Solar projects will be set up over 15,000 acres on identified barren and reclaimed free land of Coal India and also at locations where free land is available. Read more »

NHB enhance refinance limit to Rs 30,000 crore to help mortgage firms tide over liquidity crunch

The housing finance regulator had originally set the refinance target at Rs 24,000 crore for 2018-19 beginning July this year. Read more »

What protection is available to a depositor if bank fails: Delhi High Court asks Centre

It was reported in August that the Centre has turned down suggestions to raise the insurance cover on bank deposits to Rs 15 lakh from the current Rs one lakh. Read more »

High Court declines PIL against poor telecom signals, call drops

A bench of Chief Justice Rajendra Menon and Justice V K Rao dismissed the plea and asked the petitioner, a lawyer, to approach the Telecom Regulatory Authority of India (Trai) with his... Read more »

Tata Steel sales up to 7 per cent in Q2FY19 to 3.18 million tonne

Sales of Tata Steel’s recently acquired company, Bhushan Steel saw an increase 34% in Q2FY19 to 1.14 mt on a quarter on quarter (QoQ) basis... Read more »

More than 20 tenders worth Rs 88,000 crore for bullet train project by Jan ’19: Sources

The tenders amounting to Rs 88,000 crore will be for coaches, infrastructure, signalling, technology, among others, the source said Read more »

Bangalore airport to screen men & women together by year-end

Work on the security hall enhancements will begin with the first automated lanes being installed in the domestic and international check points by the end of 2018, it said. Read more »

RE Invest changes focus, no investments sought this time

India currently has around 71 GW of installed renewable energy capacity, including 34 GW of wind and 23 GW of solar, which is double of what it had four years ago. Read more »

Power producers book 87% CIL coal in first 10 days of bids

The auction offering 17 million tonne (mt) ends next week. Till now, the public sector fuel supplier offered 12.66 mt from its seven coal producing subsidiaries, of which some 11mt has been... Read more »

Minting of Rs 10 coins cut by half due to non-availability of raw material

RBI, which manages the supply, revised the entire coin indent plan for FY19, as India Government Mints failed to procure .`10 coin blocks on time, according to official documents. Read more »