Reliance Infra’s sale of Mumbai power ops to Adani gets regulatory nod

Reliance Infrastructure has already received the approval of Competition Commission of India and its shareholders for the deal. Read more »

Mumbai airport’s terminal 1 becomes first to offer automated check-in facility

This facility is presently introduced at hotels such as Sahara Star, Hyatt Regency, Taj Santacruz, ITC Maratha, Hilton Mumbai International Airport and The Lalit, a release said. Read more »

Adani Ports Completes Acquisition of Kattupalli Port

A statement said APSEZ plans to transform Kattupalli into a multi commodity port to handle cargoes like containers, automobiles, break bulk, general cargo, liquid cargo and project cargo. Read more »

Irdai board to meet tomorrow, may discuss investment limit for insurance firms

Without fixing a time-frame, Irdai last year had asked LIC to prepare a road map to pare its stake to 15 per cent in firms where it breaches this ceiling. Read more »

Decision on Iran imports to be based on India’s interests, says Oil Minister

The government has maintained that it does not accept unilateral sanctions, such as the one imposed by the US on Iran, but follows the sanctions by United Nations. Read more »

India rethinks decision to split up gas utility GAIL

The govt had earlier said it wanted to split the company into two- one for laying pipelines and the other for marketing and petrochemicals - to encourage greater transparency. Read more »

Letter issued ‘inadvertently’ quoting Al Qaeda threat to trains sends railways into tizzy

Railways today, however, clarified that that there was no need to panic as no new advisory been issued of any terror threat to Indian Railways. Read more »

Telcos set to be fined for not meeting call drop norms

Two quarters of assessment has been completed since the new norms came into force. “For the quarter of January to March, we are in the... Read more »

Bharti Airtel, Reliance Jio set for home broadband war

Sunil Mittal-led Airtel is revving up its countrywide wired broadband game to protect turf ahead of Jio’s commercial roll-out of its ultra-fast home broadband services. Read more »

Coal-fired power plants set to get renewed push

Power ministry study says rapid growth in green energy projects needs to be matched with new investments in steady, 24x7 electricity supply from thermal units. Read more »