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  Aug 10, 2023

Government plans to ‘float’ offshore oil blocks-cumwind farms

The ministry of new and renewable energy (MNRE) is in discussions with the ministry of petroleum and natural gas (MoPNG) to combine the exploration of offshore hydrocarbon blocks with offshore wind farms for better synergies.

  Jul 05, 2023

Shivamogga airport to begin flight operations from August 11

The Shivamogga or Kuvempu airport is all set to begin its operations from August 11. BY Raghavendra, MP, Lok Sabha, announced that the flight operations will start from August 11, with Indigo airlines operating between Shivamogga and Bengaluru.

  Jul 05, 2023

Ozotec Automobile to raise over Rs 150 crore for expansion

Ozotec Automobile is planning to raise Rs 150 crore through equity to expand its business portfolio. In 2020, the company launched ‘Filo’, a two-wheeler EV with a manufacturing capacity of 500 to 600 EVs a month.

  Jul 05, 2023

SECL to make Gevra world's largest coal mine

South Eastern Coalfields (SECL) is aiming to scale up the capacity of its Gevra mine to 70 MTPA to make it the world's largest coal producing site by the end of ongoing fiscal. SECL's Gevra mine is the world's fourth largest coal mine at present.

  Jun 20, 2023

DGCA approved night landing facility at Karnataka Airport

Directorate-General of Civil Aviation (DGCA) has approved the night landing facility at Kalaburagi Airport in Karnataka. The Kalaburagi Airport has a runway of 09-27 (3175m x 45m) and an apron suitable to park 03 aircraft (1 A-320, 02 ATR 72/Q-400).

  Jun 20, 2023

Navi Mumbai airport will have 4 terminals

The airport will consist of four terminals and will have parking for 42 aircraft. There will also be a grand parking lot with a capacity for 5,500 vehicles. The airport will be linked to the 22-km Mumbai Trans-Harbour Link (MTHL), which will be the key road connector between it and the metropolis.

  Jun 20, 2023

India will have 220 airports in next 2-3 years

Jyotiraditya Scindia, Civil Aviation Minister, said that India is set to have 200-220 airports, heliports, and water aerodromes in the next two to three years. The minister highlighted that until 2014, only 74 airports were operational in the country.

  Jun 20, 2023

Aditya Birla to invest Rs 1,250 crore into its financial services

Aditya Birla Group is set to pump in Rs 1,250 crore into its financial services arm Aditya Birla Capital. The board of Aditya Birla Capital (ABCL), which is into lending, asset management and insurance, approved a preferential issuance of Rs 1,250 crore to its promoter and promoter group entity.

  Jun 20, 2023

Somany to invest Rs 28 crore in its subsidiary

Somany Max (SMPL) has allotted additional Rs 2 crore 80 lakh cumulative redeemable preference shares of Rs 10 each aggregating to Rs 28 crore to Somany Ceramics by way of right, maintaining the percentage of shareholding of the company in SMPL at 80 per cent.

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