NTPC, 10 others in fray for subsidy on LNG for power plants
NEW DELHI: As many as 11 bidders including NTPC are in the fray on Wednesday for the Rs 298 crore government subsidy on offer for plants receiving inadequate domestic natural gas. The power plants can use the subsidy support from the government to buy expensive imported LNG to make up for the fuel... read more »
Indian Authorities Reject Uber’s Application for Delhi License
NEW DELHI—Uber Technologies Inc.’s application for a license to operate in the Indian capital has been rejected for a second time, according to an order passed by transport authorities in the city. The ride-hailing company applied for a license after its services were banned in Delhi in... read more »
Sensex trades firm amid global rally, Nifty above 7,850; Banking stocks gai...
2.22 pm: GAIL (India) shares advanced over 1 per cent on BSE after the company announced during market hours on Wednesday, that pipeline welding of 12 inch pipeline connecting HFCL Barauni to IOCL, Barauni commenced on Tuesday at Barauni, marking the first phase implementation of company’s... read more »
Exports declined by 20.7 percent in August, says Commerce Ministry
The Ministry of Commerce and Industry has said that India’s exports plunged 20.7 per cent in August this year, to 21.3 billion dollars. In data appearing in the public domain, the ministry said that this was ninth consecutive month when exports have slumped and global economic slowdown and... read more »
