Cyclone Storm Dana: Threatens to pound Odisha and Bengal coasts with heavy rain
Cyclone Dana intensified into a severe cyclone by Thursday midnight, earlier than forecast, over central and adjoining north-west Bay of Bengal, and lay early on Thursday morning over north-west and adjoining central Bay, about 210 km south-east of Paradip (Odisha); 240 km south-southeast of Dhamara (Odisha); and 310 km south
AMPIN Energy secures 27MWp solar project in Maharashtra
AMPIN Energy Transition said on Monday that it has strengthened its alliance with Varroc Group by signing a transaction document for an additional 27 megawatt peak (MWp) solar power project in Maharashtra. This order follows the successful & timely implementation of AMPIN’s initial solar projects in Maharashtra, Karnataka, Uttar Pradesh
The Swiss are coming as $100 bn deal shifts focus from China to India, ETCFO
Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India’s appeal has already reflected a broader shift among businesses in Europe
Cotton Corporation of India 2024-25: Begins purchase of cotton at MSP from Telangana
Cotton Corporation of India (CCI) has begun procurement of the fibre crop at minimum support price (MSP) in the state of Telangana last week. Lalit Kumar Gupta, Chairman cum managing director, CCI said, so far, about 600 bales of cotton has been purchased in Telangana at MSP. “We expect huge
Swiss companies set sights on India as $100 billion trade pact promises more opportunities
Investments in India by Swiss companies such as engineering group ABB and transport firm Kuehne+Nagel are on the rise, with a $100 billion regional trade deal expected to further open it up to businesses long geared towards China. India’s appeal has already reflected a broader shift among businesses in Europe
Weak refinery margins to impact IoCL’s performance in Q2 FY25
State-run Indian Oil Corporation (IoCL) is expected to report a subdued performance in Q2 FY25, on an annual basis, on account of a hit on refinery margins. According to JM Financial, oil marketing companies (OMCs) are likely to report a Q-o-Q improvement in EBITDA on robust auto-fuel marketing margin; that,
Ashok Leyland bags order for 500 electric buses from Chennai MTC
Commercial vehicle maker Ashok Leyland on Thursday said its arm OHM Global Mobility has bagged an order for 500, 12-m ultra-low floor electric buses from the Metropolitan Transport Corporation, Chennai. Switch Mobility, another subsidiary of Ashok Leyland, shall supply Switch EiV12 model buses to OHM, which in turn shall operate
Diesel, petrol demand to grow 50,000-55,000 barrels per day Y-o-Y in Oct-Dec
India’s demand for the key auto fuels (diesel and petrol) is expected to grow by as much as 55,000 barrels per day (b/d) in the October-December festival season, S&P Global Commodity Insights said on Thursday. India’s appetite for oil products in October-December is set to get a boost from the
Schneider Electric to provide energy management solutions to Noida International Airport
Schneider Electric said on Thursday that it has formed a strategic partnership with Noida International Airport to introduce building and energy management solutions. Through this collaboration, Schneider Electric will roll out complete building management solutions, comprising Electrical SCADA and Advanced Distribution Management System, aimed at significantly boosting the airport’s operational
Board to convene consumers meeting next week over falling natural rubber prices
Concerned over the falling prices of natural rubber, the Rubber Board will organise a meeting of consumers next week. The Executive Director of the Board has called for a meeting of major natural rubber consumers on October 28. The objective of the meeting is to review the current market situation