State-owned GAIL (India) Ltd will build one of India's largest proton exchange membrane (PEM) electrolyzer at Guna in Madhya Pradesh to produce green hydrogen by the end of 2023, as it looks to supplement its natural gas business with carbon-free fuel. In a statement, India's largest gas transporting and marketing firm said it has awarded [...]
Tata Sons on Thursday announced the appointment of Campbell Wilson as the Chief Executive Officer and Managing Director (MD) of Air India. The Air India board approved the appointment of Wilson subject to requisite regulatory approvals, the company said in a statement. Wilson, 50, is the CEO of Scoot, the wholly-owned low-cost subsidiary of Singapore [...]
New Delhi, May 12 (PTI) India's top gas importer Petronet LNG Ltd wants Qatar Gas to lower prices for it to renew a long-term liquefied natural gas (LNG) import deal beyond 2028, its CEO Akshay Kumar Singh said on Thursday. The company in the immediate term is looking to tie up 0.75 to 1 million [...]
The median salary increment this year is likely to be around 8.13 per cent as the country recovered from the after effects of pandemic-related disruptions, a report said. According to the 'Jobs and Salary Primer Report for FY2022 by TeamLease', unlike the last two years, this year most of the job roles from across sectors [...]
Online after-sales services company Xtracover on Thursday said that it aims to increase revenue by about three-fold to Rs 275 crore in the current financial year. Betting on the sale of refurbished smartphones and electronic devices, Xtracover founder and CEO Soumitra Gupta told PTI that it has clocked a revenue of over Rs 100 crore [...]
State-owned power giant NTPC has invited bids for raising term-loan of up to Rs 5,000 crore, which would be utilised for capital expenditure for ongoing or new electricity generation capacity addition projects. "Proceeds of the loan shall be utilised towards capital expenditure for ongoing/new capacity addition programme, including the takeover of projects, renewable energy projects, [...]
A Delhi court on Thursday dismissed the bail applications of the National Stock Exchange’s (NSE) former boss Chitra Ramkrishna and group operating officer Anand Subramanian in the co-location case. Denying the relief, Special Judge Sanjeev Aggarwal said there was no sufficient ground to grant them bail. The court reserved its order after hearing arguments from [...]
New Delhi, May 12 (PTI) Crude oil futures on Thursday dropped by 1.57 per cent to Rs 8,027 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for May delivery fell by Rs 128 or 1.57 per cent to Rs 8,027 per barrel with a business volume [...]
