NEWS
Tatas, Airbus to jointly set up helicopter assembly unit in India
26 Jan 2024
Airbus Helicopters is partnering with the Tata Group to establish a final assembly line (FAL) for Airbus’ H125 helicopter in the country.
Zee abandons $1.4 bn ICC cricket rights deal with Disney Star
26 Jan 2024
Zee Entertainment Enterprises Ltd (ZEEL) has walked out of a $1.4 billion deal with Disney Star to take over broadcasting rights
MSME shipyard in Thane builds missile barges for Indian Navy
25 Jan 2024
Indian Navy on Wednesday took delivery of the first Ammunition-cum-Torpedo-cum-Missile (ACTCM) barge of the LSAM series (LSAM 19) built by Thane, Maharashtra-based private shipyard Suryadipta Projects Pvt Ltd.
CCEA approves CIL’s coal-to-gas-and-ammonia projects; incentivises coal gasification
25 Jan 2024
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Coal India Ltd’s (CIL) proposals for equity investment in a coal-to-synthetic natural gas (SNG) project
ABB to acquire DTN’s weather routing business to expand marine software portfolio
25 Jan 2024
Swedish-Swiss technology conglomerate ABB has agreed to acquire the shipping business of weather and meteorological forecasting specialist DTN
ACME signs term contract for supply of green ammonia to Japan’s IHI Group
24 Jan 2024
ACME Group, a leading renewable energy company in India, and Japanese heavy industry group IHI Corporation on Tuesday signed a long-term contract under which ACME will supply 4 lakh tonnes of green ammonia from its plant in Odisha to Japan annually.
Sensex crashes by 1,053 pts and Nifty sheds 333 pts amidst heavy selloff
23 Jan 2024
The key BSE Sensex closed at 70,370.77, down 1,053 points or 1.47 per cent from the previous close while the Nifty 50 closed with a 333 point
L&T Heavy Engineering wins 'significant' orders in domestic and overseas markets
23 Jan 2024
L&T Heavy Engineering has bagged a significant order from a key oil and gas customer in Saudi Arabia for a key debottlenecking project.
Canada announces major reduction in international student offtake
23 Jan 2024
Canada’s immigration minister Marc Miller on Monday announced plans for a reduction in international student admissions to Canadian educational institutions for the next two years.
Starlink gets DoT licence for offering broadband services in India: report
23 Jan 2024
Starlink, a communication satellite company owned by Elon Musk’s SpaceX, is reported to have received the Global Mobile Personal Communication by Satellite (GMPCS) licence
Sony calls off $10 bn merger deal with Zee Entertainment
22 Jan 2024
Sony Pictures Networks has ended its long-pending agreement for merger of its television and streaming operations in India with Zee Entertainment Enterprises
Hapag Lloyd hikes dry cargo rates from Canada to India, Middle East to $150/TEU
22 Jan 2024
German shipping group Hapag Lloyd has announced a general rate increase (GRI) from Canada West Coast to Middle East and the Indian subcontinent for dry cargo transported in 20TEU and 40 TEU containers
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