NEWS

EaseMyTrip suspends Maldives flight bookings amid diplomatic tensions

EaseMyTrip suspends Maldives flight bookings amid diplomatic tensions

08 Jan 2024

In a bold move showcasing solidarity with India, EaseMyTrip has announced the suspension of all flight bookings to the Maldives.

Gail and Vitol sign 10-year LNG supply contract

Gail and Vitol sign 10-year LNG supply contract

08 Jan 2024

Gail (India) Limited and Vitol Asia Pte Ltd on Friday announced the signing of a long term LNG supply contract, under which the Switzerland-based Dutch trading company will supply a million tonnes of LNG

COSCO halts shipments to Israel amid Red Sea disruptions

COSCO halts shipments to Israel amid Red Sea disruptions

08 Jan 2024

In a recent development, Chinese shipping giant COSCO has decided to suspend its crucial shipping services to Israel, according to a report by the Israel financial news website, Globes, on Sunday, 7 January 2024.

Vietnam EV maker VinFast to invest up to $2 bn in India facility

Vietnam EV maker VinFast to invest up to $2 bn in India facility

07 Jan 2024

Vietnamese electric vehicle maker VinFast has announced plans to invest up to $2 billion for setting up an integrated manufacturing facility in India

Freight rates soar as shipping companies skip Red Sea lanes

Freight rates soar as shipping companies skip Red Sea lanes

07 Jan 2024

Shipping rates between Asia and the West have soared on reduced freight capacity as shipping companies change route amidst rising attacks on merchant ships in the Red Sea region.

Isro successfully tests Si-Gr, hydrogen fuel cell batteries on-flight

Isro successfully tests Si-Gr, hydrogen fuel cell batteries on-flight

07 Jan 2024

The Indian Space Research Organisation (Isro) on Monday (1 January 2024) simultaneously tested a high density graphite-silicon cell and a hydrogen fuel cell based power system on board PSL-C58 flight

Isro inserts Aditya-L1 into its halo orbit destination

Isro inserts Aditya-L1 into its halo orbit destination

07 Jan 2024

Indian Space Research Organisation (Isro) today announced the successful insertion of its dedicated solar observation spacecraft, Aditya-L1, into its final destination,

TPEM launches its first Pure EV product, Punch.ev

TPEM launches its first Pure EV product, Punch.ev

06 Jan 2024

Tata Passenger Electric Mobility (TPEM), the EV arm of Tata Motors, on Friday launched Punch.ev, its first offering under the advanced `Pure EV’ architecture – acti.ev (active)

India’s real GDP seen growing at 7.3% in the current fiscal

India’s real GDP seen growing at 7.3% in the current fiscal

06 Jan 2024

India’s economy is expected to grow at a robust 7.3 per cent in the current financial year (April-March 2023-24) against the 7.2 per cent growth in the previous financial year (April-March 2022-23)

Grasim to issue rights shares at Rs1,812 each to raise Rs4,000 cr

Grasim to issue rights shares at Rs1,812 each to raise Rs4,000 cr

05 Jan 2024

Grasim Industries Limited, the flagship company of the Aditya Birla Group, has come out with a rights issue to raise about Rs4,000 crore.

American Tower sells its India business to Canada’s Brookfield in a $2.5 bn deal

American Tower sells its India business to Canada’s Brookfield in a $2.5 bn deal

05 Jan 2024

American Tower Corp (ATC) has agreed to sell its India operations to Canadian buyout firm Brookfield in a deal worth around Rs21,000 crore ($2.5 billion) in total.

Isro to launch ESA’s solar probe mission Proba-3

Isro to launch ESA’s solar probe mission Proba-3

05 Jan 2024

European Space Agency (ESA) has selected Indian Space Research Organisation’s Polar Satellite Launch Vehicle (PSLV) to deploy its experimental Project for On-Board Autonomy-3 (PROBA-3) mission.

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