NEWS

Hewlett-Packard Enterprise in advanced talks to acquire Juniper Networks in $13 billion deal

Hewlett-Packard Enterprise in advanced talks to acquire Juniper Networks in $13 billion deal

09 Jan 2024

Hewlett-Packard Enterprise (HPE) is currently engaged in discussions to acquire Juniper Networks in a deal estimated at approximately $13 billion, as disclosed by sources on Monday, 8 January 2024.

ONGC starts oil production from deep water KG basin block

ONGC starts oil production from deep water KG basin block

09 Jan 2024

State-owned oil and natural gas explorer, Oil and Natural Gas Corporation (ONGC), on Monday (8 January) announced the start of production of "First Oil" from the deep-water block in Krishna Godavari (KG) basin, in the East Coast of India.

Tata Power to invest Rs70,000 cr in wind and solar units in Tamil Nadu

Tata Power to invest Rs70,000 cr in wind and solar units in Tamil Nadu

09 Jan 2024

Tata Power on Sunday announced plans to set up solar and wind power units of a combined 10 Gigawatt generation capacity in Tamil Nadu, at an estimated cost of Rs70,000 crore. The investment is likely to be made over the next 5-7 years, Praveer Sinha, chief executive officer of Tata Power said.

Boeing's 737 Max 9 incident raises safety concerns and prompts grounding

Boeing's 737 Max 9 incident raises safety concerns and prompts grounding

08 Jan 2024

An emergency landing of an Alaska Airlines Boeing 737 Max 9 in Portland, Oregon, USA, has prompted the Federal Aviation Administration (FAA) to order inspections, affecting about 171 planes owned by Alaska, United, and other carriers.

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)

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