The Union government's ambitious Rs 90,000 crore plan to inject liquidity for electricity distribution companies has been a non-starter as state governments are reluctant to extend guarantees on loans given to such discoms due to their own precarious financial condition.
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The Maharashtra government has put on hold three major agreements signed with Chinese companies at the recently concluded Magnetic Maharashtra 2.0 investor meet, officials said....
India's global tourist destination Taj Mahal, which witnessed a daily footfall of thousands of people, now stands secluded after it was shut to the public exactly three months ago due to the COVID-19-induced lockdown....
Delayed by Covid-19 outbreak, the listing process o f power PSUs' joint venture EESL is expected to commence by the end of the current or the start of next fiscal year....
Consumers are unlikely to get respite from the rising price of auto fuels -- petrol and diesel as oil companies plan to cover their entire gap of around Rs 8 per litre on sale of the two petroleum products by raising retail prices daily for at least next two weeks....
The state-owned Oil India Ltd (OIL) lost 638 MT of crude oil production from 66 producing wells and 0.46 MMSCMD of natural gas from three gas wells due to blockades by the local people and various students organisations in two districts of Assam, an OIL official said....
In order to provide jobs to the local population, Tamil Nadu Chief Minister K. Palaniswami has written to the global heads of five consumer goods makers to invest in the state....
