INDUSTRY NEWS

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Indian stocks edge higher in lackluster trade; ITC up 3%

Maharashtra Govt unveils policy to promote e-vehicles: Report  -   26/09/2018 11:13
C hief Minister Devendra Fadnavis has said that the Maharashtra government has adopted a policy to promote electric vehicles and plans to bring Rs 25,000-crore investment for their manufacturing. He said the government is encouraging use of electric vehicles by its departments. Fadnavis was spea...
Blue Ray Aviation, PSA form JV for flight training  -   26/09/2018 10:01
B lue Ray Aviation has said that it has taken on board US flight training institute Pacific States Aviation (PSA) for setting up a training facility for pilots, engineers and ground staff in Mehsana district of Gujarat at an initial investment of Rs 25 crore. The two partners signed a memorandum o...
No payment from JICA for bullet train project pending: NHSRCL  -   26/09/2018 10:00
N ational High Speed Rail Corporation Limited (NHSRCL) has said that no payment from Japan International Cooperation Agency (JICA) for India's bullet train project is pending. Commenting on the issue, NHSRCL, the nodal agency for the Mumbai-Ahmedabad corridor, said it is committed to care of the i...
RBI slaps Rs 1 lakh fine on Tadpatri Co Town Bank  -   26/09/2018 10:00
T he Reserve Bank of India has imposed a monetary penalty of Rs 1.00 lakh on The Tadpatri Co-operative Town Bank Ltd., Tadpatri, Andhra Pradesh, for violation of Reserve Bank of India directives/instructions/ guidelines on Know Your Customer(KYC). The central bank had issued a show cause notice to...
SpiceJet unveils 2 new daily direct flights from Amritsar  -   26/09/2018 10:00
T he SpiceJet has said that it has launched two new daily direct flights from Amritsar to Bangkok and Goa. A three-member team from the SpiceJet, led by Chief Customer Service Officer Kamal Hingorani, met Punjab Chief Minster Amarinder Singh to announce the launch of the new flights from the Sri Gu...
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