DTC inks agreement with IGL for the supply of CNG
NEW DELHI: The Delhi Transport Corporation (DTC) on Wednesday signed an agreement with Indraprastha Gas Limited (IGL) for the supply of CNG to DTC buses and also to private vehicles in the national capital, government officials said. The agreement signed by Vijay Kumar Bidhuri, Managing Director of DTC, and A K Jana, Managing Director of […]
SpiceJet ties up with Avenue Capital for sales & lease-back of up to 50 new aircraft
NEW DELHI: Budget carrier SpiceJet on Wednesday said it has signed an initial pact with New York-based global investment firm Avenue Capital Group for financing, acquisition and sales & lease-back of up to 50 new aircraft to be ordered by the airline. The memorandum of understanding, signed between the two partners, sets out the next […]
China’s liquor company starts beer production in Balochistan; to cater to Chinese workers in Pakistan
By Sajjad Hussia ISLAMABAD: A Chinese liquor company which was granted a licence in 2018 for making beer has formally started production at its plant in Pakistan’s Balochistan province, the first such alcohol firm from China to establish its unit in the Islamic nation, according to media reports on Wednesday. Hui Coastal Brewery and Distillery […]
Volkswagen starts bookings for SUV T-Roc in India priced at Rs 21.35 lakh
NEW DELHI: German auto major Volkswagen on Wednesday commenced bookings for the second batch of its SUV T-Roc in India priced at Rs 21.35 lakh (ex-showroom) as part of its plans to launch four SUVs in the country this year. Volkswagen Passenger Cars India said customer deliveries of the T-Roc will start from May 2021. […]
Maruti Suzuki partners Karnataka Bank for vehicle financing solutions
NEW DELHI: India’s largest carmaker Maruti Suzuki India on Wednesday said it has partnered with Karnataka Bank to offer vehicle financing options for potential car buyers. The company said it has signed a Memorandum of Understanding (MoU) with the Mangaluru-headquartered private sector lender. Customers can avail the benefits across 858 branches of Karnataka Bank at […]
Andhra Pradesh government seeking new partner for steel plant
AMARAVATI: Andhra Pradesh government is scouting for a new joint venture partner to take forward the proposed steel plant in Kadapa district of the state as the UK-based Liberty Steel, supposed to be the partner, was now, according to the government, bankrupt. After one of the major lenders of the UK company went bankrupt, the […]
Farmers to march on foot to Parliament in May: SKM
NEW DELHI: The Samyukt Kisan Morcha (SKM) on Wednesday announced a slew of plans for upcoming two months to strengthen the ongoing agitation against the new farm laws, including a proposed march to Parliament on foot in May. “The Sanyukt Kisan Morcha met yesterday, and decided that the farmers will be undertaking a march to […]