Industry-The Economic Times 1 April 2018

Western Coalfields sees record 46.22 mt production in FY18

Growth in production in consecutive years was possible because of opening of 19 projects during last three years which added to more than 27 mt during 2017-18.

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Kishore Biyani-led Future Group in talks for setting up food park in Assam

Biyani who in Guwahati on Sunday told ET, “I had talked to the chief minister Sarbananda Sonowal and we are planning to come up with Food Park and flour mill.”

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Gail arm to invest Rs 3,000 cr in Dabhol terminal to double capacity to 10 mt

Konkan LNG, a 100 per cent subsidiary of Gail, had on March 30 received the first 1.2 lakh tonne shipment of the 5.8-mt LNG contracted from the first-ever long-term agreement with the US.

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Fearing spike in NPAs, NBFCs & HFCs help realtors sell better

According to a recent report, NBFCs and pure-play mortgage lenders have an exposure of a whopping Rs 2.2 trillion of the Rs 4 trillion developer loans market.

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Ratnagiri refinery: Dharmendra Pradhan says open to offer majority stake

Saudi Aramco has reportedly sought majority stakes in the refinery-cum-petrochemical complex for which Indian Oil, Bharat Petroleum and Hindustan Petroleum have inked an agreement.

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Highest-ever freight load of 1,160 MT transported in 2017-2018: Rlys

While in 2016-2017, the total freight loading was 1,109 million tonnes, in the previous year it was 1,104 million tonnes, the officials said.

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CBI files Rs 19cr UCO bank fraud case

The Central Bureau of Investigation filed the FIR on March 29 naming five persons, including former UCO Bank Jayanagar's Branch Manager K.R. Saroja.

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Tata Steel achieves highest ever annual sales, grows 11%

Tata Steel said it "achieved highest-ever annual sales of 12.13 million tonnes in 2017-18 and registered a growth of 11 per cent".

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Textile exports likely to miss $45bn target for FY18

"At best, we will come close to USD 40 billion," CITI (Confederation of Indian Textile Industry) President Sanjay Jain told , terming it a "disappointing year".

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Oil Min asks regulator to resolve conflict in GAIL

GAIL (India) Ltd owns and operates about 11,000-km of natural gas pipelines in the country. It sells around 60 per cent of natural gas in the country.

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Tata Motors PV sales grow 31% in March

Cumulative sales of passenger vehicles in the domestic market for the entire fiscal year (2017-18) grew by 22% to close at 187,321 units compared to 153,151 unit recorded the previous year.

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There will be 'zero tolerance' on air safety issues: Suresh Prabhu

The civil aviation minister's remarks came against the backdrop of aviation watchdog DGCA grounding 14 A320 neo planes, operated by IndiGo and GoAir, due to problems with their Pratt & Whitney engines.

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Coal India sets 20 GW solar power generation target in next 10 yrs

Government-owned miner Coal India Ltd is planning to generate about 20,000 megawatt in the next 10 years as part of its diversification plan.

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Whoever buys Horlicks must reckon with better informed consumers in a Rs 7,000 crore market

When brands like Horlicks and Complan were talking to mothers of the world, PediaS ure smartly took a different route to reach the moms: paediatricians.

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Petrol price hits 4-yr high, diesel at highest level

State-owned oil firms, which have been since June last year revising auto fuel prices daily, today raised petrol and diesel rates by 18 paise per litre each in Delhi, according to a price notification.

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