Industry-The Economic Times 6 April 2018

Dust storm, rain forces 24 flight diversions

There have been 24 diversions...delay numbers will be ascertained only post mid night tonight, said a Delhi airport source.

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Reliance subsidiary moves Delhi High Court seeking attachment of DMRC accounts

The money was to be deposited in an escrow account maintained with the banks which had loaned money to DAMEPL for the Airport Express line project.

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AccorHotels to strengthen presence in India with its existing brands

The French group at present has 48 hotels spread across nine brands in the country with a total of 8900 rooms. The group has 28 brands globally.

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BMB surpasses CEA's generation target by 16 per cent

BBMB surpassed the generation target of 9360 million units fixed by the Central Electricity Authority (CEA) for the year 2017-18 on 27th January.

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Bank of Baroda raises benchmark lending rate by 0.1%

The bank has raised marginal cost of funds based lending rate (MCLR) by 0.1 per cent to 8.40 per cent for 1-year tenure, BoB said in a statement.

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On-the-block Air India looks to renew flying permit

A senior official at the disinvestment-bound national carrier said that the DGCA has already renewed the Scheduled Operator Permit of Air India's international budget arm Air India Express.

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Binani Cement operational creditors reject Dalmia's offer to pay Rs 151-crore dues

A group of OCs has already moved an intervention petition at the NCLT accusing the RP of ignoring their interest and seeking their involvement in the settlement proceedings.

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RBI officials asked by CBI to provide 'clarity' on policy matters: Sources

RBI sources said its officials are routinely "consulted" by other probe agencies and regulators to provide "clarity" on banking and other related policy matters under the central bank's domain.

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Former RBI deputy governor HR Khan being questioned by CBI over PNB scam

He was the deputy governor from 2011-2016. Khan was handling internal debt management, external investment and exchange control.

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Some PSU banks can be privatised, though time is not right now: SBI Chairman Rajnish Kumar

The time, though, is not right at present, because these banks would need time to be strengthened and one has to put behind the turmoil in the banking sector, said

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Honda Grazia crosses sales of 100,000 units

"The phenomenal response from young urban customers reaffirms that more and more upwardly mobile youth who desired an advanced, stylish, powerful and convenient scooter are now buying GRAZIA,” said HMSI's Yadvinder Singh Guleria.

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Railway catering services in trains, stations to attract 5% GST

The Finance Ministry has written to the Railway Board on March 31 about the 5 per cent rate to remove any doubt or uncertainty in the matter.

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Wind power tariff firms at Rs 2.5/unit in SECI auction

Wind energy tariffs had reversed their downtrend in February auction to quote at Rs 2.44/unit against all-time low of Rs 2.43/unit in an auction conducted by Gujarat Urja Vikas Nigam Ltd December last year.

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Dabur completes acquisition of 2 personal care products firms in South Africa

The company had last year announced that it will acquire the two personal care products companies in South Africa for a total cash consideration of 50 million rands (about Rs 25 crore).

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Times OOH initiates remote, real-time monitoring of BQS media lighting

Times OOH has set up an automated real-time monitoring system to track the lighting of ad panels and state of emergency lights on 26 BQS bus queue shelters ...

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