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Air India flight forced to land in Jaipur after technical problem suspected in landing gear

Air India flight forced to land in Jaipur after technical problem suspected in landing gear

An Air India flight from Delhi to Ahmedabad carrying 103 passengers was forced to land in Jaipur after a suspected problem in its landing gear. The Airbus 321, which left Delhi at 6 AM, landed in Jaipur after a technical problem was suspected in its landing gear, officials said. Another aircraft was sent from Delhi take the passengers on their onward journey and the flight reached Ahmedabad at 9 AM.

ONGC to hunt for gas in Himachal's Kangra valley

ONGC to hunt for gas in Himachal's Kangra valley

Oil and Natural Gas Corporation plans to search for oil and gas in Himachal Pradesh's Kangra valley early next month, ONGC officials said.

The spot chosen for drilling is Surani, about 10 km from the temple town of Jwalamukhi.

Cut gas from non-priority areas for retail needs: Govt to Gail

Cut gas from non-priority areas for retail needs: Govt to Gail

NEW DELHI: The government has ordered state gas utility GAIL India Ltd to cut natural gas supplies of non- priority sectors like steel and petrochemicals so as to meet full requirement of CNG retailers like Indraprastha Gas Ltd.

The petroleum ministry in an order today said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution (CGD) entities for CNG and piped cooking gas sector.

BSNL loses over 21 lakh users in June

BSNL loses over 21 lakh users in June

NEW DELHI: BSNL lost over 21 lakh wireless subscribers in June as the state-run telecom company cleaned up its base of non-active users.

According to the figures released by sectoral regulator Trai, BSNL lost 21.40 lakh subscribers in June and its user base has shrunk to 8.94 crore at the end of month.

Cheapest car tag hit Tata Nano: Creator

Cheapest car tag hit Tata Nano: Creator

NEW DELHI: Girish Wagh, the man behind Tata Motors' much-touted budget car Nano, has blamed "external factors" for the poor run of the vehicle, while also linking the failure to the last-minute withdrawal of the factory from Singur in West Bengal that led to delays in deliveries.

Wagh, the main architect of Nano, also feels that the tag of "cheapest car in the world" badly hit the chances of the model, which actually was meant to be a low-cost innovation.

Sebi may not relax new corporate governance norms

Sebi may not relax new corporate governance norms

Mumbai: The Securities and Exchange Board of India (Sebi) is unlikely to relax the newly framed corporate governance norms which come into effect from 1 October, even though listed companies have sought concessions on related-party transactions and the appointment of women directors, according to two people familiar with the matter.

Corporate governance norms for listed firms come under listing agreement norms of Sebi.

DDA meeting to clear 2014 housing scheme today

DDA meeting to clear 2014 housing scheme today

The Delhi Development Authority’s 2014 housing scheme will be tabled in DDA’s meeting, chaired by Lt-Governor Najeeb Jung, for clearance on Thursday. Several new clauses have been included in the scheme, which will be the biggest housing scheme to be launched by the DDA in the capital. If the scheme is approved, sale of brochures will be announced soon after.

Sell assets, take the QIP route to salvage finances, lenders tell Lanco Infratech

Sell assets, take the QIP route to salvage finances, lenders tell Lanco Infratech

A 27-bank consortium, led by IDBI bank, has asked loss-making Lanco Infratech to sell more assets or raise capital through the qualified institutional placement (QIP) route to salvage its finances.

Recently, in the largest deal yet in the thermal power sector, Lanco Infratech had sold its 1,200-megawatt (MW) Udupi power plant to debt-laden Adani Power, part of the Adani Group, for R6,000 crore.

BSE Sensex rises 56 points in early trade

BSE Sensex rises 56 points in early trade

The benchmark BSE Sensex recovered over 56 points in early trade today on emergence of buying by funds and retail investors amid a mixed trend in global markets.

The 30-share index rose 56.30 points, or 0.21 per cent, to 26,370.59 with sectoral indices, led by consumer durables, IT, oil & gas, realty and auto gaining up to 1.95 per cent.

Mahindra & Mahindra launches new tractor platform after 14 years

Mahindra & Mahindra launches new tractor platform after 14 years

Mahindra & Mahindra (M&M) – the country's biggest tractor maker - launched a new tractor platform almost after 14 years catering to the 50-60 horsepower (hp) and above category.

The product was developed for over 3 years and the company invested about Rs 300 crore with inputs from over 100 engineers.

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