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Guwahati airport handed over to Adani Group for operations, management

Guwahati airport handed over to Adani Group for operations, management

The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday.

Beginning the process of developing and modernising the Northeast's foremost airport, the symbolic key of the airport was handed over by Ramesh Kumar, Airport Director of the Airports Authority of India (AAI). to Utpal Baruah, Chief Airport Officer of the new airport operator at an event held midnight, a press statement said.

Piramal Ent dips 5% on profit booking on demerger plan of pharma biz

Piramal Ent dips 5% on profit booking on demerger plan of pharma biz

Shares of Piramal Enterprises were down 5 per cent to Rs 2,727.80 on the BSE in Friday's intra-day trade on profit booking after the company's board approved the demerger of the pharmaceuticals business and simplification of the corporate structure. With today;s fall, the stock has declined 9.5 per cent from its record high level of Rs 3,013 touched in Thursday's intra-day trade.

Piramal Enterprises has approved the restructuring of its business to demerge its financial services and pharmaceuticals businesses into two separate listed entities.

Energy exchange jumps 180% this year as India battles coal crisis

Energy exchange jumps 180% this year as India battles coal crisis

A bourse with a near monopoly in electricity trading in India is drawing attention as a severe coal crisis and the government’s intent to push ahead with reforms change dynamics in the nation’s power sector.

Shares of Indian Energy Exchange Ltd., whose platform is increasingly being accessed by power producers, distributors and corporates for their short-term energy needs, have soared 181% so far this year.

Tata Motors surges 12% on brokerage upgrade, strong business outlook

Tata Motors surges 12% on brokerage upgrade, strong business outlook

Shares of Tata Motors rallied 12 per cent, hitting a fresh three-year high at Rs 376.4 on the BSE on Thursday on expectation of a strong business outlook. The stock was trading at its highest level since April 2018. It surpassed its previous high of Rs 360.65 touched on June 15.

This came after brokerage Morgan Stanley upgraded Tata Motors to an overweight rating from equal-weight and raised its target price to Rs 448 from Rs 298 earlier.

Reliance Retail Ventures brings 7-Eleven to India after Future exit

Reliance Retail Ventures brings 7-Eleven to India after Future exit

Reliance Retail Ventures (RRVL), the country’s largest retailer with over 12,800 active stores, is all set to enter the fast-growing convenience store segment after it struck a crucial franchisee deal with American major 7-Eleven, Inc (SEI).

Days after 7-Eleven’s franchise deal with Future Retail (FRL) fell through, RRVL grabbed the master franchisee for the Dallas-based convenience brand for the India market, paving the way for its foray into the space.

PM Modi to launch industry body Indian Space Association on Monday

PM Modi to launch industry body Indian Space Association on Monday

Prime Minister Narendra Modi will launch the Indian Space Association, a grouping of space and satellite companies, at a virtual event on October 11, the industry body said on Thursday.

Indian Space Association (ISpA) represents homegrown and global corporations with advanced capabilities in space and satellite technologies.

Minister's son summoned, two held in Lakhimpur Kheri violence case

Minister's son summoned, two held in Lakhimpur Kheri violence case

Two people were arrested Thursday and Union minister Ajay Mishra's son asked to appear before police in connection with the Lakhimpur Kheri violence in which eight people were killed. Ashish Mishra, the minister's son who was booked for murder, has been asked to present himself before police at 10 am on Friday, a notice said.

Police identified the two arrested men as Luvkush of Banbirpur village and Ashish Pandey of Nighasan tehsil. They were earlier being questioned by police.

No UK quarantine for Covishield vaccinated Indians from October 11

No UK quarantine for Covishield vaccinated Indians from October 11

The UK government on Thursday added India to its vaccine-eligible countries list, which would mean vaccinated Indians will no long be required to quarantine on arrival from October 11.

Eligible travellers vaccinated in over 37 new countries, including India and Pakistan, will be treated the same as returning fully vaccinated UK residents, so long as they have not visited a red list country or territory in the 10 days before arriving in England, the Department for Transport said.

Lakhimpur Kheri: Priyanka reiterates demand for resignation of MoS Teni

Lakhimpur Kheri: Priyanka reiterates demand for resignation of MoS Teni

Reiterating her demand for removal of Minister of State (MoS) for Home Ajay Mishra Teni from the Union council of Ministers over the Lakhimpur Kheri incident, Congress general secretary Priyanka Gandhi Vadra on Thursday said that justice has not been served yet and she will continue to fight for it.

Justice is a right in a democracy and justice is not served yet. Every eyewitness has identified MoS Home's son and had said that he was involved in the matter. The Union minister needs to resign to ensure an unbiased investigation, she told media persons here.

Every year, Delhi breathes its worst air from Nov 1 to 15: DPCC data

Every year, Delhi breathes its worst air from Nov 1 to 15: DPCC data

People in the national capital breathe the "worst" air between November 1 and November 15 every year, an analysis of data collated by the Delhi Pollution Control Committee (DPCC) over the last five years showed.

The capital's average PM2.5 level oscillates between very poor and severe categories from October 16 to February 15.

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