DGCA amends rules, airlines to reimburse up to 75% of ticket cost to flyers if downgraded involuntarily

New Delhi (IANS) Aviation regulator Directorate General of Civil Aviation (DGCA) on Wednesday amended rules on facilities to be provided to passengers by airlines due to denied boarding, cancellation of flights and delays in flights.

The amendment…

Action plan introduced to accelerate PM Gati Shakti scheme's progress

New Delhi (IANS) An action plan was introduced to accelerate the PM Gati Shakti scheme's progress in the meeting of the Group of Infrastructure Committee on Tuesday to address existing inter-ministerial issues with regard to implementation of…

Ukraine crisis, Europe slowdown: TN textile industry seeks export incentives in Union budget

Chennai (IANS) The textile industry of Tamil Nadu has sought export incentives and additional credit support in the budget for 2023-24 of the Union government to be presented in Parliament on February 1.

The Tiruppur textile industry which…

5G IoT connections to surpass 100 mn globally by 2026: Report

New Delhi (IANS) The global 5G IoT (Internet of Things) connections will reach 116 million by 2026, rising from just 17 million in 2023, a new report said on Tuesday.

According to Juniper Research, the healthcare sector and smart city services…

Deeptech battery startup Log9 raises $40 mn, aims global footprint

Bengaluru (IANS) Deep-tech battery startup Log9 on Monday said it has raised $40 million as a part of its Series B funding, in a mix of equity and debt led by Amara Raja Batteries Ltd and Petronas Ventures.

Log9, backed by its recent series…

Rupee falls against dollar again

Chennai (IANS) The Indian rupee came down against the US dollar on Monday, crossing the Rs 81 mark vis-a-vis a dollar.

The rupee had closed at just over Rs 81 on Friday.

On Monday, the Indian currency opened at Rs 80.92 at the interbank…

India on top gear in its drive to achieve ambitious 2030 milestones

New Delhi (IANS) Despite some initial hiccups, the EV penetration in India is slowly but steadily increasing, especially in the e-scooter segment. Now, the four-wheeler manufacturers have also joined the bandwagon, pushing Indias aim to significantly…

Pre-budget rally seems likely after last week's moves

It was a tough week at the bourses and the benchmark indices gained on two of the five trading sessions. They ended with small gains for the week even though Dow had a poor showing.

BSESENSEX gained 360.59 points or 0.60 per cent to close at…

How Google-CCI fight becomes India's digital opportunity

New Delhi (IANS) The latest verdict of Supreme Court in the Google-CCI case can benefit the Indian tech and digital industry in the long run but there is a long road ahead to achieve that goal, industry experts said on Saturday.

In the ruling…

Reliance Industrial Infra logs Rs 190.43L net for Q3

Chennai (IANS) Reliance Industrial Infrastructure Limited on Friday said it logged a net profit of Rs 190.43 lakh for the third quarter of FY23.

The company in a statement issued said for the period ended December 31, 2022 its total income…