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Tech Cuts Mishandled Bag Rates by 23%, But $6.3 Billion Cost Persists: SITA

Mumbai, July 1 -- With net profit averaging just $8 per passenger, one mishandled bag erases the profit from more than 30 seats sold, while five can wipe out the profit of an entire flight, according ... Read More


SK Sinha Appointed Director Finance at GAIL, Bringing Three Decades of Expertise

Mumbai, July 1 -- In a long career, Sinha has played a pivotal role in strengthening GAIL's financial systems, enhancing investor engagement, and driving strategic financial decision-making. SK Sinha... Read More


PFC-REC Merger Scheme Approved by Boards, Creating Rs.11 Trillion Power Financing Giant

Mumbai, June 29 -- Once completed, the merger will strengthen India's ability to finance large-scale power and renewable energy projects through a unified, globally competitive institution. The board... Read More


HyperNext to Deploy Kirloskars Optiprime Systems for India's First 800VDC Data Centres

India, June 29 -- Kirloskar Oil Engines Ltd (KOEL), one of India's leading power generation manufacturers, has secured a landmark order from HyperNext, a hyperscale data centre builder and operator. T... Read More


PFC-REC Merger Scheme Approved by Boards, Creating Trillion Power Financing Giant

India, June 29 -- Once completed, the merger will strengthen India's ability to finance large-scale power and renewable energy projects through a unified, globally competitive institution. The boards... Read More


RVNL Secures 29.77 Billion NMDC Project for Advanced Iron Ore Hub in Visakhapatnam

India, June 24 -- The company will oversee the project from concept to commissioning, scheduled for completion within 42 months across a 472 hectare site. The railway infrastructure major, Rail Vikas... Read More


India Clears LNG Diversification Test Amid West Asia War and Hormuz Closure.

India, June 23 -- Even as the Strait of Hormuz reopens to restore energy flows and bolster market confidence, normalisation and inventory recovery will take longer, a new S&P analysis has noted. Indi... Read More


REC Posts Record Rs.162.8 Billion Profit, Declares Highest Dividend

Mumbai, April 28 -- The company's net worth strengthened to Rs.842.9 billion by March 31, 2026, compared with Rs.776.4 billion a year earlier, reflecting a 9 per cent rise. Despite global macroeconom... Read More