The 5,230 megawatt (MW) project is being set up at a cost of USD 3 billion, the company official told PTI while informing that global steel maker ArcelorMittal has put in around USD 600 million for the project.

​​​A bench of Justices DY Chandrachud and PS Narasimha passed the order on an application filed by Interim Resolution Professional (IRP) seeking an extension of the timeline of May 22 by three months till August 28 after the agency appointed for demolition Edifice Engineering sought time.

Syed Basar Shueb, CEO and Managing Director of IHC, said, “This strategic expansion of our business aligns with IHC’s commitment to broadening and diversifying our investment portfolio. There is no doubt that this transaction will directly and positively impact India’s overarching ambition for long-term plans for clean energy”.

HDFC in association with Cogno AI has developed this solution that is built on the WhatsApp Business Platform to offer a conditional home loan approval in a couple of minutes.

Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey on Tuesday said the weak debut of the country’s largest insurer LIC on the bourses was due to unpredictable market conditions and suggested investors to hold on to the stock for long-term value.

SpiceJet has appointed Anil Singla, an aviation veteran with more than three decades of experience, as its vice president and head of Engineering. He has previously worked with aircraft maintenance company Air Works as associate vice president and Sahara Airlines as director, engineering, SpiceJet’s statement said.

“Very clearly one of our prime constituents of inflation is oil. We’ve seen the rise on the ground of oil prices resulting in petrol prices. We’ve seen the impact on inflation and this needs to be urgently addressed,” he said.

The Supreme Court on Tuesday extended deadline for demolition of Supertech’s twin towers in Noida till August 28. Supertech twin tower demolition agency, Edifice Engineering, told the SC that it would require three months deferment of May 22 demolition deadline as the test blast revealed structure is stronger than anticipated.

The partially convertible rupee was trading at 77.63/64 per dollar by 0805 GMT compared with its close of 77.45 on Friday. The rupee touched a record low of 77.7975 during the session.

The Central Board of Indirect Taxes and Customs (CBIC) said a technical glitch has been reported by Infosys in generation of April 2022 GSTR-2B and auto-population of GSTR-3B on portal.

Abu Dhabi-based global strategic investment company, International Holding Company PJSC (IHC) on Tuesday announced the completion of an investment transaction of Rs 15,400 crore (US $2 billion) in three Adani Group companies.