The GMR group which is operating Rajiv Gandhi International Airport (RGIA) here will be investing over Rs 500 crore in a Rs 5000 crore metro rail link project being proposed by the Telangana government for connectivity to the aerodrome from various parts of the city.

According to a consultation paper on the tariff revision for the third control period (April 2021 to March 2026) proposed by GMR Hyderabad International Airport Ltd, issued by Airports Economic Regulatory Authority the aerodrome operator will be investing Rs 519.52 by 2024.

State-owned CIL on Wednesday said it has begun the process of retrofitting LNG kits in its dumpers -- big trucks engaged in transportation of coal, a move that will help the PSU to save around Rs 500 crore annually.

In a big push to reduce its carbon footprint, national miner Coal India Ltd (CIL) has initiated the process of retrofitting Liquefied Natural Gas (LNG) kits in its dumpers, the company said in a statement.

Bharti Airtel Ltd' planned $ 2.8 billion equity issuance will improve its net leverage to around 2.0x (end-March 2021: 2.1x) and provide funds to strengthen its market position, according to Fitch Ratings.

Bharti will raise equity in three tranches, a quarter of the proceeds to be received upfront and the balance in two instalments within three years.

Bajaj Auto on Wednesday reported a 5 per cent increase in total sales at 3,73,270 units in August 2021.

The company had sold a total of 3,56,199 units in the same month last year.

A day after completing the troops' withdrawal process from Afghanistan, US President Joe Biden said ending the 20-year war was the best and the 'right' decision for America. He said that there was no reason to continue in a war that was no longer in the service of the 'vital national interest' of the US.

Addressing from the White House, Biden on Tuesday said, I give you my word: With all of my heart, I believe this is the right decision, a wise decision, and the best decision for America.

Amid declining COVID-19 cases in the country, Indian Medical Association (IMA) president Dr JA Jayalal said on Tuesday (August 31) that the coronavirus risk is quite negligible at the moment and it is the right time for the government to reopen the schools.

Considering possibility of spread, the risk is quite negligible at this moment unless some very catastrophic events take place. It’s the right time when government should come forward and take a calculated risk and open the schools in an appropriate way, he told news agency ANI.

Senior Congress leader P Chidambaram on Wednesday said it is too premature to congratulate ourselves over the UN Security Council adopting a resolution on Afghanistan, and cautioned that the possible axis of China, Pakistan and Taliban-controlled Afghanistan is a cause for worry.

His remarks came after the UN Security Council, under India's Presidency, adopted a strong resolution demanding that the territory of Afghanistan not be used to threaten any country or shelter terrorists and that it expects the Taliban will adhere to commitments made by it on regarding the safe and orderly departure from the country of Afghans and all foreign nationals.

Nine new judges, including three women, were on Tuesday administered oath of office as judges of the Supreme Court, taking its strength to 33.

It is for the first time in the history of the apex court that nine judges took oath of office at one go.

India has administered over 64.05 crore COVID-19 vaccine doses so far, said the Union Ministry of Health and Family Welfare on Tuesday.

As many as 59,62,286 COVID vaccine doses have been administered in the last 24 hours. With this, the country's COVID-19 vaccination coverage reached 64,05,28,644, as per provisional reports till 7 am today. This has been achieved through 68,50,464 sessions.

Reliance Industries (RIL) is looking to speed up its entry into the new materials and renewable energy business through fresh acquisitions. RIL Chairman Mukesh Ambani had announced that the company will be going global under its new energy business during the 44th Annual General Meeting in June this year.

RIL is believed to be closing in on a deal to buy out the REC Group, a Norway-headquartered solar module maker with links to the Chinese government-owned China National Chemical Corporation (ChemChina). The deal with RIL is estimated at around $ 1.2 billion.

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