PM Modi lays foundation of 50 MW LNG-based power project in Andaman
Minister Narendra Modi on Sunday laid the foundation stone of 50 MW
LNG-based power project at Hope Town in South Andaman, the Power
Ministry said.The PM also inaugurated two projects on clean cooking and
electric mobility in the Andaman and Nicobar Islands, the ministry said
in a statement.
Banks recover Rs 40,400 crore from defaulters in FY18: RBI
have seen a significant improvement in recovery of stressed assets
helped by the Insolvency and Bankruptcy Code (IBC) and amendments in the
Securitisation and Reconstruction of Financial Assets and Enforcement
of Security Interests (SARFAESI) Act, during FY18, according to the RBI
data.In the fiscal ended March 2018, banks recovered Rs 40,400 crore
worth of bad loans as against Rs 38,500 crore recovered in FY17.
Jet Airways in talks with SBI for Rs 1,500 crore short-term loan
carrier Jet Airways is in discussions with the State Bank of India for
raising Rs 1,500 crore short-term loan to meet its working capital
requirement and some payment obligations, a source said. Jet Airways
strategic partner and Middle-east carrier Etihad, which holds 24 per
cent stake in the Indian full-service carrier, is likely to provide a
guarantee for the loan, he said.
iPhone battery replacement: Last day to get new Apple battery for Rs 2,000
is the last day to get your iPhone battery replaced. Earlier last year,
Apple dropped old iPhone battery replacement prices around the world,
including India. The offer lasts until December 31, 2018, which means
today is the last day when old iPhone owners can replace their iPhone
battery for as low as Rs 2,000.
Air Works releasing planes without recording, rectifying defects, says DGCA audit
MRO services provider Air Works has been accused of indulging in
various malpractices including releasing planes for flights "without
recording and rectifying known defects". During an audit carried out at
the company's facilities in Mumbai, Delhi, Pune and Ahmedabad between
July and September, the regulator DGCA also found that dedicated store
inspectors had not been made responsible for the Juhu (Mumbai) and Pune
facilities, said a source.