State-owned oil marketing companies (OMCs) reducing the price of aviation turbine fuel (ATF) by 10.90 per cent in New Delhi could come as a breather to the stressed airlines industry but may not lead to any significant tariff reduction for travellers. According to Santosh...

Struggling to keep it afloat in the wake of a dismal financial performance in the last three quarters, Jet Airways is withdrawing its flight services on as many as seven Gulf routes from this month, a source said. The Naresh Goyal-controlled airline will not...

The Logistics Data Bank (LDB) project was launched in the Kolkata Port Trust (KoPT) on Saturday, which aims to track cargo on a real-time basis. The project was unveiled in July 2016 to make India’s logistics sector more efficient through the use of information...

Avvashya CCI Logistics Pvt Ltd (ACCI), a unit of Mumbai-listed Allcargo Logistics Ltd, is venturing into the United Arab Emirates (UAE) and Kenya as part of a larger plan to expand overseas, a top company official has said. The company has drawn up a...

India’s first locomotive-less less train, known as Train 18, breached the 180 kmph speed limit during a test run on Sunday, a senior railway official said here. When this Rs 100-crore indigenously designed train is made operational, it will become the country’s fastest train....

The Centre has started the process of selling Air India Transport Limited (AITSL), a 100 per cent subsidiary of Air India. The ministerial panel cleared a proposal for the sale of AITSL on Tuesday, as it approved the Expression of Interest and Preliminary Information...

Sun Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), and SmartE, an EV fleet operator, have entered into a partnership for providing battery swapping service. The two companies will leverage their expertise in product and solution to drive convenient,...

Noida-based start-up EV Motors India, provider of infrastructure solutions for E-mobility, plans to raise $200 million in the next five years to build a network of over 6,500 electric vehicles (EV) charging outlets. The first such outlet under the name “PlugNgo” was inaugurated by...

The state-run Container Corporation of India Ltd (CONCOR) has picked Vishwa Samudra Coastal Lines Ltd to launch coastal shipping services from January, seeking to benefit from the impetus given by the government to the waterway mode to decongest the road and rail network. Vishwa...

The government is reviewing airlines’ decision to charge passengers for selection of any seats during web check-in as it looks to ascertain whether the move violates existing rules. While the Ministry of Civil Aviation (MoCA) on Monday did not specifically mention any airline, IndiGo...