IIT Bombay launches e-Yantra Innovation Challenge, winning teams to get seed funding from prize pool of Rs 1 cr. Details
Medilytix Bureau: According to IIT Bombay, this year’s theme gives young minds a platform to seek solutions for a better and more inclusive living experience for the urban populace. It…
India’s electric vehicle boom is built on mopeds and rickshaws, not Teslas
Medilytix Bureau:In the United States, luxury-car buyers are snapping up Teslas and other electric cars that cost more than $60,000, and even relatively cheap models cost more than $25,000. In…
Reliance-BP to get ‘Ruby’ from South Korea to ramp up domestic gas production
Medilytix Bureau: Reliance-BP CEO Bernard Looney informed that Ruby, a floating production storage and offloading vessel destined for Reliance Industries Ltd NSE 0.93 %’s MJ deep-water oil and gas development…
As new stations open, Kochi Metro ridership nearing one lakh
Medilytix Bureau: With the Kochi Metro extending its services to SN Junction from Thursday, the daily ridership is on the rise. According to Kochi Metro officials, the ridership crossed 80,000…
Petronet to invest Rs 40,000 crore in 5 yrs
Medilytix Bureau: Petronet LNG NSE -0.92% Ltd, India’s biggest gas importer, will invest Rs 40,000 crore in the next five years for expanding import infrastructure as well as foraying into…
Mahindra Lifespace expects over 2.5-fold rise in bookings soon
Medilytix Bureau: Realty firm Mahindra Lifespace Developers is targeting a 2.5-fold jump in its annual sales bookings to Rs 2,500 crore in the next three years on better housing demand,…
Nearly 25 GW solar projects in the lurch, say experts
Medilytix Bureau: At least 25 GW of solar power projects face delays or uncertainties due to an increase in module prices or supply constraints, according to industry officials. The cost…
PM Modi lays foundation stone of Kochi Metro Phase-II, flags off other projects
Medilytix Bureau: Prime Minister Narendra Modi on Thursday laid the foundation stone of Kochi Metro Phase II and the Indian Railways dedicated the project to the nation. During his two-day…
SpiceJet loss widens to Rs 789 crore in June quarter; plans to raise $200 mn
Medilytix Bureau: SpiceJet, which is facing headwinds, on Wednesday reported widening of net loss to Rs 789 crore in the June quarter as high fuel prices and rupee depreciation adversely…
Air India to have systems to proactively alert fliers about flight changes, delays
Medilytix Bureau: Air India will put in place new systems to proactively alert fliers about changes or delays in flight schedules and also set up a coordination team to address…