New Delhi: Rosneft-backed Nayara Energy Ltd has announced an investment of ₹600 crore to establish two ethanol plants in Andhra Pradesh and Madhya Pradesh, each with a production capacity of 200 kilolitres per day. The move, in line with the government's 2025 ethanol-blending target, will help the oil-refining to fuel-retailing major achieve vertical integration, the company said in a statement.
Open Flip
A group representing major U.S. airlines forecast record summer travel with carriers expected to transport 271 million passengers, up 6.3%.Airlines for America said Tuesday that U.S. carriers plan to fly more than 26,000 daily flights this summer, up nearly 1,400 over 2023, or 5.6%, when they carried 255 million passengers.
Open Flip
Repco Home Finance has reported a growth of 31.63 per cent in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 108.07 crore in Q4 FY24 as against Rs 82.10 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at Rs 397.19 crore.
Open Flip
