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Oberoi, Trident switch to solar power in Gurugram

EIH Limited has set up a captive solar power plant to meet electricity needs of its Gurugram properties, The Oberoi and Trident. The captive power plant in Balasar, Haryana will generate 7.5 MW of electricity to meet the energy demands of the two hotels. Spread over 25 acres, the...
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SpaceX to layoff 10% workforce

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on January 11. The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.” “To continue delivering for our customers...
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Cabinet approves listing of seven government-owned companies

The Cabinet Committee on Economic Affairs (CCEA) approved the plan to list seven public sector companies on the stock exchanges through Initial Public Offering (IPO) or Further Public Offer (FPO). These seven companies are Telecommunication Consultants (India) Pvt Ltd, Railtel Corporation India, National Seed Corporation India, Tehri Hydro Development...
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