Adani Ports and Special Economic Zone Ltd (APSEZ) said its flagship Mundra port created another record by welcoming the largest container ship calling at an Indian port. MSC Anna is a massive ship with a total length of 399.98 m (approximately the length of four football fields) and a staggering capacity of 19,200 TEUs (twenty-foot equivalent units), making it the world’s largest largest container ship in terms of capacity to have ever visited a ship. Indian port, APSEZ said in a press release.
Veranda Learning Solutions has partnered with the Karnataka Skill Development Corporation to launch upskilling programs in the neighboring state, the city-based company said. Publicly listed Veranda Learning Solutions was launched by Chennai-based Kalpathi AGS Group in 2018.
RVNL emerged as the lowest bidder L1 for the ₹187 crore metro station project for construction of six metro stations.
Reliance Industries has sought approval from the Competition Commission of India (CCI), fair trade regulator, for the $8.5 billion merger of Viacom18 and Star India Pvt Ltd (SIPL). “The proposed transaction seeks to bring together the entertainment businesses (as well as certain other identified businesses) of Viacom18, part of the Reliance Industries Ltd (RIL) group, and SIPL, wholly owned by The Walt Disney Company.
GAIL (India) Ltd’s first green hydrogen plant at Vijaipur in Madhya Pradesh has been commissioned. The 10 megawatt proton exchange membrane electrolyser for the green hydrogen production unit at the Vijaipur complex has been imported from Canada.
Stock exchanges have imposed a cumulative fine of ₹34 lakh on oil refining and fuel marketing giants Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL), explorers Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), gas utility GAIL and refiner Mangalore Refinery and Petrochemicals Ltd (MRPL) for not meeting registration requirements in the January-March quarter, according to documents filed on the stock exchange.
Hero MotoCorp said the company’s tax claim has been reduced from ₹604.87 crore to ₹177.96 crore for assessment years 2013-14 to 2017-18 and 2019-20 and the company has filed appeal against this decision. The company had filed tax rectification applications in respect of reassessment orders dated March 30, 20.24 for assessment years 2013-14 to 2017-18 and 2019-20.