Chennai, June 25 (IANS) Tamil Nadu Electricity Minister C.T.R. Nirmal Kumar on Thursday released a white paper detailing the financial status of the Tamil Nadu Electricity Board (TNEB), revealing that the state’s power sector has accumulated an outstanding debt of Rs 2.47 lakh crore. Despite the mounting financial burden, the minister assured consumers that electricity tariffs would not be increased during the current year.The white paper, released at the TNEB headquarters in Chennai, presents a…
Latest Operational Efficiency News & Updates
New Delhi, June 9 (IANS) Public sector banks (PSBs) are increasingly embracing artificial intelligence (AI) and are keen to adopt next-generation technologies to improve customer service, operational efficiency and risk assessment, Arundhati Bhattacharya, President and CEO, Salesforce India and South Asia, said on Tuesday.In an interaction with IANS, the former State Bank of India (SBI) chairperson said public sector lenders have recognised the need to adapt to rapid technological changes and ar…
New Delhi, May 16 (IANS) The Delhi government on Saturday announced a major reduction in Value Added Tax (VAT) on Aviation Turbine Fuel (ATF), bringing the levy down from 25 per cent to 7 per cent in a move aimed at easing operational costs for airlines and providing relief to air passengers.According to the Chief Minister’s Office, the decision is expected to lower fuel expenses for carriers operating from the national capital and help improve the overall viability of airline operations.“De…
Amaravati, March 25 (IANS) In a major relief to electricity consumers across Andhra Pradesh, the Andhra Pradesh Electricity Regulatory Commission (APERC), on Wednesday, approved no increase in electricity tariffs for 2026–27. The state government said that the APERC’s decision reaffirms its commitment to protecting households, farmers, and small businesses from rising power costs.The Commission’s order also includes the true-up/down and performance review of DISCOMs for 2024–25, following an…
Madurai, March 19 (IANS) Rail safety in Tamil Nadu is set for a major boost as the Southern Railway moves forward with the implementation of the Kavach Train Collision Avoidance System on the Tiruchy-Tirunelveli corridor.The project, aimed at preventing accidents through advanced automatic protection technology, has received approval with an estimated outlay of Rs 110.78 crore. The development comes to light through a Right to Information (RTI) query filed by railway activist Dayanand Krishnan, …
Ahmedabad, Dec 22 (IANS) Ambuja Cements, part of the Adani Group, on Monday said it has received approval for two separate schemes of amalgamation from its Board of Directors — to merge ACC Limited and Orient Cement Limited — thus establishing a single consolidated ‘One Cement Platform’. This consolidation is a major step for Adani Group’s cement business, creating an integrated and stronger entity with greater scale, efficiencies, and financial strength.“This consolidation represent…