Diesel
Over recent years, National Highways Authority of India (NHAI) is not ready to accommodate an increase in project costs due to which road developers are in a fix. Since a number of projects have seen a 30 per cent rise in costs such as rise in bitumen, diesel and labour expenses, besides interest rates, developers [...] Continue Reading »
Fossil India, the wholly owned subsidiary of the $3.2 billion American lifestyle brand Fossil Inc, is planning to invest Rs 25 crore in the country following regulatory approvals to set up single brand stores. Fossil is among the first batch of global lifestyle brands that got approval by the Foreign Investment Promotion Board, after the central [...] Continue Reading »
On Saturday the residents of Vadakkarai junction near Red Hills quickly brought out their pots, pans and whatever else they could find to scoop out the diesel spilling out from a diesel tanker whose valve got damaged while negotiating a speed breaker.The tanker was carrying diesel to the Andhra-Tamil Nadu border via Red Hills. It [...] Continue Reading »
