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Jet Airways, India's premier international airline, has reduced economy class fares by an average 20 per cent for select domestic and international routes under a limited period offer. The four-day fare sale, which started from December 5, 2016, will be valid for domestic travel commencing from January 5, 2017 onwards, while a flyer booking tickets for travel on international sectors may commence journeys immediately. The airline's attractive all-inclusive fares start from Rs.899 on select sectors across its domestic network and at Rs.10,693 on popular routes across its international network. Under this limited period offer, the one-way all inclusive fare for Mumbai-Dubai sector are Rs.1,999 while the ticket price for a Delhi-Singapore journey stands at Rs.21,722. Similarly, an economy class journey for Paris from Hyderabad on a Jet Airways flight will now cost only Rs.35,702. On the domestic sector, the fare for Kolkata-Guwahati now starts at as low as Rs.1,494 and for Hyderabad-Pune the ticket price stands at Rs.1,880, among others

Reliance Infrastructure has inked a Share Purchase Agreement (SPA) with Adani Transmission (ATL) for 100 per cent stake sale of its Western Region System Strengthening Scheme (WRSSS) Transmission Assets. The transactions are subject to applicable regulatory approvals. The deal excludes the expected upside from regulatory proceeds of various appeals of the assets. The entire sale proceeds shall be utilised for debt reduction. SBI Capital Markets is acting as the financial advisor to Reliance Infrastructure for this transaction. The promoters’ holding in the company stood at 49.69 per cent, while institutions and noninstitutions held 37.81 per cent and 12.51 per cent respectively.



Inox Wind, India's leading wind energy solutions provider, has bagged an order for a 50 MW wind power project to be deployed in the state of Gujarat from SJVN, a Category-I Mini Ratna CPSE and Hydroelectric power major. The project is scheduled to be commissioned by November 2017, and will be executed on a turnkey basis. As part of the order, Inox Wind will supply and install 25 units of its advanced 2MW DFIG 113 rotor diametre Wind Turbine Generators (WTGs) for SJVN. Inox Wind's 113 meter rotor diametre WTG is the newest variant of the company's market leading 2MW platform. It significantly increases annual energy production and is especially suited for low wind segments in the country. Inox Wind offers its clients total wind power solutions including wind resource assessment, acquiring land, developing the entire site infrastructure, building the power evacuation system, supplying the WTGs, erection and commissioning services, long term operations and maintenance services as well as postcommissioning support.