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Govt orders petrol cars, ignores CAQM's advisory

May 14, 2025

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Mint New Delhi

In a perplexing move, the environment ministry has put out a tender to buy 57 petrol-powered cars—less than a week after a pollution control body urged all government institutions in the national capital region to buy only cleaner-fuel vehicles.

- Ayaan Kartik & Nehal Chaliawala

The ministry floated the tender on the Government e-Marketplace (Gem) portal on 8 May for 60 cars to be deployed in New Delhi at an estimated cost of ₹8.4 crore. Of these, 57 are petrol-powered cars—27 units of Maruti Suzuki Ciaz and 30 of Maruti Suzuki Dzire. The other vehicles are two Toyota Hycross hybrid cars and one Tata Nexon EV electric car.

المزيد من القصص من Mint New Delhi

Mint New Delhi

Mint New Delhi

AI fears slam Accenture, Indian IT cos listed in US

Shares of Accenture Plc plunged 18% to a nine-year low on Thursday, sparking a wider sell-off in homegrown information technology (IT) companies listed in the US, as the world's biggest IT outsourcer reported its lowest quarterly new order bookings since the first quarter of 2024-25 and provided a softer guidance than in the previous quarter.

time to read

2 mins

June 19, 2026

Mint New Delhi

OpenAI guns for bigger India team in pursuit of AGI

For OpenAI, India is not just a market for acquiring users but also a crucial testing ground for future artificial intelligence (AI) products, including personalized voice-interaction feature set to launch in the coming weeks, according to Abhi Muchhal, its product lead for international growth.

time to read

2 mins

June 19, 2026

Mint New Delhi

Mint New Delhi

Fuel curbs may ease as peace deal raises hope

Move could soothe farmers, lower inflation; no decision on prices still

time to read

3 mins

June 19, 2026

Mint New Delhi

AIMS promoter taps 360 ONE for PE stake buyback

The promoter of Blue Sapphire Healthcares Pvt Ltd, which operates the Asian Institute of Medical Sciences (AIMS), has raised private credit from 360 ONE Asset Management to buy back a 49% stake held by private equity investors OrbiMed and British International Investment, the companies said in a statement on Friday.

time to read

1 min

June 19, 2026

Mint New Delhi

Mint New Delhi

Sebi curbs, higher costs eat into NSE profit before IPO

The National Stock Exchange (NSE) has waited nearly a decade to go public. However, just as investors finally get the chance to own India's largest market infrastructure company, its FY26 earnings present a sobering reality.

time to read

2 mins

June 19, 2026

Mint New Delhi

Mint New Delhi

Auto majors scale AI via IT arms, global partnerships

Tata Motors and M&M are scaling AI adoption in manufacturing, sales and technology

time to read

2 mins

June 19, 2026

Mint New Delhi

A 70-year-old law, 10% stake: what keeps LIC invested in NSE

As state-owned banks and insurers cash out through the National Stock Exchange’s roughly ₹30,000-crore initial public offering, its largest shareholder, Life Insurance Corp. of India, is holding on to its 10.72% stake, according to the draft papers filed with the market regulator.

time to read

2 mins

June 19, 2026

Mint New Delhi

Mint New Delhi

Centre to raise ₹13,000 cr via OFS in three state-run banks

Share sale to meet public holding norms; Govt may cross disinvestment target in FY27

time to read

2 mins

June 19, 2026

Mint New Delhi

Mint New Delhi

NSE IPO set to mint outsized gains for early investors

Shareholders selling equity in the National Stock Exchange of India Ltd (NSE) public offer are set to bag up to thousand-fold returns on their average investment costs once the exchange gets listed.

time to read

2 mins

June 19, 2026

Mint New Delhi

Mint New Delhi

Cordelia Cruises operator to launch ₹585-crore IPO next week

Waterways Leisure Tourism Ltd, the operator of Cordelia Cruises, will launch its initial public offering next week, becoming the first Indian cruise line to go public.

time to read

2 mins

June 19, 2026

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