Hemant Nagrale takes charge as Commissioner of Mumbai Police
NEW DELHI: Senior Indian Police Service (IPS) officer Hemant Nagrale on Wednesday assumed charge as the new Mumbai Police commissioner, just hours after the Maharashtra government transferred Param Bir Singh as director general, Home Guards. Addressing a press conference after assuming office, Nagrale said that he will make sure the Mumbai Police regains its glory […]
Sensex tanks 562 points; Nifty cracks below 14,800
NEW DELHI: Dropping for the fourth straight session, equity benchmark Sensex tumbled 562.34 points on Wednesday following losses in index majors Reliance Industries, HDFC Bank and ICICI Bank amid a weak trend in global markets ahead of the US Federal Reserve’s policy outcome. After a volatile session, the 30-share BSE index tanked 562.34 points or […]
India approves Bill to set up DFI
NEW DELHI: The Narendra Modi-led Union Cabinet on Tuesday approved a bill to set up a Development Finance Institution (DFI) to generate funds for investment in the infrastructure sector. The proposed legislation will give effect to the Budget announcement made by Finance Minister Nirmala Sitharaman on February 1. The government has proposed Rs 20,000 crore […]
L&T Construction bags significant contracts fro Odisha government
NEW DELHI: Larsen & Toubro (L&T) said that its construction arm has bagged significant orders for two of its businesses fro Odisha government. As per the company, any order worth Rs 1,000-2,500 crore is a significant order. Water & Effluent Treatment Business: The Water & Effluent Treatment Business of L&T Construction has secured EPC orders from […]