Farooq Abdullah requests Narendra Modi to restore 4G internet in Jammu & Kashmir
NEW DELHI: National Conference (NC) president Farooq Abdullah on Sunday requested Prime Minister Narendra Modi to restore 4G mobile internet services in Jammu and Kashmir as he highlighted various problems due to lack of the facility and the harsh winter in the Union Territory. He prayed for the success of the COVID-19 vaccine and urged […]
Farmers prepared to protest till May 2024 against Narendra Modi’s new farm laws
NEW DELHI: Bharatiya Kisan Union (BKU) leader Rakesh Tikait on Sunday said farmers are prepared to protest against the (Narendra Modi government )Centre’s new farm laws “till May 2024”, and termed the ongoing agitation by peasants at Delhi borders as an “ideological revolution”. Addressing a press conference in Nagpur, Tikait said they want a legal […]
JNPT SEZ plans to attract Rs 4,000 crore investment, generate 72,600 jobs
NEW DELHI: The Jawaharlal Nehru Port Trust (JNPT), one of the 12 major ports in the country, plans to attract Rs 4,000 crore investments from public and private players for its special economic zone (SEZ), as per a draft proposal. The Jawaharlal Nehru Port Trust (JNPT) at Navi Mumbai (formerly known as the Nhava Sheva […]
BharatPe raises Rs 139 crore in debt from Alteria Capital, ICICI Bank
NEW DELHI: Fintech company BharatPe on Sunday said it has raised Rs 139 crore (about USD 20 million) in debt from venture debt firm Alteria Capital and ICICI Bank that will be used to strengthen its lending business and provide credit to merchants. Founded by Ashneer Grover and Shashvat Nakrani in 2018, BharatPe offers merchants […]
4 more Covid-19 vaccines in different stages of trial: Serum Institute of India
NEW DELHI: Apart from Covishield, the Serum Institute of India (SII) is working on four more vaccines against the novel coronavirus, according to Suresh Jadhav, executive director at one of the world’s largest vaccine manufacturers. Jadhav informed during a webinar that the firm has been working on five vaccines against the novel coronavirus, including the […]
Ingram Micro India signs distribution agreement with Aiwa India
NEW DELHI: Ingram Micro India has announced a strategic distribution agreement with Aiwa India Regional Headquarters for its range of audio products. Aiwa is a Japanese technology-based firm and is one of the leading manufacturers of electronic products in the consumer electronics and entertainment industry. As a part of this distribution agreement, Ingram Micro India […]
DHFL creditors vote in favour of Piramal’s $5 billion bid – source
MUMBAI:Creditors of India’s Dewan Housing Finance Corp have voted in favour of a 372.5 billion rupees ($5.09 billion)takeover bid submitted by the Piramal Group for the troubled “shadow” lender, a source with knowledge of their decision said on Sunday. DHFL’s creditors finished voting on Friday evening, and the source requested anonymity as the result has […]
WhatsApp delays policy rollout to May 15
NEW DELHI: WhatsApp has decided to delay the rollout of its new policy update to May 15 after massive criticism from users globally, including India, over concerns that data was being shared with its parent company Facebook. The move assumes significance for users in India given that the country is among the biggest markets for […]
Plea in Delhi High Court against Lakshmi Vilas Bank-DBS merger
NEW DELHI: A plea in the Delhi High Court has challenged the scheme of amalgamation of Lakshmi Vilas Bank with Development Bank of Singapore (DBS), contending that its shareholders have been “left in the lurch” and the Centre and the Reserve Bank have failed to protect their interests. The petition was listed before a bench […]
CIAL commissions floating solar power plants
NEW DELHI: Cochin International Airport Ltd (CIAL), which became the worlds first solar-powered airport in 2015, on Sunday added another feather to its cap, commissioning two floating solar power plants in Kerala. With the installation of the plants with a capacity of 452 KWh over two artificial lakes, the airport’s total installed capacity has risen […]
Joe Biden ropes in 20 Indian-Americans in his administration, 17 at key White House positions
By Lalit K Jha WASHINGTON: Less than 100 hours ahead of his historic inauguration, US President-elect Joe Biden has either nominated or named at least 20 Indian Americans, including 13 women, to key positions in his administration, a new record in itself for this small ethnic community that constitutes one per cent of the country’s […]
Sebi to conduct coding test for IT stream on March 14, hire 147 officers
NEW DELHI: Capital markets regulator Sebi, which is in the process of hiring 147 senior officers, will conduct coding test for the information technology (IT) stream on March 14. The phase I and phase II online examinations will be held on January 17 and February 27, 2021 respectively, for the recruitment of 147 officers at […]
Pharma industry has risen to occasion during Covid-19 pandemic: Satish Reddy
NEW DELHI: The Indian pharma industry has risen to the occasion and has made efforts to ensure that medicines and vaccines reach people during the pandemic, Dr Reddy’s Laboratories Chairman Satish Reddy said on Friday. Speaking at the 25th Wharton India Economic Forum, he said the Indian pharma industry ensured the continuity of supplies. He […]
Odisha attracts Rs 1.25 trillion investment proposals during COVID-19: Naveen Patnaik
NEW DELHI :Odisha has received investment proposals worth over Rs 1.25 lakh crore since February 2020 despite the COVID-19 pandemic situation, Chief Minister Naveen Patnaik said on Friday. Patnaik also urged the young generation to start their own business and industry and generate wealth for themselves and the country. “Industry friendly policies, quick clearances and […]
GDP may contract 7.5% this year, need policy reforms in Budget: Arvind Virmani
NEW DELHI: Indian economy is likely to contract 7.5 per cent in the current fiscal but will see a double-digit growth in 2021-22, former chief economic adviser Arvind Virmani said on Wednesday. Addressing a virtual event organised by industry bodyPHDCCI,Virmani said the central government has come up with some noteworthy reforms, includingGoods and Services Tax(GST),Insolvency […]
HDFC Bank third quarter net profit rises 14.36% to Rs 8,760 crore
NEW DELHI:The country’s largest private sector lender HDFC Bank on Saturday reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter. At the standalone level, the net profit for the three-month period grew 18.09 per cent to Rs 8,758.29 crore. Its total income increased to Rs 37,522 […]