BMW Group India to increase BMW, MINI Model prices from January
NEW DELHI: Luxury automobile manufacturer BMW Group India will raise vehicle prices by up to 2 per cent for all BMW and MINI models. The BMW Group India will introduce the revised 2021 pricing for all BMW and MINI models effective January 4, 2021. “From 4 January 2021, BMW Group India will introduce the new […]
Embassy REIT raises Rs 3,680 crore to fund acquisition of Embassy Tech Village
NEW DELHI:Embassy Office Parks REIT has raised Rs 3,680 crore (USD 501 million) through sale of units to institutional investors and will use this amount to partly fund its acquisition of IT park ”Embassy TechVillage” in Bengaluru. Embassy REIT is India”s first publicly-listed REIT (Real Estate Investment Trust) sponsored by Blackstone and Embassy group. It […]
Modi government invites EoI for strategic sale of Shipping Corporation
NEW DELHI: The Narendra Modi government (Centre) has expanded its strategic disinvestment plan for current fiscal initiating the sell-off plan for Shipping Corporation of India Ltd (SCI) by inviting expression of interest from potential interested parties. The government proposes to sell its entire shareholding of 63.75 per cent in the listed entity to a buyer […]
OPPO sets up its first 5G innovation lab in India
NEW DELHI: Reinstating its commitment towards technological innovations and building India’s technology presence in the 5G field, OPPO, a leading global smart device brand, today, announced the set up of 5G innovation lab at its Hyderabad R&D centre. The new lab will deepen the development of core product technologies for 5G ecosystem and accelerate its […]
Asian Development Bank to give Rs 2100 crore loan to Tripura for urban, tourism development
NEW DELHI: The Asian Development Bank (ADB) is likely to provide a Rs 2,100 crore loan to the Tripura government for the development of urban areas and tourism in the northeastern state that borders Bangladesh, officials said here on Tuesday. According to Tripura’s Urban Development and Tourism Department Secretary Gitte Kirankumar Dinkarrao, of the Rs […]
Indian Army signs MoU with Bank of Baroda for new ‘Baroda Military Salary Package’
NEW DELHI: Indian Army and Bank of Baroda have entered into a Memorandum of Understanding (MoU) for ‘Baroda Military Salary Package’. The MoU was signed by Lt Gen Ravin Khosla, DG(MP&PS) and Shri Vikramaditya Singh Khichi, Executive Director, Bank of Baroda in presence of Lt Gen Harsha Gupta, Adjutant General, Indian Army who also chaired […]
World Bank signs $500 million project with India to develop green, resilient and safe highways
NEW DELHI: The government of India and the World Bank today signed a $500 million project to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh. The project will also enhance the capacity of the Ministry of Road Transport and Highways (MoRTH) in mainstreaming safety […]
Majority of Indians plan to purchase property in 2021: Report
NEW DELHI:Around 82 per cent of the people across the major cities plan to buy a residential property in 2021, according to a report by NoBroker.com. The purchase sentiment among the people last year was 64 per cent. The report titled ‘India Real Estate Report 2020’ showed that 89 per cent of people consider the […]
Arjun Munda e-launches new tribes India outlet at Guwahati international airport
NEW DELHI:India’s Tribal Affairs Arjun Munda e-launched new Tribes India Outlet at the Departure Lounge of Guwahati ‘s Lokpriya Gopinath Bordolai International Airport today. Renuka Singh, Minister of State for Tribal Affairs,Ramesh Chand Meena, Chairman, TRIFED, Pratibha Brahma, Vice Chairman, TRIFED, Pravir Krishna, Managing Director, TRIFED and Director, Airport Authority of India, Guwahati were present. […]
Donald Trump presents Legion of Merit to Narendra Modi
WASHINGTON: US President Donald Trump on Monday presented the prestigious Legion of Merit to Prime Minister Narendra Modi for his leadership in elevating strategic partnership of the two countries and emergence of India as a global power. India’s Ambassador to the US, Taranjit Singh Sandhu, accepted the award on behalf of the prime minister from […]
Russia to jointly produce Sputnik V vaccine for Covid-19 with India
NEW DELHI: Russian envoy to India Nikolay Kudashev on Monday said Moscow will jointly produce the Sputnik V vaccinefor COVID-19 along with New Delhi and it will be manufactured by Indian pharma major Dr Reddy’s Laboratories. “We are working very hard to fight COVID-19 together with India, and are now advancing to jointly produce Sputnik […]
HDFC, ICICI Bank and SBI, among top-10 lenders in 2020: Report
NEW DELHI: HDFC, ICICI Bank, SBI, Yes Bank, PNB and HSBC Bank emerged as the top-10 banks in 2020, while Google Pay and PhonePe were the top wallets among the customers, according to a report. The BFSI (banking, financial services and insurance) Movers and Shakers 2020 report by Wizikey talks about the top-100 banks in […]
Tata Motors to increase commercial vehicle prices from January 2021
NEW DELHI: Tata Motors on Monday said its commercial vehicle prices will be revised upward from January next year. The steady rise in material and other input costs, impact of forex and transition to BS-VI norms, have cumulatively increased the cost of manufacturing vehicles, necessitating a price revision to partially offset the impact, the company […]
IIHMR University, Johns Hopkins collaborate on economics research for Covid vax
JAIPUR:IIHMR University Jaipur and the Johns Hopkins Bloomberg School of Public Health, USA have collaborated on capacity building of health professionals to undertake research studies on Economics of Covid-19 vaccine for optimum use of scarce resources. The closing ceremony of the global online course on vaccine economics for Covid-19 was conducted virtually on Sunday to […]
West Bengal government spent Rs 20,212 crore in 2020-21 on development works
KOLKATA: A day after Union Home Minister Amit Shah concluded his two-day visit, West Bengal Chief Minister Mamata Banerjee said on Monday that her ‘Duare Sarkar’ campaign (door-to-door government), envisioned to ensure doorstep delivery of government services and benefits, received enormous response across the state. Banerjee’s remark came just a day after Shah launched a […]
EU regulator says Pfizer vaccine should be considered case by case for pregnant women
AMSTERDAM:The European drug regulator on Monday said the use of the COVID-19 vaccine jointly developed by U.S. company Pfizer and its German partner BioNTech on pregnant women should be considered case by case. The European Medicines Agency (EMA) does not have enough data from the companies’ clinical trials on the potential risks to pregnant women, […]