Category: NEWS

Sterlite Tech aims 10% global fibre market share by June 2020

NEW DELHI: Broadband technology provider Sterlite Tech is looking at commanding 10 per cent share of the global fibre market by June 2020, company’s chief executive Anand Agarwal said Monday. The company is also focussed on enhancing production capacity of optical fibre and optical fibre cables. “We are now looking to move fibre market share […]

Mother Dairy won’t cut prices despite Patanjali’s cheaper cow milk

NEW DELHI: Unfazed by the introduction of cheaper packaged cow milk by new entrant Patanjali group, market leader Mother Dairy Monday said the company will not reduce prices to match competition. Mother Dairy, which sells around 7 lakh litres of cow milk per day largely in Delhi-NCR market, also expressed confidence that its sales volume […]

Aruba to commence manufacturing in India

NEW DELHI: Aruba, a Hewlett Packard Enterprise company, today announced plans to initiate manufacturing of its diverse product portfolio in the fast-growing networking domain in India. The move, which aims to support the Make in India and Digital India initiatives, will also strengthen the Company’s existing R&D capabilities. Aruba is amongst the fastest growing providers […]

Hybrid vehicles crucial for future mobility: Niti Aayog member

NEW DELHI: Hybrid vehicles should be considered as key aspect in India’s journey to future mobility, Niti Aayog member V K Saraswat said Sunday. Moving towards electric vehicles directly from internal combustion engine (ICE) need proper infrastructure, and it will take time, Saraswat further said. Introduction of EV technology should begin with two-wheelers and three-wheelers […]

Nabard approves Rs 65,635 crore loan for 93 irrigation projects

NEW DELHI: The National Bank for Agriculture and Rural Development (Nabard) has approved Rs 65,634.93 crore loan so far to 93 prioritised irrigation projects under the government’s flagship scheme Pradhan Mantri Krishi Sinchai Yojana (PMKSY), its chairman H K Bhanwala said. The Nabard is funding the central and state share of 99 prioritised irrigation projects […]

Supreme Court of India appoints NBCC to construct stalled projects of Amrapali Group

NEW DELHI: The Supreme Court of India on Wednesday appointed state-run NBCC to develop the stalled projects of the Amrapali Group and directed the Debts Recovery Tribunal to sell the unencumbered commercial properties of the real estate firm. The top court directed the opening of an escrow account in the apex court in which the […]

Land pooling policy finally approved by Delhi Development Authority

NEW DELHI: The land pooling policy had already been notified in the past and regulations for executing the policy has been finalized for consideration and approval by the government of India. After a long wait of 5 years finally the policy has been approved and can be implemented. Land Pooling is a concept that where […]

About 48.11 lakh women enrolled under Pradhan Mantri Matru Vandana Yojana

NEW DELHI: Pradhan Mantri Matru Vandana Yojana (PMMVY) recently marked the anniversary of the launch of scheme as Matru Vandana Saptah. During this week, the States/Union Territories (UTs) focused on IEC activities, pendencies under various parameters and escalating daily entry rate of applications. The success of the week was concluded in Dehradun at National Level. […]

Suresh Prabhu to participate in G-20, trade and investment ministerial meeting in Argentina

NEW DELHI: India’s Commerce & Industry and Civil Aviation Minister Suresh Prabhu, will participate in the G-20, Trade and Investment Ministerial Meeting, being held in Mar del Plata in Argentina on 14th – 15th September 2018. The meeting will provide an opportunity for a dialogue on current developments in international trade and its implications for […]

Billionaire couple Abhishek Verma, Anca Verma launch new business portal-NationalBusinessMirror

NEW DELHI: Delhi-based JKS Media’s online and print news venture has launched its business portal —www.nationalbusinessmirror.com . News portal focuses on informative, incisive, investigative and quality business news, views and features so far unavailable to growing number of tech-savvy readers. The portal was launched by Abhishek Verma, billionaire entrepreneur and his wife Anca Verma, Chairperson […]

Infosys to acquire Fluido

NEW DELHI: Indian tech giant Infosys today announced a definitive agreement to acquire Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services. The acquisition of Fluido is expected to close during the third quarter of fiscal 2019, subject to customary closing conditions. Executing […]

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