In India’s well-being lies world prosperity: Narendra Modi at investors’ summit
NEW DELHI: Prime Minister Narendra Modi said the guarantee to world’s prosperity lies with India, as he pitched Uttar Pradesh as a major destination for foreign investment. Welcoming foreign delegates and Indian industry leaders to the three-day Uttar Pradesh Global Investors Summit, Modi linked the world’s economic well-being to that of India. The world’s prosperity […]
Development of Uttar Pradesh necessary to make India $5 trillion economy: Amit Shah
NEW DELHI: Union Home and Cooperation Minister Amit Shah Friday said the development of Uttar Pradesh is necessary to make India a five trillion dollar economy and that micro, small and medium enterprises (MSME) will play a key role in achieving the target. Shah was speaking at a session, titled “Enhancing and Empowering MSME and […]
Uttar Pradesh got investment proposals of Rs 32.92 trillion via roadshows: Yogi Adityanath
LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath on Friday said his government has attracted investment proposals worth Rs 32.92 lakh crore through roadshows ahead of the Global Investors Summit, signing over 18,000 MoUs with various companies. Potentially, these can create 92.50 lakh job opportunities in the state, he said. Uttar Pradesh is ready to play […]
India’s long endurance UAV to make flying debut at Aero India Show
NEW DELHI: The DRDO-developed Medium Altitude Long Endurance class unmanned aerial vehicle TAPAS-BH (Tactical Aerial Platform for Advanced Surveillance – Beyond Horizon) will make its flying debut at ‘Aero India’ here next week. The TAPAS-BH will showcase its capabilities and there will be static as well aerial displays on the business days of the five-day […]
Rajasthan Budget: Chief Minister Ashok Gehlot announces inflation relief package of Rs 19,000 crore
JAIPUR: Rajasthan Chief Minister Ashok Gehlot announced an inflation relief package of Rs 19,000 crore in the state’s Budget for 2023-24 to provide relief to the masses from rising prices. The package includes free food packets every month to poor families, LPG cylinders for Rs 500 under the Ujjwala Scheme and free electricity up to […]
Moody’s Investor Service cuts rating outlook on 4 Adani companies
NEW DELHI: Moody’s Investor Service on Friday revised downwards the rating outlook on four Adani Group companies to negative from stable after a significant and rapid decline in market value following a report by US-based short seller Hindenburg Research. In a statement, Moody’s said the rating outlook for Adani Green Energy Ltd, Adani Green Energy […]
Air India SATS-Zurich Airport to build integrated multimodal cargo hub at Jewar
NEW DELHI: Air India SATS will set up an integrated multimodal cargo hub at the upcoming Jewar airport in Uttar Pradesh in partnership with Zurich Airport, Tata Group Chairman N Chandrasekaran said on Friday. In his address at the UP Global Investors Summit, he said Air India has plans to connect every part of UP […]
Aero India to host event for businesses collaboration in defence sector
NEW DELHI: Air India has finalised an order for around 250 aircraft with Airbus and the deal is expected to be announced next week, a source said on Thursday. The source in the know also said the airline has signed a deal with Boeing for about 200 planes. Specific details could not be immediately ascertained […]
PM Narendra Modi nationalise all assets of Adani Group and then auction it for sale: Subramanian Swamy
CHENNAI: Former Union minister and senior BJP leader Subramanian Swamy has said he wants the Centre to nationalise the assets of Adani Group, which has faced scrutiny after its stocks tumbled following a report over its financial deals and a ruckus was created in Parliament by opposition parties over it. In an interview with PTI […]
Supreme Court sends to Bombay High Court CBI plea against nod to Mainak Mehta to travel abroad
NEW DELHI: The Supreme Court on Thursday remanded back to the Bombay High Court for fresh adjudication in four weeks an appeal filed by the CBI challenging the nod granted to Mainak Mehta, the brother-in-law of fugitive diamantaire Nirav Modi, to travel to Hong Kong. Nirav Modi is an accused in the Punjab National Bank […]
Twitter Blue plans announced in India: Pay Rs 900 per month for blue tick
NEW DELHI: Microblogging site Twitter on Thursday announced the subscription plans for Twitter Blue in India. The users in India will have to pay to keep their Twitter Blue subscription active and use the additional features. To use the Twitter Blue services in India on android mobile or iPhones, users would need to pay Rs […]
Infra.Market launches AAC Block manufacturing plants in Pune and Sangli
NEW DELHI: Infra.Market, which runs India’s largest platform for construction materials, has announced the launch of its Grade 1 AAC Block plants at Talegaon in Pune and Shirala in Sangli. The plants will use state-of-the-art international manufacturing equipment to produce superior-quality AAC blocks, which have become one of the industry’s most sustainable and economical building […]
Narendra Modi dedicates HAL Helicopter Factory to the nation in Tumakuru
NEW DELHI: The Prime Minister, Narendra Modi, dedicated the HAL Helicopter Factory to the nation in Tumakuru . He also laid the foundation stone of the Tumakuru Industrial Township and two Jal Jeevan Mission projects at Tiptur and Chikkanayakanahalli in Tumakuru. The Prime Minister took a walkthrough of the Helicopter Facility and Structure Hangar and […]
Congress had favoured Tata, Birla, Ambani: BJP’s Nishikant Dubey counters Rahul Gandhi’s allegations
NEW DELHI: BJP member Nishikant Dubey on Tuesday countered the allegations levelled by Congress leader Rahul Gandhi in Lok Sabha against the Narendra Modi government, saying the Congress itself had favoured several industrial houses like the Tata, Birla and Ambani. Earlier, while participating in the debate on Motion of Thanks to the President’s Address, Gandhi […]
Adani Enterprises share price has 40% more downside: NYU professor Aswath Damodaran
Shares of Adani Group’s flagship firm are overvalued on some metrics despite plunging more than 50% in the rout triggered by US short seller Hindenburg Research’s scathing report last month, according to a New York University finance professor. Adani Enterprises Ltd. yielded a value of 945 rupees per share even before “factoring any of the […]
Rahul Gandhi questions surge in Gautam Adani’s fortunes, claims it happened after BJP came to power
NEW DELHI: A belligerent Rahul Gandhi on Tuesday led a blistering opposition attack in Lok Sabha over the Hindenburg report, claiming that the meteoric rise in Gautam Adani’s fortunes happened after the BJP came to power in 2014 as he rose in the global rich list from the 609th to the second spot eventually. The […]