Flipkart raises $3.6 billion, valuation surges to $37.6 billion
NEW DELHI: Flipkart Group on Monday announced that it has raised $3.6 billion in funding as it continues to grow and advance the digital commerce ecosystem in India. The investment values the group at $37.6 billion post-money. The fundraise demonstrated significant interest from global investors, including sovereign funds, private equity and crossovers in addition to […]
Uttar Pradesh Chief Minister terms rising population ‘hurdle in development’, unveils policy to stabilise it
LUCKNOW: Chief Minister Yogi Adityanath on Sunday unveiled a policy aimed at stabilising the population in Uttar Pradesh and reducing maternal and infant deaths in a time-bound manner as he termed rising population a “hurdle in development”. The Uttar Pradesh Population Policy 2021-2030, unveiled on the occasion of World Population Day, also aims at bringing […]
Hero Electric Vehicles to invest Rs 700 crore in business expansion by 2025
NEW DELHI: Hero Electric Vehicles will invest Rs 700 crore by 2025 to rev up its business expansion, including setting up of a new manufacturing unit, for which it has raised Rs 220 crore to part-fund the activities, according to a top company official. The company is planning to set up a new manufacturing facility […]
Alpha Corp to invest Rs 900 crore to complete 3 projects of Earth Infra in NCR
NEW DELHI: Gurugram-based realty firm Alpha Corp will invest around Rs 900 crore to complete three stalled projects of Earth Infrastructure that it acquired through insolvency process, a senior company official said. The three projects, comprising developable and saleable area of around 4.5 million sq ft, are located in Gurugram and Greater Noida. “We have […]
Joe Biden nominates Los Angeles Mayor Eric Garcetti as his envoy to India
WASHINGTON: US President Joe Biden on Friday nominated Los Angeles Mayor Eric Garcetti as his ambassador to India. If confirmed by the Senate, Garcetti, 50, would replace Kenneth Juster, who served as India’s Ambassador to the US during the Trump administration. Early this week, Juster was appointed as distinguished fellow at the Council on Foreign […]
Joe Biden signs competition order targeting big business
By Aamer Madhani and Marcy Gordon WASHINGTON: President Joe Biden signed an executive order on Friday targeting what he labelled anticompetitive practices in tech, health care and other parts of the economy, declaring it would fortify an American ideal that true capitalism depends on fair and open competition.” The sweeping order includes 72 actions and […]
Mother Dairy to hike milk prices in Delhi-NCR by Rs 2 per litre from Sunday
NEW DELHI: Leading milk supplier Mother Dairy has increased milk prices in Delhi-NCR and other cities by Rs 2 per litre with effect from Sunday due to higher input costs. It had last raised the milk prices in December 2019.From July 1, Amul had hiked its milk prices by Rs 2 per litre. Mother Dairy […]
BHEL bags Rs 1,405 crore order from NPCIL
NEW DELHI: State-owned BHEL has bagged an order worth Rs 1,405 crore from the Nuclear Power Corporation of India Ltd for supply of 12 nuclear steam generators. The steam generators will be manufactured at the Tiruchirapalli plant of BHEL. Valued at Rs 1,405 crore, the order has been won under NPCIL’s Fleet Mode procurement programme. […]
Mansukh Mandaviya takes charge as Union Minister of Chemicals & Fertilizers
NEW DELHI:Mansukh Mandaviya on Friday took charge as Minister for Chemical and Fertiliser.The Minister was welcomed by the Secretaries and senior officials of the Ministry. Expressing his thoughts after assuming office, Mandaviya added that he wishes to live up to Prime Minister Narendra Modi’s vision for doubling farmers’ income. ‘I will do everything possible to […]
Pankaj Chaudhary takes charge as Minister of State in the Ministry of Finance
NEW DELHI: Pankaj Chaudhary took charge as Minister of State in the Ministry of Finance, here today.Chaudhary is a Member of Parliament (MP) from Maharajganj in Uttar Pradesh in the 17th Lok Sabha. He is currently serving his sixth term as an MP. Active in public service for over three decades, Chaudhary has also held […]
Jyotiraditya Scindia takes charge as Minister of Civil Aviation;General V.K. Singh takes over as MoS
NEW DELHI: Jyotiraditya Madhavrao Scindia assumed charge as Minister of Civil Aviation here today. In a tweet, Scindia said, “Delighted to take the baton of the Ministry of Civil Aviation from Hardeep S Puri. I resolve to discharge my duties with earnestness & continue the good work undertaken by him.” Puri, former Minister of Civil […]
Dr. Munjapara Mahendrabhai takes charge as Minister of State in Ministry Of Women And Child Development
NEW DELHI: Dr. Munjapara Mahendrabhai assumed the charge as the Minister of State in the Ministry of Women and Child Development here. In addition to WCD Ministry, he has also been assigned the portfolio of Minister of State in the Ministry of AYUSH. Senior officers of the Ministry were present on the occasion. Dr. Mahendrabhai […]
Dr. Jitendra Singh assumes charge as Minister of State of Ministry of Science and Technology
NEW DELHI: Dr. Jitendra Singh assumed charge as Minister of State (I/C) of the Ministry of Science &Technology. Briefing the media after assuming charge, the Minister said that under the leadership of the Prime Minister Narendra Modi, the Government has taken several noteworthy initiatives in the field of Science and Technology. Dr. Singh further added […]
Piyush Goyal takes charge of Ministry Of Textiles Minister of State for Textiles;Darshana Vikram Jardosh takes charge as Mos
NEW DELHI: Union Minister of Commerce & Industry, Consumer Affairs and Food & Public Distribution, Piyush Goyal took charge of the Ministry of Textiles from the Union Minister of Women and Child Development, Smriti Zubin Irani. The Minister of State for Textiles Darshana Vikram Jardosh also took charge. Addressing the media after taking charge, Goyal […]
Dharmendra Pradhan takes charge as Minister of Skill Development and Entrepreneurship;Rajeev Chandrasekhar joins office as MoS
NEW DELHI: Dharmendra Pradhan assumed charge of the Ministry of Skill Development and Entrepreneurship as Cabinet Minister and Rajeev Chandrasekhar, Member of Parliament, Rajya Sabha, from Karnataka, took office as the Minister of State (MoS) of Ministry of Skill Development and Entrepreneurship. Dr. Mahendra Nath Pandey, who was Minister of Skill Development and Entrepreneurship before […]
Giriraj Singh takes over as Union Minister of Rural Development and Panchayati Raj;Faggan Singh Kulaste takes as Mos
NEW DELHI: Giriraj Singh has taken charge as the Union Minister of Rural Development and Panchayati Raj. Informing about his assuming charge through a tweet,Singh expressed his heartfelt gratitude to Prime Minister Shri Narendra Modi for entrusting him with the new responsibility and reposing confidence. Singh was welcomed in his room in the presence of […]