HDFC Bank’s Aditya Puri highest paid, ICICI Bank Sandeep Bakshi forgoes salary in Covid-19 year

NEW DELHI: HDFC Bank’s Aditya Puri emerged as the highest grossing banker among the top three private sector lenders in his retirement year with total emoluments of Rs 13.82 crore. His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed […]

Found Rs 2,200 crore fictitious transactions: CBDT after raids on media group

NEW DELHI: The CBDT on Saturday claimed to have detected “fictitious transactions” of Rs 2,200 crore after the Income Tax Department carried out multi-city raids against the Dainik Bhaskar media group early this week. It said the searches that were launched on July 22 in nine cities like Bhopal, Indore, Delhi, Ahmedabad, Noida and some […]

Gorakhpur most favoured industrial destination after Noida

LUCKNOW:Gorakhpur is now emerging as the most favoured destination in Uttar Pradesh for industrialists after Noida. Gorakhpur, which is the home of Chief Minister Yogi Adityanath, has seen 259 small and big industrialists of the country acquiring land from Gorakhpur Industrial Development Authority (GIDA) to set up their factories in the district. According to the […]

Kisan Sansad: Farmers plan to carry on protest till August 13

NEW DELHI: Protesting farmer leaders said on Thursday that they intend to continue with the ‘Kisan Sansad’ at Jantar Mantar in the heart of the national capital till August 13, the day the ongoing Monsoon Session of the Parliament comes to an end. On Wednesday, Delhi Lieutenant Governor Anil Baijal had given permission to the […]

AAI committees find Adani group in violation of branding, logo pacts

NEW DELHI: Three committees of the Centre-run Airports Authority of India (AAI) in January found the Adani group to be in violation of branding norms, prescribed in the concession agreements, at the airports in Ahmedabad, Mangaluru and Lucknow that the conglomerate took over last year. Consequently, the Adani group companies — which are operating these […]

US based Colliers appoints Ramesh Nair as CEO for India business

NEW DELHI: US-based property consultant Colliers on Wednesday announced the appointment of Ramesh Nair as the Chief Executive Officer (CEO) for India business, as part of its strategy to accelerate growth in the country. Nair, an industry veteran, will also be the Managing Director, Market Development for Asia, Colliers said in a statement. In January […]

Over $157 billion deployed in last 15 months to fight Covid-19 pandemic: World Bank

NEW DELHI: In its largest-ever crisis response, the World Bank has deployed over USD 157 billion to fight the impact of the COVID-19 pandemic on health, economic and social fronts over the last 15 months. This represents an increase of more than 60 per cent over the 15-month period prior to the pandemic, the bank […]

Ericsson signs $8.3 billion 5G deal with Verizon

NEW DELHI:Ericsson said that it has signed $8.3 billion agreement with Verizon to provide its industry-leading 5G solutions to accelerate the deployment of Verizon’s world-class next-generation 5G network in the U.S. Niklas Heuveldop, President and Head of Ericsson North America, says: “This is a significant strategic partnership for both companies and what we’re most excited […]

Opposition should ask difficult, stinging questions but should also give opportunity to reply in peaceful environment: Narendra Modi

NEW DELHI: Prime Minister Narendra Modi on Monday siad that I hope all of you have been vaccinated at least once. But even then, I pray to all of you and my colleagues in the House to cooperate in following the Corona protocols. Vaccine is given in ‘baahu’ (arms), and those who take it become ‘Baahubali’. […]

L&T construction arm bags significant orders in overseas, domestic market

NEW DELHI: Infrastructure company Larsen & Toubro (L&T) on Monday said its construction arm has received orders in India and abroad for its various businesses. But The company did not provide the value of the contracts as orders fall under the ‘significant’ category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to […]

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