FASTag mandatory for 4-wheelers from January
NEW DELHI: The Union Ministry of Road Transport and Highways has issued a notification making a FASTag mandatory for all four-wheeler vehicles from January 1, 2021. Accordingly, the ministry took the decision via amendments to the Central Motor Vehicles Rules, 1989. “It may be stated that this notification would be a major step for ensuring […]
Naveen Patnaik inaugurates small hydropower project in Keonjhar
NEW DELHI: Odisha Chief Minister Naveen Patnaik on Saturday inaugurated the 24-MW Baitarani Small Hydro Power Project at Singhanali in Odisha’s tribal-dominated Keonjhar district. While inaugurating the project through video conferencing, Patnaik said the hydropower project is a milestone in the green and renewable energy sector. Small green energy projects will help Odisha tackle the […]
Kamala Harris becomes first Indian American to win Vice Presidency in US Elections
By James Oliphant WASHINGTON: Kamala Harris made history on Saturday with her election as Joe Biden’s vice president, becoming the first woman, first Black American and first Asian American to win the second highest U.S. office. Harris, 56, is widely seen as an obvious candidate for the Democratic Party nomination in 2024 should Biden, who […]
NTPC is shaping well for the future with its diversification plans: Power Minister
NEW DELHI: NTPC is shaping up well for the future with its diversification plans and as a responsible corporate, NTPC is committed towards environment and the fast growing capacity addition in the renewable portfolio is testimony to the commitment”, said R K Singh, Minister of State (Independent Charge) for Power, New and Renewable Energy and […]
Yashvardhan Sinha takes oath as new CIC
NEW DELHI: Yashvardhan Kumar Sinha took oath as the new Chief Information Commissioner (CIC) here on Saturday, a Rashtrapati Bhavan statement said. President Ram Nath Kovind administered the oath to Sinha as the CIC at a ceremony at Rashtrapati Bhavan this morning. The post was lying vacant since the retirement of Bimal Julka on August […]
Income Tax Department conducts searches in Tamil Nadu
NEW DELHI: The Income Tax Department has carried out searches at 5 locations in Chennai and Madurai on 4.11.2020 in the case of a Chennai based group operating in IT Infra sector. The search has led to unearthing of evidence relating to investments in a Singapore registered company. The shareholding of this company is held […]
Online application process for Haj 2021 starts from today
NEW DELHI: India’s Minority Affairs Minister Mukhtar Abbas Naqvi announced that online application process for Haj 2021 is starting from today. Significant changes have been made to the procedures for Haj 2021 keeping in view the corona pandemic, added the Minister in course of a programme at Haj House in Mumbai today. The Minister launched […]
Kalrock-Jalan’s plan for Jet Airways submitted to NCLT
NEW DELHI: The resolution professional of Jet Airways has submitted the successful resolution plan of Kalrock Capital and Murari Lal Jalan for the bankrupt airline at the National Company Law Tribunal (NCLT). Once the the Mumbai-bench of the tribunal gives the go-ahead, the winning consortium of Jalan and Florian Fritsch can pump in funds required […]
We Hub announces revolving fund for women entrepreneurs
HYDERABAD: WE Hub, India’s first state-led incubator to foster and promote women entrepreneurship to start-up, scale-up and accelerate with global market access, on Friday announced that it has released a revolving fund for women-led businesses incubated at We Hub. The vision behind creating this fund is to financially enable women across the spectrum, in view […]
Amul to begin milk procurement in Andhra from Nov 20
AMARAVATI: Milk procurement under an agreement between the Andhra Pradesh government and Amul will take off from November 20 in three districts — Prakasam, Chittoor and Kadapa. Animal Husbandry and Dairy Development Minister Seediri Appalaraju said Chief Minister Y.S. Jagan Mohan Reddy will distribute cheques to the dairy farmers on November 25. “The state government […]
Adani Group partners with Italy’s Snam for energy mix transition
NEW DELHI: The Adani Group on Friday announced a strategic collaboration with Italy-based gas infrastructure company, Snam. The tie-up envisages exploration of the hydrogen value chain in India and global markets, as well as the development of biogas, biomethane, and low-carbon mobility. Adani Group Chairman, Gautam Adani said: “The combination of Adani’s ability to provide […]
India allows flexibility in selection of power supplies under RTC bids
NEW DELHI: With the aim to drive bids for round-the-clock (RTC) power supply, the Ministry of Power has amended the guidelines for tariff-based competitive bidding for power procurement from such projects, allowing them bundling with any non-renewable source of energy rather than just coal-based thermal projects. The earlier guidelines for bundled projects required a bidder […]
Taiwanese delegation explores collaborations with Andhra Pradesh
AMARAVATI: A Taiwanese delegation led by Ben Wang, director general, Taipei Economic and Culture Centre (TECC) met Andhra Pradesh Chief Minister Y. S. Jagan Mohan Reddy on Friday to explore possible collaborations. Reddy and Wang discussed the areas identified to collaborate for the benefit of the state. The CM assured complete support for Taiwan’s investments […]
Tata Motors drives in new Altroz trim at Rs 6.6 lakh
NEW DELHI: Tata Motors on Saturday said it has launched a new variant of its premium hatchback Altroz priced at Rs 6.6 lakh (ex showroom Delhi). The petrol powered XM+ trim comes with various features like the 17.78 cm touchscreen infotainment with Apple CarPlay and Android Auto connectivity that provides a seamless driving experience, Tata […]
Gulf Oil Q2 net dips 4.59 per cent to Rs 59.13 crore
NEW DELHI: Hinduja group-owned lubes maker Gulf Oil reported a 4.59 per cent decline in net profit at Rs 59.13 crore for the September quarter of this fiscal. The company had posted a net profit of Rs 61.98 crore in Q2FY20, according to a Gulf Oil release on Saturday. The net sales declined 2 per […]
India’s foreign exchange reserves rises over $560 billion
NEW DELHI: India’s foreign exchange reserves rose $183 million during the week ended October 30. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $560.715 billion from $560.532 billion reported for the week ended October 23. India’s forex reserves comprise of foreign currency assets (FCAs), gold reserves, special drawing rights […]