Aiwa India Regional Head Quarters announces establishment at New Delhi
NEW DELHI:Today, Aiwa India Regional Head Quarters (AINRHQ) announced of its Indian Operations. AINRHQ will be responsible to establish the Aiwa brand in India with various product verticals. Shouchi Kure c.i, Global Business Director of Aiwa Co. Ltd (Tokyo, Japan) “On the 70th Anniversary year of Aiwa, we are very excited about the formation of […]
India has requested China for early crew change for stranded Indians aboard 2 ships: MEA
NEW DELHI: India on Friday said its Ambassador in Beijing has taken up with the Chinese Vice Foreign Minister the issue of 39 Indian sailors stranded on two cargo ships in Chinese waters and requested early approval for crew change for Indian crew members aboard the two vessels. Citing coronavirus-related restrictions, Chinese authorities have not […]
Boeing will pay USD 2.5 billion to settle charge over 737 Max
WASHINGTON: Boeing will pay USD 2.5 billion to settle a Justice Department investigation and admit that employees misled regulators about the safety of its 737 Max aircraft, which suffered two deadly crashes shortly after entering airline service. The government and the company said Thursday that the settlement includes money for the crash victims’ families, airline […]
Modi government-farmers meeting ends; Next round of talks likely on January 15
NEW DELHI: The eighth round of talks between the Narendra Modi government and representatives of protesting unions ended without any outcome on Friday and the next meeting is likely to take place on January 15, sources said. Sticking to their key demand of the repeal of three farm laws to end their protest, farmer leaders […]
PNB joins hands with IIT Kanpur to set up Fintech Innovation Centre
NEW DELHI: Punjab National Bank (PNB) on Thursday announced an alliance with IIT Kanpur and the Foundation for Innovation & Research in Science & Technology (FIRST) for establishing an innovation centre at the institute’s campus. Under this partnership, PNB and IIT Kanpur will set up a ‘Fintech Innovation Centre (FIC)’ as a vehicle to research […]
Telcos can get some airwaves for less than half the price paid earlier
NEW DELHI: Telecom operators can get spectrum in the 900 megahertz band, used for 4G services, in the upcoming auction for less than half the price paid for several circles in previous auctions, as per the base prices declared by the Department of Telecom. While most of the base prices are based on the recommendations […]
Job listings improve; agro industries, telecom at pre-Covid levels: Report
NEW DELHI: Job listings continued to improve in December with industries including telecom, agro-based units, and media and entertainment returning to the pre-COVID-19 levels, according to a report. As per the Monster Employment Index, in comparison to December 2019, job postings have improved after the pandemic with some industries returning to pre-COVID-19 levels. The telecom […]
Nalco to invest Rs 30,000 crore on expansion by 2027-28: Pralhad Joshi
NEW DELHI: Union minister Pralhad Joshi on Thursday said state-run National Aluminium Company Ltd (NALCO) will invest around Rs 30,000 crore for its ambitious expansion and diversification projects in the next six to seven years, which will help achieve the Centre’s goal of ‘Atmanirbhar Bharat’. Addressing the 41st foundation day function of the Navaratna PSU […]
Telangana gets approval for additional borrowings of Rs 2,508 crore
NEW DELHI: After Andhra Pradesh and Madhya Pradesh, Telengana has become the third state to complete urban local bodies reforms stipulated by the Union finance ministry. With the completion of the reforms, the ministry has allowed the state to make additional borrowing of Rs 2,508 crore. The permission for mobilising additional financial resources of Rs […]
Vistara to start non-stop flight services between New Delhi, Frankfurt
NEW DELHI: Full-service carrier Vistara on Thursday said it will commence non-stop special flight services between New Delhi and Frankfurt in Germany, under the air bubble agreement, starting February 18. The services to the German city will be operated twice a week, on Thursdays and Saturdays, with Vistara’s brand-new Boeing 787-9 Dreamliner aircraft, the Delhi-based […]
Jammu and Kashmir announces new industrial development scheme worth Rs 28,400 crore
NEW DELHI: The Jammu and Kashmir administration on Thursday announced a new industrial developmental scheme (IDS) with a total outlay of Rs 28,400 crore to encourage new investment and to take industrial development to the block level. “In a major decision of far-reaching consequence, Government of India has approved a new Industrial Developmental Scheme for […]
Bird flu: Modi government asks all states to be prepared for any eventuality
NEW DELHI:The Narendra Modi (Centre) on Thursday said bird flu has been confirmed only in Kerala, Rajasthan, Madhya Pradesh and Himachal Pradesh so far, but all states should be prepared for any eventuality. States have been told to ensure sufficient stock of PPE kits and accessories required for culling operations. They have also been asked […]
How 25th Amendment provides for transfer of power from US president
President Donald Trump faced a growing chorus of calls Thursday to be removed from office under the 25th Amendment for inciting the mob violence that swept through the US Capitol one day earlier. Adopted in 1967, the 25th Amendment lays out the provisions for a transfer of power from a US president who dies, resigns, […]
Donald Trump finally faces reality — amid talk of early ouster
By JONATHAN LEMIRE and ZEKE MILLER WASHINGTON:With 13 days left in his term, President Donald Trump finally bent to reality Thursday amid growing talk of trying to force him out early, acknowledging he’ll peacefully leave after Congress affirmed his defeat. Trump led off a video from the White House by condemning the violence carried out […]
Tesla CEO Elon Musk now world’s wealthiest person: US media
NEW DELHI: Elon Musk, the outspoken and envelope-pushing chief executive of Tesla, overtook Amazon boss Jeff Bezos to become the world’s wealthiest person, US media reported Thursday. Musk is a major shareholder of the electric car company and has benefited from Tesla’s surging share price over the last year. CNBC estimated Musk’s wealth at $185 […]