Modi government-farmers talks hit roadblock; Unions threaten to intensify agitation
NEW DELHI: The Narendra Modi government’s negotiations with protesting farm unions hit a roadblock on Friday as the farmer leaders stuck to their demands for a complete repeal of three farm laws they find pro-corporate and a legal guarantee for MSP, even as the Centre asked them to reconsider its proposal for putting the Acts […]
Air taxi start-up Joby explores deal to go public
By Joshua Franklin, Anirban Sen Electric passenger aircraft developer Joby Aero Inc is exploring a deal to go public through a merger with a blank-check acquisition firm at a valuation of around $5 billion, according to people familiar with the matter. Joby has hired investment banks to solicit interest from so-called special purpose acquisition companies […]
Migsun to develop 103 acre township in Greater Noida; to invest Rs 250 crore on 1st phase
NEW DELHI: Realty firm Migsun group has formed a joint venture with another builder to develop a 103-acre township in Greater Noida and will invest around Rs 250 crore to construct the first phase of the project. Last month, Migsun had bought 37.5 acre IT SEZ project in Greater Noida from Ansal Properties & Infrastructure […]
ILC Group appoints Nihit Kumar as General Manager & Head – Marketing
NEW DELHI: An emerging leader in Delhi NCR’s real estate leader, ILC Group, has announced the appointment of Nihit Kumar as the General Manager & Head – Marketing. Backed by a full-stack experience of over 15 years in brand strategy, events, promotions, product launch and digital amplification, Nihit’s role will be aimed at implementing a […]
Emaar accuses MGF, Shravan Gupta of fraudulent transfer of land parcels
NEW DELHI: Emaar India Limited, a subsidiary of world renowned global real estate company Emaar Properties, Dubai, recently cautioned public against dealing with MGF Group, its promoter Mr. Shravan Gupta, and associates, in respect of a land parcel in Okhla, Delhi. This land was valued at nearly INR 5 billion in 2008 and may be […]
Ministry of Road Transport & Highways joins hands with Roorkee to develop indigenous and apt technologies
NEW DELHI: Minister of Road Transport & Highways, Nitin Gadkari has taken an initiative to develop indigenous and apt technologies to bring down the cost of construction and reduce the construction period of Road/ Bridge/Tunnel projects and to fulfill this objective the expertise available in the country with Research Institutes and Academia is being harnessed. […]
Google threatens to block Australians over media law
By Andrew LEESON Google threatened Friday to block Australians from using its search service unless the government changed landmark legislation to make the internet giant pay news outlets for their content. Google Australia managing director Mel Silva warned a Senate committee in Canberra that the world-first media law was “unworkable” and would undermine the functioning […]
Farmers body rejects Modi government proposal to suspend farm laws
NEW DELHI: Farmer leaders on Thursday rejected the Narendra Modi government’s offer to suspend the three farm laws for 12 to 16 months. At a full general body meeting of the Sanyukta Kisan Morcha, a complete repeal of three central farm laws and enacting a legislation for remunerative MSP for every farmer were again reiterated […]
Sensex over 50K mark as Joe Biden, Budget fuel fast recovery hopes
NEW DELHI: Positive global cues and expectations of healthy quarterly results, along with that of a supportive Union Budget FY22, powered the ascent of India’s barometer index — the S&P BSE Sensex — to cross the 50,000 mark on Thursday. However, the barometer index dipped below the psychologically important mark due to profit booking at […]