Airtel launches-Airtel Safe Pay
NEW DELHI: To protect Airtel customers from the growing incidents of online payment frauds, Airtel Payments Bank has launched ‘Airtel Safe Pay’ – India’s safest mode for making digital payments. With ‘Airtel Safe Pay’, Airtel customers making UPI or Netbanking based payments through Airtel Payments Bank, no longer have to worry about money leaving their […]
Jet Airways engineers’ body files NCLT application for quick resolution
NEW DELHI: The Jet Airways Aircraft Maintenance and Engineers Workers Association (JAMEWA) has filed an application with the NCLT to expedite the insolvency process of the airlines before the end of this month so that it can get ‘summer slots’. According to the application filed on Wednesday, “for summer months the international slots will be […]
Vaccine diplomacy: Nepal, Bangladesh, Bhutan and Maldives get India’s anti-COVID-19 doses
KATHMANDU/DHAKA: Nepal, Bangladesh, Bhutan and the Maldives have received India’s COVID-19 vaccines under grant assistance in sync with its a Neighbourhood First’s policy. India is one of the world”s biggest drugmakers and an increasing number of countries have already approached it for procuring the coronavirus vaccines. India has already rolled out a massive coronavirus vaccination […]
Income Tax Department detects Rs 1,420 crore undisclosed transaction after raids in Jaipur
NEW DELHI: The Income Tax Department carried out search and survey operations on Thursday (19.01.2021) in Jaipur on three groups, involving one jeweller and two real-estate colonizers and developers. Co-ordinated search operation was conducted at 20 premises and survey was conducted at 11 premises. One of the groups is a prominent builder, developer and colonizer in […]
About 1.1 crore houses approved under PMAY(U) so far
NEW DELHI: Construction of 1,68,606 new houses have been approved in the 52nd Meeting of the Central Sanctioning and Monitoring Committee (CSMC) under Pradhan Mantri Awas Yojana (Urban). 14 States/UTs participated in this meeting. These houses are proposed to be constructed across the verticals of Beneficiary Led Construction, Affordable Housing in Partnership and In-Situ Slum […]
Amit Shah inaugurates new 4-lane Thaltej-Shilaj-Rancharda railway overbridge, built at a cost of Rs 55 crore
NEW DELHI: The Union Home Minister Amit Shah inaugurated the new 4-lane Thaltej-Shilaj-Rancharda railway overbridge, built at a cost of Rs 55 crore, in Ahmedabad city of Gujarat through video conferencing from New Delhi today. Several dignitaries including Gujarat Deputy Chief Minister Nitin Patel were present at the programme. In his address on the occasion, […]
Luxury carmaker BMW to bring 25 new products in India this year
NEW DELHI:German luxury automotive group BMW plans to bring 25 new products in India this year as it looks to accelerate sales growth, leaving behind the worst of the coronavirus pandemic. The company, which on Thursday launched its BMW 3 Series Gran Limousine priced between Rs 51.5 lakh and Rs 53.9 lakh (ex-showroom Delhi), expects […]
NCLT agrees to hear plea alleging mismanagement in real estate firm Omaxe
NEW DELHI: The National Company Law Tribunal (NCLT) has agreed to hear a petition filed against Omaxe Ltd alleging oppression and mismanagement in the affairs of the Delhi-based real estate firm. Terming the matter as “exceptional” and having “compelling circumstances” against the realty firm, a two-member Chandigarh-based NCLT bench has granted the waiver in the […]
HP hires Sarabjit Baveja as chief strategy, incubation officer
SAN FRANCISCO:PC and printer major HP Inc has appointed Sarabjit Singh Baveja as Chief Strategy and Incubation Officer who will lead the strategy, corporate development and new business incubation efforts focused on driving new sources of growth and long-term value creation. Baveja, who joins HP from Bain & Company, will work closely with the executive […]
Netflix surpasses 200 million paid subscribers
SAN FRANCISCO: Paid subscribers for Netflix surpassed the 200 million mark in 2020 as Covid-19 restrictions helped it to gain viewership, the streaming giant has said. The numbers were revealed on Tuesday as Netflix reported its results for the fourth quarter which saw an addition of over 8.5 million paid subscribers to the platform. Average […]
Maruti Suzuki commences production, export of Jimny
NEW DELHI: Automobile major Maruti Suzuki India has commenced export of Suzuki’s compact off-roader Jimny from India. Accordingly, the first shipment of 184 units left from Mundra port to Latin American countries such as Columbia and Peru. Besides, the three-door Suzuki Jimny will also be exported to the Middle East and African markets from India, […]
Hyundai’s philanthropic arm signs MoU with IIT Delhi to support research
NEW DELHI: Automobile major Hyundai Motor India’s philanthropic arm on Wednesday signed a Memorandum of Understanding (MoU) with IIT Delhi to support the research work at ‘Centre for Automotive Research and Tribology’. Besides, the philanthropic arm – Hyundai Motor India Foundation – donated a KONA Electric for IIT Delhi students to study alternate energy powered […]
MINI India delivers 512 cars in 2020, grows 34% in Q4
NEW DELHI: BMW Group India’s premium small car brand MINI India has delivered a strong performance of 512 cars in the calendar year 2020. The company said withstanding the current market challenges and lockdown situation, MINI India regained momentum swiftly in the second half of the year. Accordingly, in Q4 2020 (October – December), MINI […]
Ola partners with Siemens for EV manufacturing facility
NEW DELHI: Ride-hailing major Ola on Wednesday said it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility. This announcement comes on the heels of Ola’s Memorandum of Understanding (MoU) with the Tamil Nadu government to invest nearly Rs 2,400 crore towards building this facility. Ola said that […]
Beijing’s GDP tops $558.5 billion in 2020
BEIJING: Beijing’s GDP reached over 3.6 trillion yuan (about $558.5 billion) in 2020, up 1.2 per cent over the previous year at comparable prices, according to the Beijing Municipal Statistics Bureau. The value-added of industrial enterprises above designated size in Beijing increased by 2.3 per cent during the period, with the manufacturing of computers, communications […]
Singapore-based firm to set up data centre in Noida
LUCKNOW: The Singapore-based ST Telemedia Global Data Centres (STT GDC) India has proposed to develop a Greenfield Data Centre Campus in Uttar Pradesh’s Noida district. In a meeting with Additional Chief Secretary, Industrial Development, Alok Kumar, the STT GDC India representative informed that in the first phase, the company proposed to develop the data centre […]