ED sends notice to Bengal home secretary in Metro Dairy case
KOLKATA: The Enforcement Directorate (ED), probing the money-laundering aspect of Metro Dairy’s share transfer to a private firm, has sent a notice to Bengal home secretary H K Dwivedi, agency sources said on Tuesday. ED officials had in February conducted raids at Keventer’s office here, the private entity to whom the shares were sold. In […]
Adani wins 300 MW wind energy capacity at Rs 2.77/unit
NEW DELHI: Auctions for 1,200 MW conducted by SECI on Monday saw wind power tariffs dropping to as low as Rs 2.77 per unit, sources said. According to the sources, Solar Energy Corporation of India (SECI) on Monday conducted auction for a total of 1,200 MW of wind power generation capacity. SECI is the nodal […]
BCCI invites bids for its and IPL digital properties
NEW DELHI: The BCCI on Tuesday invited bids for its digital properties as well as those of the Indian Premier League (IPL) through a tender process. The Board said it is issuing two Request for Proposals (RFP), one concerning its website and mobile applications and the other relating to the same properties regarding the IPL. “The […]
Sensex, Nifty slip for 3rd day; financial stocks drag
MUMBAI: Equity benchmarks Sensex and Nifty gave up early gains to end marginally lower on Tuesday, tracking losses in financial stocks despite a firm trend in global markets. A weakening rupee and selling by foreign investors also weighed on Dalal Street, traders said. Falling for the third session on the trot, the 30-share BSE Sensex […]
Jammu and Kashmir approves Rs 2 lakh interest-free loan for PMAY-U beneficiaries
JAMMU: The Jammu and Kashmir Administrative Council, which met here under the chairmanship of Lieutenant Governor Manoj Sinha, approved the proposal of the Housing and Urban Development Department to provide interest-free loan up to Rs 2 lakh to the urban houseless economically weaker section beneficiaries under Beneficiary Led Construction (BLC) component of the Pradhan Mantri […]
Welspun One raises Rs 300 crore to fund logistics parks
NEW DELHI: Welspun One Logistics Parks has raised over Rs 300 crore from a set of investors comprising domestic high-net-worth investors and family offices. The category II alternative investment fund is an integrated funding, development and asset management platform and is backed by the Welspun Group and has set a target of investing Rs 1,900 […]
Kotak Investment, Allianz Group tie-up for India’s private credit market
Germany, France, Italy and Spain join countries suspending AstraZeneca coronavirus vaccine
BERLIN :A cascading number of European countries — including Germany, France, Italy and Spain — suspended use of AstraZeneca’s COVID-19 vaccine Monday over reports of dangerous blood clots in some recipients, though the company and international regulators say there is no evidence the shot is to blame. Pune-based drugmaker Serum Institute of India partnered with […]
Marine Aids to Navigation Bill introduced in Lok Sabha
NEW DELHI: With technological changes taking place at a fast pace in marine navigation, a bill to provide for a fresh framework to establish and manage vessel traffic services was introduced in Lok Sabha on Monday. The Marine Aids to Navigation Bill, 2021 provides for the use of the term marine aids to navigation instead […]
Airports Authority of India to assist in enhancing Bangladesh aviation infrastructure
NEW DELHI: The Airports Authority of India (AAI) has agreed to assist the Bangladesh aviation regulator in enhancing its capacity in terms of infrastructure and skilled manpower, according to a statement on Monday. A high-level delegation of the Civil Aviation Authority of Bangladesh (CAAB) visited the AAI from March 7-11 to “explore possible cooperation avenues”, […]