Month: May 2021

Construction firm J Kumar Infraprojects bags Rs 1,307.8 crore order from MMRDA

NEW DELHI: Civil engineering and construction company J Kumar Infraprojects Ltd on Monday said it has bagged an order worth Rs 1,307.88 crore from the Mumbai Metropolitan Region Development Authority. In a regulatory filing the company said the order is for part design and construction of balance works of Mumbai Metro Rail project “The company […]

Raymond Limited appoints Harmohan Sahni as CEO of realty business

NEW DELHI: Raymond Ltd on Monday said it has appointed Harmohan Sahni as chief executive officer (CEO) of its realty business. “Raymond Ltd strengthened its executive leadership team with the appointment of Harmohan Sahni as chief executive officer of its realty business. An industry stalwart, Harmohan was till recently the COO of Real Estate business […]

Eight of top-10 most valued firms add over Rs 1.39 lakh crore in m-cap; Reliance Industries tops chart

NEW DELHI: Eight of the top-10 most valued companies together added Rs 1,39,566.52 crore in market valuation last week, with Reliance Industries, TCS and Infosys emerging as top performers. On a weekly basis, the BSE benchmark Sensex gained 882.40 points or 1.74 per cent. Only Hindustan Unilever and Bajaj Finance saw losses in their market […]

Nearly 470 infrastructure projects show cost overruns worth Rs 4.38 lakh crore

NEW DELHI: As many as 470 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.38 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above. Of the 1,737 such projects, 470 reported […]

Google, Facebook updating website to reflect new grievance officer appointed under IT rules

NEW DELHI: Large digital companies like Google and Facebook have begun updating their websites to reflect the appointment of the grievance officers under the new social media rules that came into effect recently. According to government sources, large social media companies like Google, Facebook and WhatsApp have shared details with the IT Ministry as per […]

India sent private jet to Dominica carrying Mehul Choksi deportation documents: Antiguan Prime Minister

NEW DELHI: India sent a private jet to Dominica carrying documents related to the deportation of fugitive businessman Mehul Choksi, wanted in a Rs 13,500 crore bank loan fraud case, Prime Minister of Antigua and Barbuda Gaston Browne told a radio show in his country. There was, however, no immediate official confirmation from Indian authorities […]

Gujarat Chief Minister launches projects worth over Rs 500 crore

AHMEDABAD: Gujarat Chief Minister Vijay Rupani on Friday launched various projects worth Rs 585 crore of Ahmedabad Municipal Corporation (AMC). He launched the projects through video conference from Gandhinagar. These projects included phase-2 of the Sabarmati Riverfront development from Dafnala till Indira Bridge on the eastern side of the city, a government release said. While […]

Russia’s Sputnik V Covid-19 vaccine manufacturing to start soon in India: V.K. Paul

THIRUVANANTHAPURAM: The manufacturing of Russia’s Sputnik V Covid-19 vaccine will start soon in India as the country has accomplished technology-transfer to Indian companies, said Dr Vinod K. Paul, chair of the National Expert Group on Vaccine Administration for Covid-19 (NEGVAC) on Thursday. Paul made the announcement while clearing the myth that the Centre is not […]

Amazon to buy MGM Studios for $8.45 billion

By JOSEPH PISANI NEW YORK: Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde” and “Shark Tank,” with the hopes of filling its video streaming service with more stuff to watch. Amazon is paying $8.45 billion for MGM, making it the company’s second-largest acquisition after it bought […]

Modi government looking into securing part of Johnson and Johnson vaccines for Indian market

NEW DELHI: Johnson and Johnson’s COVID-19 vaccine to be manufactured in India by Biological E cannot be directly channelled to the domestic market and will have to be handed over entirely to the US pharma giant as agreed by the firms but the Narendra Modi government is looking at the possibility of securing a part […]

Soybean meal prices doubled; govt should permit import at zero duty: AIPBA

NEW DELHI: Expressing concern over rise in animal feed prices in the domestic market, the All India Poultry Breeders Association (AIPBA) on Sunday demanded the government to reduce import duty on soybean meal to zero for at least five months. Soybean meal remains the most common protein source for all compound feeds for poultry, dairy […]

Back To Top