India approves RFP for construction of six submarines at approx cost of Rs 43,000 crore
NEW DELHI: The Defence Acquisition Council (DAC), in its meeting held under the Chairmanship of Raksha Mantri (India’s Defence Minister) Rajnath Singh on June 04, 2021, has approved proposals concerning Capital Acquisitions of various equipment for modernisation and operational needs of the Armed Forces amounting to approx. Rs 6,000 crore. In addition, the DAC also […]
India’s GST revenues up 65% in May at Rs 1.02 lakh crore
NEW DELHI:The gross GST revenue collected in the month of May 2021 is Rs 1,02,709 crore of which CGST is Rs 17,592 crore, SGST is Rs 22,653, IGST is Rs 53,199 crore (including Rs 26,002 crore collected on import of goods) and Cess is Rs 9,265 crore (including Rs 868 crore collected on import of […]
YIAPL secures Rs 3,725 crore loan from SBI for development of Jewar airport
NEW DELHI: The Yamuna International Airport Private Limited (YIAPL) has secured a loan of Rs 3,725 crore from the State Bank of India for the development of Noida international airport at Jewar in Uttar Pradesh, according to a statement issued on Friday. YIAPL is a 100 per cent subsidiary of Zurich Airport International and has […]
South African court freezes assets of Gupta family and associate
JOHANNESBURG: A South African court on Friday froze the assets of the controversial Indian-origin Gupta family and their associate, Iqbal Meer Sharma, which included palatial homes in upmarket areas. On Thursday, the Investigating Directorate (ID) of the National Prosecuting Authority (NPA) of South Africa asked Interpol to issue Red Notice International Arrest Warrants for Atul […]