Supreme Court agriculture panel members are pro-govt, won’t appear before it: Farmer unions
NEW DELHI: Farmer unions protesting against the new agriculture-marketing laws Tuesday disapproved of the Supreme Court-appointed committee to break the deadlock over the acts, and said they will not appear before the panel and continue their agitation. Addressing a press conference at Singhu Border here, Union leaders claimed the members of committee formed by the […]
Farmer leaders welcome Supreme Court verdict staying implementation of 3 agriculture laws, but say protest to continue
NEW DELHI: Farmer leaders welcomed the Supreme Court order to stay the implementation of three farm laws on Tuesday, but said they would not call off their protest until the legislations are repealed. The Sankyukt Kisan Morcha, an umbrella body of around 40 protesting farmer unions, has called a meeting later in the day to […]
Supreme Court stays implementation of 3 new farm laws, sets up panel to resolve impasse
NEW DELHI: The Supreme Court Tuesday stayed the implementation of controversial new farm laws till further orders and decided to set up a 4-member committee to resolve the impasse over them between the Narendra Modi government (Centre) and farmers’ unions protesting at Delhi borders. A bench headed by Chief Justice S A Bobde and Justice […]
Mahindra Lifespaces joins hands with State Bank of India
NEW DELHI: Mahindra Lifespaces, the real estate and infrastructure development arm of Mahindra Group, and State Bank of India (SBI),India’s largest home loan lender, today signed a Memorandum of Understanding (MoU) to enable an improved and more seamless experience for homebuyers across India. As part of the agreement, which includes various co-promotional activities and outreach […]
Odisha announces Rs 92.37 crore financial assistance for Kendu workers
NEW DELHI: Odisha Chief Minister Naveen Patnaik has announced financial assistance of Rs 92.37 crore for the welfare of kendu leaf pluckers and other workers associated with it. The chief minister made the announcement while reviewing the welfare of the people, mostly tribals, engaged in kendu leaf activities on Monday. Of the total amount, Rs […]
Covid-19 impact: Ford announces closing of Brazil manufacturing operations
NEW DELHI:Ford Motor has said it will close three plants in Brazil and stop producing automobiles in the South American country. The company said in a statement on Monday it will cease production immediately at the factories “as the COVID-19 pandemic amplifies persistent industry idle capacity and slow sales that have resulted in years of […]
NSIC, Airtel join forces to accelerate Digital Transformation of Indian MSMEs
NEW DELHI: Bharti Airtel is stepping up initiatives to accelerate the digital transformation of Micro, Small and Medium Enterprises (MSME) in India by partnering with National Small Industries Corporation (NSIC), a government of India Enterprise having its mission “to promote and support MSME sector by providing integrated support services encompassing Marketing, Technology, Finance and other […]
Indian-American pleads guilty to telemarketing money-laundering charges
NEW DELHI: An Indian-American from Chicago has pleaded guilty to the charges of laundering money from a telemarketing scheme that defrauded elderly victims, the Department of Justice has said. Hirenkumar P Chaudhari, 27, faces up to 20 years in federal prison. His sentencing is scheduled for April 1. Chaudhari admitted in a plea agreement that […]
Finance Ministry releases Rs 6,000 crore to states, UTs to meet GST shortfall
NEW DELHI: The Ministry of Finance has released the 11th weekly instalment of Rs.6,000 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs.5,516.60 crore has been released to 23 States and an amount of Rs.483.40 crore has been released to the 3 Union Territories (UT) with Legislative […]
First Covishield consignment leaves Serum Institute for 13 locations
NEW DELHI: A decisive phase in India’s fight against coronavirus began in the wee hours on Tuesday as the first consignment of Covishield vaccines left Serum Institute of India for Pune airport, four days ahead of the nationwide inoculation drive launch. Three temperature-controlled trucks rolled out of the Serum Institute gates shortly before 5 am […]
President-elect Joe Biden pushes for $2,000 ‘stimulus check’ for Americans
WASHINGTON: US President-elect Joe Biden has called for a USD 2,000 “stimulus checks” to his fellow Americans, arguing that the current USD 6,00 coronavirus relief payment is not enough to choose between paying rent or putting food on the table. Biden has called the current USD 600 round of cash a “down payment,” and early […]
Focussed on stronger product portfolio in India for 2021, says POCO
NEW DELHI: POCO, which was spun off from Xioami as a separate entity last year, is focussed on bringing a stronger portfolio of smartphones and related products this year to strengthen its position in the Indian market. POCO that ranked third after Xiaomi and Samsung in terms of units sold online in November (data from […]
Adani Green commissions 25 MW solar plant in Uttar Pradesh’s Chitrakoot
NEW DELHI: Adani Green Energy Ltd (AGEL) on Monday said it hascommissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. Adani Solar Energy Chitrakoot One Ltd, a step-down subsidiary of AGEL, has commissioned the solar power plant, a company statement said. This plant has a power purchase agreement with Noida Power Company Ltd […]
BHEL secures Rs 450 crore order for steam and power plant from NALCO
NEW DELHI: State-run engineering firm BHEL on Monday said it has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited (NALCO). The Rs 450 crore order has been placed on BHEL by NALCO for its 5thStream Alumina Refinery Expansion Project at Damanjodi, Odisha, Bharat Heavy Electricals […]
AGC Networks raises Rs 225 crore via issuance of warrants to promoters
NEW DELHI: AGC Networks, AGC Networks Limited, Essar Group,AGC Networks Limited, a part of Essar Group, on Monday said it has raised Rs 225 crore through issuance of convertible warrants to promoters and promoter group of the company. “The company has issued 33,33,334 convertible warrants each convertible into equity share of face value Rs 10, […]
Expect 2021 to be better in terms of sales: Toyota Kirloskar Motor
NEW DELHI: Toyota Kirloskar Motor expects its sales to be better in 2021, against 2020, on the back of various factors such as new product launches and expectations of an economic revival, a senior executive has said. The company witnessed a 6 per cent rise in wholesales in the December quarter, reporting a 14 per […]