Month: January 2022

SBI suspends circular on recruitment of pregnant women

NEW DELHI: After facing criticism from various quarters, the country’s largest lender State Bank of India (SBI) on Saturday decided to suspend its circular on recruitment of pregnant women. SBI recently reviewed its ‘Fitness Standards for Recruitment in the Bank’, including norms for Pregnant Women candidates. Under the new rules, a woman candidate with more […]

India to export BrahMos missiles to Philippines, signs $374-mn deal

NEW DELHI: India got its first ever export order for BrahMos missiles on Friday when the Philippines’ Defence Ministry signed $374-million contract with BrahMos Aerospace Private Limited to supply an undisclosed number of missiles, military officials said. The BrahMos Aerospace Private Limited (BAPL), an India-Russian joint venture, produces the supersonic cruise missile BrahMos that can […]

Venkatraman Anantha Nageswaran to be named chief economic adviser of India

NEW DELHI: The government of India has appointed Dr V. Anantha Nageswaran as the Chief Economic Advisor and today, he has assumed charge. Prior to this appointment, Dr. Nageswaran has worked as a writer, author, teacher and consultant. He has taught at several business schools and institutes of management in India and in Singapore and […]

Google to invest up to $1 billion in Airtel

NEW DELHI: Bharti Airtel and Google today announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve problems of affordability, access, and digital inclusion. […]

​Kia India appoints MyungSik Sohn as Chief Sales Officer

​NEW DELHI: Kia India, the fastest-growing carmaker in the country, today announced the appointment of MyungSik Sohn as Chief Sales Officer (CSO) with effect from Jan, 2022. In his new role, Sohn will oversee the planning and execution of sales strategies aimed at driving growth. He will also collaborate with Kia India’s current leadership to […]

Global pharmas misleading Indian consumers in guise of Green Light

By Khalid Raza Khan At a time while the nation feels pride in India earning global trust in the healthcare sector, which had led to the country being called the world’s pharmacy, at a time when the global human race was on threat and looking towards India with a great hope which was earnestly fulfilled […]

Elan Group acquires 40-acre land in Gurugram for Rs 580 crore from Indiabulls

NEW DELHI: In a big-ticket land deal, Elan Group has bought around 40-acre land in Gurugram for Rs 580 crore from Indiabulls Real Estate to develop housing and commercial projects. With the purchase of this land parcel, located on Dwarka Expressway, Elan Group will make an entry into the housing segment with the total development […]

STL wins Rs 170 crore deal from PGCIL

NEW DELHI: STL, an industry-leading integrator of digital networks, announced a partnership with India’s largest power distribution company, Power Grid Corporation of India Limited (PGCIL). Through this collaboration, STL will fulfil PGCIL’s requirement for high performance, integrated network management systems across their regional communications networks. With this multi-year deal worth Rs 170 crore STL further […]

Aparna Constructions launches Aparna Zenon in Puppalaguda, invests Rs 2550 crores into project

NEW DELHI: Aparna Constructions and Estates Private Limited has announced that they are launching their 60th residential project – Aparna Zenon, a gated community located at Puppalaguda, Nanakramguda, Telangana. With an estimated 2550Crores infused into this project, AparnaZenon is one of the much awaited upcoming projects from the brand. Situated in Puppalaguda, Nanakramguda, a bustling […]

India engineering goods exports jump to $82 billion during April-December 2021

NEW DELHI: Exports of Engineering Goods jumped to USD 81.8 billion during April-December 2021 (Provisional) as compared to USD 52.9 billion during same period in the previous year (2020), registering a stupendous growth of 54%. Engineering Goods sector constitutes the largest, more than 27%, share of India’s total exports basket during the period. As compared […]

India releases 2nd volume of vision document on electronics manufacturing

NEW DELHI: Ministry of Electronics and Information Technology, in association with ICEA, released a 5-year roadmap and Vision Document for the electronics sector today, titled “$300 billion Sustainable Electronics Manufacturing & Exports by 2026.” This roadmap is the second volume of a two-part Vision Document – the first of which titled “Increasing India’s Electronics Exports […]

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