Month: February 2022

DLF launches 1,500 residential plots in Chennai

NEW DELHI: India’s top real estate company DLF has announced the launch of Chennai’s first-of-its-kind, nature inspired, theme based plotted development, Parc Estate off the Old Mahabalipuram Road. It offers 1,500 plots spread over an area of approximately 85 acres’ with plot sizes ranging from 600 sqft. to 4000 sqft., with an approximate price of […]

Elon Musk activates Starlink internet service in Ukraine

Elon Musk said Saturday his company SpaceX’s Starlink satellite broadband service had been activated in Ukraine, after a Kyiv official urged the tech titan to provide his embattled country with stations. “Starlink service is now active in Ukraine,” Musk tweeted, adding “more terminals en route.” The tweet came some 10 hours after Ukrainian Minister of […]

Daleep Singh, a Indian-American economic advisor who is leading Joe Biden’s administration in executing sanctions on Russia

NEW DELHI: Indian-American economic advisor Daleep Singh is leading the efforts of the Biden administration to impose punitive sanctions on Russia over its actions against Ukraine. Russian President Vladimir Putin on Monday signed decrees to recognise Ukraine’s regions of Donetsk and Luhansk People’s Republics as independent, escalating the tension in the region and increasing fears […]

‘India’s textiles exports can touch $100 billion from current $40 billion in 5 years’

NEW DELHI: India’s annual textiles exports can rise to USD 100 billion in the next five years from the current USD 40 billion, a top official said on Tuesday. Speaking at the 44th Foundation Day of the Apparel Export Promotion Council (AEPC), Textiles Secretary Upendra Prasad Singh said the country’s apparel industry must focus on […]

HSBC’s profit before tax from India rises marginally to USD 1.11 billion

NEW DELHI: Foreign lender HSBC’s profit before tax (PBT) from India rose marginally to USD 1.11 billion in 2021. The bank’s PBT had stood at USD 1.024 billion in 2020. The country is the fourth biggest profit centre for the UK-headquartered lender, after Hong Kong, the UK and Mainland China, according to an official statement. […]

Vistara to ramp up manpower to 5,000 this year, says CEO Vinod Kannan

NEW DELHI: Vistara plans to significantly ramp up its staff strength to a total of 5,000 by the end of this year as the full service carrier focuses on increasing capacity utilisation, expanding fleet and further improving overall services. Currently, the airline has around 4,000 people. After being significantly hit by the coronavirus pandemic, including […]

Kia India crosses 500,000 dispatch mark from Anantapur plant in Andhra Pradesh

NEW DELHI: Automaker Kia India on Tuesday said it has crossed five lakh units in terms of dispatch across domestic and export markets from its Anantapur plant in Andhra Pradesh. With this, the company has also surpassed the four lakh sales milestone in the country and has already exported over one lakh cars to more […]

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