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 […]
Russia-Ukraine: What to know as Russia attacks Ukraine
By VANESSA GERA WARSAW,POLAND: Poland: Russia launched a full-scale invasion of Ukraine that opened with air and missile strikes on Ukrainian military facilities before troops and tanks rolled across the borders from the north, east and south. The Ukrainian military fought back on multiple fronts. President Volodymyr Zelenskyy said in a video address early Friday […]
Dahanu Municipal Corporation to host grandest beach festival next month
NEW DELHI: With sustainable tourism and promotion of local culture as the core objective, Dahanu Municipal Corporation is organizing the first-ever Dahanu Festival on 12th and 13th March, 2022. The Seaview Park, Dahanu beach will be the venue for the grandest ever festival that will celebrate the legacy and culture of Dahanu. The venue which […]
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 […]
Tata Housing to invest $36 million to develop 2 residential projects in Maldives
NEW DELHI: Tata group’s realty firm Tata Housing on Wednesday announced an investment of USD 36 million (around Rs 270 crore) to develop two luxury residential projects in Maldives. The company will construct around 117 housing units in these two projects. In a statement, Tata Housing said it has launched another international project in Maldives. […]
IKEA India hires Susanne Pulverer as first woman CEO
NEW DELHI: Sweden-based IKEA, the world’s leading home furnishing retailer, on Wednesday announced the appointment of Susanne Pulverer as its first woman chief executive officer (CEO) and chief sustainability officer (CSO) for its India business. Pulverer will replace the outgoing IKEA India CEO and CSO Peter Betzel, IKEA said in a statement. This will be […]
India could export $500 billion green energy over 20 years: Mukesh Ambani
NEW DELHI: As India shapes its energy transition to cleaner fuels, billionaire Mukesh Ambani on Wednesday said technological advancements will make India a global new energy leader, exporting half a trillion dollars worth of clean energy in two decades. Ambani, who is helming a transition to green hydrogen production at its oil-dominant conglomerate, said India […]
‘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 […]
SIS bags project worth Rs 225 crore to provide security solutions to CIL arm
NEW DELHI: SIS Ltd on Tuesday said it has bagged a project worth Rs 225 crore to provide security solutions to Coal India-arm MCL. As part of the contract, SIS will deploy security personnel in different categories to provide security services across 18 sites of Mahanadi Coalfields Ltd (MCL) at Sambalpur, Bhubaneshwar, IB Valley Coalfields […]
SJVN signs papers to get Rs 6,333 crore loan for Arun-3 hydro project in Nepal
NEW DELHI: State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal. “SJVN Arun-3 Power Development Company, a subsidiary of SJVN Ltd in Nepal, today (on Tuesday) signed term loan documents for drawl of Rs […]
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. […]
Pop star Britney Spears signs $15 million deal for tell-all memoir
NEW DELHI: Pop star Britney Spears has signed a USD 15 million book deal with publishing house Simon & Schuster for a tell-all memoir. According to Page Six, Simon & Schuster secured the deal for Spears’ memoir after a massive bidding war involving multiple publishers. The book deal comes three months after the singer’s 13-year […]
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 […]
Warburg to buy minority stake in medical devices major Meril for $210 million
NEW DELHI: Leading global growth investor Warburg Pincus has agreed to pick up a minority stake for USD 210 million (about Rs 1,575 crore) in Micro Life Sciences, the parent firm of the Meril Group, which is the largest medical devices firm in the country. Warburg said the transaction, awaiting CCI approval, will be carried […]
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 […]