Kalpataru group to invest Rs 250 crore to build housing project in Pune
NEW DELHI: Real estate firm Kalpataru Ltd will invest Rs 250 crore to develop a premium housing project in Pune as part of its expansion plan. The Mumbai-based company said in a statement on Wednesday that it has launched its premium residential project ‘Kalpataru Aurum’ in Baner, Pune. The project, which is spread over 2.33 […]
Telangana Chief Minister announces recruitment to fill over 80,000 vacancies in government
NEW DELHI: Telangana Chief Minister K Chandrasekhar Rao on Wednesday announced immediate recruitment to fill up 80,039 vacancies in the state government. Making a statement in the Telangana Legislative Assembly, the Chief Minister said the notification for recruitment in the government departments would be implemented from today itself. Rao said 95 per cent reservation in […]
L&T arm bags ‘significant’ order from DMRC for Phase-IV of Delhi MRTS
NEW DELHI: L&T Construction has won a significant order from Delhi Metro Rail Corporation (DMRC) to design and construct the underground metro project of Phase-IV of Delhi MRTS. L&T Construction is the construction arm of infrastructure major Larsen & Toubro (L&T). “The heavy civil infrastructure business vertical of L&T Construction has won a significant order […]
India adds record 1,700 megawatt rooftop solar capacity in 2021: Mercom
NEW DELHI: India installed a record 1,700 megawatt (MW) of rooftop solar capacity in 2021, registering a 136 per cent year-on-year rise, according to a Mercom India Research report. The country had added 719 MW of rooftop solar capacity in 2020, the research firm said in its latest report on Wednesday. India added a record […]
Kajaria Ceramics launches its largest store to cater to NCR region
NEW DELHI: Tiles maker Kajaria Ceramics on Wednesday announced the launch of its largest store in the country to sell tiles and bathware products. The 100th Kajaria Eternity World showroom, which has come up in an 11,000 square feet area in Lajpat Nagar, offers tiles and Kerovit bathware products under one roof. “Delhi is one […]
Madhya Pradesh government presents Rs 2.79 trillion tax-free budget; focus on infra, child welfare
NEW DELHI: No new tax was proposed in Madhya Pradesh’s Rs 2.79 lakh crore budget for 2022-23 presented in the Assembly on Wednesday, while Finance Minister Jagdish Devda made substantial allocations for infrastructure at Rs 42,128 crore, for health at Rs 19,405 crore besides Rs 32,843 crore for education in the next fiscal. For the […]
Investors richer by over Rs 7.21 trillion in two days of market rally
NEW DELHI: Equity investors became richer by over Rs 7.21 lakh crore as stock markets continued the rally for the second day on Wednesday. The 30-share BSE Sensex opened in the green on Wednesday and further jumped 1,469.64 points or 2.75 per cent to 54,893.73 during the day. It finally settled at 54,647.33, higher by […]
We should cross $40 billion export-mark this year: India’s Textiles Secretary
NEW DELHI: India’s textiles exports are expected to cross USD 40 billion during the current fiscal, Textiles Secretary UP Singh said on Wednesday. However, he said that if the maximum increase in exports would come from the shipment of cotton yarn, then “I am not too comfortable”. “We would not only touch USD 40 billion […]
Ather Energy ties up with Foxconn group arm for supply of key components
NEW DELHI: Electric two-wheeler maker Ather Energy on Wednesday said it has joined hands with Bharat FIH, a Foxconn Technology Group company, to develop and manufacture key components for the former’s scooters. The partnership aims to enhance the manufacturing ecosystem to meet the strong demand for Ather Energy’s flagship products — Ather 450X and 450 […]
Raymond appoints Sunil Kataria as CEO of Lifestyle Business
NEW DELHI: Leading textile and apparels firm Raymond on Wednesday said it has appointed Sunil Kataria as the CEO of its lifestyle business. The Mumbai-based company said it has strengthened its leadership team by on-boarding the seasoned professional reckoned for leading large-scale business transformations and creating strong consumer brands in India and Southeast Asia. In […]
Hindustan Unilever announces key changes to management committee
NEW DELHI: FMCG major Hindustan Unilever on Wednesday said it has appointed Madhusudhan Rao and Deepak Subramanian to its management committee. Rao has been appointed as Executive Director, Beauty & Wellbeing and Personal Care, while Subramanian has been named as Executive Director, Home Care. Rao takes over from Priya Nair, who will move into her […]