Qualcomm hopeful of faster 5G deployment in India
NEW DELHI: Mobile chipmaker Qualcomm is hopeful that 5G technology would be deployed in India at the same pace 4G networks were rolled out and noted the new-age technology offered great potential for consumers and enterprises alike. Speaking to PTI, Qualcomm Incorporated President Cristiano Amon said he is extremely happy with the pace at which […]
Congress wins 114 seats in Madhya Pradesh
NEW DELHI: Congress won 114, BJP 109, Bahujan Samaj Party 2, Samajwadi Party 1 and Independent 4, said Madhya Pradesh Chief Electoral Officer V L Kantha Rao.
India appoints Krishnamurthy Subramanian as Chief Economic Adviser
NEW DELHI: The government of India on Friday appointed ISB Hyderabad professor Krishnamurthy Subramanian as Chief Economic Adviser for a period of three years. The post of CEA had been lying vacant since Arvind Subramanaian left the finance ministry after a four-year stint earlier this year. “The Appointments Committee of the Cabinet (ACC) has approved […]
NPCCL to develop residential quarters for officials of Central Board of Indirect Taxes and Customs
NEW DELHI: The National Projects Construction Corporation Limited (NPCCL) is constructing 256 residential quarters for officials of Central Board of Indirect Taxes and Customs in Sector 9 in Delhi’s Dwarka. The residential project costing Rs 211 crore will be completed within 34 months. The department of revenue got the land measuring 17832 square meters for […]
Alstom successfully delivers last train for Sydney Metro
NEW DELHI: French company achieved a significant milestone by completing the last of the 22 Metropolis trains for Sydney Metro, currently being delivered on schedule from its Alstom’s Sricity facility in Andhra Pradesh. The flag-off ceremony at Sricity took place in the presence of Ling Fang, Alstom Senior Vice President Asia Pacific, Alain Spohr, Managing […]
SpiceJet offers special fares on new flights from Hyderabad
NEW DELHI: Budget carrier SpiceJet has announced the launch of eight new direct flights from Hyderabad connecting Kolkata, Pune and Coimbatore, starting 1 January next year. The Gurugram-based airline will also add another six new seasonal flights and frequencies from Bengaluru to Kochi, Port Blair as well as Bagdogra in West Bengal, SpiceJet said in […]
Jet Airways cuts base fares by up to 30% for 7 days
NEW DELHI: Private carrier Jet Airways has reduced its base fares by up to 30% for both domestic and international travel across its network under a limited period offer, the airline said on Wednesday. The seven-day offer, which commenced on Wednesday, is applicable to both business and economy class bookings as well as for some […]
Fugitive liquor tycoon Vijay Mallya offers to return 100% of public money
NEW DELHI: Fugitive liquor tycoon Vijay Mallya on Wednesday said his extradition from the UK to India will take its own legal course, while offering to pay back 100 per cent of “public money”. Mallya, who has been fighting a legal battle against his extradition to India, claimed that he has been falsely dubbed as […]
Amrapali case: Supreme Court orders attachment of group’s 5-star hotel, malls, factories
NEW DELHI: Continuing its crackdown on the embattled Amrapali Group, the Supreme Court of India on Wednesday ordered attachment and sale of the realty firm’s five-star hotel, cinema hall, malls and factories across India, calling it “a worst kind of cheater” and “a perfect liar” for not complying with the court’s direction. The top court […]
Lalit Kumar Chandel appointed government nominee on ICICI Bank board
NEW DELHI: The government of India has appointed Lalit Kumar Chandel, economic advisor in the Department of Financial Services, as its nominee on the board of ICICI Bank with effect from 4 December, the lender said on Wednesday. Chandel has been nominated as the government nominee director in place of Lok Ranjan, as per the […]
New train reservation rules: These many seats will now be reserved for women
NEW DELHI: Indian Railways has decided to reserve for women six berths in AC 3-tier of Rajdhani, Duronto and all fully air-conditioned trains, according to a circular issued by the Railway Board. This quota is in addition to a combined quota of four lower berths per coach allotted in AC 3-tier for senior citizens, female […]
Novartis India MD Milan Paleja to step down
NEW DELHI: Drug firm Novartis India on Wednesday said its Vice Chairman and Managing Director Milan Paleja has decided to step down from company, with effect form 31 May 2019. Paleja has informed the company’s board of his decision to resign as the vice chairman and managing director effective 31 May 2019 for embracing challenges […]
Christian Michel sent to 5-day CBI custody by court in VVIP chopper case
NEW DELHI: Christian Michel, the alleged middleman who has been chargesheeted in the Rs 36-billion AgustaWestland VVIP chopper deal, was Wednesday produced before a Delhi court which allowed his five-day custodial interrogation by the CBI. He will again be produced in the court on December 10. Michel, who is a citizen of United Kingdom, was […]
AgustaWestland scam: UK seeks information from India on Christian Michel extradition
NEW DELHI: The UK government on Wednesday said it has sought urgent information from India on the circumstances surrounding the detention and extradition of Christian Michel, the alleged middleman in the Rs 3,600-crore AgustaWestland VVIP chopper scam case, who is facing allegations of bribery. The businessman, a British national, was arrested in the UAE and […]
Shajai Jacob joins ANAROCK
NEW DELHI: ANAROCK Property Consultants today announced that Shajai Jacob has been appointed as Chief Executive Officer – GCC (Middle East). Prior to join ANAROCK, he was Executive Director & Head – Marketing (West Asia) at international property consultancy JLL India, He will be based out of ANAROCK’s Dubai office and will have complete oversight […]
L&T construction wins orders valued Rs 4562 crore
NEW DELHI: Larsen & Toubro (L&T) said its construction arm has bagged orders worth Rs 2106 crore across various business segments in the domestic market. Water and Effluent Treatment Business: The business has secured orders worth Rs 1954 Crore. A Design & Build order has been received from the Andhra Pradesh Capital Region Development Authority (AP CRDA) […]