Nitin Gadkari to inaugurate Jowai-Ratacherra Section of NH-06
NEW DELHI: India’s Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari will be on a two day official visit to Shillong on the 24th and 25th of this month to do an extensive review of every National Highways project in the seven North Eastern states with all stakeholders. […]
Huawei India reinstates connectivity in flood affected Kerala within record time
NEW DELHI: Staying true to its commitment to prioritize network continuity in times of critical needs and natural disasters situations, Huawei India, in association with partners, undertook disaster relief initiatives for flood affected sites in Kerala ensuring network restoration and connectivity in record 72 hours. As an immediate response to the flooding situation in 12 […]
Sarbananda Sonowal calls for development of all 33 Assam districts
GUWAHATI: Assam Chief Minister Sarbananda Sonowal on Thursday called for development of all the 33 districts as per the resources available in each of them to achieve holistic development of the state. Chairing a meeting of the State Innovation and Transformation Aayog (SITA) here, Sonowal said after demonetization there was an increased need for bank […]
Adobe to acquire Marketo for $4.75 billion
NEW DELHI: Adobe has announced it has entered into a definitive agreement to acquire Marketo, the market-leading cloud platform for B2B marketing engagement, for $4.75 billion, subject to customary purchase price adjustments. With nearly 5,000 customers, Marketo brings together planning, engagement and measurement capabilities into an integrated B2B marketing platform. Adding Marketo’s engagement platform to […]
Infosys to open technology and innovation Hub in Arizona;hire 1000 workers by 2023
NEW DELHI: Indian tech giant Infosys today announced that it will open its next Technology and Innovation Hub in the State of Arizona and hire 1,000 American workers in the state by 2023. This announcement reinforces Infosys’ May 2017 commitment to open Technology and Innovation Hubs in the United States and hire 10,000 American workers. […]
Narendra Modi to inaugurate fertiliser plant, airport in Odisha
BHUBANESWAR: Prime Minister of India Narendra Modi is slated to launch a slew of projects including a fertiliser plant at Talcher and inauguration of Jharsuguda Airport in Odisha on Saturday, officials said on Thursday. During his one-day visit to the state, Modi will also dedicate to the nation mines of the NTPC and the Mahanadi Coalfields […]
Moody’s affirms Yes Bank’s ratings; outlook stable
NEW DELHI: Moody’s Investors Service on Thursday affirmed the ratings of Yes Bank, a day after RBI curtailed term of the midsize private lender’s promoter chief executive Rana Kapoor. The rating agency has also maintained the outlook on the ratings as stable. “Yes Bank’s profitability is strong, and Moody’s expects that the bank can maintain […]
Microfinance institutions should expand presence in North India
NEW DELHI: Reserve Bank of India (RBI) Deputy Governor N S Vishwanathan said on Thursday that there is much scope for increasing credit penetration in Northern part of the country and microfinance institutions (MFIs) should expand their presence there. Vishwanathan further said that MFIs need to become more efficient and invest more money in technology […]
Punjab cabinet clears transfer of final land for AIIMS
CHANDIGARH: The Punjab Cabinet, headed by Chief Minister Amarinder Singh, decided on Thursday to transfer piece of land belonging to the state government to the Centre for the AIIMS project at Bathinda. According to an official statement, the cabinet has decided to transfer four acres, one kanal, 13 marla of land, which stands in the […]
Indian economy to reach USD 5 trillion size by 2022: Narendra Modi
NEW DELHI: Prime Minister of India Narendra Modi said on Thursday the size of Indian economy will double to USD 5 trillion by 2022 with manufacturing and agriculture contributing USD 1 trillion each. Speaking at the foundation laying ceremony of India International Convention and Expo Centre here, he cited this week’s announcement of merger of […]
Chandrababu Naidu holds Video Conference with Secretaries, HODs and Collectors
Aandhra Pradesh Chief Minister N. Chandrababu Naidu’s introductory remarks: This Video Conference is held every 15 days to set certain achievable targets for all the departments. This year 33% more funds have been received from the central government, compared to the last 2 years We are performing well in so many aspects because of our […]
Affordable housing to get 2 billion pound boost in UK
By: Elisabeth O’Leary Britain’s government will invest 2 billion pounds ($2.6 billion) to address an affordable housing shortage, Prime Minister Theresa May will say on Wednesday. House-building has been a stated priority as the government tries to answer voter concerns about a lack of affordable housing in many areas following decades when house prices have […]
Livspace secures $70 million funding led by TPG Growth & Goldman Sachs
NEW DELHI: Livspace, an online home interior and renovation platform, on Wednesday said it has raised USD 70 million from investors, including TPG Growth and Goldman Sachs, to fund its expansion plan. “Livspace… has raised USD 70 million in Series C funding. The round was led by TPG Growth and Goldman Sachs, a global investment […]
Possession of over 15,000 plots stuck since 2009 to be handed to owners soon: YEIDA
NOIDA: The Yamuna Expressway Authority will soon begin handing over to the owners the possession of over 15,000 residential plots which were allotted to them in 2009, officials said on Wednesday. Possession on 7,330 plots in Sector 18 and 8,019 plots in Sector 20, under the Yamuna Expressway Industrial Development Authority (YEIDA) area, would begin from […]
Madhya Pradesh High Court orders removal of Narendra Modi, Shivraj Singh’s photos
GWALIOR:The Gwalior bench of the Madhya Pradesh High Court on Wednesday ordered the removal of pictures of Prime Minister Narendra Modi and Madhya Pradesh Chief Minister Shivraj Singh Chouhan from the tiles laid in houses built under the Pradhan Mantri Awas Yojana (PMAY) by December 20. The court further ordered that there should be no […]
Nokia, Altran introduce joint solution to streamline train maintenance for railways
NEW DELHI: Nokia and Altran, a global leader in Engineering and R&D services (ER&D), are launching a jointly developed solution to optimize and streamline the maintenance of rolling stock for railway operators. This solution combines Nokia’s strengths in Internet of Things (IoT), networking and analytics with Altran’s strength in application development, analytics and system integration […]