Category: NEWS

Revised DPR for Noida Metro extension sent for Modi government’s nod: UP Minister

NEW DELHI: The Uttar Pradesh government has sent the revised detailed project report (DPR) for the Aqua Line metro’s extension to the Centre (Narendra Modi government) for its approval, the state’s industries minister Nand Gopal Gupta ‘Nandi’ said on Tuesday. The new metro line extension is proposed to connect Noida and Greater Noida (West) also […]

No tax on $6.38 billion transaction with Adani Group, says Holcim CEO

NEW DELHI: Swiss building material major Holcim said its USD 6.38 billion deal with Asia’s richest man Gautam Adani’s group is tax-free. Holcim had on Sunday signed a binding agreement with the Adani Group to sell its business in India — about a 63 per cent stake in Ambuja Cement, which owns a 54.53 stake […]

Commerce ministry to hold inter-ministerial consultations on May 18

NEW DELHI: The commerce ministry has convened an inter-ministerial meeting on May 18 to hold consultations on issues that are likely to figure prominently in the forthcoming meeting of the highest decision-making body of the World Trade Organisation (WTO) in Geneva next month, an official said. The 12th ministerial conference of the WTO is scheduled […]

Tata Group appoints Campbell Wilson as CEO & MD of Air India

NEW DELHI: The Tata Group said that it has appointed Campbell Wilson as CEO & MD of Air India. Wilson is currently CEO of Singapore Airline’s low-cost subsidiary Scoot. Earlier this year, Tata Group had named Turkish Airlines Chairman Ilker Ayci as Air India’s CEO & MD, but he subsequently denied the position. Wilson, 50, […]

Finance ministry invites applications for CVOs in PSU banks, insurers

NEW DELHI: The finance ministry has invited applications from eligible candidates for the position of Chief Vigilance Officers (CVOs) in various public sector banks and insurance companies. Applications have been called for CVO positions in five lenders, including Canara Bank, Indian Bank and Bank of India. Besides, CVO position would also fall vacant in New […]

Former ONGC chairman Shashi Shanker joins Adani Total Gas Ltd board

NEW DELHI: Shashi Shanker, former chairman and managing director of Oil and Natural Gas Corporation, has been appointed as an independent director on the board of Adani Total Gas Ltd (ATGL), the company said in a regulatory filing. Shanker, who superannuated as the head of India’s largest oil and gas producer on March 31, 2021, […]

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