DFCCIL, L&T, others penalised for causing pollution by construction works in Greater Noida
NOIDA: Dedicated Freight Corridor Corporation of India Limited (DFCCIL) and engineering major Larsen & Toubro (L&T) are among nine entities penalized for causing pollution by construction works in Greater Noida, officials said on Friday. A total penalty of Rs 5.25 lakh was slapped on the nine entities by the regional office of Uttar Pradesh Pollution […]
Government orders SFIO probe against crisis-hit DHFL
NEW DELHI: The government of India has ordered an SFIO probe into alleged financial irregularities at mortgage lender DHFL after finding instances of suspected fund diversions, according to a source. Dewan Housing Finance Ltd (DHFL) came under the scanner in the wake of allegations that the company had siphoned off Rs 31,000 crore worth bank […]
AAI selects Dilip Buildcon’s bid to construct airport at Hirasar
BHOPAL: Engineering, procurement and construction (EPC) firm Dilip Buildcon said on Friday it has been selected as the lowest bidder by the Airports Authority of India (AAI) for construction of a greenfield airport at Hirasar near Rajkot city of Gujarat. The Rs 570 crore project will be completed with 30 months, it said in a […]
GST revenue collection declines to Rs 95,380 crore in October despite festive season
NEW DELHI: The Goods and Services Tax (GST) collection in October declined to Rs 95,380 crore, as against Rs 1,00,710 crore in the same month a year ago, as per government data released on Friday. The gross GST revenue collected in the month of October, 2019 is Rs 95,380 crore of which CGST is Rs […]
India, Indonesia power Facebook’s daily active user base growth to 2.45 billion
NEW DELHI: Social media giant Facebook has seen a nine per cent growth in its daily active user base to 1.62 billion in the September 2019 quarter, driven by markets like India and Indonesia. The US-based company saw its net income growing 19 per cent to $6.09 billion in the September 2019 quarter from the […]
IT Ministry asks WhatsApp to respond on spyware issue by November 4
NEW DELHI: The IT Ministry on Thursday sought a detailed response from WhatsApp on the issue of an Israeli spyware that was allegedly used to target Indian journalists and human rights activists through its platform. WhatsApp has been asked to submit its reply by November 4. The ministry has written to WhatsApp seeking its response […]
Indian journalists, activists were spied on using Israeli spyware: WhatsApp
NEW DELHI: Facebook-owned WhatsApp on Thursday said Indian journalists and human rights activists were among those globally spied upon by unnamed entities using an Israeli spyware Peagasus. WhatsApp said it was suing NSO Group, an Israeli surveillance firm, that is reportedly behind the technology that helped unnamed entities’ spies hack into phones of roughly 1,400 […]
Vistara to deploy A320neos with enhanced features on India-Singapore route
NEW DELHI: Vistara airline on Thursday announced that it has recently received three new A320neo planes with enhanced cabin features from Airbus and it would deploy them on its routes connecting India and Singapore from November 24 this year. Vistara has been operating daily flights on the Delhi-Singapore and the Mumbai-Singapore routes since August 6 […]
Air India starts Mumbai-Amritsar-Stansted flight
AMRITSAR:National carrier Air India on Thursday launched a thrice-weekly flight between Mumbai and Stansted in UK via Amritsar, officials said. Starting in Mumbai, the flight will connect Amritsar to Stansted to facilitate Sikh pilgrims to visit the holy city on the occasion of the 550th birth anniversary of Sikhism founder Guru Nanak. It will operate […]
Don’t hesitate to give loans to SHGs led by credible spiritual leaders: Nirmala Sitharaman
NEW DELHI: India’s Finance Minister Nirmala Sitharaman on Wednesday lauded self-help group movements led by religious and spiritual leaders and advised banks to give up any hesitation in giving loans to such groups backed by credible leadership. When you have social, religious and spiritual leaders leading the (self-help group) movement, banks find easy to find […]
Cognizant September quarter net up 4.1% at $497 million; to cut 12,000 jobs
NEW DELHI:IT major Cognizant on Thursday posted 4.1 per cent increase in net profit to $497 million for September 2019 quarter, and said it will slash up to 7,000 jobs in the next few months as part of a cost reduction programme. The US-based company, which has a significant portion of its workforce based in […]
President’s rule revoked in Jammu and Kashmir after two Union Territories created
NEW DELHI: The President’s rule imposed in undivided Jammu and Kashmir was on Thursday revoked following bifurcation of the state into two Union Territories. The two UTs of Jammu and Kashmir, and Ladakh come into existence on Thursday after the central government on August 5 decided to abrogate the special status given to Jammu and […]
Air India seeks $819 million loan for 7 Boeing planes
NEW DELHI: Air India is looking to raise USD 819 million (over Rs 5,800 crore) to refinance existing bridge loans availed for six Boeing 787 and one Boeing 777 aircraft. The national carrier is yet to have long term financing facility for six B787 and B777-300ER, according to a tender document. Bids have been invited […]
Unitech loses property in Noida over Rs 1,203 crore dues
NEW DELHI: The Noida Authority on Wednesday said it has cancelled the allotment of a group housing property to crisis-hit realtor Unitech over non-payment of dues worth Rs 1,203 crore. The property concerned is located in Sector 113 where the real estate group had also come up with 17 towers without getting the map cleared […]
Rising sea level puts Mumbai at risk of being submerged by 2050: Study
NEW DELHI: India’s financial capital Mumbai, one of the largest and most densely populated cities in the world, is at risk of being submerged by 2050, according to a study that gives new estimates on the impact of rising sea levels. India and other Asian countries, including Bangladesh and Indonesia, may see a five to […]
EU MPs in Kashmir say Article 370 internal issue, stand by India in fight against terror
NEW DELHI: Terming Article 370 an internal issue of India, EU parliamentarians visiting Jammu and Kashmir on Wednesday said they stand by the country in its fight against global terrorism. Addressing a press conference on the last day of their two-day visit to the Valley, the group of 23 members of European Parliament also condemned […]