Andhra Pradesh gets new high court, to function from 1 January
NEW DELHI: President of India Ram Nath Kovind on Wednesday issued orders for the creation of a separate high court for Andhra Pradesh which will start functioning from 1 January 2019 from Amravati. After the creation of Telangana, the high court of the two states was functioning from Hyderabad. With the creation of the new […]
Investment through P-notes rises to Rs 79,247 crore in November
NEW DELHI: Investments in the Indian capital market through participatory notes climbed to Rs 79,247 crore in November after hitting a nine-and-a-half year low at the end of preceding month. P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves […]
Adani Ports delivers 50 US-made GE locomotives to railways
NEW DELHI: Adani Ports and Special Economic Zone on Wednesday said it has concluded import and delivery of 50 US-made GE locomotives to Indian Railways. All 50 locomotives were manufactured by GE Electromotive Division in the US and imported to Mundra port. “Adani Ports and Special Economic Zone Ltd (APSEZ) successfully concluded the import and […]
Vedanta to set up steel plant in Jharkhand for $4 billion
KOLKATA: Vedanta Ltd on Tuesday said it will set up a new steel plant in Jharkhand with a capacity of 4.5-million-tonne-per-annum at an investment of $3-4 billion. The plant will be part of the company’s newly-acquired Electrosteel Steels Ltd (ESL) at Bokaro, Vedanta Resources chairman Anil Agarwal said. “This would be a new steel plant […]
RBI to soon release new Rs 20 bank note
NEW DELHI: The Reserve Bank of India (RBI) will soon introduce a new Rs 20 currency note with additional features, according to a document of the central bank. The central bank has already issued new look currency notes in the denominations of Rs 10, Rs 50, Rs 100, and Rs 500, besides introducing Rs 200 […]
Jet Airways announces festive discount on domestic and international fares
NEW DELHI:Private carrier Jet Airways, India’s premier, full-service international airline, Sunday announced up to 30% discount on its domestic and international fares as part of its limited period festive season sale offer. The Christmas fare sale starts from tickets under the offer can be availed across the airline’s all booking channels till midnight on Tuesday, […]
Noida: Aqua line metro awaits Uttar Pradesh government’s approval
NOIDA: A final and mandatory safety inspection report has given the Noida Metro Rail Corporation (NMRC) the approval to launch commercial operations of the Aqua Line, officials said on Friday. With the approval, the NMRC has now written to the Uttar Pradesh government to finalise the date of inauguration of the much-awaited Aqua Line that […]
Hindustan Aeronautics capable of making Rafale jets
UDAIPUR: Hindustan Aeronautics Limited (HAL) chairman R. Madhavan on Friday said the HAL was capable of producing the Rafale aircraft but suggested that the question of transfer of technology does not arise in the current order of just 36 aircraft. The Congress has alleged that Narendra Modi government is buying the military aircraft from French […]
AgustaWestland scam: Christian Michel to remain in Enforcement Directorate custody for 7 days
NEW DELHI: Just three days after a special Central Bureau of Investigation (CBI) court sent Christian Michel James, the alleged middleman accused in the AgustaWestland chopper scam, to judicial custody until 28 December, Delhi’s Patiala House Court, on Saturday, sent him to seven-day custody of the Enforcement Directorate. While Christian Michel’s 15-day police custody ended […]
VVIP Chopper case: Enforcement Directorate arrests Christian Michel
NEW DELHI: The Enforcement Directorate (ED) on Saturday arrested Christian Michel, the alleged middleman arrested in the AgustaWestland VVIP chopper deal case. Michel was produced before Special Judge Arvind Kumar where the ED sought his 15 days custody. The court allowed the ED to interrogate the British national inside courtroom for 15 minutes after the […]
Capri global Housing Finance aims to cross Rs 7,000 crore by 2023
NEW DELHI: Capri Global Housing Finance Limited (CGHFL), a subsidiary of Capri Global Capital Limited (CGCL) – a leading NBFC lending primarily to MSME and Affordable Housing Sector – aims to clock 29-X growth in AUM, to cross Rs 7,000 crore, over the next four years. CGHFL is aligned to Prime Minister Narendra Modi’s mission […]
Sushma Group launches its new Spanish theme Project–Sushma Valencia
NEW DELHI: SUSHMA Group, a major realty player with multiple projects across Punjab, has announced the launch of its new Spanish theme Project – Sushma Valencia. The realty major is all set to come up with its project on the 200 ft wide road which is the new airport ring road PR 7 in Zirakpur, […]
Central Park launches limited edition Sky Villas
NEW DELHI: Ultra-luxury Real Estate brand Central Park has announced the launch of limited edition uber-luxurious penthouses called Sky Villas. Sky Villas are one of the most premium assets of Central Park Resorts, situated in Sector 48, Sohna Road, Gurugram which reflects the aesthetic grandness and penchant for premium living among luxury connoisseurs. With sizes […]
Rafale is game changer, Supreme Court delivered fine judgment: Air Chief
NEW DELHI: Air Chief Marshal B S Dhanoa on Wednesday called Rafale a game changer and said the Supreme Court has given a fine judgment on petitions against the deal with France on the military aircraft. He also cautioned against politicisation of defence purchases, suggesting that this had earlier led to the delay in the […]
IndoSpace raises $1.2 billion to develop, buy logistic parks
NEW DELHI: Everstone-backed IndoSpace said it has raised $1.2 billion from investors through its new fund to develop and acquire industrial and logistics parks. IndoSpace is one of the largest provider of modern industrial and logistics real estate in India and has taken total commitment to India to above $3.2 billion. It is promoted by […]
Jammu & Kashmir government to set up RERA
JAMMU: The Jammu and Kashmir government for the first time will set up a Real Estate Regulatory Authority (RERA) in the state to promote regulated and planned growth of the real estate sector, official spokesman said. On Friday, the State Administrative Council (SAC) under the chairmanship of Governor Satya Pal Malik approved the establishment of […]