Union Budget 2023-24: India holds customary ‘halwa’ ceremony to mark final stage of Budget preparation
NEW DELHI: The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North Block, today afternoon, in the presence of India’s Finance & Corporate Affairs Minister Nirmala Sitharaman and Ministers of State for Finance Pankaj Chaudhary and Dr. Bhagwat Kisanrao Karad. A customary Halwa ceremony is […]
India urges BIMSTEC nations to work in cooperation to transform farm sector
NEW DELHI: India’s Agriculture Minister Narendra Singh Tomar on Thursday urged the member countries of BIMSTEC to work together for development of a comprehensive regional strategy to strengthen cooperation for transformation of farm sector. India hosted the second Agriculture Ministerial-level meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) here […]
Ashok Gehlot seeks suggestions from people for next budget in Rajasthan
JAIPUR: Rajasthan Chief Minister Ashok Gehlot on Thursday sought suggestions from the common people for the next year’s budget, which he said will be dedicated to the youth. Gehlot also holds the finance portfolio. “It has been decided to dedicate the budget of the upcoming financial year 2023-24 to the youth. Your suggestions are important […]
SBI lines up NPAs over Rs 746 crore including Sintex BAPL for sale in October-November
NEW DELHI: The State Bank of India (SBI) has lined up various non-performing assets up for sale this month and the next, including the fraud account of Sintex BAPL, to recover over Rs 746 crore. In an auction scheduled for November 4, SBI will put up NPAs for sale to asset reconstruction companies (ARCs)/ financial […]
Chinese President appears in public for first time after returning from SCO summit
BEIJING: Chinese President Xi Jinping on Tuesday visited an exhibition of the Communist Party, appearing in public for the first time after his return from the SCO summit on September 16, which sparked rumours about his absence from the limelight ahead of next month’s key Congress of the ruling party. Xi on Tuesday visited an […]
Salesforce to increase India headcount to 10,000 by January next year: CEO
SAN FRANCISCO: Salesforce India will increase its headcount in the country to 10,000 by January next year from 7,500-plus currently, its chairperson and CEO Arundhati Bhattacharya has said. Bhattacharya further said that in the order of priority, the focus areas for Salesforce in India are banking, financial services and insurance (BFSI), manufacturing, services and social […]
India begins sale of erstwhile national carrier Air India’s 2 subsidiaries
NEW DELHI: The government of India has initiated the process of privatising 2 subsidiaries AIASL and AIESL of erstwhile national carrier Air India, an official said. The Department of Investment and Public Asset Management (DIPAM) has initiated investor meetings and roadshows to gauge interest in AIASL and AIESL. We will soon invite EoIs from interested […]
Book ‘End of Transplant’ unveiled: Showcases tested method to reverse chronic kidney disease
New Delhi: A book ‘End of Transplant’ was unveiled here by Dr. Om Prakash Gupta, Registrar, Shridhar University, Rajasthan, renowned Ayurveda and Meditation Grru – Acharya Manish who is also Chairman of Hospital and Institute of Integrated Medical Sciences(HIIMS) & Dr. Biswaroop Roy Chowdhury – who is the inventor of the Gravitational Resistance & Diet […]
Nitin Gadkari inaugurates NH projects of total length of 460 KM worth Rs. 8000 crore and 7 CRIF projects in Hyderabad
NEW DELHI: Union Minister for Road Transport and Highways, Nitin Gadkari inaugurated 12 National Highway Projects of total length of 460 Km worth Rs. 8000 crore and 7 CRIF Projects in Hyderabad in the august presence of Union Minister SG Kishan Reddy, MoS Gen V. K. Singh, Shri Vemula Prashanth Reddy, MPs, MLAs, MLCs and […]
DLF’s Q1 sales bookings jump nearly 7-fold to Rs 1,014 crore despite Covid-19
NEW DELHI: Realty major DLF Ltd’s sales bookings jumped nearly 7-fold year-on-year to Rs 1,014 crore during the April-June quarter of this fiscal, on strong demand for its independent floors and luxury homes in Gurugram. The company’s sales booking stood at Rs 152 crore in the April-June quarter of the 2020-21 fiscal year because of […]
Mansukh Mandaviya takes charge as Union Minister of Health & Family Welfare; Bharati Pravin Pawar takes charge as MoS
NEW DELHI: Mansukh Mandaviya took charge as the Union Minister of Health & Family Welfare, here today.Dr. Bharati Pravin Pawar took charge as the Union Minister of State for Health & Family Welfare. They were received by senior officers of the ministry including Rajesh Bhushan, Health Secretary, Vandana Gurnani, Additional Secretary and Mission Director, NHM […]
MoD signs contract with GSL for construction of two Pollution Control Vessels for Indian Coast Guard
NEW DELHI: Ministry of Defence (MoD) signed a contract with Goa Shipyard Ltd (GSL) for construction of two Pollution Control Vessels (PCVs) for Indian Coast Guard (ICG) at a cost of about Rs 583 crore, on June 22, 2021. These Special Role ships will be indigenously designed, developed and built by GSL. The acquisition is […]
Sequoia-backed Stanza Living in talks to raise funds at $600 valuation
BENGALURU: Stanza Living, a managed accommodation provider in India, is in the final stages of sealing a deal to raise up to $120 million in a Series D funding round led by an Abu Dhabi based investor, two sources with knowledge of the matter have told Reuters. The latest fundraising round had participation from some […]
Kalpataru to invest Rs 300 crore on new housing project in Mumbai
NEW DELHI: Real estate firm Kalpataru Ltd will invest Rs 300 crore to develop a housing project in Mumbai as part of its plan to expand the business and tap rising demand for residential properties. The 2.4-acre project ”Kalpataru Park Riviera” at Panvel comprises over 400 apartment units. In the first phase, the company has […]
Narendra Modi announces Rs 1000 crore Startup India seed fund
NEW DELHI: The Prime Minister Narendra Modi interacted with startups and addressed ‘Prarambh: Startup India International Summit’ via video conferencing. Ministers from BIMSTEC countries and Union Ministers Prakash Javadekar, Piyush Goyal and Som Parkash were present on the occasion. Speaking on the occasion, the Prime Minister said that the start-ups are changing the demographic characteristics of […]
Kapil Wadhawan’s fresh offer for DHFL, ‘100% refund’ to creditors
NEW DELHI: Kapil Wadhawan, the erstwhile promoter of Dewan Housing Finance Corporation Ltd (DHFL), has written to the administrator of the bankrupt company with a fresh proposal to repay 100 per cent of the principal debt to the creditors. In a letter which has also been marked to the Reserve Bank of India (RBI), the […]