Growth of Pakistan, India’s nuke programmes increases risk of security incident in South Asia: Coats

By Lalit K Jha WASHINGTON: The continued growth of the atomic weapon programmes of Pakistan and India increases the risk of a “nuclear security incident” in South Asia, America’s top spymaster has warned. The remarks of National Intelligence Director Daniel Coats is part of US intelligence community’s assessment of worldwide threats in the year 2019. […]

Arvind, Polser to manufacture next generation materials for construction industry

NEW DELHI: Arvind Limited has announced a joint venture with Polser AS (Turkey) – a global leader in laminated composite panels – for manufacturing corrugated and plain fiberglass sheets to serve the construction industry in India and abroad. The joint venture combines Polser’s world-class technological prowess with the manufacturing capabilities of Arvind’s Advanced Materials Division […]

Fresh twist in Leela sale saga, headed for NCLT

NEW DELHI: The Leela Hotels acquisition by various suitors has taken a turn for the worse. JM Financial has reportedly filed a suit in the National Companies Law Tribunal (NCLT) last Thursday against the Nair brothers Vivek Nair (Guarantor) and Dinesh Nair (Guarantor) on the basis of a legal notice issued by Khaitan and Co […]

Authority drops benami attachment order of I-T Income Tax Department against Shah Rukh Khan

NEW DELHI: Actor Shah Rukh Khan has been absolved of the charge of being a beneficiary of a benami property in the scenic beach town of Alibaug in Maharashtra as an Appellate Authority under the law has “revoked” the attachment order of the I-T Department, calling it baseless and coloured. The Adjudicating Authority (AA) slammed […]

DHFL siphoned off Rs 31,000 crore of public money: Cobrapost Report

NEW DELHI: A news website on Tuesday claimed that primary promoters of DHFL (Dewan Housing Finance Corporation), a housing finance institution, siphoned off over Rs 31,000 crore of public money through loans and advances to shell companies and other means to create private wealth for themselves. Calling it the “biggest banking scam in Indian history”, […]

Nitin Gadkari to launch 7 road, river projects worth Rs 872 crore in Bihar

NEW DELHI: India’s Transport Minister Nitin Gadkari will inaugurate and lay foundation stones for seven road and river projects in Bihar, entailing Rs 871.61 crore investment, on Wednesday. He will be accompanied by Union Minister for Agriculture and Farmers Welfare Radhamohan Singh and others. Union Minister for Road Transport & Highways, Shipping and Water Resources […]

VVIP chopper case: Court extends ED custody of Gautam Khaitan by five days

NEW DELHI: A Delhi court on Monday extended the Enforcement Directorate (ED) custody of lawyer Gautam Khaitan, an accused in the AgustaWestland VVIP chopper scam, by five days in connection with a fresh case of alleged possession of black money and money laundering. The court had on Saturday sent him to the Enforcement Directorate (ED) […]

All new Maruti Baleno launched with sporty front grill: Check price, specs

NEW DELHI: The country’s largest car maker Maruti Suzuki India on Monday launched an updated version of its popular premium hatchback Baleno, priced between Rs 5.4 lakh and Rs 8.77 lakh. The updated Baleno features a new sporty front grill with wider stance, apart from having precision cut smoked two-tone 16-inch alloy wheels, Maruti Suzuki […]

RBI governor meets PSU banks’ CEOs, conveys regulator’s expectations

NEW DELHI: Ahead of the monetary policy review, Reserve Bank of India Governor Shaktikanta Das on Monday met heads of public sector banks and conveyed to them the regulator’s expectation from the banking sector. RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7. It would be the first monetary […]

Sunjay Sudhir appointed as India’s envoy to the Maldives

NEW DELHI: Senior diplomat Sunjay Sudhir has been appointed as India’s Ambassador to the Maldives, the Ministry of External Affairs announced on Monday. Sudhir, a 1993 batch Indian Foreign Service officer who is presently Joint Secretary in the Ministry of Petroleum and Natural Gas, is expected to take up the assignment shortly, the MEA said […]

India empowers PSU banks to seek lookout circulars against wilful defaulters

NEW DELHI: In a bid to prevent big economic offenders like Vijay Mallya and Nirav Modi from fleeing the country, the government has empowered PSU banks to request lookout circulars (LOCs) against wilful defaulters and fraudsters, officials said on Sunday. The Home Ministry has also authorised the Serious Fraud Investigation Office (SFIO), a statutory corporate […]

IRCTC money-laundering case: Lalu Prasad Yadav, Rabri Devi and Tejashwi Yadav get bail

NEW DELHI: A Delhi court Monday granted bail to RJD chief Lalu Prasad, his wife Rabri Devi and son Tejashwi Yadav in the Indian Railway Catering and Tourism Corporation (IRCTC) scam-related money laundering case. Special Judge Arun Bhardwaj granted relief to the accused persons on a personal bond of Rs 1 lakh and one surety […]

Congress promises minimum income guarantee to poor if it returns to power

RAIPUR: Congress president Rahul Gandhi has announced on Monday that his party would ensure minimum income guarantee for every poor in the country if it returns to power after the Lok Sabha polls due in April-May. He accused Prime Minister Narendra Modi and the ruling BJP of trying to create two Indias — “one of […]

HMD Global partners with three leading wireless providers to offer latest Nokia phones

NEW DELHI: HMD Global, the home of Nokia phones, has announced collaborations with three leading wireless providers in North America – Cricket Wireless and Verizon in the United States and Rogers Communications, Inc. in Canada. This is the next step in the company’s journey to offer great quality experiences to consumers across accessible price points […]

Bobby Mukherji and Associates revamps the Atrium Lounge at The Taj Lands End

NEW DELHI: Bobby Mukherji & Associates have designed The Arium Lounge at The Taj Lands End in Mumbai. This spacious and relaxing lounge is often referred to as the heart of the Hotel with an Intimate yet opulent ambience. The bar is undoubtedly the cynosure of the space donning wood and gold with beveled mirror. […]

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