NEW DELHI: The India’s second largest public sector lender Punjab National Bank (PNB) has identified various assets, including its housing finance arm, for sale and hopes to realise ₹8,600 crore from these non-core assets during the current fiscal. The bank has already sold some of the fixed assets and have realised ₹400 crore from these […]
NEW DELHI: Extending gains for the second straight day, the benchmark BSE Sensex on Monday surged about 132 points to end at 34,865.10 on emergence of buying in IT stocks, even as headwinds in form of ongoing global trade tiff and rising crude prices continued to hit investors sentiments. The NSE index Nifty gained 40 […]
NEW DELHI: CEOs and Experts from the Oil and Gas sector, from both India and abroad, met Prime Minister of India Narendra Modi today. The gathering included Ministers from Saudi Arabia and UAE, and CEOs and experts from organisations including Saudi ARAMCO, ADNOC, BP, Rosneft, IHS Markit, Pioneer Natural Resources Company, Emerson Electric Company, Tellurian, […]
NEW DELHI: Housing and Urban Affairs Minister Hardeep S Puri has inaugurated and dedicated to people of Delhi a skywalk and FOB at the junction of Sikandra Road, Mathura Road, Tilak Marg and Bahadur Shah Zafar Marg at ‘W’ point near Hans Bhavan. Lieutenant Governor of Delhi Anil Baijal, Member of Parliament Meenakshi Lekhi, Secretary […]
WASHINGTON: The United States of America (USA) President Donald Trump has said that he wants people with merit to enter the USA, a move that can help technology professionals from countries such as India. “I’m very tough at the borders. We’ve been very tough at the borders. People have to come into our country legally, […]
NEW DELHI: Three of the 10 most valued Indian companies together witnessed an erosion of Rs 1,07,026.12 crore in market capitalisation last week, with IT major TCS taking the biggest knock. Tata Consultancy Services (TCS), ITC and Infosys suffered a decline in their valuation for the week ended on Friday, whereas RIL, HDFC Bank, Hindustan […]
NEW DELHI: The government of India has invited proposals from interested air operators for the international version of its ‘Udan’ (Ude Desk Ka Aam Nagrik) scheme as it seeks to enhance air connectivity from India to select overseas destinations. This is despite the domestic format of the scheme failing to yield desired results with almost […]
NEW DELHI: A Delhi court on Monday granted bail to industrialist and Congress leader Naveen Jindal and 14 others, accused of money laundering in a case pertaining to irregularities in the allocation of a Jharkhand coal block. Special Judge Bharat Parashar granted the relief on a personal bond of Rs one lakh and one surety […]
NEW DELHI: The Heavy Engineering arm of Larsen & Toubro has secured additional orders worth Rs 1,050 crore in Q2 FY19 against stiff global competition. These include three Super Heavy Hydrocracking Reactors for an Indian Refinery, with heaviest among them weighing 2,180 MT, to be built for the first time in the World. The total […]
NEW DELHI: Former Supermodel and erstwhile Miss Romania Universe Anca Verma walked on ramp as the showstopper to raise funds for Kerala flood relief and cancer affected children at the 12th edition of Festival Of Hope Foundation at Sirifort Auditorium, New Delhi. Over 483 people died, and 15 are missing in Kerala, due to unusually high rainfall […]
NEW DELHI: Emami Cement on Friday filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an initial share sale. The IPO comprises fresh issuance of shares worth Rs 500 crore, besides, an offer of sale of the same size by the company’s existing promoters and shareholders, according to the draft […]
NEW DELHI: FMCG brand Olialia World said that it has commenced commercial production of Vazir Pan Masala at its Faridabad factory today. Industrialist Abhishek Verma has activated the production line at the two factories respectively. “Commercial Production of Olialia Pan Masala under the brand name of VAZIR and ‘Kick’ Zarda commenced today,” the company said […]
NEW DELHI: The Micro, Small and Medium Enterprises Ministry has re-oriented its various schemes to support small businesses and would roll them out very soon, a senior official said on Friday. “So we have re-oriented our schemes and very soon we will roll them out one by one and in this entire ecosystem we should […]
By Lalit K Jha WASHINGTON: China’s economic system is not compatible with the norms of the WTO, the Trump administration has said, asserting that the international trade body is not equipped to deal with Beijing and its industrial policies. The Trump administration is also seeking to redefine the term ‘developing nations’ as countries like China, […]
NEW DELHI: Rising for the third straight day, the rupee strengthened by 55 paise to settle at 73.57 against the US dollar on Friday, marking its biggest gain in over three weeks as global crude prices eased and domestic indices staged a smart rebound. Steps taken by the government to curb non-essential imports and anticipation […]
JAIPUR: The BJP on Friday slammed the Congress’ allegations of corruption in the multi-billion dollar Rafale deal by Prime Minister Narendra Modi’s government, saying the party never wanted to push defence manufacturing in the country. “The country produced Chandrayaan and Mangalyaan but could not make fighter jet in 65 years. This cannot be digested,” BJP […]
