New Delhi, Feb 21 (PTI) State-run power giant NHPC on Monday said its 120 MW Sewa-II power station in Mashka in Union Territory of Jammu and Kashmir has resumed power generation. "Sewa-ll Power Station (3 x 40 MW), Mashka (UT of J&K) which was under complete shutdown from September 25, 2020 due to damage of [...]
Mumbai, Feb 21 (PTI) E-Ensure Pharma Technologies, which is into contract drug manufacturing, has raised Rs 130-crore (USD 17.5 million) from global alternative investment firm Investcorp and Asia-based private investment firm Tanas Capital. For Investcorp this is the third healthcare investment in the country and its first in the pharmaceutical sector, the firm said in [...]
New Delhi, Feb 21 (PTI) The Centre has procured 695.67 lakh tonne of paddy so far in the ongoing 2021-22 marketing year at minimum support price (MSP) from over 94 lakh farmers across the country, the food ministry said on Monday. "Till now about 94.15 lakh farmers have been benefited with an MSP value of [...]
New Delhi/Bern, Feb 21 (PTI) A large number of illegally imported drugs in Switzerland have been found to have been sent from India, including medicines connected with the COVID-19 pandemic including ivermectin and hydroxychloroquine as also erectile stimulants, a Swiss government agency said on Monday. In its annual update, the Swiss Agency for Therapeutic Products [...]
New Delhi, Feb 21 (PTI) Bharti Airtel on Monday announced it has joined SEA-ME-WE-6 undersea cable consortium, participating as a major investor, while Reliance Jio said it will land its India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives. In a day of twin developments, the two large operators came out with separate announcements related to [...]
Mumbai, Feb 21 (PTI) Union Finance Minister Nirmala Sitharaman on Monday rued that women are reluctant to join company boards and she has herself struggled to convince candidates. The remarks come even as the statutes mandate top 1,000 companies to have at least one independent woman director. "I have actually made a lot of attempts [...]
New Delhi, Feb 21 (PTI) Vedanta group firm Cairn Oil & Gas on Monday announced an oil discovery in a Barmer district block of Rajasthan, not very far away from its prolific oilfield in the same desert. In a stock exchange filing, the firm said it has notified the government and the Directorate General of [...]
New Delhi, Feb 21 (PTI) Truecaller, a global platform for verifying contacts and blocking unwanted communication, has joined hands with CyberPeace Foundation to launch #TrueCyberSafe campaign focused on online safety. The joint initiative aims to create awareness and train people to tackle cyber frauds, to facilitate a safer communication experience, according to a statement. "Truecaller [...]
New Delhi, Feb 21 (PTI) ADB on Monday said it will provide USD 68 million (over Rs 500 crore) loan to IIFL Home Finance for lending to lower-income women borrowers for affordable green housing. The loan comprises a direct ADB loan of up to USD 58 million and a USD 10 million concessional loan by [...]
New Delhi, Feb 21 (PTI) London-based proptech firm Planet Smart City plans to raise 60 million euros (nearly Rs 510 crore) to grow its business across many countries, including India. Planet Smart City, a global leader in smart affordable housing, said in a statement on Monday that it has launched a "€60 million capital raise [...]
