Kathmandu, Feb 19 (PTI) A day after China alleged that the US was pursuing "coercive diplomacy" in Nepal, the US embassy here said the USD 500 million infrastructure grants programme under the Millennium Challenge Corporation (MCC) is a "gift" to the Himalayan nation and emphasised that a decision whether to accept or reject the pact [...]
Bhopal, Feb 19 (PTI) Seeking to corner the previous UPA government over the alleged Rs 22,848 crore banking fraud by ABG Shipyard, Union Commerce and Industry Minister Piyush Goyal on Saturday said loans were disbursed to the firm during 2005 to 2012 in the rip off -- being termed as the largest such fraud in the [...]
New Delhi, Feb 19 (PTI) Fedbank Financial Services Ltd (FedFina), which is promoted by Federal Bank, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The public issue consist of a fresh issue aggregating up to Rs 900 crore and an Offer for Sale (OFS) [...]
New Delhi, Feb 19 (PTI) Bharat Biotech on Saturday said its Covaxin will be evaluated as a COVID-19 vaccine candidate in the US. In a statement, Ocugen Inc, Bharat Biotech's partner in the US and Canada for Covaxin, noted that the American health regulator -- the US Food and Drug Administration (FDA) -- has lifted [...]
The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with investment of Rs 1.53 lakh crore, an official statement said on Saturday. Vedanta Foxconn JV, IGSS Ventures, ISMC propose to set-up electronic chip manufacturing plants with USD 13.6 billion investment and have sought support of USD 5.6 [...]
The government on Saturday said farmer producer organisations (FPOs) will play a key role in making India a millet hub of the world. The issue was discussed in detail on Friday at the ongoing Dubai Expo as part of India's fortnight event on 'Food, Agriculture and Livelihood'. During the session, senior government officials and sector [...]
New Delhi, Feb 19 (PTI) Union Steel Minister Ram Chandra Prasad Singh on Saturday laid the foundation stone of a residential complex at KIOCL Township in Mangaluru, Karnataka. The township has a guest house, shopping complex, community hall, playground and fitness park. The employees residing in the township will be benefited once the construction of [...]
New Delhi, Feb 19 (PTI) The government will create a new equity fund for start-ups with a 20 per cent limited stake to provide additional capital support to the entrepreneurs, and the corpus will be managed by private fund managers, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Saturday. The announcement in [...]
Thiruvananthapuram, Feb 19 (PTI) India’s largest online grocery seller BigBasket has acquired the enterprise business unit of a deep-tech company incubated by Kerala Startup Mission (KSUM) with a view to revolutionising offline retail in the country. BigBasket, a Tata enterprise, will be implementing Kochi-based startup Agrima Infotech’s unique customer vision technology platform, Psyight, at the [...]
