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Vodafone Idea shareholders approve Rs 14,500 cr fundraise proposal

Vodafone Idea shareholders approve Rs 14,500 cr fundraise proposal

Shareholders of Vodafone Idea have approved a proposal to raise Rs 14,500 crore, the debt-ridden telecom operator said in a filing on Saturday. Shareholders approved the proposal at the extraordinary general meeting held on Saturday, the filing said. Vodafone Idea (VIL) had placed special resolution of issue of equity shares worth Rs 4,500 crore to [...]

‘Time-tested’ India-Maldives relationship is a ‘force for stability’ in the region: Jaishankar

Male, Mar 26 (PTI) Describing the "time-tested" relationship between India and the Maldives as a "force for stability" in the region, External Affairs Minister S Jaishankar said on Saturday that the shared responsibility of the two countries is to nurture and strengthen it.Speaking at a joint press appearance alongside Maldives Foreign Minister Abdulla Shahid after [...]

Centre’s TDB, Sapigen Biologix ink deal to make intranasal COVID-19 vaccine & malaria drug

Hyderabad, Mar 26 (PTI) The Technology Development Board (TDB) of the Union Ministry of Science and Technology and Sapigen Biologix Private Limited, Hyderabad on Saturday entered into an agreement for development and commercialisation of two novel vaccines -- "Intranasal COVID-19 Vaccine and RTS, S Malaria Vaccine". Sapigen Biologix is helmed by Krishna Ella of Bharat [...]

Coal India arm NEC resumes mining operations

New Delhi, Mar 26 (PTI) Coal India-arm North Eastern Coalfields on Saturday resumed its mining operations at Tikak colliery in Assam, a statement said on Saturday. Mining operations at NEC were halted owing to non-availability of land for overburden dump and certain clearances. "Coal mining operations at North Eastern Coalfields (NEC), a unit of world’s [...]

After two years, regular international flights to resume from Sunday

New Delhi/ Mumbai, Mar 26 (PTI) After a coronavirus pandemic-induced hiatus of over two years, regular international flights are set to resume from Sunday with airports and airlines getting ready for normal overseas operations. Battered by the pandemic, the airline industry is slowly coming back to normalcy and the resumption of normal overseas flights is [...]

Shakambhari Group revives closed steel unit in Purulia

Kolkata, Mar 26 (PTI) City-based steel maker Shakambhari Group on Saturday said it inaugurated a steel plant of Vikash Metal & Power Ltd that had closed down in 2013, in West Bengal's Purulia district.The group's subsidiary SPS Steels Rolling Mills had completed the process of acquisition and taken over control of Vikash Metal & Power [...]
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