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 [...]
Ola Electric on Saturday said it is investigating the incident of its electric scooter catching fire in Pune and will take appropriate action. A video of the company's electric scooter catching fire has been widely circulated on social media with users raising questions over the safety standards of the vehicle. Reacting to the incident, Ola [...]
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 [...]
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 [...]
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 [...]
New Delhi, Mar 26 (PTI) A Rs 75,800-crore budget for 2022-23 for Delhi with a five-year plan to create 20 lakh jobs through initiatives like a new electronic city and promotion of night economy to boost business and trade activities was presented by Deputy Chief Minister Manish Sisodia on Saturday. The education sector, where the [...]
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 [...]
New Delhi, Mar 26 (PTI) A little over 97 per cent of the total budgetary allocation of Rs 3,340 crore for the power sector for the 2022-23 fiscal has been earmarked for the free electricity scheme by the Delhi government led by Arvind Kejriwal. According to the budget proposals of the Delhi government presented by [...]
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 [...]
New Delhi, Mar 26 (PTI) NDTV on Saturday said it will contest a showcause notice issued by the Income Tax Department seeking an explanation regarding bonds issued by an erstwhile subsidiary of the company for the assessment year 2008-09. It has been given time till March 29, 2022, for responding to the notice, said NDTV in [...]