New Delhi, Mar 27 (PTI) Coal minister Pralhad Joshi on Sunday announced several CSR projects of state-owned CIL for the development of aspirational district Darrang in Assam. Joshi visited Darrang during his second day of visit to the North-Eastern State of Assam on Sunday. Joshi announced CSR projects worth Rs 2 crore in Darrang, to [...]
New Delhi, Mar 27 (PTI) Starting Monday, commuters of the Delhi Metro can participate in an online survey conducted by a global transport body across various parameters, including availability, accessibility and security, officials said on Sunday. The Transport Strategy Centre (TSC), London, which manages the CoMET (Community of Metros), will be conducting the 'Ninth Online [...]
New Delhi, Mar 27 (PTI) Bharti Airtel has entered into an agreement to acquire over 7 per cent stake in Avaada KNShorapur for Rs 1.74 crore as cash consideration, the telecom company said in a regulatory filing on Sunday.Avaada KNShorapur is a special purpose vehicle formed to own and operate captive power plants, in terms [...]
New Delhi, Mar 27 (PTI) IndiGo on Sunday started flights connecting Pantnagar in Uttarakhand with Delhi and Dehradun.Both the Dehradun-Pantnagar and the Delhi-Pantnagar flights will operate daily, the airline said in a statement."The newly introduced routes are aimed at business and leisure travellers looking to travel to the Kumaon region and its foothills," it mentioned. [...]
New Delhi, Mar 27 (PTI) The Congress on Sunday accused the central government of sheltering promoters of certain companies declaring insolvency through the Insolvency and Bankruptcy Board of India, and demanded a CBI probe into the insolvency of Amtek group. Addressing a press conference, Congress leader Sanjay Nirupam said the government must order a probe [...]
New Delhi, Mar 27 (PTI) Specialty chemicals and polymer products maker Vikas Ecotech Ltd (VEL) is looking to log Rs 360 crore revenue in the next financial year on the back of resumption of exports which were stalled due to Covid-19 pandemic, a top company official has said. Vikas Ecotech (VEL) is also scouting for [...]
New Delhi/Dubai, Mar 27 (PTI) Aster DM Healthcare on Sunday said it will invest Rs 500 crore to set up healthcare facilities in Tamil Nadu.Aster, which is one of the largest integrated healthcare providers in GCC and India, has signed a memorandum of understanding on March 26 with the Tamil Nadu government in this regard.The [...]
New Delhi, Mar 27 (PTI) Banking services may be hit partially on Monday and Tuesday as a section of bank employees' unions has supported the two-day nationwide general strike called by trade unions. The joint forum of central trade unions and various sectoral independent trade unions have given the strike call on Monday and Tuesday [...]
New Delhi, Mar 27 (PTI) Ahead of the two-day nationwide strike called by trade unions, the power ministry on Sunday advised all the state-run utilities and other agencies to be on high alert and ensure round-the-clock electricity supply and stability of the national grid. A joint forum of central trade unions has called for a [...]
New Delhi, Mar 27 (PTI) Leading film exhibition players PVR Ltd and Inox Leisure Ltd on Sunday announced a merger deal to create the largest multiplex chain in the country with a network of more than 1,500 screens.The respective board of directors of the two companies at their meetings held on Sunday have approved an [...]
Dubai, Mar 27 (PTI) India and the UAE on Sunday have agreed to set up a technical council on Investment, Trade Promotion and Facilitation, as part of the Comprehensive Economic Partnership Agreement (CEPA) signed between the two countries last month. India and the UAE on February 18 had signed CEPA with a view to boosting [...]
New Delhi, Mar 27 (PTI) Property consultant India Sotheby's International Realty on Sunday said it has made a strategic equity investment in Mumbai-based data analytic firm CRE Matrix to offer more and better advisory services to its clients.The company did not disclose the amount it has invested and the percentage of the stake it has [...]
New Delhi, Mar 27 (PTI) The Central Consumer Protection Authority (CCPA) has imposed fine of Rs 1 lakh each on e-commerce firms Paytm Mall and Snapdeal for selling non-standard pressure cookers and asked them to recall the sold items as well as reimburse the amount paid by the consumers. In two separate orders, the CCPA [...]
New Delhi, Mar 27 (PTI) The US-based unicorn SparkCognition on Sunday said its new acquisition of Bangalore-based visual AI startup Integration Wizards will allow it to expand into new markets like retail, mining, and construction. SparkCognition in a statement said Integration Wizards will also help expand further into its existing markets like energy, manufacturing, and [...]
New Delhi, Mar 27 (PTI) Ahead of sector regulator Trai's recommendations on spectrum auctions, telecom operator Bharti Airtel's Chief Technology Officer Randeep Sekhon has made an emphatic appeal for "affordable" pricing of 5G radiowaves.Sekhon told PTI that the 5G will have a mass appeal, and not be confined to a niche or premium segment, as [...]
New Delhi, Mar 27 (PTI) Adani Finserve, ICICI Lombard, Tata AIG, HDFC Ergo, and Nippon Life Insurance are among the 54 prominent firms that have expressed interest to acquire debt-ridden Reliance Capital Ltd, promoted by the Anil Ambani Group, sources said. The last date for submission of bids for the debt-ridden firm had been extended [...]
Mumbai, Mar 27 (PTI) Small Industries Development Bank of India (Sidbi) has sanctioned a Rs 837-crore support under its cluster development fund scheme to Odisha to help develop 18 MSME infrastructure projects. The funding from the nation's principal financial institution for micro, small and medium enterprises will be to the Odisha Industrial Infrastructure Development Corporation, [...]
New Delhi, Mar 27 (PTI) Adani Total Gas Ltd, a joint venture of Adani group and French energy giant TotalEnergies SE, has forayed into the electric mobility infrastructure sector by launching its first EV charging station in Ahmedabad. The charging station is located at ATGL's CNG station at Maninagar in Ahmedabad, the company said in [...]
Mumbai, Mar 27 (PTI) Over 1,400 large companies have to refinance Rs 5 lakh crore next fiscal, but the ongoing global crisis following the Russian invasion of Ukraine in the form rising inflation risks and the resultant likely spike in interest rates, is unlikely to cause any trouble for them given their strong balance-sheets and [...]