Chennai, Mar 16 (PTI) Co-founder and joint managing director of Bharat Biotech International Ltd Suchitra K Ella has been elected as chairperson of Confederation of Indian Industry (CII)-southern region for the year 2022-23. Volvo Group India president and managing director Kamal Bali is the deputy chairman, a press release from CII said on Wednesday. Prior [...]
New Delhi, Mar 16 (PTI) The Ministry of Road Transport and Highways (MoRTH) through its various implementing agencies has constructed 8,045 kms of highways up to February 2022 during the current financial year, Parliament was informed on Wednesday. The National Highways Authority of India (NHAI) and National Highways and Infrastructure Development Corporation (NHIDCL) are primarily [...]
New Delhi, Mar 16 (PTI) The Supreme Court on Wednesday dismissed the plea for interim bail of former Fortis Healthcare promoter Shivinder Mohan Singh who along with others is accused of misappropriating Rs 2,397 crore of Religare Finvest Ltd (RFL) funds. Singh had sought interim bail for a short period on “humanitarian grounds” for helping [...]
Mumbai, Mar 16 (PTI) Record fund inflows through private equity and venture capital funds, primarily into the start-up ecosystem, have propelled the overall inflows to USD 5.8 billion in February, which is double the amounts annualised, according to industry data. According to the monthly data tabulated by the IVCA-EY (Indian Venture and Alternate Capital Association), [...]
Gurugram, Haryana, India & Munich, Germany – Business Wire India • Outlook: Bold technological transformation and business success will continue to go hand in hand in 2022 • E-mobility ramp-up: 15 BEV models in production • Electromobility: Neue Klasse will speed up market penetration – BEV share of 50 percent could be reached earlier • [...]
NEW DELHI, March 16, 2022 /PRNewswire/ -- Heroes of 1971 tells the stories of the fearless warriors who fought heroic battles to liberate Bangladesh, redrawing the map of South Asia in what is still considered the most conclusive military victory—in a 'just war'—in contemporary history. Written by serving and retired officers of the three services [...]
Srinagar, Mar 16 (PTI) Private airliner Go First on Wednesday announced the resumption of a direct international flight as well as the international cargo operations from Srinagar to Sharjah. Go First, formerly known as GoAir, was the first airline to introduce direct service from Srinagar to Sharjah last year under the air bubble agreement. Go [...]
New Delhi, Mar 16 (PTI) The government has invited bids from firms for valuing the assets of privatisation-bound RINL or Vizag Steel. The Cabinet Committee of Economic Affairs (CCEA) on January 27 gave 'in-principle' approval for 100 per cent disinvestment of government stake in Rashtriya Ispat Nigam Limited (RINL), also called Visakhapatnam Steel Plant or [...]
New Delhi, Mar 16 (PTI) Health-tech platform Curelink on Wednesday said it has raised USD 3.5 million (about Rs 26 crore) in a seed funding round led by Elevation Capital and Venture Highway. The round also saw participation from Digital Sparrow Capital and angel investors such as Paytm Chairman Vijay Shekhar Sharma; Ankush Sachdeva and [...]
New Delhi, Mar 16 (PTI) Congress leader Karti Chidambaram on Wednesday urged the government to issue guidelines and regulate delivery companies such as Swiggy and Zomato to protect delivery agents from unrealistic targets and ensure their safety.Raising the issue during Zero Hour in the Lok Sabha, Chidambaram spoke about the gig economy, explaining that a [...]
New Delhi, Mar 16 (PTI) Large oil importers like India and Thailand will be the most affected among Asia-Pacific countries by the ongoing Russia-Ukraine war, S&P Global Ratings has said. S&P estimates the Indian economy to grow 7.8 per cent in the next fiscal year beginning April 1, 2022. Besides, the economy is expected to [...]
New Delhi, Mar 16 (PTI) A significant percentage of employers are keen to increase their apprentice appointment in the first six months of this year, mainly on account of awareness and reforms in the apprenticeship system, according to a report.According to TeamLease Apprenticeship Outlook Report for H1 (January to June 2022), 72 per cent of [...]
Mumbai, Mar 16 (PTI) Equity indices roared back to life on Wednesday after a day's pause on across-the-board buying, in tandem with a sharp rebound in world stocks amid hopes of a breakthrough in Russia-Ukraine talks. A strong recovery in the rupee added to the momentum, while investors also awaited the US Federal Reserve's policy [...]
New Delhi, Mar 16 (PTI) JSW Cement has inked a pact with Punjab Renewable Energy Systems to use agricultural waste as biomass energy in its cement-manufacturing operations, a statement said. According to the MoU, Punjab Renewable Energy Systems will build a sustainable supply chain of agricultural waste to be utilized as biomass energy in the [...]
New Delhi, Mar 16 (PTI) Union Minister Nitin Gadkari on Wednesday launched green hydrogen-based advanced fuel cell electric vehicle (FCEV), Toyota Mirai, and said this is the first-of-its-kind project in India that aims to create an ecosystem for such vehicles in the country. Speaking at the event, Gadkari said FCEV, powered by hydrogen, is one [...]
Jaipur, Mar 16 (PTI) The Rajasthan government has witnessed over 21 per cent jump in excise revenue to Rs 10,580.7 crore till February in 2021-22, from Rs 8,694.14 crore in 2018-19. Replying to a question raised by BJP MLA Gyanchand Parekh in the Rajasthan Assembly on Wednesday, the state's Excise Minister Parsadi Lal Meena shared [...]
New Delhi, Mar 16 (PTI) The government is considering developing an operating system as part of its efforts to push the design and innovation ecosystem in the electronics and IT sector, Parliament was informed on Wednesday. Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said that no funds have been allocated by the [...]
Schools, colleges, offices and courts have reopened in the last one month and this has resulted in a shortage of paper. Paper manufacturers have raised the prices. In the past few days, the interest of investors in domestic paper companies has increased and analysts say that paper companies are likely to deliver strong returns as [...]
Thane, Mar 16 (PTI) Cyber fraudsters stole over Rs 1.51 crore after hacking into the server of a cooperative bank at Dombivli city in Thane district of Maharashtra, police said on Wednesday. The server of the bank was hacked and the data was tampered with on March 12 by unidentified hackers who siphoned off Rs [...]
