Bharat Biotech working with ICMR for speedy progress: PM

Bharat Biotech working with ICMR for speedy progress: PM

🕔16:36, 28.Nov 2020

Hyderabad, Nov 28 Prime Minister Narendra Modi said Bharat Biotech, a city-based pharmaceutical company, is closely working with the Indian Council of Medical Research (ICMR) to create an indigenous Covid vaccine on Saturday. “At the Bharat Biotech facility in Hyderabad, was

Read Full Article
CAIT demands 7-day ban on Amazon for violating country of origin rule

CAIT demands 7-day ban on Amazon for violating country of origin rule

🕔14:38, 28.Nov 2020

New Delhi, Nov 28  The Confederation of All India Traders (CAIT) is highly dejected with the minimum amount penalty of merely Rs 25,000 levied on Amazon India by the Ministry of Consumer Affairs for not providing the mandatory details of

Read Full Article
Apr-Sep FDI inflow at $30B; Mauritius, Singapore top sources

Apr-Sep FDI inflow at $30B; Mauritius, Singapore top sources

🕔14:29, 28.Nov 2020

New Delhi, Nov 28 With India being an attractive destination for foreign funds despite the pandemic, FDI inflow rose 15 per cent during the April-September period to $30 billion. During the same period last fiscal, total FDI inflow stood at $26

Read Full Article
PM to visit 3 vaccine centres in Ahmedabad, Pune & Hyderabad on Sat

PM to visit 3 vaccine centres in Ahmedabad, Pune & Hyderabad on Sat

🕔07:19, 28.Nov 2020

New Delhi, Nov 27 Prime Minister Narendra Modi will embark on a three-city visit on Saturday to personally review Covid vaccine development and manufacturing process. Accordingly, he will visit the Zydus Biotech Park in Ahmedabad, Bharat Biotech in Hyderabad and

Read Full Article
ICMR approves dry swab RT-PCR method for Covid detection

ICMR approves dry swab RT-PCR method for Covid detection

🕔07:18, 28.Nov 2020

New Delhi, Nov 28  The simple and fast method of dry swab-direct RT-PCR, developed by CSIR’s constituent lab Centre for Cellular and Molecular Biology (CCMB), Hyderabad, for scaling up coronavirus detection has now been approved by the Indian Council of

Read Full Article
IRDAI approves ICICI Lombard acquisition of Bharti Axa General

IRDAI approves ICICI Lombard acquisition of Bharti Axa General

🕔07:16, 28.Nov 2020

Chennai, Nov 28  The Insurance Regulatory and Development Authority of India (IRDAI), on Friday approved, in principle, the acquisition of the non-life insurance business of Bharti Axa General Insurance Company Ltd by ICICI Lombard General Insurance Company Ltd. In a

Read Full Article
India’s foreign exchange reserves rise by over $2.5 bn

India’s foreign exchange reserves rise by over $2.5 bn

🕔07:13, 28.Nov 2020

Mumbai, Nov 28  India’s foreign exchange reserves rose $2.51 billion during the week ended November 20. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $575.290 billion from $572.771 billion reported for the week ended

Read Full Article
PSUs hit 39% of FY21 CAPEX target, FM calls for more efforts

PSUs hit 39% of FY21 CAPEX target, FM calls for more efforts

🕔07:12, 28.Nov 2020

New Delhi, Nov 28  Central Public Sector Enterprises (CPSE) have achieved 39.4 per cent of their capital expenditure (CAPEX) target with an expenditure of Rs 24,227 crore so far. Finance Minister Nirmala Sitharman on Friday called on the CPSEs to

Read Full Article
J&K Administrative Council Clears 850 MW Ratle Hydroelectric Project

J&K Administrative Council Clears 850 MW Ratle Hydroelectric Project

🕔07:11, 28.Nov 2020

Jammu, Nov 28  In a significant decision the J&K Administrative Council in its meeting on Friday approved the proposal for development of 850 MW Rattle Hydroelectric Project in Joint Venture Mode by NHPC and JKSPDC. The Rs 5,300 crore project

Read Full Article
Farmers try to go Ramlila Maidan, police take them to Nirankari ground

Farmers try to go Ramlila Maidan, police take them to Nirankari ground

🕔07:10, 28.Nov 2020

New Delhi, Nov 28 Farmers protesting against agricultural laws have camped at Tikri and Singhu borders of Delhi, even as police have allowed them stage their protest at the Nirankari ground in the city’s Burari area. Farmers who succeeded in entering

Read Full Article
India officially enters recession, but contraction in Q2FY21 GDP recedes

India officially enters recession, but contraction in Q2FY21 GDP recedes

🕔07:05, 28.Nov 2020

New Delhi, Nov 28  Even though India’s economic recovery accelerated in Q2FY21 from the lows of the pandemic-induced lockdown, the country, for the very first time since Independence, entered into a technical recession. The National Statistical Office (NSO) data on

Read Full Article
SAIL Chairman calls for more synergy amongst CPSEs for furthering Atmanirbhar Bharat in PSE Summit 2020

SAIL Chairman calls for more synergy amongst CPSEs for furthering Atmanirbhar Bharat in PSE Summit 2020

🕔05:29, 28.Nov 2020

New Delhi, 28th Nov, 2020: Anil Kumar Chaudhary, Chairman, SAIL and Chairman, CII PSE Council, chaired the PSE Summit 2020 organized on the topic of ‘PSEs: Furthering Atmanirbhar Bharat’ held today on 27th November, 2020. During his welcome address, he emphasized on

Read Full Article
BHEL establishes new record with India’s highest-rated Auto Transformer

BHEL establishes new record with India’s highest-rated Auto Transformer

🕔16:40, 27.Nov 2020

New Delhi; November 27: Bharat Heavy Electricals Limited (BHEL), the country’s largest and oldest capital goods manufacturing company has successfully manufactured and tested (short circuit) India’s highest rating Auto Transformer at the National High Power Test Laboratory (NHPTL) at Bina

Read Full Article
SAIL intensifies its involvement in ‘Jan-Andolan’ to fight CoVID-19 pandemic

SAIL intensifies its involvement in ‘Jan-Andolan’ to fight CoVID-19 pandemic

🕔16:38, 27.Nov 2020

New Delhi, 27th Nov, 2020: Steel Authority of India Limited while scrupulously following all Government guidelines for Jan-Andolan against CoVID-19 pandemic, has continued to take wide-ranging preventive measures as well as responded promptly across its Plants and Units including its Corporate Office located

Read Full Article
ECLGS 2.0: Principal to be paid in 48 installments post 1-yr moratorium

ECLGS 2.0: Principal to be paid in 48 installments post 1-yr moratorium

🕔16:33, 27.Nov 2020

New Delhi, Nov 27 With the Centre extending the Emergency Credit Line Guarantee Scheme (ECLGS) to 26 sectors, borrowers under the extended programme – ECLGS 2.0 — will have to repay the principal amount in 48 installments after the one-year moratorium.

Read Full Article
Etailers log record Rs 61,253 crore sales in India festive month

Etailers log record Rs 61,253 crore sales in India festive month

🕔16:27, 27.Nov 2020

Bengaluru, Nov 27  The festive online sales in India beat industry estimates to clock $8.3 billion (nearly Rs 61,253 crore) in the October 15-November 15 period — an impressive growth of 65 per cent (on-year), a new report said on

Read Full Article
Risk premium for Basel III instruments to increase: ICRA

Risk premium for Basel III instruments to increase: ICRA

🕔16:25, 27.Nov 2020

Chennai, Nov 27  The risk premium for Basel III security instruments is expected to increase for weaker banks with the Reserve Bank of India (RBI) on Thursday asking Lakshmi Vilas Bank to write down Rs 318.20 crore of its Tier

Read Full Article
Hyd airport introduces IoT enabled smart baggage trolleys

Hyd airport introduces IoT enabled smart baggage trolleys

🕔16:23, 27.Nov 2020

Hyderabad, Nov 27  The Rajiv Gandhi International Airport here has introduced ‘Internet of Things’ (IoT) enabled smart baggage trolleys. It thus claimed to have become India’s first airport to deploy IoT for tracking and maintaining the availability of baggage trolleys

Read Full Article
Adani completes Rs 1,300 cr acquisition of Alipurduar Transmission

Adani completes Rs 1,300 cr acquisition of Alipurduar Transmission

🕔16:22, 27.Nov 2020

Ahmedabad, Nov 27  Private sector transmission entity Adani Transmission Ltd. (ATL) has acquired Alipurduar Transmission Limited from Kalpataru Power Transmission Ltd. (KPTL) for an enterprise value of Rs 1,300 crore. The acquisition involves ATL picking up 49 per cent stake

Read Full Article
Adani, Piramal, Oaktree may vie for entire DHFL portfolio in fresh bids

Adani, Piramal, Oaktree may vie for entire DHFL portfolio in fresh bids

🕔16:20, 27.Nov 2020

Mumbai, Nov 27 In a major turn of events in the DHFL resolution process, the Committee of Creditors (CoC) is likely to invite fresh bids for the bankrupt NBFC and sources say that Adani Group, Piramal Enterprises and Oaktree may bid

Read Full Article