Coal India Ltd (CIL) will work on priority to meet the 780 MT production target for FY24, its new Chairman PM Prasad said on Saturday. Prasad took charge as the Chairman of the mining giant on July 1. He succeeds Pramod Agrawal, who superannuated on June 30, 2023. "Underlining his priority, the chairman said CIL would achieve the 780 million tonne (MT) output target of FY2024 with all efforts and means available at its disposal," a Coal India statement said. In FY 2022-23, CIL produced 703 MT of coal. Читать дальше...
Network infrastructure and 5G technology provider Nokia has signed a new long-term patent license agreement with Apple to replace the current deal between the two companies that is set to expire at the end of 2023. The deal, which enables Apple to use the Finnish company's technology in its products, covers Nokia's inventions in 5G and other technologies. The terms of the agreement announced late Friday remain confidential. Nokia expects to recognize revenue related to the agreement starting January 2024... Читать дальше...
Puducherry Lt Governor Tamilisai Soundararajan on Saturday said the introduction and implementation of Goods and Services Tax (GST) in the country has brought in an economic revolution in the country. Addressing officers and tax payers at the celebrations of 'Six Years of GST' organised by the Commissionerate of GST and Central Excise (Puducherry), the Lt Governor said it (GST) marked a significant milestone in the indirect system of taxation. "It is a remarkable initiative in a diverse and federal... Читать дальше...
Nationalist Congress Party chief Sharad Pawar on Saturday took a jibe at Maharashtra Deputy Chief Minister Devendra Fadnavis in connection with a bus accident on the Samruddhi Expressway that killed 25 by claiming people had told him such fatalities become "devendrawasis". The 701-kilometre Nagpur-Mumbai Samruddhi Mahamarg, which is now operational on a 601 kilometre stretch from Vidarbha's largest city to Bharvir in Nashik, is considered the brainchild of Fadnavis. However, it has been plagued by... Читать дальше...
Eleven unexploded shells were defused by the army's bomb disposal squad in a forward village in Kargil district of Ladakh, officials said on Saturday. The unit led by the Sappers of Forever in Operations division detected the ordnance during a sanitising drive in Kurbathang area, officials said. The drive was conducted in close coordination with Tehsildar, Kargil, and Sarpanch, Pashkum, and the unexploded ordnance was safely defused by the bomb disposal squad, they said. Earlier in April, the Sappers... Читать дальше...
Auto component manufacturer Sundaram-Clayton Ltd has acquired an additional stake of 11.20 per cent in its subsidiary Emerald Haven Realty Ltd, the company said on Saturday. Emerald Haven Realty Ltd is engaged in real estate development under the brand TVS Emerald and consequent to the acquisition, the stake of Sundaram-Clayton Ltd in EHRL increased to 77.60 per cent from 66.40 per cent. In 2022-23, Emerald Haven Realty generated a turnover of Rs 22.59 crore with a loss of Rs 41.84 crore, Sundaram-Clayton said in a regulatory filing. Читать дальше...
Muthoot Microfin plans to raise up to Rs 1,350 crore through an initial share sale and has filed draft papers with markets regulator Sebi. The Initial Public Offering (IPO) of the company that provides micro loans to women customers will comprise a fresh issue worth up to Rs 950 crore and an Offer For Sale (OFS) of equities to the tune of Rs 400 crore. According to the Draft Red Herring Prospectus (DRHP) filed on Friday, the company will also look at pre-IPO placement to raise Rs 190 crore. If that placement is undertaken... Читать дальше...
Prime Minister Narendra Modi on Saturday said his government is annually spending over Rs 6.5 lakh crore for the agriculture sector and farmers and asserted that the Centre is delivering rather than just talking about promises, in an apparent dig at the Congress party over poll guarantees. Addressing the 17th Indian Cooperative Congress here, the prime minister asked cooperatives to become carriers of social and national policy instead of politics. He asked them to become a model of transparency and corruption-free governance... Читать дальше...
Based on the data from the NPCI, compared to the same month last financial year, transaction volume increased by 59% and value by 45%
Pakistan on Saturday handed over a list of 308 Indian prisoners, including 42 civil and 266 fishermen, lodged in its jails to the High Commission of India here as part of a bilateral agreement. The step was taken in consistence with the provisions of the 2008 Agreement on Consular Access between the two countries, the Foreign Office (FO) said in a statement. The FO said that the Government of Pakistan today handed over a list of 308 Indian prisoners in Pakistan (42 civilian prisoners and 266 fishermen)... Читать дальше...
The Himachal Pradesh government is contemplating to develop artificial reservoirs as vibrant tourist destinations offering a range of adventure activities like water sports, angling, bird watching and eco-tourism, Chief Minister Sukhvinder Singh Sukhu said on Saturday. In a statement issued here, he said rules are being formulated to govern the operations of these activities with an objective to prolong the stay of tourists besides offering them a variety of memorable experiences. The hill state is endowed with bountiful lakes and reservoirs... Читать дальше...
The Bihar capital was on Saturday rocked by protests against the state government's controversial decision to allow those from other provinces to compete for teachers' jobs. A massive demonstration was staged by young men and women at the Dak Bungalow crossing in the heart of Patna, creating traffic snarls, even as police took recourse to use of force for dispersal and rounded up quite a few who they found most unruly. The demonstration is being staged without any permission from the administration. Читать дальше...
Mumbai (Maharashtra) [India], July 1: A.P. Moller - Maersk (Maersk), a global integrator of logistics, held the second edition of Equal At Sea 2023 with the theme of 'Charting a course towards an inclusive future'. The event aimed at taking stock of the progress made since the launch of the Equal At Sea initiative in 2022 and providing a platform for the industry to create opportunities for facilitating industry-wide transformation and empowering women to pursue rewarding careers at sea.
Language is no longer a barrier when it comes to good content, says Sanjeev Kumar Bijli, Executive Director, PVR INOX Ltd, who has acquired Sundance Film Festival breakout "Past Lives" for India release. "Past Lives", by first time director Celine Song, is an English-Korean relationship drama that has earned rave reviews with critics hailing it as one of best movies of the year. It has already been released in the US and hits Indian theatres on July 7. Bijli said the commercial success of Japanese... Читать дальше...
PDP president Mehbooba Mufti on Saturday requested Chief Justice of India (CJI) Dhananjaya Y Chandrachud for an early hearing of a batch of petitions challenging the revocation of Article 370 in August 2019. CJI Chandrachud is currently on a tour of Jammu and Kashmir and delivered the inaugural address on the second day 19th All India Legal Services Authorities meeting in Srinagar on Friday, besides attending the foundation laying function of the new high court complex in Jammu a day earlier. We... Читать дальше...
The Supreme Court has sought a response from the CBI on a plea against a Jharkhand High Court order that a resolution professional appointed under the Insolvency and Bankruptcy Code is a 'public servant' and can be tried under the Prevention of Corruption Act. A SC vacation bench of Justices A S Bopanna and Prashant Kumar Mishra issued the notice to the CBI on a plea challenging the April 5 order of the high court. "Issue notice to the respondent on the Special Leave Petition," the plea said. The... Читать дальше...
A tyre burst could not have caused Saturday's bus accident on Samruddhi Expressway, in which 25 persons were charred to death, as there were no pieces of rubber or tyre markings at the scene, the Amravati Regional Transport Office (RTO) stated in its report. The RTO report, which was based on survivors' accounts, said there was no evidence (rubber pieces of tyres after burst) or tyre markings at the spot, and the impact marking was on the wheel disc, which was bent, and not on the tyre itself. A... Читать дальше...
Maharashtra has the highest number of NAAC-accredited colleges and universities in the entire country, an indication of the state's commitment to quality education, said an official associated with the National Assessment and Accreditation Council. Dr Devender Kawday, advisor to NAAC, was speaking to PTI on the sidelines of a programme in Thane on Saturday. NAAC is an autonomous institution of the University Grants Commission (UGC) and is responsible for assessing and accrediting higher education... Читать дальше...
France's Interior Ministry said Saturday that 1,311 people were arrested around the country during a fourth night of riots triggered by the deadly shooting of a 17-year-old by police. The government deployed 45,000 police around the country to try to quell violence. Overnight young protesters clashed with police, set some 2,500 fires and ransacked stores. The funeral ceremony for Nahel, who was killed by police in the suburb of Nanterre on Tuesday, began Saturday with a visitation, to be followed... Читать дальше...
Finance Minister Nirmala Sitharaman on Saturday said the public sector banks' profit in the last nine years has tripled to Rs 1.04 lakh crore due to initiatives taken by the government and underlined the need for continuing the momentum to fuel economy. The net profit of public sector banks (PSBs) has almost tripled to Rs 1.04 lakh crore in FY23 from Rs 36,270 crore in FY2014. Inaugurating the corporate office of Punjab and Sind Bank here, the minister said that banks need to "build on laurels" by... Читать дальше...
HDFC Bank started rebranding offices of erstwhile HDFC Ltd with its colours on Saturday, on the first day of operations as a merged entity. Branding at all over the 500 offices and branches of the home loan major started getting the HDFC Bank look from Saturday morning onwards, officials said. The entire exercise of changing the look at HDFC Ltd's offices and branches is slated to take about 24 hours, they said, adding that HDFC Ltd's corporate headquarters at Ramon House is among the places where the branding has already been changed. Читать дальше...
The much-anticipated passenger boat service between India and Sri Lanka will be further delayed after New Delhi changed the port chosen for the boat service, a senior minister said here on Saturday. The boast service was to begin in April. Minister of Ports, Shipping and Aviation Nimal Siripala de Silva said the commencement of passenger boat service between India and Sri Lanka will be delayed, Newsfirst Lanka reported. The minister said that India has changed the port it had chosen for the boat service. Читать дальше...
Senior BJP leader and former Union minister Mukhtar Abbas Naqvi on Saturday targeted the Congress and other opposition parties over the Uniform Civil Code issue and asked them to "listen to their conscience" and refrain from communal politics. "This is the right time to implement this inclusive reform. It's now or never for this law," he told reporters here and asserted that a Uniform Civil Code (UCC) will ensure "equality and justice for all". UCC refers to a common set of laws that are applicable... Читать дальше...
It is estimated that 101 million people in India - around 10 per cent of the country's population - are suffering from diabetes
Backed by the high demand for electric vehicles, batteries, and hydrogen, the electroplating industry in the country is estimated to be at Rs 12,000 crore, a top industry official said. Homi Bhabha National Institute Vice-Chancellor U Kamachi Mudali said the electroplating industry globally was expected to grow to USD 30 billion. The sector has over three lakh electroplaters present across the country, Mudali noted at the fourth edition of Surface and Coating Expo 2023 here organized by Confederation of Indian Industry (CII). Читать дальше...
