SC extends interim protection from arrest granted to actor Siddique in ‘rape’ case
New Delhi: The Supreme Court on Tuesday extended the interim protection from arrest granted to Malayalam film actor Siddique in an alleged rape case. A bench of Justices Bela M Trivedi and Satish Chandra Sharma extended its interim order of September 30 in which it granted him interim protection from arrest in the case and […]
Six killed, one injured as car crashes into truck in Dehradun
Dehradun: Six people were killed and one sustained serious injuries when their car collided with a truck here early Tuesday, police said. The victims, mostly students, included three men and three women, according to Kailash Singh, in charge of the Cantt Police Station. The injured has been admitted to Synergy Hospital, he said. The incident […]
Manjushree Technopack, Inventurus Knowledge Solutions get Sebi go ahead to float IPOs
New Delhi: Advent International-backed Manjushree Technopack and Inventurus Knowledge Solutions Ltd, which provides healthcare support services, have received go ahead from market regulator Sebi to float initial public offerings. Manjushree Technopack is looking to mobilise Rs 3,000-crore through the initial share-sale, while the initial public offering (IPO) of Inventurus Knowledge Solutions, which is backed by […]
L&T bags ‘ultra mega’ order from NTPC to set up thermal power plants in MP, Bihar
New Delhi: Infrastructure major Larsen & Toubro (L&T) on Tuesday said it has bagged an ‘ultra mega’ order from state-owned NTPC to set up thermal power plants in Madhya Pradesh and Bihar. The company classifies orders above Rs 15,000 crore as ‘ultra mega’. The order was bagged by the L&T Energy CarbonLite Solutions which is […]
Ashok Leyland signs pact with Madhya Pradesh Gramin Bank for vehicle finance
Mumbai: Commercial vehicle maker Ashok Leyland on Tuesday said it has signed an initial pact with Madhya Pradesh Gramin Bank for providing vehicle loans to customers. The partnership will focus on meeting customer needs by providing vehicle loans with convenient monthly repayment plans tailored to their preferences, Ashok Leyland said in a statement. Ashok Leyland […]
Wilson & Hughes brings back travel brand ‘Cox & Kings’
New Delhi,: Singapore-based private equity and venture capital firm Wilson & Hughes PTE on Tuesday said it is bringing back the travel services brand Cox & Kings, which it had acquired earlier this year through insolvency proceedings. The revamped ‘Cox & Kings’ will focus on four main business areas of leisure, business, specialised travels and […]
Physis Capital gets Rs 150 cr commitment for Rs 400 cr fund
New Delhi: Venture Capital firm Physis Capital has received commitment of Rs 150 crore for its around Rs 400 crore or USD 50 million venture fund, which it plans to invest in 12-15 startups, a senior official of the firm said on Tuesday. Physis Capital, General Partner, Vinay Bansal told PTI that the firm expects […]
AIIB should strive for innovative financing tools, greater private capital mobilisation: FM
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the Asian Infrastructure Investment Bank (AIIB) should strive for greater provision of innovative financial models and scale up efforts for private capital mobilisation. The minister in her meeting with the AIIB delegation, comprising 11 officials of the Board of Directors of AIIB and senior representatives and […]
Urgent measures needed to reduce trade imbalances with Russia: Jaishankar
Mumbai: External Affairs Minister S Jaishankar on Monday called for “urgent” measures to address the issue of widening trade deficit between India and Russia. While India’s exports to Russia stood at only USD 2.24 billion in April-August this fiscal, imports soared to USD 27.35 billion during the period. The trade deficit is aggregated at USD […]
Have to put in effort collectively to achieve USD 2 trillion exports target by 2030: Goyal
New Delhi: Commerce and Industry Minister Piyush Goyal on Monday said collective effort is required to achieve the “big” exports target of USD 2 trillion by 2030. Addressing the annual convocation of IIFT (Indian Institute of Foreign Trade) through video conference, he expressed confidence in achieving the target. “Let us partner to achieve the export […]
