Voltas net profit down by 3% in Q4
Mumbai, May 17 (IANS) Air conditioners maker Voltas Ltd on Thursday reported a three per cent fall in its consolidated net profit to Rs 194.19 crore in the quarter ended March 31, 2018 as compared…
Business
Ship for carrying fuel to INS Vikramaditya launched in Kolkata
Kolkata, May 17 (IANS) A 1,000-tonne barge, specially designed for carrying fuel mid-sea to the Indian Navy’s flagship aircraft carrier INS Vikramaditya, was launched here on Thursday. The ship, manufactured by city-based Titagarh Wagons, will…
RIL’s used “PET bottle” reverse vending machine inaugurated in Mumbai
Mumbai, May 17 (IANS) Reliance Industries (RIL) on Thursday said that Shiv Sena Leader Aaditya Thackeray has inaugurated its “post-consumer (used) PET bottle Reverse Vending Machine” (RVM) in Mumbai. According to the company, the machine…
IHH extends validity of its “Enhanced Revised offer” for Fortis
Mumbai, May 17 (IANS) Fortis Healthcare (FHL) on Thursday said that Malaysia’s IHH Healthcare Berhad has extended the validity of its “Enhanced Revised Offer” to invest in the company. As per a BSE filing, FHL…
PNB fraud: ED seizes Rs 85 cr jewellery in Choksi case
New Delhi, May 17 (IANS) The ED on Thursday seized over 34,000 pieces of jewellery valued at Rs 85 crore in connection with its ongoing probe against absconding businessman Mehul Choksi who is accused along…
India’s April domestic air passenger traffic up 26%
New Delhi, May 17 (IANS) India’s domestic air passenger traffic rose to 1.15 crore in April 2018 — up 26.05 per cent — from 91.34 lakh reported during the corresponding month of 2017. On a…
Cannot bar traders from importing sugar from Pakistan: Paswan
New Delhi, May 17 (IANS) Union Food Minister Ram Vilas Paswan on Thursday expressed his inability to stop sugar import from Pakistan saying the government cannot bar private traders from doing so under the prevailing…
NIT-Trichy, Tata Motors partner for research
New Delhi, May 17 (IANS) National Institute of Technology Tiruchirappalli on Thursday signed a pact with Tata Motors to jointly work on research projects with an aim to cater to the “future engineering needs of…
Farmer suicides: Amarinder urges Modi for one-time debt waiver
Chandigarh, May 17 (IANS) Expressing serious concern over the deteriorating condition of the farmers and the unabated farmer suicides, Punjab Chief Minister Amarinder Singh on Thursday urged Prime Minister Narendra Modi to announce a one-time…
Non-bailable warrant issued against ex-BJP MLA Kotadia
Ahmedabad, May 17 (IANS) The Ahmedabad city civil and sessions court on Thursday issued a non-bailable warrant against former BJP MLA from Dhari, Nalin Kotadia, accused of Bitcoin extortion of a builder. After serving repeated…
Bail plea of Kejriwal’s nephew dismissed
New Delhi, May 17 (IANS) A court here on Thursday rejected the bail plea of Delhi Chief Minister Arvind Kejriwal’s nephew Vinay Bansal arrested in connection with an alleged scam worth Rs 6 crore in…
Top Gurugram hospitals flouting rules, inspection reveals
Gurugram, May 17 (IANS) A committee of the Haryana Assembly on Thursday inspected the super-specialty Medanta-The Medicity, Artemis and Fortis hospitals here and found that they were not treating a given number of poor patients…
Small tea growers expect benefits from Rs 400 crore outlay
Kolkata, May 17 (IANS) Small tea growers are expecting to get benefits from the Rs 400 crore outlay, approved by the Centre under the “Tea Development and Promotion Scheme” proposed by the Tea Board India,…
Economists advise finance panel to use contemporary population data
New Delhi, May 17 (IANS) Leading economists on Thursday advised the 15th Finance Commission to use contemporary population data while making its recommendation while also rewarding population stabilization policy. They also agreed that the permissible…
Over Rs 10 lakh cr invested in telecom sector: COAI
New Delhi, May 17 (IANS) Players in the telecom industry have so far invested Rs 10.4 lakh crore in India, the Cellular Operators Association of India (COAI) said here on Thursday. The COAI in a…
Cities will see transformation in coming years: Naidu
New Delhi, May 17 (IANS) Cities are drivers of economic growth and with the rising aspirations of people, Indian cities will see a transformation in coming years, Vice President M. Venkaiah Naidu said here on…
Bajaj Allianz Life Insurance to open 1,000 virtual sales offices
Bhubaneswar, May 17 (IANS) Bajaj Allianz Life Insurance Company, one of the leading private life insurers of the country, on Thursday said it plans to open over 1,000 virtual sales offices spread across the country…
UK may crash out of EU without Brexit deal: Varadkar
Dublin, May 17 (IANS) Ireland’s Indian-origin Prime Minister Leo Varadkar on Thursday raised the prospect of Britain crashing out of the EU without a deal if the UK government infighting continues over the next few…
Maharashtra to build 1.5 million affordable homes: Minister
Mumbai, May 17 (IANS) The Maharashtra government plans to build at least one million affordable homes in the Mumbai Metropolitan Region and another half a million across the state, Housing Minister Prakash Mehta said here…
Ministers of 5 states meet President on Finance Commission
New Delhi, May 17 (IANS) The Finance Ministers of Delhi, Kerala, West Bengal, Andhra Pradesh, Punjab and the Chief Minister of Puducherry met President Ram Nath Kovind here on Thursday and submitted a memorandum urging…