New Delhi: Eyeing the Indian Navy’s Rs 43,000 crore contract to procure six stealth submarines, German defence major Thyssenkrupp Marine Systems (TKMS) and state-run Mazagon Dock Shipbuilders Limited (MDL) signed a framework agreement on Wednesday to bid for one of the biggest “Make in India” projects. The memorandum of understanding (MoU) was signed in Mumbai in…
Mumbai: Air India will operate a ferry flight from Mumbai at 1300 hrs on Wednesday to Russia to fly the passengers bound for San Francisco, who are currently stranded, following a technical issue en route. “A ferry flight is scheduled to operate to GDX (Magadan) from Mumbai, at 1300 hours IST on June 7, subject to…
New Delhi: Porter, India’s leading tech-based, on-demand logistics company, has seen a 2x growth in business year-on-year, a testament to its commitment to using technology to “address inefficiencies and establish a highly efficient logistics ecosystem”. “At Porter, we are dedicated to harnessing the power of technology and digital solutions to optimise our operations and deliver…
Lucknow: In a bid to make Uttar Pradesh a leading state in the field of milk development and milk production, the state government has launched the Nand Baba Milk Mission scheme at a cost of Rs 1,000 crore. The Nand Baba Milk Mission scheme, which was launched on Tuesday has been implemented to provide milk…
Kolkata: The Central Bureau of Investigation (CBI) on Wednesday conducted raids at multiple locations in West Bengal in connection with its probe into alleged irregularities in recruitment in civic bodies, an official said. Sleuths of the central agency started search operations this morning in 14 municipalities, including South Dum, Panihati, Kanchrapara, Chinsurah and Dum Dum. The…
Mumbai: Benchmark equity indices Sensex and Nifty faced heavy volatility on Tuesday to settle flat as investors preferred to stay on the sidelines ahead of the Reserve Bank of India’s interest rate decision later this week. Selling pressure in IT counters, foreign fund outflows and weak trends in global equities also dented sentiments in markets, traders…
Silicon Valley (US): In a new trend, successful Indian startups have gradually started to move their base to Silicon Valley so that they can have a pie of the American market, an eminent Indian-American entrepreneur has said. In the last few years, it is understood that three to four hundred highly successful Indian startups have moved…
Nagpur: The Maharashtra State Power Generation Company (MAHAGENCO) has filed a caveat petition in the Nagpur bench of the Bombay High Court apprehending litigation against its proposed two 660 MW coal power units at Koradi in Nagpur. The proposed coal power units have been opposed by environmentalists and other activists who have raised concerns about air,…
Chandigarh: Punjab Chief Minister Bhagwant Mann has written to the Centre, seeking allocation of additional 1,000 MW of electricity for the upcoming paddy season. In a letter to the Union minister for Power R K Singh, CM Mann pointed out that the state’s generation capacity was limited to about 6,500 MW, whereas the peak demand is…
Silicon Valley: Talented people from across the world get attracted to Silicon Valley because it celebrates failure, an ecosystem that is found in no other parts of the world, an Indian American entrepreneur has said. The world wants to be here in Silicon Valley. Right from the emerging economies to the Western economies, everybody wants…
