The Tata group is planning to invest $90 billion in new industries such as mobile components plant, semiconductor, electric vehicles, batteries, renewables energy and e-commerce by 2027. The Tata group's investment in India is far higher than the $75-billion investments planned by Mukesh Ambani-owned Reliance Industries and $55-billion investment planned by the Adani group in the next five years in the country, the Economist reported recently. The investment by the Tata group is a shift in its strategy to focus more in the home markets instead of international markets where the group lost money.
The staff and security personnel are performing their duties using mechanised and country boats to deal with any kind of eventualities, they said.
Normal life was thrown out of gear in Kashmir on Saturday as most areas of the valley received snowfall, disrupting flight and railway operations and also leading to the closure of the Srinagar-Jammu National Highway, officials said.
For the fourth consecutive day, Monday, the Srinagar-Jammu National Highway remained closed for traffic in the wake of landslides at some places, even as higher reaches in Kashmir received fresh snowfall overnight.
If the fiscal deficit target of 4.9% of GDP has to be met for 2024-2025, which the government must in view of the uncertainties and challenges emerging both domestically and globally, the finance ministry may see in the composition of the current year's capex a sliver of hope, notes A K Bhattacharya.
At least 27 Indian pilgrims, all from Maharashtra, who arrived in Nepal for a 10-day tour were killed and 16 others injured after their bus veered off the highway and fell into a fast-flowing river in central Nepal on Friday.
Projects would be bid out shortly while work on them would start after acquisition of 90 per cent land
Projecting India as the land of biggest opportunities globally, Prime Minister Narendra Modi on Saturday promised the business sector facilitation, reforms, a stable policy regime and high growth. Addressing the ET World Leaders Forum, Modi, in turn, asked investors to commit to innovation, performance, positive disruption and high-quality products, as he stressed that the country respects wealth creators.
Full exemption for all health insurance premiums and reinsurance or a reduction in the GST rate from 18% to 5% on health insurance services is likely.
When the internal security situation spirals out of the control of the provincial law and order machinery, the CAPFs can be called in, providing a security buffer before the Army is deployed.
Travelling from South India to Kashmir in December was magical for Ganesh Nadar as he feasted his eyes on the beauty of the snow-capped Himalayas.
Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.
'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.
The Centre is planning to construct a tunnel ring road in the city that can be linked to the proposed Ahmedabad-Mumbai highway.
Five people were killed and about 50 missing following several incidents of cloudburst in Himachal Pradesh where rains washed away many houses, bridges and roads, officials said on Thursday.
The Delhi-Gurgaon Road witnessed traffic snarls on Tuesday after the authorities closed one carriageway and created a diversion for construction on the Dwarka Expressway.
The project, anchored by National Highways Authority of India in partnership with National Payments Corporation of India, is gaining momentum, with big banks such as ICICI and non-bank entities like Paytm have also entered the arena.
'The scheme excludes tractors, light commercial vehicles, and medium and heavy commercial vehicles.'
Hit-and-run cases are those in which drivers, who cause the accidents, flee from the spot and do not inform the police.
When I asked Krishna Gopal Sengupta, who had travelled through Bangladesh from Chittagong to Petrapole if the interim government had made any impact at ground level, he said, "it's been only a couple of days. They will need some time." Shyam G Menon reports from Petrapole, India's entry point with Bangladesh.
Thackeray also condemned the collapse of a girder of an overbridge which was being constructed on a section of the Mumbai-Goa highway in Chiplun city on Monday.
The idea is to do away with the need for the approval of the Core Group of Secretaries on Divestment for privatisation of companies, especially in non-strategic sectors.
Those familiar with intricate Kashmir politics do not rule out further delay in the assembly elections. Primarily, because the BJP having 'invested' so much for so long in Kashmir would try its best to wait a little longer if only to secure the 'gains' it believes to have achieved after its deafening action on August 5, 2019, points out Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.
The Shri Ram Janmabhoomi Teerth Kshetra Trust has sent invitations to 7,000 people, including 3,000 VVIPs, for the consecration.
When launched later this year, the Volvo will lock horns with the BMW 5-series, Mercedes-Benz E-Class, Jaguar XF and the Audi A6
'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'
Ashutosh Sharma revealed he didn't know where his career was heading during the time between 2020-22 when he fell out of favour with MP coach Chandrakant Pandit.
The marathon polling process to elect the 18th Lok Sabha ended on Saturday with the seventh phase of elections witnessing an approximate voter turnout of 62.36 per cent, amid clashes between Trinamool Congress and Bharatiya Janata Party supporters in Sandeshkhali and some other parts of West Bengal.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the Ministry of Road Transport and Highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
Capital expenditure (capex) by 54 large central public sector enterprises (CPSEs) and five departmental arms with an annual capex target of Rs 100 crore and above has reached around 42.5 per cent of their annual target of about Rs 7.33 trillion in this financial year so far, a senior official from the Ministry of Finance told Business Standard. "The Centre is pushing the big public undertakings in the infrastructure and refinery sector to achieve 90 per cent of their target by the end of the third quarter," he said. The capex by this group of CPSEs stands at around Rs 3.1 trillion in the April-August period so far.
When the movie started, the crowd went wild. They cheered for Sunny Deol and booed the villains. They laughed at the jokes, cried at the emotional scenes and whistled and cheered at all the action. Rajesh Karkera records the audience reactions at a screening of Gadar 2.
The railways may offer high-speed train corridors to global players.
Union Minister Nitin Gadkari on Thursday said the government will approach the capital market this month to raise funds for road projects. Addressing an event, he said toll revenue of the NHAI will soar to Rs 1.40 lakh crore per annum in next three years from Rs 40,000 crore per annum currently. "This month, I will be approaching the capital market to raise funds for road projects...Our toll income is very good and NHAI's rating is AAA...I am 100 per cent sure that we will get a good response from the capital market," the Road Transport and Highways minister said.
Ranveer Singh may sing on screen for the first time in his career for Karan Johar's Rocky Aur Rani Ki Prem Kahaani.
Gandhi undertook the journey Monday night and in visuals and videos, the former party chief, donning his trademark white T-shirt, is seen sitting inside a truck, travelling with one of the drivers and speaking to truck drivers at a dhaba.
The ministry of railways has dropped its proposal for monetisation of stations on public-private partnership mode, and projects are now being taken up under engineering, procurement and construction (EPC) mode, a source said. The source also told PTI that the ministry of railways has been asked to expedite monetisation of other assets, including trains, goodsheds, hill rail, stadiums, railway colonies and railway land parcels among others. "Largest asset class (stations) dropped. Stations earlier proposed on PPP mode are now being taken up under EPC mode," the source said.
Govt says coastal road is meant to decongest Mumbai, experts believe it would be counter-productive.
Tatra Trucks India will soon foray into on road applications by launching a heavy truck in India at its plant at Hosur in Tamil Nadu.
Khan will be presented before the accountability court on Wednesday, a NAB source was quoted as saying by the Dawn newspaper.
