The new machine, that landed at the Chinyalisaur helipad, over 30 kilometres from the tunnel on the Chardham route, is being put into service, amid apprehension by workers at the site on the progress of the multi-agency rescue operations.
The company is looking at prepaying a part of the debt. It would be in the range of $800-900 million, Bharti Group chief financial officer Manik Jhangiani said.
Byju's plans to raise funds at a lower valuation of $7-8 billion as the embattled edtech major looks to shore up its financials with adequate liquidity, a senior company executive said on Tuesday. Banking on overall "improved performance", Think and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds. Byju's India chief financial officer Nitin Golani said the company is in need of funds and plans to raise it at a lower valuation to make the offer lucrative for investors as well as ensure adequate liquidity support for the edtech firm.
Punjab Police would be deploying 900 cops, besides commandos for the second ODI between India and Pakistan.
The Adani group had applied for the Northern Australia Infrastructure Facility loan for building the 388-km rail line to connect the Carmichael coal mine to the sea port.
The Opposition's stand on the Ayodhya consecration is puzzling. Their only objection seems to be that the BJP has hijacked a religious event for political benefit. In saying this, the Opposition is either being naive or hypocritical, argues Jyoti Punwani.
The company will raise Rs 844 crore through a rights offer for equity shareholders, while it will mop up Rs 900-1,080 crore through a similar offer for unsecured convertible debenture-holders.
The device will be available from April 23 for Rs 22,000, said a company statement.
The Nexus 5X features a 5.2-inch screen, 2GB RAM, 12.3 MP rear and 5MP front camera and a 2,700 mAh battery.
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.
Gadar 2 has entered the Rs 500 Crore Club (Rs 5 billion), which brings it into a super elite list that comprises of only two movies so far: Pathaan and Baahubali: The Conclusion [Hindi].
Officials said the launch of the Hatf-IV, also known as the Shaheen-1, would strengthen the country's deterrence capabilities "manifold".
Diwali fireworks are expected to continue on Dalal Street next week, with four companies collectively seeking to mobilise over Rs 6,600 crore through initial public offerings (IPOs). In terms of the amount raised, this is poised to be the busiest week of calendar year 2023. Tata Technologies (Tata Tech), a subsidiary of Tata Motors, could lead the charge with an IPO projected to be over Rs 2,900 crore. This will mark the first maiden share sale by a Tata Group firm in nearly two decades.
Profit-booking in IT and index-heavyweights dragged markets.
The government on Friday proposed a nearly 16-fold increase at Rs 1,900 crore (Rs 19 billion) for Unique Identification Authority of India (UIDAI) headed by Infosys founder Nandan Nilekani.
Drivers of commercial vehicles, including trucks and tankers, stopped work in several states on Monday and blocked roads at some places to protest against the provision in the new penal law regarding hit-and-run accident cases involving motorists.
India will pay Iran $900 million in two tranches beginning next week to clear part of the past dues for crude oil it buys from the Persian Gulf nation.
Demand for 1,800-MHz weak but govt secures a combined Rs 42k cr on Day-1
Chief Minister-designate Mohan Yadav, an OBC leader and three-time Bharatiya Janata Party MLA, started his political career when he was a student and rose to become higher education minister of Madhya Pradesh where he announced to make Hindu epic Ramcharitmanas as an optional subject in colleges in 2021.
A 25 per cent year-on-year (Y-o-Y) increase in budget allocation towards the roads sector for FY24 has led to renewed interest among investors. However, a combination of escalating costs for Bharatmala and unseasonal rains to some extent have impacted progress. Bharatmala's cost has nearly doubled from Rs 5.35 trillion to Rs 10.6 trillion and the finance ministry has asked MoRTH to go slow until Cabinet approval is received.
The 4.5 kilometre-long Silkyara tunnel project in Uttarakhand, which is part of the central government's strategic 900-km 'Char Dham Yatra All Weather Road', will continue after the necessary safety audit and repair of the broken structure, a senior road ministry official said on Wednesday.
A heavy-duty drilling machine flown in by the Indian Air Force (IAF) from Delhi began boring through the rubble of a collapsed tunnel on the Char Dham route in Uttarakhand Thursday, in a fresh attempt to create an escape passage for 40 workers trapped inside for four days.
ONGC Videsh Limited (OVL), the foreign arm of government-owned Oil and Natural Gas Corporation (ONGC), is likely to raise about $900 million through a bond issue abroad in January 2013.
To check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financial Services Secretary Vivek Joshi said on Tuesday. Emerging from a meeting to discuss issues related to financial cyber security and increasing digital payment fraud, Joshi, who chaired the meeting, said banks have been asked to strengthen the system and processes in this regard. More such meetings would take place, he said, adding the next meeting is scheduled in January.
The Sensex moved higher after opening with a gain of 12 points at 7,888.
Earlier on August 14, the government imposed MEP of $650 per tonne. MEP is is a benchmark price below which onion cannot be exported.
The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life Insurance Corporation of India (LIC) and private insurers, respectively. According to the data released by the Life Insurance Council, the premium of private insurers slipped 9.33 per cent Y-o-Y to Rs 10,360.29 crore from Rs 11,426.73 crore as a result of a change in product mix due to the measures taken to counter the impact of tax imposed on the premiums of Rs 5 lakh.
Eyeing growth of at least 40 per cent in loans in the current financial year, Yes Bank on Friday said it would recruit 900 people, including 500 specialists, in the next nine months to drive expansion in six key segments.
Lufthansa will start its Kolkata-Frankfurt service from December 1, 2006.
The mesmerizing march included elite marching contingents, missiles, warplanes, surveillance gadgets and lethal weapon systems, with French President Emmanuel Macron gracing the occasion as the chief guest.
Shah Rukh will singlehandedly contribute Rs 1,400 crore (Rs 14 billion) at the box office.
This is the spectrum held by incumbent GSM operators whose licences are coming up for renewal in November 2014
It has been a week since 41 labourers got trapped inside an under-construction tunnel at Silkyara in Uttarakhand's Uttarkashi district after parts of the structure collapsed following a landslide last Sunday.
While gold added Rs 310 to hit the record level, silver rose by Rs 800 to Rs 62,000 per kilogram.
"They told me to run. I tried to start the car and failed, while my friend tried to perform CPR on his partner," he recalled.
The United Nation's International Court of Justice ruled on Monday that Cambodia should have sovereignty over the disputed land around the 900-year-old Preah Vihear temple bordering Thailand.
The lowest price of the India-South Africa tickets is of Rs 900 which are being sold for around Rs 5000 in the black market.
After posting losses for three consecutive quarters, the global steel giant, ArcelorMittal, on Wednesday posted a net income of $900 million for the quarter ended September 30.The firm's net income of the company in the third quarter of this fiscal was, however, 76 per cent lower from the year-ago period.
Out of favour India batter Hanuma Vihari will be leading the South Zone squad in the upcoming Duleep Trophy tournament.
It was an eventful weekend for Bollywood as the box office saw a different kind of trend, as compared to the traditional ways when collections keep going up from Friday to Sunday.
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