As many as 19 firms, including Reliance Industries Ltd (RIL), Adani Group and Tata have evinced interest for setting up solar manufacturing units under a production linked incentive scheme of the government. In April this year, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore.
'People will say a lot of things -- ignore the noise.'
While Amazon is expected to approach either Mumbai or Delhi high court to enforce the interim order of SIAC, the Future Group, too, is likely to challenge the order. Legal experts also expect the Reliance group to expedite the process for regulatory clearances in the deal.
Ignoring objections by political parties, the government on Friday introduced a bill in Lok Sabha to clear legal hurdles in appointment of former Telephone Regulatory Authority of India Chairman Nripendra Misra who joined as principal secretary to Prime Minister Narendra Modi more than a month back.
Digital India was the flavour of the PM's recent Silicon Valley visit.
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
Aviation regulators says airlines are free to fix fares.
Ajay Singh would infuse Rs 1,500 cr in SpiceJet.
Civil Aviation Ministry has a few ready answers at hand.
The deal, involving Abu Dhabi carrier Etihad's purchase of 24 per cent stake in Naresh Goyal-led Jet Airways, was approved last month by the Competition Commission of India.
Veteran sports administrator Narinder Batra quit his positions as International Hockey Federation president and also gave up IOC membership, hours after CBI conducted multiple raids at his residence and offices in New Delhi and Jammu.
The Bharatiya Janata Party's bypoll win in four of the six seats it contested has invigorated the party ahead of assembly polls in Gujarat and Himachal Pradesh.
Xi Jinping is winning the war without firing a shot in Sri Lanka, observes Colonel R Hariharan (retd).
In a major relief to Indian information technology (IT) companies operating in Australia, Canberra has agreed to amend its domestic laws to stop taxing offshore income of such Indian companies, as part of the free trade deal inked. This may lead to savings up to $200 million each year for over 100 Indian IT companies operating in Australia. "The Government of Australia has agreed to amend the domestic taxation law to stop the taxation of offshore income of Indian firms providing technical services to Australia. "This will resolve the issue that the Indian government has raised about the double taxation avoidance agreement (DTAA) between the two governments for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income," said a commerce ministry official.
The other three airlines that have been probed in this matter are SpiceJet, GoAir and Air India
Social media giant accused of anti-competitive conduct by abusing its market power to create a monopoly and crushing smaller competitors.
Some Manchester United fans had previously urged Musk on Twitter to consider buying the club
Manchester United is one of the most famous names in world soccer but is currently in crisis
WhatsApp and Facebook had challenged the CCI's March 24 order directing a probe into the new privacy policy.
'We look forward to seeing them show off their knowledge and hard work as they square off against the dictionary on the national stage.'
Reason for rejection hasn't been stated; deal among seven rejected transactions.
US WNBA All-Star Griner's detention in Russia extended
The survey comes amid growing calls on the International Olympic Committee (IOC) to ease restrictions on protests with other sports organisations allowing athletes to express on-field solidarity with the Black Lives Matter movement in a time of global anti-racism demonstrations following George Floyd's death in police custody in May.
The Declaration for the Future of the Internet is in part a response to a rising trend of digital authoritarianism, including Russia's actions to block credible news sites
Before buying Marans' stake, Singh's shareholding stood at 1.85%.
Voters can be relied on to punish a party which makes reckless promises without actually implementing them, asserts Virendra Kapoor.
India's Tokyo Paralympics gold winner Pramod Bhagat was on Thursday named among six shuttlers for the Male Para Badminton Player of the Year by the sport's world body but none of his compatriots featured in the able-bodied awards' categories.
Finance Minister Nirmala Sitharaman on Tuesday proposed enhancing the funding under the PLI scheme for domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting nation. "For facilitating domestic manufacturing for the ambitious goal of 280GW of installed solar capacity by 2030, an additional allocation of Rs 19,500 crore for PLI scheme for manufacturing of high efficiency (solar) modules with priority of fully integrate manufacturing units for polysilicon to solar PV modules will be made," Sitharaman said in her Budget speech in the Lok Sabha. In April 2021, the Union Cabinet approved a Rs 4,500 crore production linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules.
The issue had come up during a presentation by the Civil Aviation Ministry.
The case may drag for a few years, experts say, as CAIT and DVM have said they will appeal against the interim relief granted to Amazon.
This is being done keeping in mind the urgency of these transactions, and it would help the ongoing insolvency cases, including the 12 accounts referred by RBI to banks.
]If Andhra Pradesh's middle class is denied salaries and pensions or, if these are delayed, it will rise against Jagan Mohan Reddy with the same fervour with which it voted him in.
The group is looking into a new role for Ranbaxy CEO and MD Arun Sawhney.
'This encourages escapism through the politics and economics of nationalism, made worse by tribalism or nativism, the package accompanied inevitably by the erosion of institutional bulwarks and therefore State capture by powerful businessmen,' notes T N Ninan.
Singh holds more than 36.15 crore shares.
In a setback to DLF, the competition Appellate Tribunal on Monday upheld the CCI order imposing Rs 630 crore penalty on the realty major for unfair business practices.
Predatory pricing petitions against Ola, Uber were filed from across cities.
Sales during the quarter under review stood at Rs 9,357 crore, up 12.42 per cent, as against Rs 8,323 crore in the corresponding period of the last fiscal
A guilty verdict could impact Google's growth in India
Pointing at regulation of environment sector as a case in point, Goyal said the sector suffered due to "over regulation as regulators are not able to justify many decisions"
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