The 14.15 km tunnel will provide all-weather connectivity to Srinagar, Kargil and Leh.
Will Empire strike back to prevent a game changing election result, asks T P Sreenivasan.
It came as a surprise to all stakeholders - competing telecom companies (telcos), most analysts and even the government's internal projections on revenues from the 5G auctions. Reliance Jio disrupted all calculations by paying a stiff Rs 40,000 crore to buy 10 MHz of spectrum in the 700-MHz band, globally considered a key band for efficient 5G service coverage, along with the default 3.5 GHz band and the ultra-high speed and low-latency millimetre band of 26 GHz band. So what made Jio pay almost 45 per cent of its total spend in this auction for the 700 MHz band - much more than what it rustled up even for the 3.5 GHz band?
The Land Acquisition Bill, passed by Parliament last month, will either make projects unviable or expensive for large infrastructure or real estate projects.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
The Air Force Day is celebrated to mark the day the IAF was established in 1932. The force will celebrate its 88th anniversary this year with the annual parade at the Hindon airbase in Ghaziabad which includes air display of various aircraft.
Star Health and Allied Insurance's Rs 7,250-crore initial public offering (IPO), the third largest this year and eighth largest ever, just about managed to make it despite a poor response from investors, garnering just 79 per cent subscription, forcing the investment bankers to prune offer for sale (OFS) component. This is the second large offering after digital payments major Paytm this year to receive a lukewarm response from investors, a sign that despite the IPO frenzy investors are discerning when it comes to pricing. As Star Health didn't meet the profitability criteria, its IPO required a mandatory 75 per cent subscription from qualified institutional buyers (QIB).
While Wipro leads the pack on absolute numbers, analysts for Infosys for reporting consistent growth, revising FY22 guidance and beating TCS on revenue growth.
American refiners closed some of their production, leading to futures trade benchmarked to the West Texas Intermediate going negative.
Many small-scale start-ups are operational in this space for some years now. Larger players, too, seem to have realised the potential and are now entering into the fray, mostly through acquisitions.
Shares of HCL Tech hit a fresh record high of Rs 1,118.55 on Friday, up 2 per cent on the BSE in intra-day trade, surpassing its previous high of Rs 1,101 touched on Thursday in intra-day deals.
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
A third batch of three more Rafale fighter jets on Wednesday landed in India from France after a non-stop flight, in a further boost to the strike capability of the Indian Air Force.
Seven of Bollywood's big stars (Akshay Kumar, Ranveer Singh, Ajay Devgn, Varun Dhawan, Saif Ali Khan, John Abraham and Shahid Kapoor), who had 10 movies released with a collective budget of Rs 1,100 crore since December, could rustle up only around a third of that money at the box office.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
'We will be hoisting the tiranga, but this kind of celebration is uncalled for when the farmers in this country are dying by suicides, their families are ravaged by poverty and farmers are not enjoying any freedom.'
During the meeting with Finance Minister Nirmala Sitharaman, the auto industry broadly presented factors such as issues regarding availability and affordability of financing, increasing cost of acquisition of vehicles and change in axle load capacity for commercial vehicles that have hurt demand.
'What the price will reveal, since the India specific capabilities haven't changed since 2013, is how much the Modi government padded up the cost,' points out Mohan Guruswamy.
The missile will allow combat pilots to engage ground targets from a standoff range of up to 60 km.
HCL Technologies is betting big on next-generation services and products that are likely to contribute 40 per cent of its revenues in 2-3 years.
The 101 Squadron is the second IAF squadron to be equipped with the Rafale fighter jets. In September last year, the Rafale aircraft were inducted into the 17 'Golden Arrows' Squadron.
The utility helicopters will be used in attack missions as well as for search and rescue and surveillance operations.
Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.
The pandemic has confined students across all ages to home and digital education is the only way to continue learning.
Besides the dairy business, the transaction also involves sale of 100 per cent shareholding in Sunfresh Agro Industries, a step-downsubsidiary of Prabhat, via a share purchase agreement, the company said.
It is, thus, logical that some compensation is paid to a lender, especially when a customer is poached within two years, Parekh noted.
The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,197 crore a year ago, a regulatory filing said. Infosys' revenue grew 22.9 per cent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added.
Is yet to decide about the partnership or acquisition route
EPF allows partial withdrawal to meet situations like house construction, medical emergency, and so on.
'India is still a small market but whatever we do, we do it with full focus.'
'Should we shortchange our investors by exiting early?'
Critics who cannot stop gloating, pronouncing Modi to be a lame-duck prime minister, may be making a huge mistake, predicts Virendra Kapoor.
2022 is shaping up as the year brimming with job opportunities for people who possess relevant skillsets. Therefore, it is crucial for fresh graduates and young professionals to enroll in relevant certification courses to add more feathers to their introductory portfolio
Pragmatism and flexibility is a virtue. An untethered and short-term approach to policymaking is a flaw, argues Mihir S Sharma.
Why is the government ignoring the advice of its own Economic Survey?
It should stop what it is deliberately doing to the NGO sector and let it operate as freely as the rest of the private sector, asserts Aakar Patel.
There is talk of a fresh approach to a new labour code as well as reforming land acquisition laws in such a way as to be politically.
This is the fourth of the six submarines the Indian Navy is to induct under the Kalvari-class submarine Project-75.
Cooperative societies get more tax benefits as compared to individual house owners.
The cost overruns were because of rise in prices of construction materials, delay in land acquisition, utility shifting and obtaining clearances from forest/environment, he said during Question Hour. Poor performance of some contractors and law and order problems in some states were some other reasons.
