The share of foreign companies in private sector investments, directed towards building new factories and other facilities, has declined over the past six months. A mix of large domestic announcements and relatively lower growth in foreign capital expenditure (capex) plans have played a role, although foreign investments remain near record levels. The share of foreign companies in the overall private sector investments over the four quarters ended June 2023 has dipped to 14.9 per cent, as shown by a Business Standard analysis of data from the project tracker Centre for Monitoring Indian Economy.
Union officials said with increasing possibility of further extension of the coronavirus-induced lockdown, several auto and taxi drivers are going to their native places in their black and yellow coloured auto rickshaws and taxis.
Too sexy for the ramp, Karishma Tanna walked the Bombay Times Fashion Week runway in an all-black look.
Bombay Taximen Union Secretary A L Quadros alleged that Tuesday's strike is a "government-sponsored" strike called by a non-government organisation Swabhiman run by state Revenue Minister Narayan Rane's son Nitesh.
The Maharashtra government has agreed to raise basic taxi fares in Mumbai by Rs 2 from the existing Rs 14.
IMD expects day temperatures to remain above-normal in select regions across the country between March and May 2021.
Taxi union leader A L Quadros has an arrogant smile on his face, as the much-touted meter jam agitation turned out to be a damp squib according to him.
The situation in Mumbai, paralysed by the motormen's strike, just got worse as 40 per cent of the city taxis stayed off the roads on Tuesday. In addition nearly 1,700 drivers of the privately-run Meru Cabs also went on strike to demand better wages.
According to Bombay Taximen Union President A L Quadros, as part of modernisation procedure, the Mumbai International Airport Ltd wanted the taximen to move to a new plot near the Sahar police station, but are not giving written assurances as to whether it is a permanent or temporary arrangement.
The strike is expected to be observed in key cities like Mumbai, New Delhi, Bengaluru, Hyderabad, Pune among other cities.
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
Rao was diagnosed with pancreatic cancer in 2014.
Commuters in Mumbai faced a harrowing time as auto-rickshaws and taxis drivers attached with 'Swabhiman Union' began a day-long strike in the metro city on Monday morning to press for their demands.
Following an assurance from the state government that their grievances would be looked into, the strike -- which was to begin on Tuesday -- has been pushed back.
The IAF is also in the process of finalising a Rs 8,000-crore comprehensive security proposal for its 54 main flying bases in the country.
The opposition has been critical of the Centre's handling of the situation, accusing it of not doing enough to ease the hardships of the migrant workers, many of whom have lost their jobs during the lockdown which started on March 25.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
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