News for 'maharashtra infrastructure'

COVID-19 cases in India climb to 3,43,091; death toll 9,900

COVID-19 cases in India climb to 3,43,091; death toll 9,900

Rediff.com16 Jun 2020

Around 52.46 per cent of the patients have recovered, the health ministry said. The number of active cases stood at 1,53,178 while 1,80,012 patients have recovered, it said in the daily COVID-19 update.

India's COVID-19 Crisis May Get Worse

India's COVID-19 Crisis May Get Worse

Rediff.com15 Jun 2020

'As people have moved from cities to small towns and villages, they have carried the infection into new territories.' 'Poor healthcare infrastructure in these places should be a big worry in the days to come.'

'We are hoping for the best, but we are prepared for the worst'

'We are hoping for the best, but we are prepared for the worst'

Rediff.com1 Apr 2020

'As of this moment, we have 1,173 ventilators, 2,695 ICUs and about 10,408 plus isolation beds.' 'But this number keeps changing with every passing hour as we incorporate more private as well as government hospitals in our fight against the pandemic.'

FDI: A tale of lofty promises and little else

FDI: A tale of lofty promises and little else

Rediff.com13 Jul 2018

From real estate behemoths to infrastructure majors, from mobile device manufacturers to heavy engineering companies, they all made commitments to the tune of billions of dollars. Unfortunately, the reality has fallen far short.

High Covid toll sounds death knell for cement industry

High Covid toll sounds death knell for cement industry

Rediff.com15 Jun 2021

With the increased death rate in the ongoing second wave of Covid-19, domestic cement companies are in no better condition than they were in the April-June quarter of FY21 when the country faced nationwide lockdown. "This wave has had high death rate which has impacted the business. "We are in no better situation than last (year) April. "Deaths of drivers, dealers, contractors and also employees have hit the industry really very hard since April (FY22)," M Ravinder Reddy, director of Bharathi Cements said.

Fadnavis promises to improve Mumbai's rail service

Fadnavis promises to improve Mumbai's rail service

Rediff.com6 Jan 2015

The CM said aggressive investment is the need of the hour

'We are learning from every patient who dies'

'We are learning from every patient who dies'

Rediff.com19 Aug 2020

'We are learning from every patient who is admitted, treated and discharged.'

HDIL says enough assets to cover loans from PMC Bank

HDIL says enough assets to cover loans from PMC Bank

Rediff.com1 Oct 2019

Crisis-hit HDIL on Tuesday said that loans taken from banks including Punjab and Maharashtra Cooperative Bank were in normal course of business after providing adequate security cover and that it is ready to discuss with the bank to protect the interest of depositors.

SC forms 12-member national task force for Covid response

SC forms 12-member national task force for Covid response

Rediff.com8 May 2021

The bench said the Union Cabinet Secretary will be the convenor of the task force and may nominate an officer not below the rank of Additional Secretary to depute for him, when necessary.

Fight against 2nd wave continues, don't lower guard: Modi

Fight against 2nd wave continues, don't lower guard: Modi

Rediff.com7 Jun 2021

With several states taking steps towards unlocking and easing of restrictions amid a decline in COVID-19 cases, Prime Minister Narendra Modi on Monday cautioned people against any laxity and asserted that COVID-appropriate protocol is the 'most effective weapon' against an unseen adversary like coronavirus that keeps changing its form.

PMC case: Wadhawan's UK, UAE properties to be attached

PMC case: Wadhawan's UK, UAE properties to be attached

Rediff.com11 Oct 2019

ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.

Hetero's generic version of remdesivir to be sold @ Rs 5,400/vial

Hetero's generic version of remdesivir to be sold @ Rs 5,400/vial

Rediff.com24 Jun 2020

The company is set to deliver the first set of 20,000 vials in two equal lots of 10,000 each, one of which will be immediately supplied to Hyderabad, Delhi, Gujarat, Tamil Nadu, Mumbai and other parts of Maharashtra, Hetero Healthcare said in a statement.

States rope in pvt hospitals to fight coronavirus

States rope in pvt hospitals to fight coronavirus

Rediff.com4 Apr 2020

In the past one week alone, Rajasthan, Madhya Pradesh, Chhattisgarh, and Andhra Pradesh have issued orders to take over private hospitals in some districts. Sohini Das, Vinay Umarji and Gireesh Babu report.

'Horrendous, pathetic': SC on Delhi's handling of COVID-19 situation

'Horrendous, pathetic': SC on Delhi's handling of COVID-19 situation

Rediff.com12 Jun 2020

The top court also directed chief secretaries of the NCT, Maharashtra, Tamil Nadu, West Bengal and Gujarat to take 'remedial action' ensuring proper management of patients at hospitals.

47% Covid victims in India aged below 60 years: Govt

47% Covid victims in India aged below 60 years: Govt

Rediff.com13 Oct 2020

"Also, 35 per cent deaths were recorded in the age group of 45-60 years, 10 per cent in the age group of 26-44 years and one per cent each in the age group of 18-25 years and below 17 years," the health secy said.

Four states report 14 new Omicron cases, India tally rises to 87

Four states report 14 new Omicron cases, India tally rises to 87

Rediff.com16 Dec 2021

While Karnataka reported five new cases, Delhi and Telangana reported four each, and Gujarat reported one fresh case of the Omicron variant.

Govt allocates Rs 2826.92 cr to sports budget

Govt allocates Rs 2826.92 cr to sports budget

Rediff.com1 Feb 2020

The government on Saturday allocated Rs 2826.92 crore to the sports budget for the next financial year, which is up by a mere Rs 50 crore from the revised estimates of 2019-20. The government gave a substantial hike of Rs 291.42 crore to its flagship Khelo India programme for development of sports at the grassroot and youth level, which meant that most of the other heads got reduced allocation in an Olympic year.

'Farmers' movement is not only alive, but is kicking'

'Farmers' movement is not only alive, but is kicking'

Rediff.com11 Mar 2021

'This government will end after five years, but farmers will not end after five years.' 'This is the source of our confidence.'

Ambani brothers seek faster approval for stalled projects

Ambani brothers seek faster approval for stalled projects

Rediff.com7 Feb 2015

The Ambani brothers, Mukesh and Anil, came together on Thursday to raise the issue of stalled projects plaguing India Inc and implored the Maharashtra government and the Centre to make Mumbai, India's financial capital, an easier place for business and investments. "Several projects are stuck for many years in Mumbai and we would like to know how the government intends to improve the financing and execution of projects, including those relating to infrastructure and education which have been in limbo for long and are affecting the growth of the city," Reliance Industries Ltd (RIL) Chairman Mukesh Ambani told Finance Minister Arun Jaitley. Seated on the same table was his brother, apart from Tata Group Chairman Cyrus Mistry and State Bank of India (SBI) Chairman Arundhati Bhattacharya. Jaitley was addressing the Mumbai Next MMR Transformation conclave, organised by the Maharashtra government and Mumbai First here, through video conference. In his reply, Jaitley said the government was exploring several options of infrastructure financing in India and that a number of international bodies were ready to fund infrastructure development projects. He added the government was keenly considering these funding sources. While praising Maharashtra Chief Minister Devendra Fadnavis for honesty, Jaitley also had a word of advice. Apart from being honest, the government had to be decisive, he said. On his part, Reliance Group Chairman Anil Ambani told the chief minister about his experience of decisions being delayed due to an indecisive bureaucracy and the need to protect officials who wanted to take quick decisions. "Through the past many years, we have faced a number of obstacles in decision-making," he said, adding he was speaking as someone who had lived and invested in Mumbai. Fadnavis responded by saying he would bring about a transparent process to ring-fence officials. Both the Ambani brothers have announced a number of infrastructure projects in and around Mumbai, including a world-class convention centre in Bandra Kurla Complex by RIL, but very few have actually fructified. RIL's special economic zone project failed to take off due to land acquisition problems in Raigarh, while a second SEZ near Mumbai is stuck due to lack of clarity in SEZ norms. The first phase of the Mumbai Metro, set up by Anil Ambani's Reliance Infrastructure, was marred by cost overruns and run-ins with the government over fares. Subsequently, the company withdrew from the second and larger phase, citing inordinate delay. Anil Ambani also withdrew from Mumbai's sea link project on the same grounds. The brothers had also bid for a trans-harbour sea link between Navi Mumbai and Mumbai under the Congress-Nationalist Congress Party government, but their bid was rejected. Reliance Infrastructure is also the power supplier to more than half of this city. Participating in the conclave, some of India Inc's leading bankers said making Mumbai a financial hub would take at least a decade. SBI's Bhattacharya said the Indian currency should be made fully convertible and facilities should be created for it. "However, for this, the economy needs to look up and that will happen only in the next 7-10 years, not immediately," she added. Sunil Kaushal, Chief Executive Officer of Standard Chartered, India, pitched for strong infrastructure to support development. "We will take a long time to develop into a global financial centre. We need to solve transport bottlenecks in Mumbai and have lifestyle facilities for people working in and around these areas," he said.

'Will have to go aggressive; can still suspend public transport'

'Will have to go aggressive; can still suspend public transport'

Rediff.com18 Mar 2020

Maharashtra Health Minister Rajesh Tope warns that the state government will go aggressive if appeals to reduce social distancing are not adhered to.

If these 10 states beat Covid, India can win: PM to CMs

If these 10 states beat Covid, India can win: PM to CMs

Rediff.com11 Aug 2020

At a video conference with chief ministers and representatives of these 10 states, including Bihar, Uttar Pradesh, Punjab, Andhra Pradesh, Maharashtra and Tamil Nadu, Modi said the recovery rate has gone up which, he added, meant that government efforts have proved to be effective.

India must order 1.7 billion vaccines

India must order 1.7 billion vaccines

Rediff.com23 Apr 2021

Winning against Covid means thinking ahead, at least six months, putting in place the likely scenarios of what might happen, and then planning. Planning is the role of the government. Having planned, it should communicate what and why. Then, get out of the way, recommends Naushad Forbes.

'We underestimated the virus'

'We underestimated the virus'

Rediff.com18 May 2021

'By the time actual action began, it was already too late.' 'The virus was raging.'

National Games postponed indefinitely due to coronavirus

National Games postponed indefinitely due to coronavirus

Rediff.com28 May 2020

The much-delayed 36th National Games, scheduled for October-November in Goa, was on Thursday postponed indefinitely due to the coronavirus pandemic. The Indian Olympic Association (IOA) recently asked the Goa government that it must host the National Games as scheduled from October 20 to November 4 this year.

As airlines spread wings, regional connectivity gets a boost

As airlines spread wings, regional connectivity gets a boost

Rediff.com15 Jan 2021

While the number of operational airports in the country will rise to 131, other smaller towns too are seeing a surge in connectivity.

'If we don't use our name to help now, then when?'

'If we don't use our name to help now, then when?'

Rediff.com1 May 2021

'Now is the time for politicians to stop thinking of their own interests, for companies to stop making money out of vaccines, and become one country fighting the virus.'

Branson to meet Thackeray over Mumbai-Pune Hyperloop project

Branson to meet Thackeray over Mumbai-Pune Hyperloop project

Rediff.com11 Dec 2019

British billionaire Richard Branson on Wednesday said he will meet Maharashtra Chief Minister Uddhav Thackeray to clear "misunderstandings" and gauge the new administrations interest in the $10 billion Mumbai-Pune Hyperloop project.

How can economy tackle the second wave?

How can economy tackle the second wave?

Rediff.com17 May 2021

'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.

As major ports get autonomy, minister says no privatisation

As major ports get autonomy, minister says no privatisation

Rediff.com10 Feb 2021

The Major Ports Authority Bill, 2020 was passed through ballot votes in the Rajya Sabha on Wednesday with 84 votes in its favour and 44 against it. The Lok Sabha had passed the bill on September 23 last year.

Oil, rupee, Q4 earnings to drive markets this week

Oil, rupee, Q4 earnings to drive markets this week

Rediff.com28 Apr 2019

Share markets will have only three trading days this week with Monday and Wednesday being holidays due to general elections in Mumbai and Maharashtra Day, respectively.

PM transfers Rs 19,500 cr to nearly 10 cr farmers under PM-KISAN

PM transfers Rs 19,500 cr to nearly 10 cr farmers under PM-KISAN

Rediff.com9 Aug 2021

Under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the Centre provides an annual financial benefit of Rs 6,000 to eligible beneficiary farmers in three equal four-monthly installments of Rs 2,000 each.

Jio, Microsoft team up for digital transformation

Jio, Microsoft team up for digital transformation

Rediff.com12 Aug 2019

The alliance combines capabilities of both the companies to offer a set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications required by Indian businesses, and will span the broad Reliance Industries ecosystem, including its existing and new businesses.

Anti-Covid drug developed by DRDO cleared for emergency use

Anti-Covid drug developed by DRDO cleared for emergency use

Rediff.com8 May 2021

It said clinical trials of the drug 2-deoxy-D-glucose (2-DG) showed that it helps in faster recovery of hospitalised patients and reduces supplemental oxygen dependence.

India sees 22,752 new COVID-19 cases, 482 deaths in one day

India sees 22,752 new COVID-19 cases, 482 deaths in one day

Rediff.com8 Jul 2020

The death toll climbed to 20,642, the updated data at 8 am showed. Amid surging cases, the health ministry said it has roped in specialist doctors from the AIIMS here to provide expert guidance and knowledge support on COVID-19 to doctors manning ICUs in state hospitals, in an effort to reduce the fatality rate.

Sena to lead 3-party alliance govt, says NCP

Sena to lead 3-party alliance govt, says NCP

Rediff.com15 Nov 2019

They have already prepared a draft common minimum programme (CMP).

Hospitals have become like huge real estate industries: SC

Hospitals have become like huge real estate industries: SC

Rediff.com19 Jul 2021

The apex court also pulled up the Gujarat government for extending the deadline till July next year for hospitals to rectify the building by-laws violations, and said the "carte blanche" notification was in teeth of its order of December 18 last year and people will continue to die in fire incidents.

'Only if you have enough vaccines can you vaccinate everybody'

'Only if you have enough vaccines can you vaccinate everybody'

Rediff.com9 Apr 2021

'There are only two bottlenecks for universal vaccination.' 'One, is availability of the vaccine.' 'Two, is the logistics for administering the vaccine.'

Centre likely to extend lockdown with more relaxations

Centre likely to extend lockdown with more relaxations

Rediff.com12 May 2020

During his interaction with the chief ministers, Prime Minister Narendra Modi assured that more economic activities would resume; he also said that zone identification may be left to the states.

PMC shows it's time for relook at urban coop banks

PMC shows it's time for relook at urban coop banks

Rediff.com10 Oct 2019

In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.