New Delhi: The Enforcement Directorate (ED) on Friday carried out searches against former ICICI bank CEO Chanda Kochhar and Videocon promoter Venugopal Dhoot in connection with a bank loan fraud case, officials said. They said the raids are being carried out in at least five office and residential premises in Mumbai and a few other […]
Category: Deccan Chronicle
Deccan Chronicle
Major revamp of Mavoor Road crematorium soon
Kozhikode: The Mavoor Road Crematorium in Kozhikode North assembly constituency is readying for a significant revamp. It has received Rs 4.5 crore for the facelift primarily focusing on more infrastructural facilities. All the necessary permissions are in place, and the money comes from the Local Area Development Fund of the legislator A. Pradeep Kumar.
IWAI, IOC sign MoU on fuel needs for waterways
New Delhi: Inland Waterways Authority of India (IWAI) and Indian Oil Corporation Limited (IOCL) signed a memorandum of understanding (MoU) on Tuesday to jointly develop infrastructure for meeting fuel, lubricating oil, LPG and natural gas requirements of national waterways. The MoU will provide for an understanding over general modalities of mutual cooperation leading to addressing […]
Union Cabinet set to clear Rs 10,000 crore electric vehicle scheme
New Delhi: The much-awaited faster adoption and manufacturing of (hybrid) electric vehicles (FAME) II scheme may be soon a reality, as the Union Cabinet is likely to clear a Rs 10,000-crore plan on this respect Thursday. According to a top official source, the much-delayed FAME-II will be for a period of three years instead of […]
India may impose anti-dumping duty on a certain type of sheet used in solar cell
New Delhi: India may impose anti-dumping duty on a certain type of sheet used in solar cell making from China, Malaysia, Saudi Arabia and Thailand for five years in order to safeguard domestic players from cheap imports from these countries. The commerce ministry’s dumping investigation arm Directorate General of Trade Remedies (DGTR) has recommended the […]
BHEL pays 40 per cent interim dividend for fiscal 2018-19
New Delhi: Engineering major Bharat Heavy Electricals Limited (BHEL) has paid an interim dividend of 40 per cent for fiscal 2018-19. In value terms, this dividend paid amounts to Rs 279 crore. It is the highest total dividend in a single year during the past five years.
GMR Airports as highest bidder for greenfield airport in Andhra Pradesh
Bhogapuram: GMR Airports Limited (GAL) has emerged as the highest bidder for development, operations and management of a greenfield international airport at Bhogapuram in Andhra Pradesh on a public-private partnership basis. The initial investment for phase one is estimated at Rs 2,300 crore, GAL’s parent company GMR Infrastructure informed stock exchanges on Wednesday. The initial […]
Land owners to back out of offer
Thiruvananthapuram: With the Airport Authority of India (AAI) deciding to hand over the operations of the Thiruvananthapuram international airport to Adani, the owners of the 18 acres of land to be acquired for the airport have decided to back out of their offer to surrender the land following apprehensions over leasing the airport to a […]
Passenger airlines with cameras built into seats cause privacy uproar
You might have travelled to some airlines which offer in-flight entertainment systems to help you kill time. But did you observe that many of these systems come with built-in cameras? In-flight entertainment systems with cameras were noticed by passengers of American Airlines and Singapore Airlines, who tweeted about the presence, sparking privacy concerns.
Indonesia asks India to cut palm oil tariffs in exchange for sugar imports
Jakarta: Indonesia has asked India to cut its tariff on refined palm oil to 45 percent, matching the levy faced by rival producer Malaysia, and has offered market access for Indian sugar in exchange, the trade ministry said on Saturday. Trade Minister Enggartiasto Lukita made the request during a meeting with Suresh Prabhu, India’s minister […]
Singapore Airlines to expand India ops
Bengaluru: Singapore Airlines is planning to significantly increase its capacity for India. The airlines is hopeful of doubling its flight services from Bangalore soon by introducing 10 weekly flights. The airline has already increased the capacity from Delhi by 10 per cent while Mumbai, which has been the top 20 route for the airline, will […]
PNGRB rejects HPCL review petition on ATF pipeline
New Delhi: Oil regulator PNGRB has rejected HPCL’s objections to consultations it had initiated to break stranglehold of PSUs on lucrative pipeline supplying jet fuel to Mumbai airport, saying the refiner will get a formal opportunity to make its case against the move. In a February 21 order, the Petroleum and Natural Gas Regulatory Board […]