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Lok Sabha passes bill to amend general insurance law without debate

GENERAL NEWS /

A bill to amend the general insurance law to allow the government to pare its stake in state-owned insurers was passed on Monday by Lok Sabha without a debate amid continuing protests by opposition parties on the Pegasus snooping and other issues. The General Insurance Business (Nationalisation) Amendment Bill, 2021 is aimed at generating required […]

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Kia India July Sales: Kia India reports 76% increase in sales at 15016 units in July

GENERAL NEWS /

Automaker Kia India on Monday said its sales increased by 76 per cent to 15,016 units in last month as compared with 8,502 units in July 2020. The company dispatched 7,675 units of Sonet, 6,983 units of Seltos, and 358 units of Carnival last month to dealers. The brand also crossed the one lakh sales

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Tata Power to build novel 3-circuit high-tension transmission tower at Mumbai Metro site

GENERAL NEWS /

on Monday said its project team has designed and proposed to build a novel 3-circuit high-tension transmission tower at a Mumbai Metro construction site. Carrying 220 kV power lines overhead, the tower will facilitate clearance of obstructing transmission lines over the Mumbai Metro rail network between Amar Mahal, Ghatkopar and Vikhroli, a company statement said.

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Philips to invest Rs 300 crore, hire 1,500 people in India, says global CEO Frans Van Houten

GENERAL NEWS /

Health technology and consumer durables company Philips plans to invest more than Rs 300 crore and hire 1,500 people in India over the next one or two years, its global CEO Frans Van Houten told ET’s Teena Thacker in an interview. Edited excerpts: What kind of impact did Philips see on its business during the

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How Tata Motors wins the EV game in spite of Mahindra’s decade-old head start: Interesting Article

GENERAL NEWS /

A decade is a long time for a business cycle. It marks a period when strategies either work or get overtaken. Today as India’s electric vehicle (EV) industry stands at crossroads, it is no secret that in two years has overtaken the decade-long head start advantage its rival Mahindra had. Tata Motors is building a

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1101 hospitals in Gujarat do not have valid fire safety certificates: Govt tells SC

GENERAL NEWS /

As many as 1,101 hospitals in Gujarat still do not possess any valid fire safety certificates issued under the Gujarat Fire Prevention and Life Safety Measures Act, as per the affidavit submitted by the state government in the Supreme Court recently. The apex court is hearing a suo motu PIL (Public Interest Litigation) on the

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India-Bangladesh launch new rail link to push cross-border trade

GENERAL NEWS /

India and Bangladesh on Sunday launched regular operation of freight trains through the Haldibari – Chilahati Rail Route. Indian Railways dispatched the first freight train loaded with stones from Damdim Station of Northeast Frontier Railway to Bangladesh. After the partition in 1947, 7 rail links were operational between India and the then East Pakistan (up

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House prices may increase in the coming times due to increase in the prices of steel cement cost will increase CREDAI

GENERAL NEWS /

रियल एस्टेट डेवलपरों की शीर्ष संस्था क्रेडाई ने बृहस्पतिवार को कहा कि स्टील और सीमेंट के दामों में तेज वृद्धि के कारण निर्माण लागत में 10-20 फीसद की वृद्धि हुई है। इस स्थिति के चलते मध्यम से लंबी अवधि में आवास की कीमतों में बढ़ोतरी की संभावना है।   क्रेडाई के चेयरमेन सतीश मगर ने वर्चुअल

House prices may increase in the coming times due to increase in the prices of steel cement cost will increase CREDAI Read More »

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