NHAI Repairs Leaking Flyover on Mumbai-Agra Highway
NHAI has started repair work on the Mumbai-Agra Highway flyover to fix leakages causing hazardous conditions for motorists, especially two-wheeler riders, ahead of the monsoon season.
Category : Business
TN to Recruit 15,000 Personnel for Power Companies
Tamil Nadu's electricity minister announced recruitment of 15,000 personnel for power distribution and generation companies, citing corruption-free governance and transparent promotions.
VDA to Develop Three Townships Including Sports City in Varanasi
The Varanasi Development Authority is launching three integrated townships, including a Sports City near the new cricket stadium, with Rs 400 crore seed capital from the state government.
Maharashtra Fertiliser Crackdown Exposes Black Marketing
A major enforcement drive in Maharashtra uncovered widespread black marketing, hoarding, and diversion of fertilisers ahead of the kharif sowing season, with over 1,600 inspections and 34 FIRs registered.
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Nafed Entry Drives Onion Prices Up 10% at Lasalgaon APMC
Onion wholesale prices at Lasalgaon APMC rose 10% to Rs1,650 per quintal as Nafed's entry spurred competition, though procurement remained low due to better trader rates.
Consumer Commission Orders NICL to Settle Claim Over License Issue
Uttarakhand consumer commission directs National Insurance Company to pay Rs 2.38 lakh to Sher Singh Kholia, whose claim was rejected due to a discrepancy in driving license validity.
CBI Files 11th Chargesheet Against Ninex Developers in Fraud Case
The CBI filed its 11th chargesheet against Gurgaon-based Ninex Developers and a director for allegedly cheating homebuyers, as part of a SC-mandated nationwide probe into real estate fraud.
VSP Accident: 8 Dead, 6 Critically Injured
Confusion prevailed for hours over the industrial accident at Visakhapatnam Steel Plant on Monday, with officials later confirming eight deaths and six critical injuries. Workers blame poor maintenance.
India's Coal Sector Supports 30 Lakh Jobs: G Kishan Reddy
Union Minister G Kishan Reddy announced that India's coal sector directly employs 5 lakh and indirectly 25 lakh people, with the mining sector employing 50 lakh. Coal India is the world's largest coal producer.
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RBI Launches Twin USD-INR Forex Swap Facilities
The RBI introduces two special USD-INR forex swap facilities for FCNR(B) deposits and ECBs/OFCBs to attract foreign currency inflows and support external financing.
India's Pharma Industry to Double in Five Years: Goyal
Commerce Minister Piyush Goyal says India's USD 60 billion pharma industry will double in five years, citing trust, innovation, and partnership as key pillars.
Visakhapatnam Steel Plant: A History of Molten Metal Accidents
A series of molten metal accidents at Visakhapatnam Steel Plant, including a recent fatal incident killing eight, highlights ongoing safety hazards.
Govt Cuts Subsidised LPG Cylinders for Ujjwala Beneficiaries
The government has reduced the number of subsidised LPG cylinders for Ujjwala scheme beneficiaries from 12 to 10 per year. This move aims to rationalise subsidies and target the most needy.
Viyash Scientific buys Italian pet care firm BioForLife for Rs 188 cr
Hyderabad-based Viyash Scientific Ltd acquires 100% stake in Italian pet care company BioForLife Italia Srl for Rs 188 crore, marking its entry into Italy's animal health market.
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Immuneel Therapeutics Bags Rs 100 Crore Series B Funding
Bengaluru-based Immuneel Therapeutics raises over Rs 100 crore in Series B funding from Singularity AMC, Rainmatter by Zerodha, and HNIs.
Railways Sanctions Rs 162.57 Cr for Bengaluru-Tumkur Traction Upgrade
Indian Railways has approved Rs 162.57 crore to upgrade the Bengaluru-Tumkur electric traction system to 2x25 kV, enhancing power supply and traffic capacity.
Rs 162.57 Cr Sanctioned for Bengaluru-Tumkur Railway Upgrade
Indian Railways has sanctioned Rs 162.57 crore to upgrade the electric traction system on the Bengaluru-Tumkur section to 2x25 kV, enhancing power supply and traffic capacity.
Infosys CFO Joins Cars24 Board as Independent Director
Infosys CFO Jayesh Sanghrajka has been appointed as an independent director on Cars24's board. He served on the audit committee for four years.
Govt divests up to 3% in NLC India at Rs 303/share
The government will sell up to 3% stake in NLC India through an OFS at Rs 303 per share, a 9.73% discount to Monday's close. Retail investors can bid on June 10.
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Rupee Falls 43 Paise to Close at 95.61 Against USD
The Indian rupee fell 43 paise to close at 95.61 against the US dollar on Monday, driven by risk aversion in global markets and reversing previous gains.
Bus Fails to Drop Woman at Stop: Rs 15,000 Compensation
Chennai consumer commission orders Sri Meenakshi Travels to pay Rs 15,000 for deficiency in service after failing to drop a woman at her designated stop, causing mental agony.
Sigma Systems Wins $21.97M Export Order for Shell Bodies
Hyderabad-based Sigma Advanced Systems bags $21.97 million export contract to supply 40,000 units of 155 mm M107 artillery shell bodies to a North American customer, boosting India's defence manufacturing.
House Prices May Rise 10% as Material Costs Surge
Construction material costs have surged over 23%, driven by West Asian conflict and quarry closures. A ₹1 crore house may become 10% costlier, impacting homebuyers and builders.
Chhattisgarh Investor Connect in Hyderabad on June 12
Chhattisgarh government will hold an 'Investor Connect' program in Hyderabad on June 12, in partnership with CII, to attract investments from Telangana and South India.
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Rupee falls 43 paise to 95.61 vs US dollar on oil surge
The Indian rupee declined 43 paise to close at 95.61 against the US dollar on Monday, pressured by rising crude oil prices and geopolitical tensions in the Middle East.
Power Outages Persist in Mumbai Amid Rising Demand and Cable Faults
Mumbai faces persistent power outages in Worli and Tardeo due to cable faults and rising demand, with BEST urging consumers to update load declarations.
Hungary MPs' salaries cut by 40% as parliament approves reform
Hungary's parliament unanimously approved a 40% cut in lawmakers' salaries, fulfilling PM Peter Magyar's pledge to curb spending and restore public finances. The cuts also apply to the prime minister and committee members.
Himachal Tourism Ends Discounts for Top Officials
HPTDC withdraws special privileges including rooms at Rs 100/day and 50% food discount for chairmen, vice-chairmen, MD, and board members as part of cost-cutting measures.
Gold Manufacturer Arrested for Rs 3.8 Crore Fraud
Mumbai crime branch arrested Abulhasan Sheikh from West Bengal for allegedly cheating multiple jewellers of over 2.8 kg of gold worth nearly Rs 3.8 crore.
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UP GIS 2023 Investments Begin Ground Implementation
Three years after UP's GIS 2023, Rs 40 lakh crore investments are moving from MoUs to operational projects in defence, electronics, data centres, and food processing.
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