L&T wins Rs.894 crore contract for ONGC offshore project

Mumbai, Dec 29 (IANS) Engineering and construction conglomerate Larsen & Toubro (L&T) Monday said it has won an offshore contract worth Rs.894 crore from state-run Oil & Natural Gas Corporation (ONGC) for additional development of the Vasai East project. L&T Hydrocarbon Engineering (LTHE) has bagged the complete turnkey contract from ONGC to improve the recovery […]

Cabinet nod to making IFCI government firm with fund infusion

New Delhi, Dec 29 (IANS) The union cabinet Monday approved infusion of Rs.60 crore in Industrial Finance Corporation of India (IFCI) Ltd. to make it a government company by way of acquisition of preference shares from existing share holders, an official statement said. “The union cabinet chaired by Prime Minister Narendra Modi today approved the […]

Four bodies found near burning ferry in Greece, 407 rescued

Athens, Dec 29 (IANS) Four bodies were found Monday by rescuers in the waters off Corfu island near the Italian ferry Norman Atlantic which has been adrift since early Sunday after it caught fire, Greek Shipping Minister Militiadis Varvitsiotis said. In statements made in parliament in Athens on the sidelines of a vote for the […]

Viom Networks plans African expansion; plans to raise Rs.1,500 crore

Viom Networks plans African expansion; plans to raise Rs.1,500 crore

Kolkata, Dec 29 (IANS) Telecommunications infrastructure major Viom Networks, an over Rs.20,000 crore company, is considering expanding its overseas footprint by entering Africa to provide consultancy and managed services, a top official said. “We are evaluating Nigeria and Kenya in Africa. We would like to look internationally, said company vice chairman and managing director Sunil […]

Cabinet approves amendments to land takeover act

New Delhi, Dec 29 (IANS) The union cabinet Monday approved an ordinance to amend the Land Acquisition Act, adding five more areas which will be exempted from the requisites given in the act. “There is a need to strike a balance between farmers’ interest and industrial growth,” Finance Minister Arun Jaitley said at a briefing […]

Modi, Rekha named India’s hottest vegetarian celebs

Modi, Rekha named India’s hottest vegetarian celebs

New Delhi, Dec 29 (IANS) Prime Minister Narendra Modi and veteran actress Rekha have been named the hottest vegetarian celebrities by People For the Ethical Treatment of Animals (PETA). Early leaders Kangana Ranaut and Shahid Kapoor as well as Amitabh Bachchan, R. Madhavan, Jacqueline Fernandez and Hema Malini put up a real fight. But after […]

Coast guard, navy to lease AAI land for surveillance units

Coast guard, navy to lease AAI land for surveillance units

New Delhi, Dec 29 (IANS) The government Monday approved leasing of land owned by the state-run Airports Authority of India (AAI) to the coast guard and navy for establishing surveillance facilities. The cabinet which met here said that owing to the illegal activities along the coast line, surveillance facilities are being developed by the coast […]

All fine in Goa, minorities concerned elsewhere: Archbishop

Panaji, Dec 29 (IANS) Everything is fine in Goa but minorities elsewhere in India are anxious about “certain signs” which are causing “grave concern” to them, Archbishop Father Felipe Neri Ferrao said Monday. “…I say with anguish that elsewhere in India there are certain signs which are causing grave concern to the minority communities,” Ferrao […]

NIA probe can be ordered in Bengaluru blast: Rajnath Singh

NIA probe can be ordered in Bengaluru blast: Rajnath Singh

New Delhi, Dec 29 (IANS) In the wake of the low intensity blast in Bengaluru, Home Minister Rajnath Singh Monday said if required the case could be handed over to the National Investigation Agency (NIA). Rajnath Singh said that the central government is waiting for details about the incident from the state government. “Intelligence agencies […]

Sushma meets South Korean president, invites ‘bold investments’

Sushma meets South Korean president, invites ‘bold investments’

Seoul/New Delhi, Dec 29 (IANS) External Affairs Minister Sushma Swaraj Monday called on South Korean President Park Geun-hye and invited “bold investments” to benefit from the Indian government’s ‘Make in India’ programme. Official sources said that during the discussions, Sushma Swaraj invited Korean companies to build on their success in India. She said the Make […]