Delhi High Court refuses to stall Vodafone’s second arbitration in UK

THE ECONOMIC TIMES Tuesday, May 08, 2018 08:52:59 AM INDIA INVESTMENT

Defence

Government sets up teams to choke Naxal funding MHA claims that coordinated effort by the central agencies and state police has started to show results, and investigato... Entered to attack security forces: LeT terrorist tells NIA 20-year-old Zabiullah, a resident of Bosan Road, Mehmood Kote in Multan, Pakistan, said he came "fully armed" in March t... India to urge Nepal to hold Bimstec meet With both Bhutan & Bangladesh set to polls in 2018, India is also keen on the coastal shipping arrangement to infuse mom...

IT Sector

Delhi High Court refuses to stall Vodafone's second arbitration in UK The court also vacated an interim order of August 2017, where it had restrained the company from taking any further acti... Will comply with local data hosting norms: Google Chief The company is giving consumers the choice to see how much personal data it stores along with the option of "taking it d... Evolving technologies to fuel IT sector hiring in next 6 months, says survey Most firms are keen to hire people with higher learnability quotient, mainly with 0-5 yrs' experience. However, senior l...

Pharma and Healthcare

Our offer will be fastest to implement: Sunil Kant Munjal on Fortis bid Munjal of Hero Enterprise and the Burman family of the Dabur group upped their proposal to invest INR 1,800 crore from R... Latest bid for India's Fortis "more risky", says Manipal CEO Indian businessmen Sunil Munjal and Anand Burman have also offered to buy a stake in Fortis at 167 rupees a share as par... Suven Life Sciences' Pashamylaram facility successfully completes USFDA inspection The facility has undergone renewal inspection from February 5-18 by the United States Food and Drug Administration (USFD...

Small Biz

How MSMEs will fire up India's defence system The plan is to link the cluster of companies with the academia for easy transfer of research with Indian and foreign com... Companies get scrutiny notices for mismatch in GST returns Cos, whose final sales return GSTR-1 did not match GSTR-2A, which is a purchase return auto-generated by system from his... Heralding manufacturing growth: SMEs in India need to move from automation to autonomy To support this massive growth, India will need an ecosystem comprising of Tier 1, Tier 2, as well as the Tier 3 supplie...

Retail

Reliance Retail sales cross $10 bn mark At ₹69,198 crore, Reliance Retail's revenue in the previous financial year exceeded the combined sales of rivals Future ... Disney & Me stores foray in India DLF Brands announced the opening of two Disney & Me stores -- one each in Noida and Gurugram -- through a licensing arra... Low prices the way forward for Future Group The Kishore Biyani-owned retail company is to adopt Walmart's 'everyday low price' strategy to take on both online and b...

Fashion / Jewellery

LoU ban won't impact Bengal's jewellery industry: GJPEC official This is because the instrument was used by some jewellers primarily for imports, but there was hardly any import compone... H&M launches online store in India "India will be the 45th global market where H&M has started online stores," H&M India Country Manager Janne Einola said.... Ban On Letters Of Undertaking: Bulk gold, diamond importers to be hit The RBI on Tuesday decided to "discontinue the practice of issuance of LoUs/ LoCs for Trade Credits for imports into Ind...

Energy

Coal shortage in 32 power plants due to rise in capacity utilisation Of the 32 stations, 22 plants have coal stocks that will last for four days or less, according to data released by the C... Ambani's EWPL seeks tripling of KG gas transportation tariff The pipeline transports KG-D6 gas, which has steadily dipped from 69.43 million standard cubic metres/day achieved in Ma... GMR signs pact with investor group to sell off hydel project Sources in GMR Group told PTI that the project is currently under development stage and is expected to be commissioned b...

Infrastructure

India's industrial, warehousing leasing to touch 20 mn sq ft in 2018: Report A CBRE South Asia report predicts that over the next two years, occupiers are expected to spend almost $48 million on le... Govt to monetise 2 more bundles of highway projects in May: NHAI chief Deepak Kumar said about 18 to 20 highway projects will be auctioned under TOT next month in two tranches that are expect... New highways to have ducts for telecom lines Telecom department will bid out stretches for building the ducts to private players, who will be responsible for maintai...

Engineering

BHEL wins Rs 137 cr order for renovation at Telangana TPS The PSU is already executing similar projects on turnkey basis for NTPC and state utilities including Gujarat State Elec... Reliance Infra bags Rs 1,081 crore EPC contract for Kudankulam nuclear project The contract entails design, engineering, supply, erection, testing and commissioning of SSC package and allied civil wo... Dhoot Transmission set to buy UK's Parkinson Harness Acquiring UK-based Parkinson Harness Technology would be the third strategic venture by Aurangabad-based Dhoot Transmiss...

Travel and Tourism

Tripshelf raises Rs 1.6 crore in Pre-Series A round This is a continuation of Tripshelf's Pre Series-A Funding Round received from GEMS Advisory in mid-2016; the total amou... Kerala Hydel Tourism Centre to expand activities to boost income A laser show is part of the proposed project at the Idukki archdam; The overall cost of the project is estimated at Rs 2... From Kyiv to Croatia, Indians set to beat the summer heat with offbeat trips Travellers are willing to explore new destinations and spend more time at a place to experience the local culture and cu...

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