Day: May 13, 2019

FinMin reworking strategic sale procedure for CPSEs

New Delhi ;  The finance ministry is reworking strategic sale procedure to ensure outright sale of CPSEs within 4 months of issuance of documents to potential investors, a move aimed at ensuring speedier conclusion of the entire process, an official said. However, for CPSEs like Air India, which are […]

Honda to continue selling diesel s in India

New Delhi :  Japanese auto major Honda will continue to offer diesel models in India even after BS-VI emission norms kick in, unlike Maruti Suzuki which has decided to stop selling diesel cars from April 1, 2020. According to a senior official of Honda Cars India Ltd (HCIL), the […]

Hinduja brothers top UK rich list, Reuben brothers second

London :  Indian-origin brothers dominate the annual rich list of Britain’s wealthiest, with the Hinduja brothers ranked at No. 1 with a fortune of 22 billion pounds followed by Mumbai-born Reuben brothers in second place with 18.66 billion pounds. Srichand and Gopichand Hinduja, who run the Hinduja Group of […]

Reliance entry to digitise 5 million kirana stores by 2023: Report

New Delhi :  Richest Indian Mukesh Ambani-led Reliance Industries’ entry into online retailing will help expand the current 15,000 digitised retail stores to over 5 million by 2023, a study of Bank of America Merrill Lynch said. As much as 90 per cent of India’s USD 700 billion retail […]

Afghan official says female journalist shot dead in capital

Kabul  :  An Afghan official says that unidentified gunmen have shot and killed a female journalist and adviser to the country’s parliament in the capital Kabul. Nasrat Rahimi, a spokesman for the interior ministry, says that Mena Mangal, a cultural adviser for the lower house of the parliament and […]

8 ‘terrorist’ suspects killed in Saudi Arabia: state media

Riyadh ;  Eight members of a “terrorist” cell were killed on Saturday in a police raid in Saudi Arabia’s eastern Qatif region, a Shiite minority stronghold, state media reported. The recently-formed cell was preparing to carry out “terrorist” activities against the security of the country, the official Saudi Press […]

Theresa May to set date for resignation soon, says MP

London :  Theresa May could be forced to set an exact date for her resignation as Conservative Party leader to make way for a new British Prime Minister in the coming days, a senior Tory MP has said. Sir Graham Brady, who chairs the influential backbench 1922 Committee of […]

In Mexico, 35 bodies found in mass graves

Prosecutor Gerardo Octavio Solis said most of the bodies were located at a ranch in the town of Zapopan. Among the dead, “27 of the bodies had been tied up when killed. And we have two people identified at this time,” Solis told a news conference. The number […]

Trump to China: Trade deal now or it will be ‘far worse’ after 2020

Washington : President Donald Trump warned China on Saturday that it should strike a trade deal with the United States now, otherwise an agreement would be “far worse for them if it has to be negotiated in my second term”. Washington and Beijing are locked in a trade battle […]

Mayawati suffering from ‘political depression’, symptoms clearly visible: UP deputy CM

Lucknow : Uttar Pradesh Deputy Chief Minister Dinesh Sharma said BSP president Mayawati is suffering from “political depression” as she fears defeat of her party’s candidates in the general election under way and as a result, she is losing her temper and patience. Sharma claimed Mayawati is showing weakness […]

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