In an interview to CNBC-TV18, Sudhin Choksey, MD of Gruh Finance spoke at length about the extension of affordable housing scheme and the latest happenings in the company.
While Flipkart claims to have doubled sales since last year's sales, Amazon claims it remains the largest marketplace in India.
The notice pertaining to the closure, issued to the plant management, mentioned that ash slurry water from the damaged ash dam is polluting water of a Belgiri nullah (canal) passing near the plant that drains into Hasdeo river.
The package will mainly consist of increased spending on child care and education, and cover a period of three years from the fiscal year beginning in April 2018.
"But pollution is a big concern. You give priority to indigenous technology. Now India is coal and power surplus country. It is very cheap. People will also be benefitted. Give priority to this. You venture into public transportation using electricity," Gadkari said replying to query on the Government's plan to make the country an all electric car market by 2030.
The company had sought approval for "subscription of equity shares by Autobyte Private Limited in Fifth Gear Ventures Limited resulting in change of control of Fifth Gear Ventures Limited from New Delhi Television Limited and NDTV Convergence Limited to Autobyte Private Limited," NDTV said in a filing to the BSE.
Amazon reported a fourteen-fold growth in traffic during the first day of the Great Indian Festival on Thursday
After completion of the project, the loading capacity will increase to 120,000 tonnes per day (TPD) from 70,000 TPD, the company said in a statement.
Amazon's four-day festive sale, which commenced on September 21, clashed with those by rivals Flipkart and Paytm. "We have seen 2.5X growth in smartphone sales, 4X increase in large appliances and 7X in fashion sales. This is our biggest ever sale," Amazon India vice president-category management Manish Tiwary told PTI.
Since their induction in March last year, the A320 neo planes in IndiGo fleet are going out of operations at a regular interval due to the frequent glitches in the Pratt & Whitney engines, which power these planes.
"Total investment in the first phase could be in the region of about USD 500 million," Rajiv Agarwal, managing director and chief executive of Essar Ports, told PTI at a company-run facility here.
The expansion at Taloja in neighbouring Raigad district will share synergies in various storages and utilities with the existing isopropyl alcohol (IPA) plant, the company said in a release.
The partnership would allow Shoppers Stop list its entire portfolio of over 400 brands on Amazon.in and vise versa Amazon experience centres will be created across the physical network of the K Raheja Corp Group's retail arm.
The operating and business models of insurers have been evolving due to the disaggregation of the insurance value chain, according to the report prepared by industry body Assocham in collaboration with Ashvin Parekh Advisory Services.
"Our focus currently is on expanding our business in India. We have come a long way since the time we entered this market as a sales company to manufacturing products...," Danfoss India President Ravichandran Purshothaman told PTI here.
Over the last few years the company has invested significantly to mark the step-wise transition from generics to an innovation-driven organisation, according to the company's annual report.
It operates 100 exclusive outlets in the country that are company-owned as well as franchises.
Under the new initiative, the healthcare major plans to offer a total of 17 types of services, out of which it has launched nine in the first phase, including nursing, patient care attendants and pathology services.
The regulator's order came in the case related to Kamalakshi Finance Corporation (KFCL) wherein various entities were prima-facie found to have artificially inflated the company's share prices to make illegal gains.
In view of difficulties of online filing, the industry body suggested that "the due dates for filing GSTR-1, GSTR-2 and GSTR-3 should be deferred for another month or two".
This expansion will take the number of countries where the brand is present from 30 to 60.
The scheme offers sops on electric and hybrid vehicles of up to Rs 29,000 for bikes and Rs 1.38 lakh for cars, thereby lowering their price for buyers.
On advertising and marketing spends during the festive season, he said, "given the clutter, we spend close to 40 percent of our total budget during this period. Our spends are about 6.5 percent of revenues".
Industry body Nasscom is expecting the USD 150-billion Indian IT industry to deliver a strong performance next fiscal on revival in tech spends of the financial sector and demand growth from the US clients.
Cochin Shipyard (CSL) is now setting sail to newer shores as it looks to set up ship-building and repair facilities in Andaman and Nicobar, Gujarat, Kolkata and Mumbai. This was disclosed by Union Shipping, Road Transport, Highways and Water Resources Minister Nitin Gadkari in an interview to PTI.