Maharashtra: New CM to be from BJP, Mahayuti allies Shiv Sena and NCP to get deputy CM posts, says Ajit Pawar
Nationalist Congress Party (NCP) chief and Maharashtra caretaker Dy CM Ajit Pawar on Saturday said during a meeting of Mahayuti leaders it was decided that the CM will be from the BJP and the remaining two parties – Shiv Sena and NCP – will get Dy CM posts. Ajit Pawar
Foreign banks bet on RBI holding policy rates amid sluggish Q2 GDP growth
Foreign banks anticipate that the Reserve Bank of India (RBI) will maintain the policy rate at 6.5 per cent during the December 4-6 MPC meeting, despite the second-quarter GDP growth slowing to 5.4 per cent. The weaker growth data poses a challenge for the central bank, intensifying calls for a
CBT approves parking PF funds in public sector InvITs and REITs
In a significant move, the Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) has approved guidelines to allow Provident Fund investments in units of public sector-sponsored Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs). This marks a significant step in diversifying EPFO’s equity market
‘Our goal is to become the finest healthcare institution in India’
Aster DM Healthcare Ltd. and Quality Care India Ltd. which is backed by private equity majors Blackstone and TPG have announced to merge and the combined listed entity will be called Aster DM Quality Care Ltd. creating one of India’s top 3 hospital chains in terms of revenue and bed capacity.
Cyclone Fengal disrupts train services in Chennai
Due to the heavy rains in Chennai caused by Cyclone Fengal, the Southern Railway has announced changes in train services. The Dr. MGR Chennai Central – Jolarpettai Yelagiri Express (Train No. 16089) scheduled to depart from Dr. MGR Chennai Central at 17:55 hours today has been fully cancelled. The Gorakhpur
Cyclone Fengal: Chennai airport suspends operations; airlines cancel flights
Operations at the Chennai airport were suspended on Saturday due to gutsy winds and heavy rains caused by Cyclone ‘Fengal’, resulting in multiple flight cancellations and impacting hundreds of passengers. Parts of the airport were inundated due to the heavy rains. “In light of Cyclonic Storm ‘Fengal’ and the forecasted
Hinduja Tech completes acquisition of Tecosim
Hinduja Tech Ltd., has completed the acquisition of Tecosim Group, a leading European engineering services provider. This acquisition, expanding its presence in the European market, marks a significant milestone for Hinduja Tech, taking a decisive step towards its vision to be among the top 10 global mobility engineering and R&D
10 popular public high schools in New Jersey one can consider for quality education
U.S. News has unveiled its nationwide rankings of nearly 25,000 public high schools across all 50 states and the District of Columbia. The rankings encompass traditional high schools, as well as charter, magnet, and STEM (Science, Technology, Engineering, and Math) institutions. According to the official website, approximately 17,660 schools were
Fengal slows down on home stretch, economic loss estimated at ₹150 crore
Cyclone Fengal over south-west Bay of Bengal has slowed down in lateral movement to just seven km on Friday afternoon, while on the home stretch towards the Chennai-Mahabalipuram-Puducherry belt. It featured wind speeds of 70-80 km/hr gusting to 90 km/hr as landfall approached, an India Meteorological Department (IMD) update said
TVS Motor to acquire further 39.11% stake in DriveX
TVS Motor Company has agreed to acquire further 39.11% stake from the existing shareholders of DriveX Mobility Pvt. Ltd., for a cash consideration of ₹97.78 crore. With this acquisition, TVSM stake will increase to 87.38% and consequently Narain Karthikeyan backed firm will become a subsidiary company, the leading two and