Economy
L&T distances itself from Cognizant's Indian bribery case
Mon, Feb 18, 2019
Infrastructure major Larsen & Toubro (L&T) Monday said it is not aware of any evidence that supports its involvement in making the alleged improper payments to power officials in India for securing various clearances on behalf of its client Cognizant Technology Solutions Corp (CTS).
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Govt should provide financial support to facilitate major 5G trials in India: COAI
Mon, Feb 18, 2019
Industry body COAI has written to the Telecom Department saying financial support and subsidies should be provided to facilitate major 5G trials in India, and that permissions and fee on network equipment purchases need to be waived for the entire trial period.
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Counting cost of stockpiling, UK bike maker gears up for Brexit
Mon, Feb 18, 2019
Isla Rowntree, the founder of British children`s bike maker Islabikes, has resorted to stacking spare parts in meeting spaces and office rooms as she gets ready for a potentially chaotic no-deal Brexit next month.
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Steel minister dedicates SAIL's Bettiah steel processing unit to nation
Mon, Feb 18, 2019
Union Steel Minister Chaudhary Birender Singh on Monday dedicated SAIL's steel processing unit (SPU) to the nation at Bettiah in West Champaran, Bihar, the government said. The unit, set up at a cost of Rs 116 crore, will churn out high-quality steel tubes and pipes.
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JNPT development works will generate 1.25 lakh jobs: Gadkari
Sun, Feb 17, 2019
Terming ports as the engines of growth, Union Minister for Shipping and Highways Nitin Gadkari Sunday said the developments undertaken by the JNPT here will change the face of the Konkan region and make it a global tourist destination.
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Farm sector doles 'disturbing trend', says former RBI Guv
Sun, Feb 17, 2019
Former Reserve Bank of India Governor Y V Reddy Sunday termed the recent trend of rolling out doles for the farm sector, including the Union Budget's basic income scheme, as a "disturbing trend" which will impact fiscal stability, growth and also Centre-state relations.
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Cancellation of lease: HC grants interim relief to BBTCL
Sun, Feb 17, 2019
In a relief to the Bombay Burmah Trading Corporation Limited (BBTCL), the Madras High Court has restrained officials from interfering with lawful operation of its tea estate in Tirunelveli district consequent to an order of the Tamil Nadu government cancelling the lease of over 8,000 acres.
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