Business Economy

Reliance New Energy Solar Ltd to invest in NexWafe as Strategic Lead Investor

Mumbai (Maharashtra) [India]: Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of the company, has entered into an agreement with NexWafe GmbH (NexWafe), a German company, for acquiring 86,887 series C preferred shares of the face value of EUR 1 each of NexWafe at a price of EUR 287.73 per share aggregating EUR 25 million. RNESL will also be issued 36,201 warrants which are exercisable for a consideration of EUR 1 per warrant subject to achievement of agreed milestones, Reliance Industries Ltd (RIL) informed in a letter issued to BSE Limited and National Stock Exchange of India Limited on Tuesday.According to the letter, the transaction is proposed to be completed by end of October 2021. NexWafe is developing and producing monocrystalline silicon wafers grown directly from inexpensive raw materials, going directly from the gas phase to finished wafers, obviating the need for costly…

Automobiles

Maruti Suzuki hikes prices of Swift, CNG variants of other models by up to Rs 15,000

Maruti Suzuki price hike: The price change for Swift and all CNG variants is owing to an increase in various input costs. The country’s largest carmaker Maruti Suzuki India on Monday said it has hiked prices of hatchback Swift and CNG variants of other models by up to Rs 15,000. The price change for Swift and all CNG variants is owing to an increase in various input costs, Maruti Suzuki India said in a regulatory filing. “Increase in ex-showroom prices (Delhi) is up to Rs 15,000 on the above models. The new prices are effective from today i.e. July 12, 2021,” it added. Before the price hike, Swift was available at a price range of Rs 5.73 lakh to Rs 8.27 lakh (ex-showroom Delhi) across variants. Maruti Suzuki sells CNG variants across its range of models, including Alto, Celerio, S-Presso, WagonR, Eeco and Ertiga…

TOP NEWS UPDATES

Rahul Gandhi pays floral tributes to Virbhadra Singh at Shimla

Shimla : Former Congress president Rahul Gandhi on Friday paid floral tributes to ex-Himachal Pradesh Chief Minister Virbhadra Singh, here. Mr Gandhi, who arrived at Charabra in the morning, paid last respects to Singh whose body was brought to Rajiv Gandhi Bhavan at party’s state headquarters. He consoled Singh’s wife Pratibha Singh and son Vikrama Ditya Singh. Singh died of a prolonged illness at Indira Gandhi Medical College Hospital (IGMC) in the wee hours on Thursday.

National News Politics

India logs 92,596 COVID cases

Vaccination needs to be speed up so that lives are not lost. India on Wednesday recorded 92,596 new cases of the novel coronavirus, along with 2,219 deaths due to the infection. According to the data shared by the Union Health Ministry, the country saw a total of 1,62,664 discharges in the last 24 hours, taking the total recovery to 2,75,04,126. The total cases of COVID-19 in India have now mounted to 2,90,89,069, with 12,31,415 active cases, the data showed. The total death toll in the country is now at 3,53,528. A total of 23,90,58,360 people have so far been vaccinated against COVID-19 in India. India’s COVID-19 tally had crossed the 20-lakh mark on August 7, 30 lakh on August 23, 40 lakh on September 5 and 50 lakh on September 16. It went past 60 lakh on September 28, 70 lakh on October 11,…

TOP NEWS UPDATES

ASEAN diplomacy in Myanmar intensifies as EU eyes more sanctions

ASEAN diplomacy in Myanmar intensifies as EU eyes more sanctions Analyst says ASEAN diplomacy ‘dead on arrival’ while shadow opposition government seeks recognition of ethnic Rohingya as citizens. Diplomats from the Association of Southeast Asian Nations (ASEAN) are set for talks with Senior General Min Aung Hlaing, as Myanmar enters its fifth month of crippling unrest since the military seized power on February 1 amid the increasing prospect of new sanctions from the European Union. Myanmar has been in chaos and its economy paralysed since the coup, with more than 800 people killed in a brutal crackdown on dissent, according to a local monitoring group.KEEP READINGASEAN leaders plan Myanmar visit this week amid divisionsMyanmar cardinal calls for end to violence after church attackMyanmar shadow government allies with rebels against military Erywan Pehin Yusof, Brunei’s second minister for foreign affairs and ASEAN Secretary-General Lim Jock…

TOP NEWS UPDATES

Delhi: Four-member panel set up to look into deaths due to shortage of oxygen during second wave

The Delhi government has formed a four-member expert committee to look into the deaths due to the shortage of oxygen he Delhi government has formed a four-member expert committee to look into the deaths due to the shortage of oxygen during the second wave of the COVID-19 pandemic and is awaiting the lieutenant governor’s approval, Deputy Chief Minister Manish Sisodia said on Friday. During the second wave of coronavirus, there was an oxygen crisis and there were reports that the oxygen shortage led to deaths at some hospitals, Sisodia said in an online briefing. “We took the issue seriously and took a decision to form a four-member committee to look into the matter. It is a committee comprising medical experts. We have sent the file for the L-G’s approval,” he said. “This committee will meet twice a week and will look into each case…

Politics State's Latest

Mamata fulfils poll promise

Mamata Banerjee was sworn in as West Bengal CM on May 2 for the third time in a row. The basic income support scheme will benefit around 1.6 crore families. The West Bengal Cabinet on Monday gave its approval for implementation of a monthly income support scheme for eligible families and two other programmes promised in the election manifesto of the Trinamool Congress, Chief Minister Mamata Banerjee said. The Cabinet also gave the green signal to introduce a new credit card scheme for all eligible students to pursue higher education, as well as the programme of free doorstep delivery of monthly ration to 1.5 crore households. A proposal to recruit 2,500 people in the Kolkata Police force has also got the go-ahead from the Cabinet, Banerjee said. “It’s not even one month since the government was formed. Today, we have got approval from the…

TOP NEWS UPDATES

Cyclone Yaas to make landfall near Balasore coast tomorrow afternoon, red alert in Odisha districts

Cyclonic Yaas will make landfall near Dhamra Port in Odisha’s Bhadrak district on Wednesday morning. yclonic storm Yaas will make landfall near Dhamra Port in Odisha’s Bhadrak district on Wednesday morning, according to the Met department. Dr Umashankar Das, a scientist at the Regional Meteorological Centre, Bhubaneswar said that the landfall will most likely be between Dhamra and Chandbali in the district. The system will intensify into a severe cyclonic storm by Monday night. It will further intensify into a very severe cyclonic storm by tomorrow morning. At the time of landfall near Balasore, wind speed will reach 155 kmph to 165 kmph, gusting to 185 kmph, along and off Jagatsinghpur, Kendrapara, Bhadrak and Balasore districts in Odisha and in East Midnapore district of West Bengal. Yaas will lead to storm surge on the coasts of Balasore, Jagatsinghpur, Kendrapara and Bhadrak in Odisha. It…

Politics State's Latest

CBI arrests TMC leaders, Mamta says “political revenge”

CBI vs Mamata: High drama in Kolkata after arrest of ministers; TMC workers pelt stones at security forces West Bengal Chief Minister Mamata Banerjee and scores of Trinamool Congress workers reached the CBI’s office in Kolkata on Monday to protest against the arrest of four party leaders including two ministers. Banerjee has started a sit-in at the CBI office here and demanding from the officials to arrest her.  The Chief Minister rushed to the 15th floor of the ‘Nizam Palace’ where the CBI has the office of its anti-corruption cell. “Didi (Banerjee) will not leave this CBI office until her party colleagues are released or until she is also arrested,” Banerjee’s spokesperson, lawyer Anindyo Raut told waiting media persons. He said Mamata Banerjee told the CBI officers they have arrested the four leaders, among them two sitting and two former ministers, without the mandatory…

TOP NEWS UPDATES

India records 3,11,170 new COVID cases, 4,077 deaths in past 24 hours

Union Health Minister Harsh Vardhan on Saturday said the number of vaccine doses administered in India will reach 51.6 crore by the end of July. India on Sunday recorded 3,11,170 new cases of the novel coronavirus, along with 4,077 deaths due to the infection. According to the data shared by the Union Health Ministry, the country saw a total of 3,62,437 discharges in the last 24 hours, taking the total recovery to 2,07,95,335. The total cases of COVID-19 in India have now mounted to 2,46,84,077, with 36,18,458 active cases, the data showed. The total death toll in the country is now at 2,70,284. A total of 18,22,20,164 people have so far been vaccinated against COVID-19 in India. India’s COVID-19 tally had crossed the 20-lakh mark on August 7 last year, 30 lakh on August 23, 40 lakh on September 5 and 50 lakh on…

TOP NEWS UPDATES

Global sale of Celltrion’s COVID-19 antibody-drug Regkirona begins

The total supply is a sufficient amount to administer to about 30,000 people. The contractee is a subsidiary of Pakistan Ordnance Factories (POF), the largest defense contractor under Pakistan’s Ministry of National Defense.  Worldwide sales of Regkirona (active ingredient: regdanvimab), a COVID-19 antibody drug developed by South Korean biopharmaceutical company Celltrion Inc, has begun. Celltrion Healthcare Co Ltd, the marketing arm of Celltrion, announced on Monday that it has signed a contract with a Pakistani state-owned company to export 100,000 vials of Regkirona. The total supply is a sufficient amount to administer to about 30,000 people. The contractee is a subsidiary of Pakistan Ordnance Factories (POF), the largest defense contractor under Pakistan’s Ministry of National Defense.  The plan is to administer the first batch to Pakistani soldiers and the public. To assist with educating local doctors and nurses who will be in charge of…

Politics State's Latest

Situation Worrisome, People Paying With Lives For Exercising Franchise: Bengal Governor

Moments after administering oath to the ministers of the Mamata Banerjee government, Bengal Governor Jagdeep Dhankhar on Monday expressed concern over the situation arising out of post-poll violence in the state and said he would soon be visiting the affected areas. Mr Dhankhar, while talking to reporters, also said that people are being made to pay with their lives for exercising their franchise. “The situation that arose out of post-poll violence is worrisome. I will be visiting the violence-hit areas in the state,” he underlined. The governor further said that the state administration was yet to respond to his request for necessary arrangements prior to his visit to the affected areas. “If your vote becomes a cause of your death or property destruction, if it leads to arson, then that signals the end of democracy,” he said.

NEWS FLASH TOP NEWS UPDATES

New govt to be formed in West Bengal, state cabinet swearing in on May 10

After the formation of the new government in West Bengal, members of the state cabinet in the Trinamool Congress (TMC) will be sworn in next Monday. It was previously decided that the members of the new cabinet would be sworn in at the Raj Bhavan in Kolkata on Sunday, but in the end it was decided that the oath would take place on Monday. The oath taking ceremony will begin at 11 am on Monday. However, how many cabinet members will be sworn in on Monday, it is not known. According to sources, only cabinet ministers who will take charge as key members of the cabinet will be sworn in on Monday. The rest will be sworn in later. After taking oath, the first cabinet meeting of the new government has been called at three o’clock on Monday afternoon. However, the same policy will…

State's Latest TOP NEWS UPDATES

Union Home Ministry seeks report on West Bengal violence

The Union Home Ministry has sought a report from the government on the West Bengal violence. It is reported that the report was sought two days ago. Its reminder was sent on Wednesday. Yesterday it was said that if the report is not sent, the ministry will take it seriously. Union Home Secretary Ajay Bhalla has written a letter in this regard. For the third time in the assembly elections, a Trinamool Congress (TMC) government led by Mamata Banerjee has been formed in West Bengal. Mamata Banerjee took the oath of chief minister for the third consecutive time on Wednesday after the historic victory in the assembly elections. Governor Jagdeep Dhankar administered the oath of office and secrecy. Immediately, there seems to be a situation of confrontation between West Bengal Chief Minister Mamata Banerjee and Governor Jagdeep Dhankhar over election violence in the state.…

National News Politics Uncategorized

Coronavirus Pandemic: Know what Supreme Court told govt on lockdown

The Supreme Court order in a self-cognizance case regarding Covid-19 said that the central and state governments should consider stopping the second coronavirus wave and  impose a lockdown in public interest. The court has also said in its order that in the event of lockdown, special care should be taken of the people of the society who are poor or who do not have proper means to live and eat. Significantly, taking suo motu cognizance of the worsening situation of the Covid-19 pandemic in the country, the Supreme Court reserved the verdict after hearing on April 30. In the case of shortage of oxygen in hospitals of Delhi, the Supreme Court has ordered that the central government should make sure that there is no lack of oxygen in Delhi before the midnight of 3 May. Point to be noted is that Government and non-government…

NEWS FLASH TOP NEWS UPDATES Uncategorized

Mamata seals Bengal sweep, says victory for people of the state

West Bengal Election Results 2021, WB Assembly Election Result 2021 Today Live Updates: PM Narendra Modi has congratulated Mamata Banerjee for TMC’s performance in the Assembly polls and said BJP will keep serving the people of Bengal West Bengal (WB) Election Results – Mamta Bannrjee is all set to return as the Chief Minister of West Bengal for the third consecutive term, with the TMC leading in over 200 seats. Speaking to party workers from her Kalighat residence, Banerjee said “this is Bengal’s victory”. Speaking to the press later, she said, “This is a victory for the people of Bengal. I am proud to say that Bengal saved the country. The Election Commission behaved badly with us — they behaved like BJP spokesperson. BJP played dirty politics and lost the election.” She added, “Covid is my first priority. We will work on this immediately. We will not do…

NEWS FLASH TOP NEWS UPDATES Uncategorized

Record 3,689 Covid Deaths In India In 24 Hours, Daily Cases below four lakh

A day after India’s daily Covid cases passed the grim four lakh-mark in a first, the country saw the deadliest day of the pandemic with 3,689 deaths in last 24 hours. The Covid caseload surged to 1.95 crore this morning with 3.92 lakh new cases. Here is your ten-point cheat sheet on this big story: This is the fourth straight day that India has recorded over 3,000 deaths due to Covid. Hospitals are overburdened and shortage of medical oxygen has emerged as one of the top challenges. The country’s daily Covid cases passed the 1 lakh-mark about three weeks ago.  Prime Minister Narendra Modi is holding a meeting this morning to review the measures being taken amid the unprecedented Covid surge. Last month, in an address to nation, he had said the second Covid wave has hit India “like a storm”. In April, India…

Business New Products

Vivo V21 5G launched in India: Check all details before buying

Vivo V21 5G is the latest mid-range smartphone with 5G connectivity to be launched in India. Vivo V21 5G is a successor to the Vivo V20, which was launched in October 2020. Check prices, specs, and features of the Vivo V21 5G here. Prices of Vivo V21 5G: Vivo V21 5G is available in storage variants of 8GB RAM + 128GB storage and 8GB RAM + 256GB storage.  The Vivo device is priced at Rs 29,990 for the 8GB RAM + 128GB storage variant. The 8GB RAM + 256GB storage variant of Vivo V21 5G is priced at Rs 32,990. Vivo V21 5G is available in Dusk Blue, Arctic White, and Sunset Dazzle colors. Specs and features of Vivo V21 5G: Vivo V21 5G features a 6.53-inch full-HD+ AMOLED display with a resolution of 1080 x 2340 pixels. The display of the Vivo device comes with…

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