Construction and engineering major Larsen & Toubro (L&T) is set to reduce its debt by Rs 30,000 crore in the next financial year by selling its entire stake in L&T Infrastructure Development Projects (IDPL) and Nabha Power, and transferring its stake in Hyderabad Metro to an infrastructure investment trust (InvIT).

S N Subrahmanyan, chief executive officer (CEO) and managing director (MD) of L&T, said the plan for the next financial year was to become asset light and reduce debt wherever possible.

Authorities on Wedndesday removed ban on social media in Jammu and Kashmir, six months after restrictions were placed in the erstwhile state in the view of abrogation of Article 370.

The Jammu and Kashmir administration on Wednesday allowed access to all web sites on 2G mobile data services and fixed line internet in the Union Territory till March 17 and also removed the ban on social media platforms.

Paytm employee in Gurgaon who recently returned from a vacation in Italy has tested positive for novel coronavirus, the company said in a statement on Wednesday.

The company has advised all its employees to work from home for the next couple of days while the Gurgaon unit gets sanitised.

The Enforcement Directorate (ED) has raided the residence of former chairman of the now grounded Jet Airways, Naresh Goyal in a case of money laundering. On Wednesday, he was summoned by ED for interrogation at its office in Mumbai and later look him to his home at around 9 PM for searching.

A fresh case under the Prevention of Money Laundering Act (PMLA) has also been registered.

Of the 137 samples sent for testing for COVID-19 in Uttar Pradesh, 109 have found to be negative while six samples that tested positive have been sent for confirmation, the government said.

The results of 22 cases were still awaited, said the State Control Room, Integrated Disease Surveillance Programme Vector Borne Disease Division Directorate of Health Services.

The National Investigation Agency (NIA) on Tuesday arrested two more persons, a father-daughter duo, in connection with the Pulwama attack case which claimed lives of 40 CRPF personnel last year.

The NIA arrested Tariq Ahmed Shah, a tipper driver in south Kashmir, and his daughter Insha Jan.

As the coronavirus scare continues to trouble India, Prime Minister Narendra Modi on Thursday announced that he will not be participating in any 'Holi Milan' programmes this year in view of the COVID-19 outbreak.

Taking to microblogging website Twitter, Modi cited experts' advice to reduce mass gatherings to avoid the spread of the virus.

A day after an Italian tourist in Rajasthan's Jaipur tested positive for coronavirus, 15 more people from the group that he was a part of have been confirmed to have been infected with the virus.

The 15 tourists have tested positive for the virus, the All India Institute Of Medical Sciences (AIIMS) informed on Thursday. The group has been quarantined at an ITBP facility in New Delhi.

With India reporting at least six confirmed cases of coronavirus, Prime Minister Narendra Modi on Tuesday reviewed the country’s preparedness to deal with the virus, while the Union health ministry issued a travel advisory suspending all regular and e-visas granted on or before March 3 to nationals of four countries.

Had an extensive review regarding preparedness on the COVID-19 novel coronavirus. Different ministries and states are working together, from screening people arriving in India to providing prompt medical attention, Modi said in a tweet.

BJP leaders in Madhya Pradesh have allegedly taken eight MLAs to a hotel in Haryana as part of a conspiracy to topple the state government, a Congress leader has alleged.

The statement of Madhya Pradesh Higher Education Minister Jitu Patwari came hours after Congress veteran Digvijaya Singh claimed that a senior leader of the saffron party has taken a Bahujan Samaj Party (BSP) legislator to Delhi in a chartered flight, alleging that poaching attempts were being made by the BJP on Congress MLAs in Madhya Pradesh.

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