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Reliance Infra wins arbitration award of Rs 1,250 crore against DVC

Reliance Infra wins arbitration award of Rs 1,250 crore against DVC

Reliance Infrastructure Ltd said on Monday it has won a major arbitration award of Rs 1,250 crore against government-owned Damodar Valley Corporation (DVC).

A three-member arbitration tribunal unanimously gave the award in favour of Reliance Infrastructure on December 21.

Google fined $167 million in France amid crackdown on online advertising

Google fined $167 million in France amid crackdown on online advertising

Google was fined 150 million euros ($167 million) in a French antitrust case involving online advertising as regulators throughout Europe criticize the tech giant’s business practices.

The French authority found Google abused its dominant position in search when it set “opaque and difficult to understand operating rules” for its Google Ads advertising platform that it applied unfairly and randomly.

Sharad Pawar slams govt, calls NRC and CAA diversion from 'serious issues'

Sharad Pawar slams govt, calls NRC and CAA diversion from 'serious issues'

NCP president Sharad Pawar slammed the NDA government on Saturday, saying the Citizenship (Amendment) Act and the proposed National Register of Citizens were ploys to divert attention from serious issues plaguing the country.

CAA and NRC are ploys to divert people's attention from serious issues that the country is facing, he told reporters in Pune.

Most banks will improve stressed assets by March, says SBI chairman

Most banks will improve stressed assets by March, says SBI chairman

SBI Chairman Rajnish Kumar on Saturday said most banks will be in a good position with respect to stressed assets by March and there is no dearth of liquidity in the system for lending.

He added that there are opportunities to lend in sectors such as infrastructure and consumer lending as there is not much of a decline in demand from consumers.

At least 35 arrested amid anti-citizenship act protests in Madhya Pradesh

At least 35 arrested amid anti-citizenship act protests in Madhya Pradesh

At least 35 people have been arrested in connection with Friday's violent protests against the contentious Citizenship Amendment Act in Madhya Pradesh, which left 20 police personnel injured, an official said.

Demonstrations against the law were held across the state on Friday, with protesters pelting stones at police in some places. Police used baton charge to disperse the protesters.

Disruption likely in steel industry after March as mine leases expire: SAIL

Disruption likely in steel industry after March as mine leases expire: SAIL

State-run SAIL on Saturday said the steel industry may face disruption post March 2020 when a number of mining leases expire.

A clutch of mining leases for coal and iron ore are slated to expire by March next year.

According to the amended Mines and Minerals (Development and Regulation) Act, these licences will not be renewed and the mines will be allotted through fresh auctions.

Delhi court asks police to allow lawyers to meet 40 detained in Daryaganj

Delhi court asks police to allow lawyers to meet 40 detained in Daryaganj

A Delhi court has come to the rescue of 40 people detained in connection with a violent protest in Daryaganj, by directing Delhi police to allow lawyers to meet the detainees and provide them legal remedies.

Chief Metropolitan Magistrate Arul Verma issued the directions to the station house officer of the Daryaganj police station late Friday night when lawyers approached him at his residence, seeking permission to meet the detainees.

Delhi weather: Thick fog in national capital; air quality ‘severe’

Delhi weather: Thick fog in national capital; air quality ‘severe’

A thick layer of fog enveloped the national capital Saturday morning as the minimum temperature settled at 9.5 degrees Celsius, a notch above the season’s average. The air quality in Delhi was recorded in the severe category at 429 at 10.40 am.

An AQI between 0 and 50 is considered ‘good’, 51 and 100 ‘satisfactory’, 101 and 200 ‘moderate’, 201 and 300 ‘poor’, 301 and 400 ‘very poor’, and 401 and 500 ‘severe’.

Anti-CAA protests: RJD stages state-wide bandh in Bihar; services disrupted

Anti-CAA protests: RJD stages state-wide bandh in Bihar; services disrupted

Thousands of RJD supporters fanned out across Bihar on Saturday, disrupting rail and road traffic while trying to enforce a statewide shutdown in protest against the new citizenship law and the proposed NRC.

In the state capital, hundreds of party supporters - among whom children could also be seen - stormed railway stations and bus stands carrying sticks and party flags but they were chased away by police personnel.

Anti-CAA protests: 8-year old among 11 dead in UP as stir intensifies

Anti-CAA protests: 8-year old among 11 dead in UP as stir intensifies

At least 11 people, including an 8-year-old boy, have lost their lives in Uttar Pradesh as the protests against the Citizenship (Amendment) Act turned violent in the state, officials said on Saturday.

Four deaths were reported from Meerut district, while the boy lost his life in a stampede in Varanasi when a violent mob was being chased by police personnel, they said.

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