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Hyderabad metro: L&T cites cost overruns, seeks Rs 16k-cr aid from TRS

Hyderabad metro: L&T cites cost overruns, seeks Rs 16k-cr aid from TRS

Larsen&Toubro has sought additional financial support from Telangana to cover cost overruns in the Rs 16,000-crore metro rail project that stemmed from delays in its implementation, sources privy to the development said.

Prime Minister Narendra Modi is scheduled to inaugurate the first phase of the 72-km project tomorrow, touted to be the world's largest such project on public-private partnership in the sector.

PM Modi, Ivanka Trump in Hyderabad, traffic restrictions imposed, travellers need to avoid certain areas

PM Modi, Ivanka Trump in Hyderabad, traffic restrictions imposed, travellers need to avoid certain areas

As the city of pearls gears up to receive US President Donald Trump’s daughter Ivanka Trump who is leading the US delegation for the three-day Global Entrepreneurship Summit (GES), Hyderabad traffic police has imposed restriction on vehicular movements on Tuesday, November 28. Prime Minister Narendra Modi and Ivanka Trump will attend the inauguration of GES which is expected to witness over 1500 attendees, including entrepreneurs, investors, educators, government officials, and business representatives from India and the world.

Notably, PM Narendra Modi too will be in the city for the summit as well as the inauguration of the Hyderabad Metro. Traffic as such will be affected by both the VIPs’ movement and the public has been advised to avoid a number of routes that are likely to be affected.

Gujarat elections, a contest between trust on development and dynastic politics: Narendra Modi

Gujarat elections, a contest between trust on development and dynastic politics: Narendra Modi

Pushing the BJP’s campaign in Gujarat into high gear, Prime Minister Narendra Modi on Monday asked Congress vice president Rahul Gandhi why his party applauded the release of a terrorist in Pakistan and why he hugged the Chinese ambassador during the Doklam standoff.

Mr. Modi, who started his high-voltage campaign with a rally in Kutch district’s Bhuj town, launched a stinging attack against the Congress party.

ONGC officers urge PM Modi to stop Oil Min plan to sell oil & gas fields

ONGC officers urge PM Modi to stop Oil Min plan to sell oil & gas fields

Oil and Natural Gas Corp (ONGC) officers association has sought Prime Minister Narendra Modi's intervention to stall Oil Ministry's plan to sell the company's producing oil and gas fields, saying the move has highly damaging implications for the country.

The Association of Scientific & Technical Officers (ASTO) cited examples of falling production at the western offshore Panna/Mukta fields that were privatised in the 1990s, and Reliance Industries' flagging KG-D6 fields to state that ONGC has done well with its ageing fields.

IT dept sends Rs 30.67 crore notice to Kejriwal's Aam Aadmi Party

IT dept sends Rs 30.67 crore notice to Kejriwal's Aam Aadmi Party

The Income Tax department on Monday slapped Arvind Kejriwal's Aam Admi Party (AAP) with a Rs 30.67 crore tax notice.

The IT department has reportedly pulled up the party for not recording full details of 462 donors who donated Rs 6 crore.

Ashok Leyland, Hino ink pact to develop BS-VI engines

Ashok Leyland, Hino ink pact to develop BS-VI engines

Hinduja flagship firm Ashok Leyland on Monday said it has inked a pact with its long-standing Japanese partner Hino to jointly develop BS-VI compliant engines.

The companies have entered into a mutual cooperation agreement (MCA) where Ashok Leyland will utilise Hino's engine technology for Euro-VI development and will support Hinos engine parts' purchasing in India for global operation, the Chennai-based firm said in a statement.

Willing to extend all Aadhaar linking deadlines to March 31: Centre to SC

Willing to extend all Aadhaar linking deadlines to March 31: Centre to SC

The Supreme Court on Monday said it would hear a batch of petitions challenging mandatory linking of Aadhaar for granting various services to citizen after its constitution bench concludes hearing the Delhi-Centre dispute.

The Centre, meanwhile, informed the bench headed by Chief Justice Dipak Misra that it was willing to extend up to March 31 next year the deadline fixed for mandatory linking of Aadhaar with various schemes.

Lakshmi Vilas Bank falls 6% after fixing rights issue ratio

Lakshmi Vilas Bank falls 6% after fixing rights issue ratio

Lakshmi Vilas Bank has dipped 6% to Rs 170 on the BSE in intra-day trade after the private sector lender fixed rights issue in the ratio of 1:3 i.e. one rights equity share for every three equity shares held by the eligible shareholders on the record date.

The bank has fixed December 06, 2017 as the record date for the purpose of rights issue of equity shares. The stock will turn for ex-rights on December 05, 2017 on the BSE and NSE.

Hyderabad's 72-km elevated metro project all set to inaugurate tomorrow

Hyderabad's 72-km elevated metro project all set to inaugurate tomorrow

Hyderabad Metro Rail is ready to chug over the pillars erected on road median, changing the landscape of this tech hub and promising to take the city's public transport to a different orbit.

The long-cherished dream of the people of this historic city is becoming a reality as the first phase of nearly 72-km elevated metro project is all set to be inaugurated by Prime Minister Narendra Modi on Tuesday.

BJP banks on 'Mann Ki Baat' for campaign in Gujarat

BJP banks on 'Mann Ki Baat' for campaign in Gujarat

Led by party chief Amit Shah and several Cabinet ministers, Bharatiya Janata Party (BJP) workers across poll-bound Gujarat on Sunday made the most of Prime Minister Narendra Modi’s Mann Ki Baat broadcast to reach out to voters.

In his broadcast, the PM spoke at length about jawan (soldier) and kisan (farmer). He also spoke about the Constitution and terrorism, more specifically how the world took too long to wake up to India’s dire warnings about the menace that terrorism posed to humanity. Sunday was the anniversary of India having adopted its Constitution on November 26, 1949, and also the anniversary of the 26/11 Mumbai terror attacks of 2008.

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