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Development of Thanjavur airport put on fast track; AAI to invest Rs 200 cr

Development of Thanjavur airport put on fast track; AAI to invest Rs 200 cr

The development of Thanjavur airport has been put on the fast track with Airports Authority of India (AAI) set to invest around Rs 200 crore in building the airport, which may take at least a year to become operational.

According to sources, it was only after the intervention of state Industries Minister TRB Rajaa and his meeting with the defence secretary and secretary of civil aviation, that the project was put on fast track.

IREDA makes stellar debut; stock lists at 56% premium over its issue price

IREDA makes stellar debut; stock lists at 56% premium over its issue price

Indian Renewable Energy Development Agency (IREDA) made a strong stock market debut, with its shares listed at Rs 50, a hefty 56 per cent premium over its issue price of Rs 32 per share on the National Stock Exchange (NSE) and BSE on Wednesday.

Post listing, the stock of state-owned financial institution company moved higher to Rs 55.45, a 73 per cent premium against its issue price on the NSE.

TPCC leaders are puppets of Delhi Congress, can't protect Telangana: KTR

TPCC leaders are puppets of Delhi Congress, can't protect Telangana: KTR

Telangana IT Minister and Bharat Rashtra Samithi (BRS) Working President, K T Rama Rao (KTR), said that Congress leaders in Telangana are puppets in the hands of the Congress leaders in Delhi, a Deccan Chronicle (DC) report said. He added that Telangana Pradesh Congress Committee (TPCC) leaders can not protect the rights of Telangana.

Making a sharp attack on Telangana Congress, KTR said, "Be careful with such people. Think wisely before casting your vote and do not believe in rumours."

Families extend gratitude to govt after rescue of 41 workers from tunnel

Families extend gratitude to govt after rescue of 41 workers from tunnel

After 17 days of tense anticipation, relief and happiness enveloped the faces of the family members of 41 trapped workers upon receiving news of their successful rescue from the Silkyara tunnel in Uttarakhand's Uttarkashi on Tuesday evening.

The emotional moment unfolded as the culmination of exhaustive rescue efforts that captured the nation's attention.

RBI in discussions with US, Hong Kong, Swift on digital bank payments

RBI in discussions with US, Hong Kong, Swift on digital bank payments

The Reserve Bank of India is in discussion with its counterparts in the United States and Hong Kong, along with the Society for Worldwide Interbank Financial Telecommunications (SWIFT), on cross-border digital bank payments or central bank digital currencies (CBDC), according to a report by The Economic Times (ET). Discussions between the bank regulators are exploring the feasibility of fast, low-cost digital cross-border financial transactions. An internal RBI working group is actively studying the technological aspects to create a roadmap for direct cross-border transactions between countries.

BRS and Congress are two sides of the same coin: BJP Chief J P Nadda

BRS and Congress are two sides of the same coin: BJP Chief J P Nadda

National President of Bhartiya Janata Party (BJP), J P Nadda, attacked the ruling Bharat Rashtra Samithi (BRS) and urged the voters in Telangana to "sink the BRS" just as the "pillars of the Kaleshwaram project sunk due to corruption." The BJP leader compared BRS with the Congress party and said that the two were the two sides of the same coin, according to a Deccan Chronicle (DC) report.

The BJP leader reiterated his party's promise of making a candidate from the backward class the chief minister of Telangana.

Netweb Technologies partners with Nvidia to boost AI infra in India

Netweb Technologies partners with Nvidia to boost AI infra in India

Faridabad-based Netweb Technologies on Tuesday announced that it is partnering with American chip giant Nvidia to boost artificial intelligence (AI) infra in India and make high-end computing applications. It will be Nvidia's manufacturing partner for the NVIDIA Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs.

Netweb will build and produce more than ten server variations under its Tyrone range of AI systems.

Centre giving Rs 6,080 cr for railways sector in Tamil Nadu: Vaishnaw

Centre giving Rs 6,080 cr for railways sector in Tamil Nadu: Vaishnaw

Union Minister Ashwini Vaishnaw on Monday asserted that the Central government has provided 6,080 crore rupees for the development of Tamil Nadu in the railway sector in the last one year.

Union Minister Ashwini Vaishnaw said, "Before 2014, when the UPA government was there, the allocation for Tamil Nadu used to be only 879 crores. PM Modi is today giving Rs 6,080 crores for the railway sector in Tamil Nadu.

Vodafone Idea likely to miss December deadline to raise funds: Report

Vodafone Idea likely to miss December deadline to raise funds: Report

As it fails to finalise a deal with investors, Vodafone Idea (Vi) is likely to miss the December deadline to raise fresh funds, The Economic Times (ET) reported. However, it is in talks with the Export-Import Bank (Exim) of the US to raise capital for procuring equipment for its 5G network.

The delay in plans to raise fresh funds is crippling the telco's plan to launch its 5G services.

Not involved in collapsed Uttarakhand tunnel's construction: Adani Group

Not involved in collapsed Uttarakhand tunnel's construction: Adani Group

The Adani Group on Monday issued a statement saying that none of its subsidiaries were involved in the construction of the collapsed tunnel in Uttarakhand. The conglomerate marked the allegations, which stated it held shares in a company that constructed the tunnel as "nefarious".

This comes after former Member of Rajya Sabha Subramanian Swamy said in a post on social media platform X.

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