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DMRC seeks review of HC order on plea by DAMEPL in arbitral award case

DMRC seeks review of HC order on plea by DAMEPL in arbitral award case

The Delhi Metro Rail Corporation (DMRC) on Thursday told the Delhi High Court that attachment of its statutory expenses will result in immediate stoppage of the entire Metro network in the national capital, and urged the court to review its order passed on a plea by Delhi Airport Metro Express Pvt Ltd (DAMEPL) owned by Reliance Infrastructure.

DAMEPL has sought payment of unpaid dues by DMRC under a 2017 arbitral award.

Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi

Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi

Indian industrial giant Reliance is reviving a historic local cola brand with plans to use its vast retail network, slash prices and tap nationalist sentiment to challenge U.S. beverage giants PepsiCo and Coca-Cola in a key market.

Controlled by billionaire Mukesh Ambani, Reliance this month launched revamped Campa drinks, sugary sodas popular in India in the 1970s and 1980s before disappearing from shelves as the U.S. giants expanded rapidly in a liberalising economy.

NMDC hikes iron ore lump rate by Rs 100/tonne; fines Rs 200 per tonne

NMDC hikes iron ore lump rate by Rs 100/tonne; fines Rs 200 per tonne

State-owned NMDC on Tuesday said it has hiked price of iron ore lumps by Rs 100 to Rs 4,500 per tonne with immediate effect.

The country's largest iron ore miner has also increased rate of iron ore fines by Rs 200 to Rs 4,110/tonne, NMDC said in a regulatory filing.

Reliance planning hotels, resorts, lodging facility near Statue of Unity

Reliance planning hotels, resorts, lodging facility near Statue of Unity

Reliance's new company, Reliance SOU, is planning to develop hotels and resorts near the Statue of Unity in Gujarat's Kevadia, according to a report in The Economic Times (ET). According to the details available with the registrar of companies, Reliance's new firm will foray into the hospitality industry, engaging in hotels, resorts, and service apartments that will provide short-term lodging facilities. The company also plans to develop lodging facilities on houseboats, according to the report.

Situated along the banks of the Narmada River in Kevadia, the Statue of Unity is a remarkable structure.

Flipkart undertakes management rejig amid resignations, high costs: Report

Flipkart undertakes management rejig amid resignations, high costs: Report

Flipkart, the e-commerce giant owned by Walmart, has reportedly reshuffled executives at the vice-president level in some categories. According to a report in The Economic Times (ET), Ravish Sinha, senior VP at the firm has resigned. Sinha was in the company for 8 years and was the VP of engineering before taking up the role of SVP of supply chain.

The changes were notified to the employees of the firm via an internal note on January 30.

After LG's concerns, Centre asks Kejriwal govt to resubmit Delhi budget

After LG's concerns, Centre asks Kejriwal govt to resubmit Delhi budget

After Lieutenant Governor VK Saxena raised certain concerns of administrative nature on the proposed Budget regarding fiscal interest, the Union Ministry of Home Affairs (MHA) on Monday requested the Aam Aadmi Party (AAP)-led Delhi government to resubmit the Budget addressing these concerns for taking further action.

The reply from the Government of the National Capital Territory of Delhi is awaited for the last four days, said the MHA.

India will have more than 140 mn air passengers in FY 2024: Scindia

India will have more than 140 mn air passengers in FY 2024: Scindia

Union Minister of Civil Aviation and Steel Jyotiraditya M Scindia highlighted the various aspects of the development of the Indian aviation industry while addressing the CAPA India's Aviation Summit 2023 on Monday.

Addressing the event, Scindia said that there was a time when the airports were devoid of a single passenger and here, we are today when we have already crossed figures of 4.56 lakh domestic passengers in a day.

Liquor policy case: Delhi court to hear Manish Sisodia's bail plea today

Liquor policy case: Delhi court to hear Manish Sisodia's bail plea today

Delhi's Rouse Avenue Court on Tuesday will hear the bail petition of former Delhi Deputy Chief Minister Manish Sisodia who is currently in Enforcement Directorate (ED) custody in connection with the alleged irregularities in the framing and implementation of the excise policy of the national capital.

Sisodia was on Monday produced before the court virtually as presently he is in Custody of the Enforcement Directorate till March 22.

Delhi excise policy case: K Kavitha likely to appear before ED today

Delhi excise policy case: K Kavitha likely to appear before ED today

K. Kavitha, the daughter of Telangana Chief Minister K. Chandrasekhar Rao, is likely to join the second round of questioning by the Enforcement Directorate (ED) in connection with Delhi excise policy scam.

On Thursday, her second round of questioning had to be done which she skipped saying that she would reply through emails or question her at her own residence.

We will defeat BJP on all 80 seats: Akhilesh Yadav on 2024 Lok Sabha polls

We will defeat BJP on all 80 seats: Akhilesh Yadav on 2024 Lok Sabha polls

Samajwadi Party chief Akhilesh Yadav on Sunday said that Bharatiya Janata Party (BJP) will be "defeated" on all 80 seats in the state of Uttar Pradesh in the upcoming 2024 Lok Sabha polls.

He accused BJP of "not fulfilling" the promises that were made before the elections.

Addressing a press conference here in Kolkata, the SP chief said, "We will defeat BJP on all 80 seats in UP.

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