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L&T Construction bags major contract to build two units of Kudankulam plant

L&T Construction bags major contract to build two units of Kudankulam plant

The construction arm of L&T has bagged a contract from the Nuclear Power Corporation of India Limited (NPCIL) for civil work at the main plant of Kudankulam Nuclear Power Plant's units 5&6 (KNPP 5&6 – 2X1000 MWe) .

While the company did not disclose the value of the order, it generally classifies as significant, if the value is in the range of around Rs 1,000-2,500 crore.

Repco Home, PNB Housing Finance soar up to 18%, hit 52-week highs

Repco Home, PNB Housing Finance soar up to 18%, hit 52-week highs

Shares of Repco Home Finance and PNB Housing Finance rallied by up to 18 per cent, hitting their respective 52-week highs on the BSE in intra-day trade on Thursday, in an otherwise weak market, amid heavy volumes.

LIC Housing Finance, GIC Housing Finance and Can Fin Homes were among other housing finance companies (HFCs) that too hit their respective 52-week highs in intra-day trade today as they gained between 4 per cent and 5 per cent.

Paytm Money opens F&O trading, receives over 100,000 early access requests

Paytm Money opens F&O trading, receives over 100,000 early access requests

India's homegrown digital financial services platform Paytm on Thursday announced that its wholly-owned subsidiary Paytm Money has opened Futures & Options trading for all. It aims to empower the masses with F&O trading as an important wealth management product.

The company said that it received an overwhelming response for F&O trading on its platform with over 1 lakh requests for its Early Access Program.

Facebook fined $8.45 mn in Italy over improper use of subscribers' data

Facebook fined $8.45 mn in Italy over improper use of subscribers' data

Italy's competition watchdog has fined social networking giant Facebook seven million euros ($8.45 million) for failing to comply with a previous order related to improper use of its subscribers' data.

After an investigation, the Italian Competition Authority (AGCM) said on Wednesday that it had found that Facebook Inc. and its subsidiary Facebook Ireland Ltd. did not implement a 2018 order requiring them to dismiss an incorrect practice in the use of users' data, nor did they publish a corrective declaration requested by the watchdog, Xinhua news agency reported.

Kamala Harris's name should not be used for commercial purpose: White House

Kamala Harris's name should not be used for commercial purpose: White House

US Vice President Kamala Harris and her family will uphold the highest ethical standards, her spokesperson said, asserting that it is the policy of the White House that her name should not be used in connection with any commercial activity.

The statement comes following media reports that the White House has asked Meena Harris, niece of the vice president, to stop using her aunt to boost her brand.

India issues new Covid-19 SOPs for travellers from UK, S Africa, Brazil

India issues new Covid-19 SOPs for travellers from UK, S Africa, Brazil

All international travellers coming/transiting from flights originating from the United Kingdom, Europe and the Middle East will be required to declare their travel history of past 14 days, the Central government said in its standard operating procedure (SOP) on Wednesday.

According to the guidelines issued by the Centre for international arrivals, from February 23, the passengers will have to submit a self-declaration form (SDF) for COVID on the online Air Suvidha portal before the scheduled travel.

Bharti Airtel buys Warburg Pincus' 20% stake in DTH arm for Rs 3,126 crore

Bharti Airtel buys Warburg Pincus' 20% stake in DTH arm for Rs 3,126 crore

Bharti Airtel on Wednesday initiated the first step to unlock the value ofits digital businesses by setting up a special committee of its boardof directors.

Airtel said the committee would evaluate various options for the re-organisation of businesses and shareholding structure of the company and its various subsidiaries to achieve the required flexibility and sharper focus on digital and non-telecom businesses. This, it said, would enable any unlocking of enhanced value for its stakeholders.

Covid-19 pandemic: Plasma therapy gets thumbs down from expert panel

Covid-19 pandemic: Plasma therapy gets thumbs down from expert panel

Convalescent plasma (plasma-derived therapy) from Covid-19 patients and products derived from it have failed to get a thumbs up from the expert panel advising the Indian drug regulator on Covid vaccines and drugs.

The subject expert committee (SEC) noted recently that clinical trials on convalescent plasma in Mumbai’s Wock­hardt Hospitals and on hyperimmune globulins by Intas Pharmaceuticals (Intas) have not shown any remarkable difference in efficacy between the treatment and control arms.

Farmers gear up for 'Rail Roko' on Feb 18, railways deploys additional RPSF companies

Farmers gear up for 'Rail Roko' on Feb 18, railways deploys additional RPSF companies

Bharatiya Kisan Union (BKU) leader Rakesh Tikait on Wednesday announced that the farmer groups protesting against the Centre's new farm laws will be holding a 'rail roko' (railway blockade) across the country on Thursday. The protest will be staged from 12 pm to 4 pm.

A release issued by Northern Railway said that due to the farmers' agitation in Punjab, the Darbhanga-Amritsar Express special train, which was to start on Wednesday, will remain cancelled.

Amit Shah to visit poll-bound Bengal today to flag off 5th phase of 'Poriborton Yatra'

Amit Shah to visit poll-bound Bengal today to flag off 5th phase of 'Poriborton Yatra'

Union Home Minister Amit Shah will visit poll-bound West Bengal on Thursday to flag off the party's fifth and final phase of 'Poriborton Yatra'.

In a press statement, BJP Rajya Sabha member and media in-charge Anil Baluni said that during his two-day stay, Shah will flag off the Poriborton Yatra from the Indira Maidan in Kakdwip in South 24 Parganas district on Thursday.

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