Hyderabad: Kerala-based textiles company Kitex Group will invest Rs 2,400 crore in Telangana to set up two integrated apparel manufacturing clusters. The group, which had announced Rs 1,000 crore investment in July, has expanded its investment plans. As per the MoU signed with the government of Telangana on Saturday, Kitex will set up integrated fibre […]
HYDERABAD: The Telangana government on Friday said the Kerala based Kitex Group would be investing Rs 1000 crore for setting up a facility in Kakatiya Mega Textile Park in Warangal. A delegation from Kitex group, led by its Chairman and Managing Director Sabu M Jacob, met IT and Industries Minister KT Rama Rao here and […]
Kochi : The Tamil Nadu government officially invited Kitex company to start business in their state. They also put forward several offers to the company. Tamil Nadu has invited Kitex Group soon after the company withdrew from a Rs 3500 crore worth project in Kerala.Kitex MD Sabu Jacob had alleged that the Kerala government has […]
– Plans to Inoculate Maximum Mumbaikars MUMBAI, India, March 16, 2021 /PRNewswire/ — With the COVID-19 vaccination drive for senior citizens and those aged over 45 years with comorbidities intensifying nationwide, Saifee Hospital, a multi-specialty healthcare facility in Mumbai, is expected to vaccinate maximum people by March. As a COVID-19 centre, Saifee is among the […]
P.R. Krishnakumar, Chancellor of Avinashilingam Institute for Home Science and Higher Education for Women, Coimbatore, and the managing director of the Arya Vaidya Pharmacy (Coimbatore) Limited, died of COVID-19 in Coimbatore late on Wednesday. He was 69.A recipient of Padma Shri, who played a major role in the preparation of the Ayush protocol, Krishnakumar was […]
Mumbai, Reserve Bank Governor Shaktikanta Das will address the media at 10 am on Friday amidst the steep fall in the rupee and the continuing volatility in other segments of the financial markets. The rupee fell 0.55 per cent to a new record low of 76.86 against the US dollar on Thursday, while the equity […]
Mumbai, The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind. The Reserve Bank of India (RBI) cut repo […]
In a bid to revive ailing state-run telecom companies Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL), the government has announced that the cabinet has given in-principal nod to merge both companies. Telecom Minister Ravi Shankar Prasad said that while the merger will take time, MTNL will be a subsidiary of BSNL […]
Mumbai, The Indian rupee opened 5 paise higher at 71.38 against the US dollar in early trade on Thursday tracking positive opening in domestic equities and foreign fund inflows. Forex traders said rupee was trading in a narrow range as market participants remained cautious ahead of the Brexit summit scheduled later this week and on […]
Mumbai, The rupee depreciated by 26 paise to 70.18 against the US dollar in early trade Monday amid US-China trade related concerns and rising crude oil prices. Forex traders said the strengthening of the greenback vis-a-vis other currencies overseas, foreign fund outflows and cautious opening in domestic equities added pressure to the domestic unit. At […]