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Homegrown Gensol Engineering Limited on Tuesday announced bagging orders for EPC projects worth Rs 101.6 crore in Dubai. The Engineering, Procurement, and Construction (EPC) projects have been secured from Dubai Government Workshop Warehouse and Dubai Police, the company said in a statement. "Gensol Engineering announces its first international Solar EPC project in Dubai. Aggregating to a capacity of 14.08 MWp, these projects have a cumulative order value of Rs 101.6 crore, without taking taxes into account," it said.
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State-owned construction firm NBCC has received a Rs 66 crore order from the Indian Medical Association to plan and execute IMA House in the national capital. In a regulatory filing on Monday, NBCC said it bagged a project management consultancy work order worth Rs 66.32 crore from the Indian Medical Association (IMA). The scope of the order is "planning, designing and execution of IMA House" at Indraprastha, IP Estate, New Delhi. The contract is to be completed within 30 months.
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Maruti Suzuki India expects to invest around Rs 45,000 crore to double its production capacity to 40 lakh units annually in the next eight years, company Chairman RC Bhargava said on Tuesday. The company will also take up suggestions by shareholders for a stock split to its board for consideration, he said while speaking at the annual general meeting of the carmaker. As the global auto industry strives for carbon neutrality, he said Maruti Suzuki will also deal with a lot of technologies, including electric vehicles (EVs), hybrids, CNG, ethanol-blended and use of compressed biogas going forward as it is difficult to predict what will happen in the next eight to ten years in terms of new technologies.
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Indian IT services sector's revenue growth will slow down to 3 per cent in the current fiscal from 9.2 per cent in the previous financial year, a domestic ratings company said on Tuesday. Icra Ratings said the profitability will also take a beating in this financial year and the operating profit margin will narrow by up to 1 percentage point to 20-21 per cent. The topline growth will come down to 3-5 per cent in FY24 from the 9.2 per cent posted in FY23, the agency said, attributing the slowdown to softening demand.
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The one-day session of the Manipur Assembly was adjourned sine die within an hour of commencement after Congress MLAs created a ruckus demanding that the session be extended to five days. The opposition MLAs led by former chief minister Okram Ibobi Singh said one day was not enough to discuss the prevailing situation in the ethnic strife-torn state. All the 10 Kuki MLAs were absent from the House.
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As China officially released its latest edition of the "standard map," showing the state of Arunachal Pradesh and the Aksai Chin region as part of its territory, Shiv Sena (UBT) MP Sanjay Raut on Tuesday said that the Congress leader Rahul Gandhi's claims in Ladakh were true and that if the Central government has courage then it should do a surgical strike on the South-East Asian country. While speaking to reporters here in a press briefing, Raut said that Rahul Gandhi's claims that China has entered Pangong valley in Ladakh were true. "(Our Prime Minister Narendra Modi) recently attended the BRICS summit and greeted Xi Jinping. After that, comes the map of China. Rahul Gandhi's claim is true that China has entered the Pangong valley in Ladakh. China tries to enter Arunachal. If you (Central government) have courage then do a surgical strike on China," the Shiv Sena (UBT) leader said.
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A 20-member team of the Election Commission of India (ECI) will arrive in Aizawl on Tuesday on a two-day visit to review preparedness for the upcoming assembly elections in the state, officials said. The delegation will be headed by Chief Election Commissioner Rajiv Kumar. During its visit, the ECI team will meet the chief secretary, director general of police (DGP) and representatives of political parties. They will also interact with the state's icons, persons with disabilities (PwD) voters and youngsters, before holding a press conference on Thursday.
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AS Munavar Basha, General Secretary of Tamil Maanila Congress, on Tuesday said that the Cauvery dispute is "lingering on" as the state does not have a "bold" Chief Minister, remarks seen as a dig on MK Stalin. His reaction came a day after the Cauvery Water Regulation Committee (CWRC) passed an interim order to Karnataka to release 5,000 cusecs of water to Tamil Nadu daily for the next 15 days till September 2.
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The Islamabad High Court is set to announce its verdict on Tuesday on former Pakistan prime minister Imran Khan's plea seeking the suspension of his three-year jail term in the Toshakhana corruption case. A division bench comprising Islamabad High Court (IHC) Chief Justice Aamir Farooq and Justice Tariq Mehmood Jahangiri reserved the verdict after hearing both parties' counsels on Monday. The bench later said that the reserved judgment would be announced at 11:00 AM on Tuesday.
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The review meeting was attended by police commissioners, divisional commissioners, district magistrates, and police superintendents.
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The crucial one-day session of the Manipur Assembly on Tuesday is likely to hold a discussion on the state's prevailing situation of ethnic strife, though most of the Kuki MLAs, regardless of party affiliations, are likely to skip the session over safety concerns. Six of the ten MLAs from Kuki dominated areas have already sought leave of absence from the speaker of the assembly.
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Maharashtra Deputy Chief Minister Devendra Fadnavis has said the state secured the top rank in attracting Foreign Direct Investment worth Rs 36,634 crore which is more than the sum of investment received by Delhi, Karnataka and Telangana in the first quarter of FY 2023-24. Fadnavis also said he and Chief Minister Eknath Shinde had delivered on the promise made when their government took over in June last year of making Maharashtra the number one state of the country.
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Congress leader Rahul Gandhi is likely to visit Europe next month and meet European Commission lawmakers in Belgium besides addressing students at a university in Paris. He is also likely to address the Indian diaspora at an event in Oslo in early September, sources said. Notably, his visits abroad will come at a time when the crucial G20 Summit will be held from September 9 to 10 in the national capital. India currently holds the G20 presidency.
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Topics :ISROManipurDelhiNortheast IndiaPoliticsChandrayaan-3spaceTechnologyG20 MeetG20 summit
First Published: Aug 29 2023 | 8:24 AM IST