Sanjay Kumar, Author at Ultra News

Real Estate player Sobha enters Gujarat with 500-cr GIFT project

Real Estate player Sobha enters Gujarat with 500-cr GIFT project

On 2018-04-16 by Sanjay Kumar

Bangalore-based real estate player Sobha Ltd said it will enter the Gujarat market with a Rs 500-cr residential project in GIFT City in Ahmedabad. The project will have about 1,000 apartments that to support the ‘walk to work’ concept underlying the smart…

Continue Reading

Punj Lloyd, Adani tie up with Rave Gears USA to manufacture helicopter parts

Punj Lloyd, Adani tie up with Rave Gears USA to manufacture helicopter parts

On 2018-04-12 by Sanjay Kumar

Punj Lloyd, Rave Gears (USA) and Adani Group said they will set up a joint venture to manufacture helicopter parts. The collaboration will use the manufacturing base in India for exports to global OEMs, both in the military and civil aerospace domain,…

Continue Reading

Mahindra chosen as Indian partner for Japan’s ShinMaywa US-2 aircraft

Mahindra chosen as Indian partner for Japan’s ShinMaywa US-2 aircraft

On 2018-04-11 by Sanjay Kumar

Mahindra Defence, part of the Mahindra Group, has been selected as the local partner for Japanese aircraft maker ShinMaywa’s manufacturing and related operations for its US-2 seaplane in India. The amphibious aircraft can be used for both civilian and military purposes and…

Continue Reading

AU Small Finance Bank offers 6.5% interest on high-value savings deposits

AU Small Finance Bank offers 6.5% interest on high-value savings deposits

On 2018-04-10 by Sanjay Kumar

AU Small Finance Bank, which was formed a little over two years ago, said it has started offering interest of 6.5% for its savings account holders with balance above Rs 1 lakh. This makes the bank the only one to offer such…

Continue Reading

Suzuki starts exporting vehicles from its fully owned plant in India

Suzuki starts exporting vehicles from its fully owned plant in India

On 2018-04-10 by Sanjay Kumar

Japan’s Suzuki Motor Corp said it has started exporting vehicles from its recently established 100% Indian unit Suzuki Motor Gujarat Pvt Ltd. The first model to be shipped was the new Swift, destined for the South African market, the company said. “This…

Continue Reading

Core sector IIP rises 5.3% in February 2018

Core sector IIP rises 5.3% in February 2018

On 2018-04-02 by Sanjay Kumar

The core sector growth in India’s Index of Industrial Production was at 5.3% for February 2018, the government said today. In January, the growth was 6.1%. The highest growth was seen in refinery output (7.8%) and cement (22.9%), while crude oil and…

Comments Off

Continue Reading

L&T to build Rs 1,400 cr, six-lane bridge across Hooghly in Kalyani, Kolkata

L&T to build Rs 1,400 cr, six-lane bridge across Hooghly in Kalyani, Kolkata

On 2018-03-28 by Sanjay Kumar

Construction major Larsen & Tourbro said it has won a Rs 1,3960-cr contract from the West Bengal government to build a six-lane bridge across river Hooghly on the northern border of Calcutta. The bridge will built at Kalyani, which forms the northern most…

Comments Off

Continue Reading

82% of landowners accept compensation for Jaitapur Nuclear Power Plant

82% of landowners accept compensation for Jaitapur Nuclear Power Plant

On 2018-03-21 by Sanjay Kumar

Around 82.5% of the landowners at the site of the upcoming Jaitapur Nuclear Power Plant in Maharashtra have agreed to receive compensation under the project, the ministry of atomic energy said today. Out of 2,236 people whose land needs to be acquired…

Comments Off

Continue Reading

Center abandons plan for a national skills university

Center abandons plan for a national skills university

On 2018-03-19 by Sanjay Kumar

The central government has abandoned its plans to set up a national skills university as well as a draft bill that was prepared for this purpose, the ministry of development and entrepreneurship said. Development of vocation skills, such as carpentry, electrician and…

Comments Off

Continue Reading

Radio Mirchi to launch in Bahrain

Radio Mirchi to launch in Bahrain

On 2018-03-18 by Sanjay Kumar

Radio Mirchi, the FM radio brand from the Times of India group, will soon launch in the Middle Eastern kingdom of Bahrain. Entertainment Network (India) Limited or ENIL, the entity that is in charge of the group’s radio operations, said it has…

Comments Off

Continue Reading

Suzlon completes execution of solar orders; to focus on solar+wind hybrid farms

Suzlon completes execution of solar orders; to focus on solar+wind hybrid farms

On 2018-03-15 by Sanjay Kumar

Suzlon Energy, one of the pioneers of wind power in India, said it has finished commissioning its entire solar order book of 340 megawatt, and will focus on hybrid solar-wind projects going forward. Out of the 340 MW erected, 210 MW was…

Comments Off

Continue Reading

Indigo, Go Air can use grounded planes after changing engines: Jayant Sinha

Indigo, Go Air can use grounded planes after changing engines: Jayant Sinha

On 2018-03-13 by Sanjay Kumar

Aviation minister Jayant Sinha said India’s largest airline Indigo and competitor Go Air can use their grounded planes if they are able to secure ‘alternative engines’ to be used in place of the faulty ones. “We do not consider these engines safe,”…

Comments Off

Continue Reading

L&T, BHEL tapped to roll out India’s indigenous nuclear power program

L&T, BHEL tapped to roll out India’s indigenous nuclear power program

On 2018-03-12 by Sanjay Kumar

Larsen & Toubro, India’s largest construction company, and BHEL, India’s largest supplier of power plant equipment, are among those tapped by the Nuclear Power Corporation for the rollout of the first large-scale nuclear power plants developed using Indian technology. While L&T said…

Comments Off

Continue Reading

India to create new policy for protection of domestic workers

India to create new policy for protection of domestic workers

On 2018-03-05 by Sanjay Kumar

The government of India today said was engaged in “discussions” to come up with a policy on domestic workers to them from exploitation and abuse. India currently has various laws to protect workers, but these tend to cover only those employed in…

Comments Off

Continue Reading

Reliance Infra gets nod to increase coal mining at Sasan Power Project

Reliance Infra gets nod to increase coal mining at Sasan Power Project

On 2018-02-27 by Sanjay Kumar

Reliance Infrastructure, the construction and infrastructure arm of the Anil Ambani Group, said it got permission from the ministry of coal to increase its coal mining by about 6%. Sasan Power Project “has received permission from the ministry of coal, government of…

Comments Off

Continue Reading

Thomas Cook hosts 5,000 students for 10 days for Khelo India School Games

Thomas Cook hosts 5,000 students for 10 days for Khelo India School Games

On 2018-02-13 by Sanjay Kumar

Thomas Cook, India’s largest travel services company, said it was chosen as the hospitality partner for government of India’s national school games that was held as part of the ‘Khelo India’ (Play India) program last week. Without disclosing the financial details of…

Comments Off

Continue Reading

Bharat Forge acquires stake in Pune-based Tork Motorcycles

Bharat Forge acquires stake in Pune-based Tork Motorcycles

On 2018-02-08 by Sanjay Kumar

Auto components maker Bharat Forge Ltd said it was buying a 45% stake in Tork Motorcycles at a cost of up to Rs 30 cr, taking yet another step towards adapting to the upcoming shift from internal combustion engines to electric vehicles….

Comments Off

Continue Reading

Zee’s WION inks distribution deals in UAE and Qatar

Zee’s WION inks distribution deals in UAE and Qatar

On 2018-02-06 by Sanjay Kumar

World Is One News, the only India-based television news channel with correspondents across the world, said it has signed up its first distributor in the Middle East in the form of Etisalat for the cable markets of UAE and Qatar. Besides Etisalat,…

Comments Off

Continue Reading

Budget 2018-19 proof of ‘fresh thinking’ on agriculture – Jain Irrigation

Budget 2018-19 proof of ‘fresh thinking’ on agriculture – Jain Irrigation

On 2018-02-02 by Sanjay Kumar

Jain Irrigation Systems, the country’s largest provider of drip irrigation and related equipment, said the budget for 2018-19 is likely to boost farmer incomes and benefit agricultural industries. It listed nine specific provisions in the budget that will have a benign effect…

Comments Off

Continue Reading

Maruti Suzuki auto sales growth falls to 4.8% in January as price hike bites

Maruti Suzuki auto sales growth falls to 4.8% in January as price hike bites

On 2018-02-01 by Sanjay Kumar

India’s largest carmaker Maruti Suzuki India said it sold a total of 1.51 lakh vehicles in January 2018, up 4.8% over the same period of last fiscal. The overall growth rate, and that seen in individual segments, is below the average for…

Comments Off

Continue Reading