Indian News

French energy group Total buys 20% stake in Adani Green Energy

Eco/Invest/Demography, Health       Jan 18, 2021

PARIS: French oil and energy group Total has agreed to buy a 20% minority stake in India’s Adani Green Energy Limited (AGEL) from Adani Group, as Total builds up its presence in the renewable energy sector. Total said on Monday that its purchase of the...

COVID-19: India records lowest fatalities in eight months

Eco/Invest/Demography, Non-Life, Pandemic       Jan 18, 2021

New Delhi: The daily coronavirus infections fell below 14,000 for the second time this month taking India''s COVID-19 caseload to 1,05,71,773, while 145 new fatalities were recorded, the lowest in around eight months, according to the Union Health Ministry data updated on Monday. A total...

DHFL resolution: Lenders approve Piramal''s $ 5 billion bid

  New Delhi: Debt-ridden mortgage lender DHFL Ltd, having exposures of banks and insurnace companies, on Sunday said the Committee of Creditors (CoC) has approved resolution plan submitted by Piramal Capital and Housing Finance Limited, a Piramal Group company. This was approved by the CoC in...

Vaccination: ''Wait and watch'' approach, CoWin app snags blamed for 53 pc turnout in Delhi on Day 1

Eco/Invest/Demography       Jan 17, 2021

  New Delhi: People adopting a "wait and watch" approach, lack of communication and glitches in CoWin app are the major reasons why only 53 per cent people got the COVID-19 shots on the first day in Delhi, experts said on Sunday. In Delhi, 4,319 healthcare...

Metropolis Healthcare to acquire Hitech Diagnostic Centre in a cash, stock deal

Eco/Invest/Demography, Health       Jan 17, 2021

  New Delhi: Diagnostic chain Metropolis Healthcare on Sunday said it will acquire Dr Ganesan''s Hitech Diagnostic Centre Pvt Ltd in a cash and stock combination deal, to strengthen its leadership position in southern India. The company''s board has approved the acquisition partly by way of...

2,24,301 beneficiaries given COVID-19 vaccine so far; 447 cases of adverse effect reported: Govt

New Delhi: A total of 2,24,301 beneficiaries have been inoculated with COVID-19 vaccine so far, out of which only 447 adverse events following immunisation (AEFI) were reported, the Union Health Ministry said on day two of the nationwide vaccination drive on Sunday. Addressing a press...

Parents of road accident victims entitled to compensation: Delhi HC

Eco/Invest/Demography, Non-Life       Jan 16, 2021

  New Delhi: Parents are dependent on their children at some stage of life and it would be inequitable to deny compensation to those who lost their ward in a road accident, the Delhi High Court has said. Justice J R Midha said even if parents...

EPFO settles 56.79 lakh COVID-19 advance claims, releases over Rs 14,000 cr till Dec

Eco/Invest/Demography, Pension       Jan 17, 2021

  New Delhi: Retirement fund body EPFO has settled 56.79 lakh COVID-19 non-refundable advance claims, and has disbursed Rs 14,310 crore till December 31, 2020, reflecting the adverse impact of the pandemic on the formal sector workforce. When the coronavirus-induced lockdown was imposed in March, the...

FPIs invest Rs 14,886 cr in first half of January

Eco/Invest/Demography, Health       Jan 17, 2021

  New Delhi: Foreign portfolio investors (FPI) put in Rs 14,866 crore in Indian markets in the first half of January with participants expecting strong third-quarter results by companies. As per depositories data, FPIs invested a net Rs 18,490 crore into equities but pulled out Rs...

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