Guwahati, the epicentre of anti-Citizenship (Amendment) Bill protests, was placed under indefinite curfew on December 11.The Army was called in at four places and Assam Rifles personnel were deployed in Tripura on December 11 as the two Northeast states plunged into chaos over the hugely emotive Bill, reports suggest.Army PRO Lt Col P Khongsai said that two Army columns have been deployed in Guwahati and were carrying out flag marches. The Army has also been deployed in Tinsukia, Dibrugarh and Jorhat districts, news agency PTI quoted officials as saying.Close Also read: Citizenship (Amendment) Bill 2019 passes muster in Rajya Sabha related news India's strength is secular democracy; protecting rights of minority communities: Congressman Bera India needs to demonstrate willingness to become part of global supply chain: US Fomer US Prez Dwight Eisenhower wanted to support India for its own right as a democracy: Richard Verma Protesters target Assam CM’s houseCurfew was … [Read more...] about Assam witnesses massive protests against Citizenship (Amendment) Bill; Army deployed, curfew imposed
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Will it be ‘third time lucky’ for Richard Branson in Mumbai? The founder of British airline Virgin Atlantic surely hopes so. In October, the carrier for the third time in its 20-year history in India, launched services between Mumbai and London.Virgin Atlantic first pulled back from Mumbai in 2008. Four years later, it relaunched with much fanfare only to pull back in 2015. All the while, Virgin Atlantic continued with its Delhi-London flights. The British capital is the busiest long haul destination from India. While giving out hope that there won't be a fourth time, Branson underlined that it was an opportune time for his airline to come back to Mumbai. His colleague Juha Jarvinen, EVP, Commercial, explained: "In the last five years, the market in Mumbai has grown by 25 percent. And, despite Virgin Atlantic launching services, the capacity in the Mumbai-London route is still down 35-40 percent (compared to 2018)." The opportunity has come up after Jet Airways, which … [Read more...] about Mumbai calling for Virgin Atlantic: Will it be ‘third time lucky’ for Richard Branson?
Prince Mathews ThomasMoneycontrolUnion Budget 2018 should have been welcomed by farmers with rounds of milk or buttermilk, depending on the region. But that may not necessarily be so.Focusing on rural India, Finance Minister Arun Jaitley on Thursday announced a minimum support price 1.5 times the cost of production for the crops. Coming a year after the government promised doubling farm prices by 2022, the increased MSP was seen as a step towards meeting that target.Close But there are a few hiccups. related news Recap 2019 | 481 deals worth $43.5 billion - Here are the biggest M&As signed this year McLaren looks to India to expand exotic car sales ahead of 2025 IPO After year of living dangerously, Fed expected to signal time to lie low First, and this has been a long-held grievance, farmers aren't happy about the the method government uses to calculate cost of production. The government includes operational expenses (inputs costs and family labour) while … [Read more...] about Budget 2018: Here’s why a higher MSP doesn’t cheer many
The much-tracked auction of Bhushan Steel saw a flurry of activity as the bid deadline got over at 6pm on Saturday, February 3.JSW Steel, Tata Steel and a consortium of Bhushan Steel's employees, possibly backed by a Singapore-based fund, have put in bids for the troubled steel maker.The company, which had accumulated debt of over Rs 50,000 crore, had been put up for auction by the National Company Law Tribunal (NCLT). The bids were submitted on Saturday at the Gurgaon office of Deloitte, whose Vijaykumar V Iyer is the IRP (insolvency resolution professional) for Bhushan Steel.Close It is learnt that other companies such as ArcelorMittal, UK-based Liberty House and Steel Authority of India, who had earlier submitted expressions of interest, did not submit bids for the company. "The company hasn't submitted a bid," said a source close to Liberty House, owned by NRI billionaire Sanjeev Gupta. related news Pharma market grows 14.5% in November, respiratory drugs lead Future … [Read more...] about Bhushan Steel auction: Tata Steel, JSW Steel and company’s own employees submit bids
Bids for troubled steelmaker Bhushan Steel will open today, marking the next round in the race that includes JSW Steel and Tata Steel. Employees of Bhushan Steel have also put in a bid and are reportedly backed by a private fund.The bids, which were submitted on February 3, will be opened in Deloitte's Gurgaon office. Deloitte's Vijaykumar V Iyer is the IRP (insolvency resolution professional) for Bhushan Steel."The bids will be opened in front of the representatives of the bidders. And then the bids will be sent to the Committee of Creditors (CoC). We don't expect an official statement today," said an executive from one of the bidding companies.Close Once the CoC admits the bids, the Committee will consider the resolution plans of the interested parties. related news McLaren looks to India to expand exotic car sales ahead of 2025 IPO After year of living dangerously, Fed expected to signal time to lie low India's fuel demand growth hits 23-month high in November … [Read more...] about Bhushan Steel bids to open today; JSW Steel, Tata Steel, Bhushan employees in fray