Daily Archives: November 16, 2018

M&M plans Rs. 500-cr. EV unit in Pune

Mahindra Electric Mobility has opened a Rs. 100-crore electric technology manufacturing hub in Bengaluru and rolled out its lithium-ion three-wheeler range on Thursday. Branded under the umbrella of +ME technologies, the facility will make battery packs, power electronics and motor assembly which are an integral part of an electric power …

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‘Govt.-RBI stand-off not good situation’

Ahead of the much talked about board meeting of the central bank, RBI board member S. Gurumurthy Thursday said the stand-off between the government and the Reserve Bank was not a happy situation. The comment comes amid the ongoing rift between the Finance Ministry and the RBI over several issues, …

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Chandrika laments ‘betrayal’ by Sirisena

Speaking for the first time since Sri Lanka’s political turmoil began three weeks ago, former President Chandrika Kumaratunga said she regretted that some in her party were betraying the January 2015 mandate. “The country has reached a dangerous precipice of chaos, anarchy and breakdown of the rule of law,” she …

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India, China agree to expand military ties

India and China are set to expand their military ties, in tune with the spirit of the Wuhan informal summit between Chinese President Xi Jinping and Prime Minister Narendra Modi in April. During talks between visiting Defence Secretary Sanjay Mitra and his Chinese counterpart Shao Yuanming, both sides agreed to …

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May draws all-round flak in House

Hardliners rubbish Brexit deal as not securing the country’s sovereignty as promised Following the epic five-hour British Cabinet meeting, during which up to 10 Ministers were said to have expressed their reservations about the Brexit deal, Prime Minister Theresa May had on Wednesday announced that she had secured Cabinet backing …

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Himachal CM flags off ‘Startup Yatra’

Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday flagged off a “Startup Yatra”, saying the programme was aimed at turning the State’s educated youth into job providers from jobseekers. He said the State government would provide all possible help to the youth to develop entrepreneurship under the scheme. Source …

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Ramaphosa likely to be R-Day guest

Ramaphosa is likely to be the chief guest of the 2019 Republic Day ceremonies, an official source said on Thursday. Mr. Ramaphosa had hosted Prime Minister Narendra Modi during the BRICS summit in Johannesburg in July. He is also expected to take part in the Pravasi Bharatiya Divas, to be …

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4 Indian authors shortlisted for DSC Prize

Four Indian authors and two authors of Pakistani origin have made it to the shortlist of the $25,000 DSC Prize for South Asian Literature 2018. The names were announced at an event in the London School of Economics & Political Science on Wednesday. The shortlisted writers are Jayant Kaikini for …

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