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Monthly Archives: November 2018

Mahindra First Choice Services to raise Rs. 125 cr.

Mahindra First Choice Services to raise Rs. 125 cr.

Mahindra First Choice Services (MFC), part of the $20.7 billion Mahindra group, is open to talks with strategic investors to raise Rs. 125 crore. “We need at least Rs. 125 crore to accelerate our expansion programme,” said CEO YVS.Vijaykumar. “The funds will be invested in technology and brand building.”He said …

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FinMin may stick to capital infusion plan for PSU banks

FinMin may stick to capital infusion plan for PSU banks

The Finance Ministry would not curtail its capital infusion plan for this financial year even as state-owned banks would be needing lesser funds following the Reserve Bank’s decision to defer the deadline to meet Basel III norms by a year, according to sources.Under the new dispensation, the capital infusion by …

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May defends Brexit deal

May defends Brexit deal

British Prime Minister Theresa May repeated her stand that Britain would not be able to get a better deal from the EU but declined to say whether she believes the controversial withdrawal deal would make Britain better off than it would without any deal.Earlier in the day, former Brexit Secretary …

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MPs challenge Rajapaksa in court

MPs challenge Rajapaksa in court

As many as 122 Sri Lankan lawmakers on Friday challenged former President Mahinda Rajapaksa at the court of appeal, asking on whose authority he occupied the ffice of the Prime Minister, after being voted out in the legislature.The case is likely to be heard early next week, legal sources told …

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Delhi gets new CS

Delhi gets new CS

Delhi’s Chief Electoral Officer Vijay Kumar Dev has been appointed as the new Chief Secretary in the Delhi government, according to an order of the Union Home Ministry.Mr. Dev, a 1987-batch IAS officer of the AGMUT cadre, takes over from Anshu Prakash, a 1986-batch officer of the same cadre, the …

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Note ban woes still rankle in farm belt

Note ban woes still rankle in farm belt

Congress president Rahul Gandhi’s repeated attacks on Prime Minister Narendra Modi over demonetisation at election meetings in Madhya Pradesh led the Prime Minister to declare that Mr. Gandhi’s party is yet to revive from the “shock” inflicted by the note ban.“Only the Congress and one family are still crying because …

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RTI request to see RTI Amendment Bill denied

RTI request to see RTI Amendment Bill denied

The Centre has denied a Right to Information (RTI) request for a copy of the Right to Information (Amendment) Bill 2018, which had been notified for introduction in the monsoon session of Parliament.The Bill sought to give the Centre power to set the tenure and salaries of State and Central …

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BSP’s prize catch in dargah town

BSP’s prize catch in dargah town

At first glance, Syed Ammad Chishti looks like an urban professional, juggling career and family. But the 26-year-old is the second member of the Khadim community here to contest an Assembly election.The community of nearly 800 families occupies a prominent position in the hierarchy of the famed 13th century dargah …

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India to study marijuana-derived drugs

India to study marijuana-derived drugs

Three major science administrators in India — the Council of Scientific and Industrial Research, the Indian Council for Medical Research and the Department of Biotechnolgy — are getting together to promote research in herbal drugs, some of which involve deriving new drugs from marijuana.Among the first such studies likely to …

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