The move will help expand cross-border sale of electricity by India manifold. Currently, cross-border interconnections exist with Nepal, Bangladesh, Bhutan and Myanmar, and these facilitate total power transfer of about 4,423 mega watt (MW).
The 14 countries that are part of IPEF include India, Australia, the US, Japan, Fiji, Korea, New Zealand, Singapore and Thailand, and make up for 40% of global gross domestic product and about a third of global goods and services trade.
It is likely that apart from iPhone, once Tata Group takes over the Karnataka plant, other new Apple products could also be assembled from the unit.
“As result of the overall growth of all businesses, the company’s market cap has remarkably increased to about a billion dollars from a low of under $100 million in March 2018,” the board said.
Mining magnate Anil Agarwal’s conglomerate on Friday announced a major business shake-up, with flagship Vedanta approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities.
Malaysia will talk to the Indian government to find a “best solution” over the South Asian country’s rice export restrictions, Malaysia’s agriculture minister said on Monday, amid concerns over rising prices and supply shortages.
Murtaza Khan Kashi, owner of houseboat Selec Town, will deliver packages every day to customers at the doorstep of their houseboats as part of the onboarding.
Defying a weak trend in the global markets, the 30-share BSE Sensex climbed 339.60 points or 0.52 per cent to settle at its new all-time closing high of 65,785.64.
CBIC chief Sanjay Kumar Agarwal on Thursday said increased monthly GST collections are mainly on account of higher compliance, and the GST Council’s decision to tighten return filing and registration process would help reduce fake ITC claims in evasion prone sectors, including iron and steel.
Maruti Suzuki India (MSI) also reported its best-ever domestic monthly dispatches in October at 1,77,266 units, up 21 per cent from 1,47,072 units in the year-ago period.