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RDI scheme: India can't count on loans to set off an R&D boom

New Delhi, July 3 -- In the final budget for 2024-25, the government had announced a scheme with a corpus of Rs.1 trillion to promote research, development and innovation (RDI) in India's private sect... Read More


Illegal construction by AAP leader razed on NGT orders

BATHINDA, July 3 -- The Faridkot district administration on Wednesday demolished part of a restaurant, Shahi Haveli, owned by an Aam Aadmi Party (AAP) leader, Arsh Sachhar. Additional deputy commissi... Read More


Sonata Software stares at revenue dent as Microsoft eyes direct licence sales

New Delhi, July 3 -- A global technology giant's attempts to sell its software licences directly to clients might lead to an unexpected casualty in Sonata Software Ltd, which counts that tech company ... Read More


ONGC inks pact with Japan's Mitsui OSK for ethane carriers

New Delhi, July 3 -- State-owned Oil and Natural Gas Corporation (ONGC) has signed an agreement with Japan's Mitsui OSK Lines to enter into a partnership to build two very large ethane carriers that w... Read More


Reliance to transfer all consumer biz from Retail to new RCPL

New Delhi, July 3 -- Reliance Retail is transferring its consumer goods business to a new entity, Reliance Consumer Products Ltd (RCPL). As per the scheme filed before the NCLT, Reliance is transferin... Read More


Hazratganj revamp to bring back old-world charm

LUCKNOW, July 3 -- The Lucknow Development Authority (LDA) has received a budget of Rs.20 crore for the remodelling and beautification of Hazratganj area, often referred to as the heart of the city, v... Read More


Centre asks Assam govt to take action against officer over illegal forest land use

India, July 3 -- The union ministry of environment, forest and climate change (MoEFCC) has directed the Assam government to take action against a senior state official for allegedly allowing illegal c... Read More


Kerala: Kottayam medical college building collapses; 1 killed, probe on

India, July 3 -- One woman was killed and at least two others were injured when a portion of an old building at the Kottayam Government Medical College and Hospital caved in on Thursday, officials sai... Read More


25 Mhada employees face action for seeking political favour in transfers

India, July 3 -- The Maharashtra Housing and Area Development Authority (Mhada) has issued show cause notices to 25 Class III and IV employees for allegedly using political influence to secure favoura... Read More


Indian call centres scam UAE residents in fake forex scheme

Hyderabad, July 3 -- In a coordinated and deceptive scheme, Indian call centres are targeting United Arab Emirates (UAE) residents with fraudulent forex investment offers disguised as legitimate finan... Read More