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Free DTC bus ride for all! Kejriwal makes big promise for Delhi election 2020

Free DTC bus ride for all! Kejriwal makes big promise for Delhi election 2020

Making bus rides free for everyone and ensuring cleanliness in Delhi will be among the top agendas of the AAP if it is re-elected to power in the upcoming assembly elections, Delhi Chief Minister Arvind Kejriwal said on Thursday. Kejriwal also promised installation of water and sewer pipelines, advanced drainage system, construction of roads, and ‘mohalla’ clinics in all the unauthorised colonies of the city.

Mamata Banerjee urges students to continue their agitation against NRC, CAA

Mamata Banerjee urges students to continue their agitation against NRC, CAA

Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee urged the students community to remain united and continue their agitation against National Register of Citizens (NRC) and Citizenship Amendment Act (CAA).

Banerjee was speaking at a party rally from Rajabazar to Mullick bazar on Thursday.

Section 144 imposed in Uttar Pradesh amid CAA protests, internet suspended in 16 districts

Section 144 imposed in Uttar Pradesh amid CAA protests, internet suspended in 16 districts

In wake of protests against the Citizenship Amendment Act, the Uttar Pradesh administration has imposed Section 144 in the entire state as a preventive measure. Under the section, assembly of four or more people in an area is prohibited.

Internet services in several districts have also been suspended to curb the spread of fake information through social media. The affected districts include Bulandshahar, Agra, Sambhal, Bijnor, Saharanpur, Ghaziabad, Muzaffarnagar, Firozabad, Mathura, Shamli, and Aligarh.

Allahabad Bank jumps 11% as govt approves capital infusion of Rs 2,153 cr

Allahabad Bank jumps 11% as govt approves capital infusion of Rs 2,153 cr

Shares of Allahabad Bank bounced 10.98 per cent to Rs 19.70 per share on the BSE on Friday after the state-owned bank said the President has sanctioned fresh capital infusion of Rs 2,153 crore, to be released during the current financial year of 2019-20.

The President has sanctioned the release of fresh capital infusion fund of Rs 2,153 crore towards contribution of the Central Government in the preferential allotment of equity shares of the bank during the financial year 2019-20, as Government's investment, the bank said in an exchange filing, post-market hours, on Thursday.

With focus on NRC, CAA, govt wants to implement Hindu Rashtra: Chidambaram

With focus on NRC, CAA, govt wants to implement Hindu Rashtra: Chidambaram

Senior Congress leader P Chidambaram slammed the BJP on Thursday, saying with a focus on the National Population Register, Citizenship Amendment Act and a countrywide NRC, it wants to somehow implement its Hindu Rashtra project.

Speaking at a programme, organised by a Left-backed outfit, he also criticised the IIT Madras director over a German student, Jacob Lindenthal, being asked to leave the country allegedly because he had taken part in a protest against the CAA.

Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year

Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year

As the decade is coming to an end, it has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 in terms of the total funding raised by the start-ups.

This year start-ups raised $14.5 billion in 1185 funding rounds out of which 459 were Series A and late-stage investments, according to the ‘India Tech Annual Factsheet - 2019’ compiled by data analytics firm Tracxn.

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

Mukesh Ambani's Reliance Retail valued at $34 billion in share swap

A stock swap offer to help shareholders of billionaire Mukesh Ambani’s unlisted retail business monetize their investment has valued the unit at $34 billion.

Share owners in Reliance Retail Ltd. can exchange four shares for one of its listed parent Reliance Industries Ltd., according to a so-called scheme of arrangement posted on the group’s website.

Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs

Manappuram Finance to raise up to Rs 350 crore through issuance of NCDs

Manappuram Finance Ltd on Thursday said it plans to raise up to Rs 350 crore through issuance of non-convertible debentures on private placement basis.

The financial resources and management committee of the board of directors of the company on Thursday approved the issuance of rated, secured, redeemable non-convertible debentures having face value of Rs 10 lakh each for the amount of Rs 350 crores, Manappuram Finance said in a regulatory filing.

DoT to seek Trai's views on 5G; considers spectrum auction in 2020

DoT to seek Trai's views on 5G; considers spectrum auction in 2020

The Department of Telecom will soon seek sector regulator Trai's recommendations on pricing and other modalities for coveted 5G bands of 24.75-27.25 GHz, and wants to put this new spectrum up for auction sometime next year, sources said.

This new 5G chunk is separate from the Rs 5.22 trillion spectrum sale plan approved by the Digital Communications Commission on December 20, under which 8,300 MHz of airwaves across 22 circles are set to be put on block in March-April 2020.

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

Shares of Jet Airways (India) were locked in 5 per cent upper circuit for the seventh straight day at Rs 28.25 on the BSE on Thursday as the creditors of the shuttered airline decided to seek fresh initial bids for the airline. The stock is trading at its highest level since September 30, 2019.

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), according to a regulatory filing on Monday.

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