State-run BHEL Monday said it has bagged an order worth Rs 3,500 crore for setting up a 660 MW supercritical thermal power plant in West Bengal. The order by West Bengal Power Development Corporation (WBPDCL) entails setting up a 660 MW Sagardighi Thermal Power Project at Manigram village in Murshidabad district of West Bengal, BHEL said in a statement.

Regulator Sebi is planning to beef up its market surveillance system as well as its tool for speedy analysis of trade data, which identifies possible violations such as insider trading, share price manipulation and front running.

In this regard, Securities and Exchange Board of India (Sebi) has invited applications from the interested companies to provide IT services for the maintenance of its integrated market surveillance system (IMSS), data warehousing and business intelligence system (DWIBS).

The recently revised standard contract agreement for national highways Centrally-sponsored road works proposed to be implemented on EPC basis could lead to a decline in the pace of new project awards in the short to medium terms, with the pending land acquisition being a primary constraint, warns a report.

In a temporary relief to Anil Ambani’s Reliance Communications Ltd (RCom), pertaining to its spectrum deal with Reliance Jio Infocomm, the two companies have decided to extend the validity of the agreements to June 2019. The deal is hung in the air as the Department of Telecommunications (DoT) has refused to clear the deal over non-payment of dues by RCom.

State-run telecom operator BSNL’s financial performance continues to deteriorate but it can take some solace in being able to improve its record on the customer management front.

The company has managed to reverse customer attrition over the last 3-4 years, which it says is due to competitive plans and tariffs.

Continuing its winning streak for a fourth straight session Monday, the BSE benchmark Sensex surged over 150 points as investors maintained their bullish stance in early trade on positive cues from other Asian bourses.

Strengthening rupee also supported the upward move in the domestic stock market, dealers said.

Banks have seen a significant improvement in recovery of stressed assets helped by the Insolvency and Bankruptcy Code (IBC) and amendments in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, during FY18, according to the RBI data.

Subscribers of the retirement fund body EPFO may get an option in the new year to invest more of their savings in the equity market, besides a host of other social security benefits and digital tools to manage their funds.

At present, the Employees' Provident Fund Organisation (EPFO) invests up to 15 per cent of its investible deposits into the exchange-traded funds (ETFs) and so far such investments total about Rs 550 billion.

On December 28, the Government of India okayed India’s first human spaceflight programme at a cost of Rs 9,023 crore. The programme will attempt to launch three Indian astronauts to low-Earth orbit for as many as seven days. If the mission – slated to happen in 2022 – succeeds, India will become only the fourth country in the world able to launch astronauts into space.

NEW DELHI: Loose packaging such as coloured and black carry bags, disposable containers with aluminium coating and sweet boxes have emerged as major contaminants of packaged food, prompting the food regulator to come up with new regulation on food packaging.

Around 80% of food samples packed in coloured carry bags, 59% in black carry bags and over 24% in aluminium coated disposable containers and 21% in sweet boxes were found chemically contaminated

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