The plan of launching Vande Bharat sleeper coaches has hit a roadblock as the Russian and Indian consortium partners that won the Rs 40,000-crore supply and maintenance contract are caught in an ownership dispute, The Economic Times (ET) reports.

A senior official of Russia's locomotive manufacturer, TMH Group, told ET that its partner, Rail Vikas Nigam Ltd is pushing for a higher stake in the joint venture (JV) and to resolve the situation, the group has reached out to senior government officials with their concerns.

Heavy overnight rains lashed the city and its suburbs, prompting authorities to declare a holiday for schools on Monday.

International flight operations at the airport were affected as around 10 incoming flights, including from Doha and Dubai were diverted to Bengaluru, subsequently affecting departure as well.

The Indian Army rescued 300 more tourists who were stranded in North Sikkim district due to landslides and roadblocks, an official statement said.

The troops of Striking Lion Division, Trishakti Corps on Sunday assisted 300 stranded tourists at Chungthang in North Sikkim to cross over the temporary bridge for further move towards the state capital Gangtok, it said.

The CBI on Friday conducted searches at 25 locations in connection with an FIR registered against 21 officials of the BSNL, including a former general manager, officials said.

The premier investigative agency alleged that the accused officials entered into a conspiracy with a contractor to cheat the Bharat Sanchar Nigam Limited (BSNL).

India recorded 108 new coronavirus cases, raising the tally to 4.49 crore, while the active cases decreased to 1,983, the Union Health Ministry said on Saturday.

The death toll due to the viral disease stood at 5,31,893, according to data updated by the ministry at 8 am.

Russia has already stationed a first batch of tactical nuclear weapons in Belarus, Russian President Vladimir Putin was quoted by a media outlet as saying.

Putin made the remarks during his speech at St Petersburg International Economic Forum. He told the forum that they (tactical nuclear weapons) would only be used if Russian territory or state was threatened, the BBC reported.

Gold price rose Rs 440 in Saturday's early trade with 10 grams of the yellow metal (24-carat) trading at Rs 60,110, according to the GoodReturns website. Silver price was unchanged, with 1 kg of the precious metal selling at Rs 73,100.

The price of ten grams of 22-carat gold increased by Rs 400 to Rs 55,100.

The Uttar Pradesh (UP) government will invest nearly Rs. 10,500 crore in a greenfield 1,320 megawatt (Mw) thermal power project in Etah district of Western UP.

The Jawaharpur thermal power project, comprising two units of 660 mw each and thus totalling 1,320 mw, will help the UP government in meeting the rising power demand, which has already touched 26,000 Mw during summer. The plant has already been delayed by more than two years now and the state is making all out efforts to expedite its synchronisation.

IndiGo's CEO Pieter Elbers while speaking on the surge in airfares across India said that these fluctuations are likely to continue, according to an Economic Times (ET) report.

Elbers attributed these fluctuations to disruption in capacity caused by Go First's flights being suspended. However, he called it a temporary disruption in the capacity as well as in pricing and said the prices are stabilising now.

Foxconn, known to be the contract manufacturer of iPhones in India, is looking to make electric vehicles (EVs) in the country and is directly in talks with several state governments regarding the same, The Economic Times (ET) reported on Friday.

The company is keen on setting up its plant in Maharashtra, but due to some challenges, it may consider Tamil Nadu as its auto manufacturing hub. Foxconn already manufactures iPhones in Chennai.

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