Allahabad Bank has outstanding exposure of Rs 516.79 cr in Rotomac group

Kolkata, Feb 21 : State-run Allahabad Bank on Wednesday said it has an exposure of Rs 516.79 crore to debt-laden Rotomac group as on January end and the lender has the required provision for the same as per RBI norms. According to a regulatory filing, the bank said it has an outstanding of Rs 43.09 […]

Delhi to get first government innovation centre

New Delhi, Feb 21 : An innovation centre will be set up in the city soon order to promote entrepreneurial potential in the youth, the Delhi government said on Wednesday. An official statement said Deputy Chief Minister Manish Sisodia had approved the setting up of the centre at the Delhi Emporium on Baba Kharag Singh […]

Telangana plans to use Google X technology for connectivity

Hyderabad, Feb 21 : The Telangana government is keen to use Free Space Optical Communications (FSOC) technology of Google X to provide internet access to people in parts of the state, officials said on Wednesday. The state government officials discussed the proposal with Tom Moore, Vice President, Google X on the sidelines of the World […]

New Goa policy may shift casinos to ‘entertainment zone’

Panaji, Feb 21 : The Goa government is drafting a policy, which may eventually lead to relocation of Goa’s casinos to an entertainment zone near an upcoming airport project, Public Works Development Sudin Dhavalikar told the Goa Legislative Assembly on Wednesday. “On casinos, we have made a policy. Where the airport (project) is…some lands have […]

OMC to provide bauxite to Vedanta in Odisha

Bhubaneswar, Feb 21 : The Odisha Cabinet on Wednesday amended a long-term linkage policy to facilitate Vedanta company to source bauxite from the Odisha Mining Corporation (OMC) to run a refinery and smelter plants in the state. “The Cabinet decision will enable Vedanta Limited, which has set up an alumina refinery and aluminium smelter in […]