Novopan got itself delisted from the stock exchanges in November 2014, after buying back its shares from public shareholders.
Foreign pension funds and private equity funds were showing more interest in India’s highway road assets within the infrastructure space given the policy issues involved with various states in other infrastructure asset classes, Asheesh Sharma, member (finance), the National Highways Authority of India (NHAI) said.
SPV Foundation posts Rs 3 cr grant for bioscience research; TIFR scientist Vidita Vaidya bags research grant
Vidita’s Neurobiology lab at TIFR currently studies the molecular, epigenetic and cellular changes that contribute to persistent alterations in human behaviour. It also focusses on molecular and cellular adaptations that arise from sustained antidepressant treatment.
South Korean major Kia would launch a luxury multipurpose vehicle (MPV) early next year, which the company claims will be the first-of-its-kind on Indian roads.
Omkaram Venkata Ramana, who had stood personal guarantor to five firms that defaulted on Rs 38.66 crore of bank loans, filed the petition to initiate personal insolvency resolution process, which his counsel said would entitle him to an interim moratorium on all his liabilities.
TDP, known traditionally for its secular stand, in the recent general elections also attempted to polarise Muslim minority votes against its erstwhile saffron ally. The party, which was part of the BJP-led National Democratic Alliance (NDA) in the 2014 elections and shared power at both the Centre and the state, severed ties with the BJP in March last year.
The crisis in Telangana is a reflection of the precarious position of state-run bus operators in India, which have seen their losses swell every passing year. This is particularly worrying since buses undergird India’s public transport system, and cash-starved state governments and municipal corporations have done little to shore up the transport corps.
Countering the smear campaign carried out by the ruling YSR Congress government on the progress achieved at Amaravati, Naidu took the national media to various roads, buildings and trunk infrastructure built over 34,000 acres he had managed to obtain from farmers under land pooling.
A group of farmers who had surrendered their lands in 29 villages during Naidu’s regime under the land pooling model recently moved the Amaravati High Court against any move to shift the capital elsewhere.
Ahead of N Chandrababu Naidu's tour scheduled for Thursday, chief minister Reddy held a meeting of the Capital Region Development Authority on Monday, and ordered officials to resume construction works at Amaravati based on priorities and budgets. The state government has indirectly indicated that Amaravati would remain the capital, albeit in a pruned down version.
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