Foundation stone laid in Greater Noida for a mega datacenter to come up

UP Chief Minister Yogi Adityanath laid the foundation stone in Greater Noida, for a Rs 6,000 crore data centre project that will help in boosting growth in the city, officials said.   The authority will earn Rs 110 crore revenue for the 20 acres of land. And in total, the developer will invest Rs 6,000 crore when the project is developed to its full capacity.   The project will create 500 jobs in its initial years, said officials.   The project work shall commence from January 2021 and it will be…

17 storyed multi-level automatic parking inaugurates in Delhi

New Delhi has witnessed the state-of-the-art 17-storyed multi-level automatic parking at Green Park Metro station was inaugurated recently. The facility has four 39.5 metre high towers, where 136 cars including 32 SUVs can be parked. Built on an 878 square metre (sqm) plot, the project cost is Rs 18.20 crore.   The parking was thrown open for the public at a digital ceremony by union power minister RK Singh which was also attended by Delhi lieutenant governor Anil Baijal, South Delhi Municipal Commissioner Gyanesh Bharti and south Delhi mayor Anamika Mithilesh.…

PM Modi pitches for One Nation, One Election

The concluding session of 80th All India Presiding Officers Conference via video conference was being addressed by PM Modi recently. On the occasion, Prime Minister Modi raised the pitch for “One Nation, One Election” and a single voter list for all polls in order to prevent the impact of the model code of conduct on development works every few months due to frequent spread-out polls.   Apart from these two issues, the PM also asked the presiding officers attending the meet to apply their mind to simplify the language of statute books and allow for an easier process to weed…

“NR Narayana Murthy to Chair the jury to select the first ever TiE Global Entrepreneurship Awards”

TiE Global Entrepreneurship Awards are designed to honour the outstanding entrepreneurs for their stellar performance and recognising the key ecosystem stakeholders for their contribution to the start-up innovation, entrepreneurship development and investment climate. This initiative is in live with TiE’s mission of Fostering Entrepreneurship. Mahavir Sharma, TiE Global Chair says that TiE has been working with entrepreneurs for almost 30 years to promote entrepreneurship. I am happy that we finally decided to recognise these stellar individuals and organisations who are making entrepreneurship not only possible but also accessible to anyone…

2025 can see India with $1 tn economic value using digital tech: Kant

Niti Aayog CEO Amitabh Kant was attending a virtual event organised by industry body FICCI. Addressing the attendees he said, digital infrastructure has become indispensable to the functioning of society and India can create USD 1 trillion of economic value using digital technology by 2025.   The COVID-19 pandemic has provided an impetus to the ever-expanding digital infrastructure.   “Digital infrastructure has become indispensable to the functioning of society… India can create USD 1 trillion of economic value using digital technology by 2025,” Kant said. He further added that digital…

Covid 19 has taken the life of Senior most Congress leader Ahmed Patel

Congress veteran Ahmed Patel passes away, who was hospitalised after testing positive for coronavirus last month, passed away in early hours of Wednesday aged 71 due to multiple organ failures, his son Faisal tweeted.   Ahmed Patel had been at Medanta Hospital since his health worsened after a Covid infection. In a tweet at around 4 am, his son, Faisal Patel, said that the Rajya Sabha MP from Gujarat died at 3.30 am.   Mourning the death of Mr Patel, Congress chief Sonia Gandhi said she has lost an “irreplaceable comrade, a faithful…

GST dept arrests a businessman for the fraud of Rs 2,100 crore

The Maharashtra Department of Goods and Services Tax (GST) has arrested a Mumbai-based businessman for allegedly defrauding the State by issuing bogus invoices worth Rs 2,100 crore and claiming inout tax credit (ITC) worth Rs 185 crore. The accused alledgely floated 30 companies to issue invoices of Rs 2,100 crore without having any actual business or production and based on that he passed ITC worth Rs 185 crore.   The accussed has been identified as Dilipkumar Rangopal Tibrewal , who is said to be Director of Augst Overseas Private Limited,…

26% FDI cap on Digital News Media, raises many questions

The recent announcement on a 26 per cent limit on foreign direct investment in the digital media sector can hamper its growth potential, this may lead to an unfair advantage for global players, according to digital news companies and experts.   The Ministry of Information and Broadcasting, on November 16, issued a public notice asking “entities involved in uploading/streaming of news and current affairs through digital media, to comply with the decision of Union Government on September 18, 2019, which had permitted 26 per cent FDI under government-approval route”, that…

PM Modi chairs a meeting with the CM to review COVID status

PM Modi has decided to chair a meeting with the CMs of the respective states via video conferencing, looking at the increasing cases graph in the country. During the day-long meeting with the chief ministers, PM Modi will review the Covid situation and as per their suggestions, a possible decision is awaited to be taken.   Earlier a few states have partially announced lockdowns by imposing night curfews and Section 144, it is possible that PM Modi might announce another lockdown in states where the cases are rising at a…

132 crore Indians must file chargesheets against Modi,says KTR

TRS working president K.T. Rama Rao on Sunday spit fire at Union environment, and information and broadcasting minister Prakash Javadekar for releasing a charge-sheet with 132 charges against the K. Chandrashekar Rao-led state government.   Rama Rao said, “over 132 crore charge-sheets should be filed against the BJP for failing to give Rs 15 lakh to each Indian, as had been promised during the run-up to the 2014 Lok Sabha elections. Another 12 crore charge-sheets should be filed against the BJP by youth of this country for not creating two…