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Health hijacked

Sunday, 10 Dec 2017 | SUNDAY PIONEER | in Sunday Pioneer

Healthcare in India is in a mess with no corrective lead being taken by the Government. Death due to negligence, wanton overpricing by private hospitals, crass commercialisation of the medical profession and limited infrastructure are just some of the many ills facing the medical field. SUNDAY PIONEER brings you two...

Govt to soon unveil policy on methanol blending in petrol

Sunday, 10 Dec 2017 | PNS | Mumbai | in Sunday Pioneer

Union Roads Minister Nitin Gadkari on Saturday said the Government will be soon announcing a policy which calls for 15 per cent blending of methanol in petrol to make it cheaper and also reduce pollution. “In the upcoming Parliament session, I am announcing a policy of blending 15 per cent methanol...

24 cos to invest Rs 60,000 cr in JNPT SEZ, says Gadkari

Sunday, 10 Dec 2017 | PNS | MUMBAI | in Sunday Pioneer

Union Shipping and Ports Minister Nitin Gadkari on Saturday said 24 companies have offered to invest over Rs 60,000 crore in a special economic zone adjoining the country’s largest container port JNPT. “Twenty-four companies have already offered to come and set up ventures in JNPT SEZ who will use it for...

Economy set for higher growth trajectory: Jaitley

Sunday, 10 Dec 2017 | PNS | Vadodara | in Sunday Pioneer

Union Finance Minister Arun Jaitley has said the Indian economy is set for a higher growth trajectory on the back of a slew of structural reforms. He said the NDA government would now focus on large-scale investment in the infrastructure sector and rural areas. “I think, we should be looking forward to...

Direct tax kitty rises 14% in Apr-Nov period

Sunday, 10 Dec 2017 | PNS | New Delhi | in Sunday Pioneer

Direct tax collections increased by 14.4 per cent to Rs 4.8 lakh crore during April-November this fiscal. “The provisional figures of Direct Tax collections up to November, 2017 show that net collections are at Rs 4.8 lakh crore, which is 14.4 per cent higher than the net collections for the corresponding...

Certain board members need to be discontinued: Ex-Infy CFO

Sunday, 10 Dec 2017 | PTI | BENGALURU | in Sunday Pioneer

Former Infosys Chief Financial Officer V Balakrishnan on Saturday sought the discontinuance of certain board members in light of the company filing a settlement plea with SEBI on corporate governance lapses relating to severance payment to its former CFO Rajiv Bansal. “I think the continuation of certain board members like the...

‘Need institutional arbitration system to get investment’

Sunday, 10 Dec 2017 | PTI | NEW DELHI | in Sunday Pioneer

If India wants to attract investments, it needs to develop a good institutional arbitration system with minimum interference of courts and maximum execution of arbitration awards, the Chief Justice of India, Dipak Misra, said on Saturday. Justice Misra stressed that the country needs to adjust without surrendering “our conceptual sovereignty”. The...

UltraTech to set up Rs 1,850 cr cement plant in Rajasthan

Sunday, 10 Dec 2017 | PTI | NEW DELHI | in Sunday Pioneer

Aditya Birla group firm UltraTech Cement on Saturday said it will set up a new plant in Rajasthan with a proposed investment of Rs 1,850 crore. The plant, which will have a capacity of 3.5 million tonnes per annum (MTPA), is expected to commence commercial production by June, 2020. “The board of...

Indiabulls Housing sells 100 pc stake in Indiabulls Life

Sunday, 10 Dec 2017 | PNS | New Delhi | in Sunday Pioneer

Indiabulls Housing Finance on Saturday said it has sold its entire shareholding in Indiabulls Life Insurance Company for a cash consideration of Rs 5 lakh to SORIL Holdings and Ventures. The company has sold its 100 per cent shareholding in 'Indiabulls Life Insurance Company Limited', presently a non-operational company with...

Business Corner

Sunday, 10 Dec 2017 | PNS | in Sunday Pioneer

LALIT KALA AKADEMI TO COMMEMORATE DHANRAJ BHAGAT'S BIRTH CENTENARY Lalit Kala Akademi will celebrate the birth centenary of renowned Sculptor Prof. Dhanraj Bhagat in a grand manner from December 20 (which happens to be his birthday). The Akademi shall organise year-long events which include Talk shows, Lectures, Workshops and Camps at...


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Jayant Sinha assures enquiry into Zaira case

11 Dec 2017 | PNS | Ranchi

Minister of State for Civil Aviation Jayant Sinha on Sunday condemned the alleged molestation of Bollywood actress Zaira Wasim by a co-passenger on board a Delhi-Mumbai flight. The Minister has assured a fair enquiry into the matter and suggested that the actress should get an FIR registered first so that the process of investigation could be started by the competent authorities...

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