New Delhi, May 9 (IANS) Hampton Sky Realty Limited (formerly Ritesh Properties and Industries) on Saturday denied all allegations and asserted full compliance with applicable laws in its mobile-phone export operations.In a detailed statement, the company said it entered the mobile-phone export business in May 2023, describing it as a government thrust area under the ‘Make in India’ and Production-Linked Incentive schemes, noting strong growth in India’s mobile-phone exports in recent years…
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Panaji, May 9 (IANS) The Indian Coast Guard (ICG) on Saturday marked a significant capability enhancement with the commissioning of Indian Coast Guard Ship (ICGS) Achal, a new-generation Adamya-class Fast Patrol Vessel series, at Goa Shipyard Limited.The ship was formally commissioned into service by Additional Secretary & DG (Acquisition) in the Ministry of Defence, A. Anbarasu, in the presence of Commander Coast Guard Region (North West) Inspector General Tekur Sashi Kumar, senior official…
New Delhi, May 8 (IANS) Commerce Secretary Rajesh Agarwal undertook an official visit to Switzerland from May 6-7 to advance the implementation of the India-European Free Trade Association Trade and Economic Partnership Agreement and strengthen India–Switzerland trade and investment engagement, the Ministry of Commerce and Industry said on Friday. The ministry stated that during the visit, the Commerce Secretary held a bilateral meeting with Helene Budliger Artieda, State Secretary, Swiss Stat…
New Delhi, May 8 (IANS) Commerce Secretary Rajesh Agarwal visited Switzerland to advance the implementation of the India–EFTA Trade and Economic Partnership Agreement (TEPA) and strengthen India–Switzerland trade and investment engagement, it was announced on Friday.TEPA marks a significant milestone in India’s trade engagement strategy. It is India’s first trade agreement with the EFTA economies and the country’s first operational trade arrangement with a European economic bloc.Accord…
New Delhi May 8 (IANS) The Confederation of All India Traders (CAIT) on Friday said West Bengal can once again emerge as a major hub of trade, industry and employment if the state gets a transparent and investor-friendly government aligned with Prime Minister Narendra Modi’s economic vision.CAIT Secretary and BJP MP Praveen Khandelwal said the trade and industrial community in West Bengal is now witnessing renewed hope and confidence over the possibility of a BJP-led government in the state.Ac…
Mumbai, May 7 (IANS) Reaffirming Israel’s strong support for India in the fight against terrorism on the first anniversary of ‘Operation Sindoor’, Israel’s Consul General to Midwest India, Yaniv Revach, said on Thursday that the perpetrators of terror “must know that their actions won’t go unpunished”, while stressing that the West Asian country would continue standing firmly with India against terrorism.Speaking to IANS on the first anniversary of ‘Operation Sindoor’, Revach said Israel was pro…
Amaravati, May 6 (IANS) Andhra Pradesh’s Information Technology and Electronics Minister Nara Lokesh on Wednesday said that 80 per cent of India’s air conditioners will be manufactured in the state by 2028.Speaking at the groundbreaking ceremony of an air-conditioner manufacturing unit at Sri City in Tirupati district, Lokesh, projecting Andhra Pradesh as a major HVAC manufacturing hub, remarked that the state has already earned its unique distinction as the cool capital of India.He noted that…
New Delhi, May 5 (IANS) The Ministry of Defence on Tuesday signed a contract with Bharat Electronics Limited (BEL), Hyderabad, for the procurement of five ground-based Mobile Electronic Systems, worth Rs 1,476 crore, for the Indian Army with a minimum 72 per cent indigenous content.The contract, under the Buy (Indian-Indigenously Designed, Developed and Manufactured) category, was inked in the presence of Defence Secretary Kumar Singh at Kartavya Bhawan here.BEL produces advanced, indigenous gro…
New Delhi, April 30 (IANS) Invest India, the National Investment Promotion and Facilitation Agency under the Centre’s Department for Promotion of Industry and Internal Trade (DPIIT), has facilitated the grounding of 60 projects worth over $6.1 billion across 14 states during the financial year 2025–26, which are expected to generate more than 31,000 jobs, according to an official statement issued on Thursday.Grounded investments have registered a nearly threefold growth over FY 2024–25, wh…
New Delhi, April 30 (IANS) India’s steel capacity got a major lift as leading integrated steel producer ArcelorMittal Nippon Steel India (AM/NS India) on Thursday inaugurated a state-of-the-art automotive steel production line at its Gujarat plant, in a move to strengthen domestic manufacturing and advance the ‘Atmanirbhar Bharat’ initiative.The new Pickling Line and Tandem Cold Mill (PLTCM), with a capacity of 2 million tonnes per annum, was inaugurated by Japan’s Ambassador to India, K…