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18 June, 2018 8:51 AM Buy Jubilant Life Sciences, target Rs 1040: Siddharth Sedani

We maintain a buy on the stock, with a target of Rs 1,040, based on 11.7x FY20e EPS, says Siddharth Sedani of Anand Rathi Shares and Stock Brokers. Jubilant Life Sciences has crafted a niche wherein it has built its presence in segments like nuclear medicine (radiopharma), contract manufacturing of sterile injectables and allergy immunotherapy - which 24

16 June, 2018 3:37 PM Huawei India shuts product assembling operations in Chennai

Last year, the company had posted a revenue of $1.2 billion out of which around $250 million was accounted for devices business. Owing to a huge drop in demand for its equipment and services due to rapid consolidation in the Indian telecom market, Huawei India had shut assembly of products at its Chennai plant. As India gets digitally advanced with more and more global 43

12 June, 2018 7:32 PM Law on contract farming in the works

A new legislation — the Tamil Nadu Agricultural Produce Contract Farming (Promotion and Facilitation) Act, 2018 — would be enacted during 2018-19, and brought into force for the benefit of farmers and contract farming sponsors, Agriculture Minister R. Doraikkannu informed the Assembly on Tuesday. The new Act would be based on the Model Contract Farming 28

7 June, 2018 4:30 PM ACME Group bags 50 MW Solar power project

ACME Group today said it has won 50 MW solar power project at Gujrai solar park, Uttar Pradesh in an auction conducted by Solar Energy Corporation of India (SECI). ACME won the contract in the reverse auction held today, invited by the SECI for Gujrai solar park, a company statement said. The SECI invited solar tenders with cumulative capacity of 275 MW to be executed 49

4 June, 2018 7:42 PM Purushothapatnam project to be ready by month-end

SE says a report will be submitted to High Court and NGT The Purushothapatnam Lift Irrigation Project (PLIP) is all set to be handed over to the State government by the contractor Megha Engineering Infrastructure Limited (MEIL) by the month-end as per schedule. Chief Minister N. Chandrababu Naidu had inaugurated the project on August 15, 2017, and it was constructed 59

4 June, 2018 6:28 PM ‘BJP, Congress failed contractual employees’

Indian National Lok Dal leader Abhay Singh Chautala on Monday blamed the ruling BJP government in Haryana and the Congress for failing to protect the interests of thousands of employees. The Punjab and Haryana High Court had last week quashed the Haryana government’s policy to regularise the services of contractual and ad hoc employees. “On the eve of the elections 34

4 June, 2018 6:27 PM Jagan completes six months of sankalpa yatra

YSR Congress Party chief and Leader of Opposition Y.S. Jagan Mohan Reddy completed six months of his Praja Sankalpa Yatra on foot. On Monday, the 180th day, Mr. Jagan started his padayatra from the outskirts of Penugonda in West Godavari district and reached Errai Cheruvu by the end of the day covering Aithapudi, Yeletipadu, Ogidi Cross, Gollaguntapalem 19

3 June, 2018 3:13 PM BSH Household Appliances to invest €100 mn in 4-5 years

BSH Household Appliances Manufacturing Pvt. Ltd. will invest €100 million over the next four to five years in India, said a top official. “We will invest €100 million over the next four to five years in India,” said Michael Schollhorn, chief operating officer, BSHf Hausgeraete GmbH. “This would include a fresh investment of €50 million for construction 44

31 May, 2018 5:38 PM Lambada teachers given option to seek transfer

Govt. posts contract teachers in Adivasi residential schools Reopening of schools and education during the current academic year in the Agency areas in erstwhile undivided Adilabad district may not be as much a problem as it looked until a few days back. The government has taken a decision to post contract residential teachers in schools where the Adivasis 50

29 May, 2018 9:40 PM Pankaj Saran, India's envoy to Russia, appointed Deputy NSA

The 1982 batch officer of Indian Foreign Service (IFS) was in November 2015 appointed as India's envoy to Russia.  New Delhi: In a major development, the Government of India on Tuesday appointed senior diplomat Pankaj Saran as Deputy National Security Advisor. Saran is currently serving as India's Ambassador to Russia. ''The Appointments Committee of the Cabinet 78