The managements of Darjeeling tea gardens agreed to pay bonus for the year at a rate of 20 per cent, ending the four-month-long impasse during which workers had observed a 12-hour strike in the hills.
Author: PTI
Prime Minister Narendra Modi and Chinese President Xi Jinping began the second day of their informal summit with a tete-e-tete in this coastal temple town today.
In the backdrop of the seventh century monument of Pancha Ratha, overlooking the Coromandel Coast of Bay of Bengal, Prime Minister Narendra Modi and Chinese President Xi Jinping today took a stroll and sipped fresh coconut water in a relaxed informal setting, creating positive atmospherics in bilateral ties strained over the Kashmir issue.
Extending full support to the new management, Yes Bank’s single-largest shareholder and co-promoter, the late Ashok Kapur’s daughter Shagun Gogia said the issues of governance and transparency are fully dealt with now. Gogia, who was recently inducted to the board of the troubled private sector lender, also said her family was fine with lowering their shareholding below the present 8.33 per cent in case a big investor comes on board at the end of the ongoing capital-raising exercise.
Renowned saxophone exponent Kadri Gopalnath died at a private hospital here early today, family sources said. He was 69 and had been ailing for some time.
Prime Minister Narendra Modi arrived here today to attend the second informal meet with Chinese President Xi Jinping.
India slipped to the fourth position in domestic air passenger traffic in August with passenger volume growing 3.7 per cent in the month over the period year-ago, reflecting the deepening crisis in the economy spawned by slumping consumer demand, IATA data show.
An international body of people of Indian origin will honour three Indian-Americans for their contribution in the health field as well as for promoting health awareness among the diaspora. The Global Organisation of People of Indian Origin (GOPIO) will present the Health Council Award to the recipients during the Health Council Summit, organised by it, on Saturday, according to a press release.
This is the strongest ever quarter by deal values for the private equity and venture capital industry, consultancy firm EY said in the report. Its partner Vivek Soni said deal activity grew across all three main asset classes of private capital including private equity, infrastructure, and real estate.