Sweden’s Scania admits ‘misconduct’ in India after contract-for-bribes report

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An internal investigation at Scania into its Indian operations found evidence of misconduct by employees including senior management, the Swedish bus and truck maker said on Wednesday, adding the individuals involved had all left the company. The news comes after three media outlets, including Swedish news channel SVT, reported Scania paid bribes to win bus … Read more

View: It makes sense to export, not scrap old cars

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The government is reportedly very keen on a vehicle scrappage policy, making it mandatory for old vehicles to be scrapped or giving subsidies for voluntary scrappage. One aim is to increase the demand for new cars, boosting the auto industry — this was indeed the aim for scrappage incentives in the US and Europe after … Read more

Electric vehicles usage should be made mandatory for all govt officials: Gadkari

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Transport Minister Nitin Gadkari on Friday made a case for making it mandatory to use electric vehicles for all officials in government ministries and department. He also suggested that the government should give subsidy to buy electric cooking appliances instead of giving support for buying cooking gas to households. Addressing at the launch Go Electric … Read more

Gadkari to inaugurate, lay foundation stones for Rs 8,341 cr highway projects in Rajasthan

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New Delhi: Union Minister Nitin Gadkari will on Thursday inaugurate and lay foundation stones for highway projects worth Rs 8,341 crore in Rajasthan, an official statement said. These projects are for a total length of 1,127 kms. “Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari will inaugurate and lay foundation stone for 18 … Read more

Government to undertake infra projects worth Rs 1.16 lakh crore in Karnataka: Nitin Gadkari

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NEW DELHI: The Centre will undertake infrastructure projects worth Rs 1.16 lakh crore in Karnataka in the coming years, Union Minister Nitin Gadkari said on Saturday. The Road Transport and Highways Minister was addressing a virtual event after laying foundation stone and inaugurating projects worth Rs 11,000 crore in Karnataka. The 33 projects pertain to … Read more

RBI Governor Shaktikanta Das recovers from COVID-19

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New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said he has turned coronavirus negative and will join office next week. Das was tested COVID-19 positive on October 25. “I have tested COVID-19 negative. Will be back in office next week. Thank you everyone for your good wishes for my early recovery,” … Read more

Nitin Gadkari to lay foundation stone for Rs 694 crore multi-modal logistics park in Assam

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New Delhi: Union Minister Nitin Gadkari will on Tuesday lay the foundation stone for India’s first multi-modal logistics park in Assam to be constructed at an estimated cost of Rs 694 crore, an official statement said. The multi-modal logistic park will be developed under the ambitious Bharatmala Pariyojna. “Union Minister for Road Transport and Highways … Read more

NHAI says may exceed FY21 target of 4,500 km in awarding projects

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National Highways Authority of India (NHAI) is likely to exceed the 2020-21 target of awarding road projects covering 4,500 km, of which it has already awarded 40 projects covering 1,330 km in the first half of the fiscal 2020-21, the government agency said on Wednesday. NHAI said that despite the disruption caused by Covid-19 pandemic, … Read more

COVID-19: Lok Sabha floor leaders likely to meet later in the day to discuss curtailment of session

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New Delhi: The government is contemplating curtailing the ongoing Monsoon Session in view of the rising COVID-19 cases amongst MPs, but nothing has been finalised so far, sources said on Saturday. The Lok Sabha floor leaders of different parties are likely to meet later in the day to deliberate on the issue, the sources said. … Read more

Government working to enable micro finance institution to help smallest of businesses: Gadkari

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New Delhi: The government is working on a policy to enable a microfinance institution to help fund even the smallest of businesses, a move that will generate employment in the country, Union Minister for Micro, Small and Medium Enterprises Nitin Gadkari said. “We are now preparing, we need to get approval from finance (ministry) and … Read more