Business

Kanpur: Taking a round of the weekly vegetable market in KDA Colony locality of Jajmau area here, it is fitting to write that the lemon is quite a costly item than other various green vegetables.

If green pea is selling at the rate of Rs 25 per kg at this considerably big wider space, the lemon is three pieces in ten rupees. While it is one for Rs five just outside the market ground.

What the sellers point out at a hefty cost is that, this item is not coming in mandis amply. That's why the rate is not going down, they add with an indication of a grin. 

New Delhi, Jan 1 (PTI) US auto major Ford Motor Co on Friday said it and India's Mahindra & Mahindra have decided to scrap their previously announced automotive joint venture and it will continue its independent operations in India as it is.

The two companies determined that they will not complete a previously announced automotive joint venture between their respective companies.

New Delhi, Jan 1 (PTI) Reliance Infra on Friday announced completion of sale of its Delhi-Agra (DA) toll road to Cube Highways and Infrastructure for Rs 3,600 crore.

In a regulatory filing, Reliance Infrastructure Ltd said it has completed the sale of its 100 per cent stake in DA Toll Road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs 3,600 crore.

The deal was announced in March 2019 with the signing of a definitive binding agreement between Reliance Infra and Cube Highways and Infrastructure III Pte Ltd.

London, Jan 1 (AP-PTI) Britain's long and sometimes acrimonious divorce from the European Union ended on Thursday with an economic split that leaves the EU smaller and the UK freer but more isolated in a turbulent world.

Kolkata, Dec 31 (PTI) The Garden Reach Shipbuilders and Engineers (GRSE) Ltd on Thursday commenced production of the first of the eight Anti-Submarine Warfare Shallow Water Crafts for the Indian Navy, a top official of the Defence PSU said.

The contract for the construction of the eight ships at a cost of Rs 6,311 crore was signed with the Navy in April 2019, GRSE Chairman and Managing Director Rear Admiral (retd) V K Saxena said.

"It's a small but very complex anti-submarine warfare ship and is going to be a very potent platform," he said.

31 Dec 2020; MEMO: The free trade agreement signed by Turkey and the UK on Tuesday will ease the two countries' bilateral trade target of $20 billion, said a top official, Anadolu reports.

After reaching the Brexit deal, the UK signed the free trade agreement with Turkey, just after one with the EU, a gesture which shows the strength of their commercial relations, Osman Okyay, head of the Turkey-UK Business Council of the Foreign Economic Relations Board, told Anadolu Agency.

31 Dec 2020; MEMO: Turkish Foreign Minister Mevlüt Çavuşoğlu announced on Wednesday that his country would start negotiations with the US over the Russian S-400 missile defence system, news agencies reported.

New Delhi, Dec 30 (PTI) In a major move to boost domestic defence manufacturing, the government on Wednesday approved the export of indigenously-developed surface-to-air Akash missile system and set up a high-level committee to authorise the sale of major platforms to various countries.

The defence ministry said a committee comprising Defence Minister Rajnath Singh, External Affairs Minister S Jaishankar and National Security Advisor Ajit Doval has been set up to authorise exports of major indigenous platforms.

30 Dec 2020; MEMO: The US State Department has approved the potential sale of 3,000 precision-guided munitions to the Kingdom of Saudi Arabia in a deal valued at up to $290 billion, the Pentagon said on Tuesday, reports Reuters.

24 Dec 2020; MEMO: Tunisia and Algeria have prevented an Israeli airplane from using their airspaces on its way to the Moroccan city of Rabat, forcing it to take an indirect route through Europe, local media outlets from both countries reported.