Modi Launches Rs 460B Projects, Flags Off First Direct Train to Kashmir
Prime Minister Narendra Modi will lay the foundation stone, inaugurate, and dedicate multiple development projects worth over Rs 460 billion in the holy town of Katra, the base camp of the Shri Mata Vaishno Devi Ji shrine, on Friday. This comes as he flags off the first-ever direct train to Kashmir, ending years of wait for seamless rail connectivity to the Valley.Modi will launch two Vande Bharat Express trains running between Shri Mata Vaishno Devi Katra and Srinagar on 6 June from Katra Railway Station. According to an official statement released ahead of the Prime Minister’s first visit ..
NCLAT Rejects Stay On Asset Freeze Order Against Gensol Group
The National Company Law Appellate Tribunal (NCLAT) on Wednesday refused to stay the National Company Law Tribunal’s (NCLT) order to freeze the assets of Gensol, its promoters, and associated entities.The appellate tribunal directed two Gensol Group companies—BluSmart Premium Feet and Matrix Gas and Renewable—to approach the Ahmedabad bench of the NCLT with their plea. The matter is scheduled for hearing on June 12.The asset freeze order was initially passed by a vacation bench of the NCLT on 28 May, following a petition filed by the Ministry of Corporate Affairs (MCA). The order covered..
Man Industries Secures New Export Order Worth Rs 11.5 Billion
Man Industries (India) Limited has secured a new export order valued at approximately Rs 11.5 billion (1,150 crore), expected to be delivered within the next six to twelve months. This fresh contract highlights the company’s strong position in the international pipes market and reinforces the trust placed in its technological and execution capabilities by global customers.The company’s total unexecuted order book currently stands at around Rs 35 billion (3,500 crore), reflecting a robust business environment and strong demand for its products.The new international order involves the supply..
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