India successfully met peak power demand of 241 GW on 9th June with zero peak shortage
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Economic Times
26 minutes ago
- Economic Times
Andhra CRDA proposes projects worth Rs 81,317 cr for Amaravati, invites tenders for Rs 50,552 cr
The Andhra Pradesh Capital Region Development Authority (CRDA) has proposed works worth Rs 81,317 crore for the greenfield capital city of Amaravati, with tenders already issued for projects valued at Rs 50,552 crore. Chief Minister N Chandrababu Naidu reviewed the progress of Amaravati's construction at the Secretariat, in a meeting attended by Municipal Minister P. Narayana, senior officials, and contractors. "CRDA has proposed works worth a total of Rs 81,317 crore for the construction of the capital city. Currently, it called tenders for projects worth Rs 50,552 crore," said an official press release. Officials informed the CM that construction work has commenced on 74 projects, covering housing, public buildings, roads, ducts, flood control measures, and other TDP supremo instructed officials to complete Amaravati construction work six months ahead of the schedule. He reviewed the progress of infrastructure development in areas under the LPS (land pooling scheme) and the construction of residences for ministers, MLAs, officials, employees, and judges. On returnable plots to farmers, Naidu called for measures which would neither inconvenience the peasants nor impact Amaravati's master plan. Further, the CM instructed officials to expedite approvals to agencies intending to build their offices in the greenfield capital city, especially for institutions like BITS - Pilani, XLRI and others. In addition, he suggested continuous monitoring of progress by 72 organisations which received land in the capital CM noted that mere allocation of land does not complete the capital's development as investments and ventures need to follow. He sought investments across diverse sectors in Amaravati, including Sport City, tourism, airport infrastructure, biotechnology, educational institutions, and hospitals and directed officials to invite India's top 10 real estate companies to take up projects in the region. Emphasising the vision of transforming Amaravati into a green energy corridor, Naidu called for the promotion of electric vehicles, including monitoring and displaying air quality across seed capital, capital city and capital area regions of Amaravati.
India Today
36 minutes ago
- India Today
This Onam, Kerala buyers can get up to Rs 2 lakh off on Tata Cars. Check models
Tata Motors has kicked off Kerala's Onam celebrations with its exclusive festive campaign 'Kerala Comes Together with Tata Motors', offering customers in the state benefits of up to 2,00,000 on passenger and electric vehicles, along with priority deliveries for bookings made during the festive period. The offers are valid from July 25 to September 30, campaign brings flexible finance plans tailored for customer convenience, including Balloon Payment schemes with low initial EMIs, Step-Up plans with progressive EMIs aligned to income growth, and a ;ow EMI scheme starting at just Rs 100 per lakh for the first three months. EV buyers receive added perks, including six-month financing for accessories, an extended warranty, and AMC coverage, as well as benefits at a glance: ICE models: Up to Rs 1 lakh offTiago: Rs 60,000Tigor: Rs 60,000Altroz: Rs 1,00,000Punch: Rs 65,000Nexon: Rs 60,000Curvv: Rs 40,000Harrier: Rs 75,000Safari: Rs 75,000EV models: Up to Rs 2 lakh Rs 1,00, Rs 85, Rs 1,00, Rs 2,00, Rs 1,00,000Tata Motors has expanded its presence in the state with 622 passenger vehicle bays in 83 workshops across 62 cities, a dedicated EV battery repair centre in Kochi, 5 stores, and a digital roadside assistance service promising a 60-minute response in cities and 90 minutes on highways. Real-time technical support is also available via the Central Diagnostics Command about the campaign, Vivek Srivatsa, CCO, Tata Passenger Electric Mobility Ltd., said, "Kerala has always been a vital market for Tata Motors and holds special significance for the Tata Group. Onam is the most important festival for our customers here, and we are committed to making this celebration even more meaningful. This year's festive campaign is designed to enhance the overall buying experience with attractive cash offers, easy financing options, and priority deliveries—ensuring a delightful journey for our customers."With the 'Kerala Comes Together with Tata Motors' initiative, the company is aiming not just to sell cars, but to be part of the state's collective festive to Auto Today Magazine- Ends
New Indian Express
36 minutes ago
- New Indian Express
Karnataka Bank net profit falls 27% to Rs 292.4 crore in Q1 of FY 26
MANGALURU: Karnataka Bank's net profit fell 27% to Rs 292.4 crore in Q1 of FY26 as against Rs 400.33 crore during the corresponding Q1 of FY 25. In a meeting of the board of directors held on Tuesday at the bank's headquarters in Mangaluru, the board approved the financial results for the quarter that ended on June 30. The bank's aggregate business (gross) stood at Rs 1,77,509.19 crore for Q1 of FY26 compared to Rs 1,75,534.89 crore for Q1 of FY 25 registering a YoY growth of 1.12%. The aggregate deposits of the bank stood at Rs 1,03,242.17 crore for Q1 of FY 26 as against Rs 1,00,079.88 crore in Q1 of FY 25 with a YoY growth of 3.16%. The bank's gross advances stood at Rs 74,267.02 crore as against Rs 75,455.01 crore in Q1 of FY25. The operating profit of the bank stood at Rs 467.29 crore and net interest income stood at Rs 755.60 crore in Q1 of FY26.
