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L&T Lowest Bidder For 3 Buildings Of Central Vista Project, Says Centre

NCC quoted the second-lowest bid amount of around Rs 3,318 crore for the project, which was 1.94 per cent more than the estimated cost. The bid documents show that Tata Projects Limited quoted around Rs 3,546 crore, which is 8.96 per cent more than the estimated cost.

Centre Promotes 13 Top Administrators As Joint Secretaries

Abhishek Sharma

National

After naming senior administrator Amit Khare as a new advisor to the PM Modi, now the Appointments Committee has named senior Himachal-cadre IAS officer Meera Mohanty as joint secretary in the PMO.

Centre Ran Transparent, Flexible Process; Honoured To Participate In Air India Bidding: SpiceJet CMD

BW Online Bureau

Companies & Markets

The government announced on Friday that Tata Sons' wholly-owned subsidiary Talace Private Limited has beaten the Singh-led consortium to win the bid to acquire debt-laden Air India by offering Rs 18,000 crore.

Centre Releases Quarterly Report On Public Debt Management

BW Online Bureau

Economy

Meanwhile, the yields on government securities hardened in the secondary market because of the increase in the supply of G-secs during the quarter like in the corresponding quarter of FY21.

India’s COVID-19 Vaccination Coverage crosses 86 Cr Mark: Centre

BW Online Bureau

Healthcare

According to the Health Ministry, a total of 29,621 patients recovered in the last 24 hours which took the cumulative tally of recovered patients to 3,29,31,972. "Consequently, India’s recovery rate stands at 97.78 per cent. Recovery Rate is currently at its highest peak since March 2020," the Ministry said.

Centre's Plan To Tightens E-commerce Rules Invites Internal Dissent: Report

BW Online Bureau

National

The memos offer a rare glimpse of high-stakes policy-making governing a market already featuring global retail heavyweights from Amazon to Walmart, plus domestic players like Reliance Industries and Tata Group. The sector is forecast by Grant Thornton to be worth $188 billion by 2025.

Centre Is Expected To Ask Anchor Investors To Hold 25% In Monetised Roads

BW Online Bureau

Banking & Finance

Meanwhile, this proposal will not work for Toll Operate Transfer (ToT) or private InvITs and will only be able to work for Public-funded Infrastructure Investment Trusts (InvITs), some experts told a leading media house.

Centre Extends Customs Duty Exemption On Coronavirus Equipment Till Sept

BW Online Bureau

Healthcare

Meanwhile, tanks, generators, canisters, Medical grade oxygen, oxygen concentrators, filling systems, ISO containers for shipping oxygen, ISO containers for shipping oxygen, any other device which helps in oxygen generation, ventilators, high flow nasal cannula device, etc are exempted from the duty and cess by the Ministry of Finance.