Friday, Feb 22 2019 | Time 13:31 Hrs(IST)
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  • Russian Helicopter Ka-226T will be assembled at proposed HAL copter facility in Tumkur
  • Russian Helicopter Ka-226T will be assembled at proposed HAL copter facility in Tumkur
  • CM presents over Rs 1 82 lakh crore Vote-on-Account budget for FY 2019-20
  • Poeir Jets Develops India’s First Heavy-lift Hybrid Drones
  • Poeir Jets Develops India’s First Heavy-lift Hybrid Drones
  • IOC 'suspends discussions' with India regarding hosting of its events
  • Two killed in Nashik road accident
  • Sugar rates steady
  • Watchdog says US-led coalition, SDF failed to protect Civilians during offensive in Baghuz
  • Brushing aside Pak lobbying & Chinese hurdles: Pressure mounts on Imran Khan
  • Delhi Govt has taken host of initiatives to improve education sector: LG
  • India hopes for 'peace and stability' in Korean peninsula through dialogue
  • Pulwama aftermath: SC seeks report from Centre, 10 states on violence against Kashmiris
  • Vadra appears before ED in money laundering case
  • Syria: US to leave 200 troops after pullout
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Shriram Properties, Xander sign Rs 2290 Cr deal for Chennai SEZ

Bengaluru, May 2 (UNI) Shriram Properties and Xander Group, a global
investment firm, have signed a Rs 2290 Crore deal which allows
Xander acquire 100 per cent interest in Shriram’s Gateway SEZ in
Chennai for Rs 1250 Crore with a further commitment of Rs 1040 Crore
towards expansion of the IT SEZ.
According to a release here today the deal involves 1.7 mn sq ft
of occupied and operational SEZ, and a partnership with Shriram
Properties to deliver the under construction 1.9 mn sq ft.
Shriram Gateway, is a 58-acre integrated township project
including office space, a shopping mall and residential apartments.
Shriram will continue to develop and own the residential and retail
components comprising 2.6 mn sq ft while Xander will have the
ability to develop an additional One mn sq ft of office space.
Commenting on the deal, the Xander Group Senior Partner Tohan
Sikri said that "this acquisition demonstrates our continued
interest in large, well-positioned assets with growth potential
across gateway cities in India, and nicely complements our existing
office portfolio."
UNI MSP RS CS 1250
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Poeir Jets Develops India’s First Heavy-lift Hybrid Drones

22 Feb 2019 | 1:28 PM

Bengaluru, Feb 22 (UNI) After successful launch of the country’s first Microjet Engine series, Poeir Jets, promoted by M/s Poeir Jets Pvt Ltd, an R&D subsidiary of Intech DMLS, is India’s first private firm that developed Jet Engines, has moved to develop India’s first Heavy lift Hybrid drones and it was launched in the ongoing Aero India 2019 with an aim to establish itself as industry leaders in providing propulsion solutions to Unmanned Aircraft Systems (UAS).

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Sugar rates steady

22 Feb 2019 | 1:13 PM

Kolhapur, Feb 22 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Friday to Rs 3280/3300 and Rs 3180/3200 per quintal respectively.

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Major currencies up

Major currencies up

22 Feb 2019 | 12:20 PM

Mumbai, Feb 22 (UNI) Following were the indicative currency rates and travellers' cheques buying and selling rates per unit.

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Rupee opens flat at 71 24 against USD

Rupee opens flat at 71 24 against USD

22 Feb 2019 | 12:09 PM

Mumbai, Feb 22 (UNI) The Rupee on Friday opened flat at 71.

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Sensex up by 40 pts

Sensex up by 40 pts

22 Feb 2019 | 12:08 PM

Mumbai, Feb 22 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday rose by 40 points at 35,938.52 as buying was seen in Materials, Realty, Consumer Durable and Bankex stocks.

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