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Equally expensive
Though the Congress party had allocated Saifuddin Soz a seven-seater helicopter for campaigning in far-flung areas of Jammu & Kashmir, he chose to use road transport. It was only when someone pointed out that the idle chopper was also costing his party a lot that Soz decided to use it to go to Ladakh.

Interest in healthcare mounts among PE, VC players
Private equity (PE) and venture capital (VC) investment in hospitals may surpass that in clinical research and drug manufacturing sectors, as hospitals currently offer more assured returns with lesser risks, is the feeling of informed observers.

News of the day

Rupee down 10 paise at 45.91/$
The rupee today declined by 10 paise to 45.91 against the US dollar in early trade in line with other weakening Asian currencies.
International Business

Unity Infraprojects bags orders worth Rs 620.76 cr

Infrastructure major Unity Infraprojects today said its joint venture with Axelia Utility Management Pvt Ltd has bagged two orders totalling Rs 620.76 crore. - Unity Infra to raise Rs 250 cr via QIP; Q4 net at Rs 21 cr The joint venture of the company has received the letter of intent from Municipal Corporation of Greater Mumbai to supply, install and maintain water meters of various sizes, Unity Infraprojects said in a filing to the Bombay Stock Exchange. The meters would be used in eastern and western suburbs of Mumbai, the filing added. Shares of Unity Infraprojects were trading at Rs 383.50 on BSE, up 3.38 per cent from the previous close.


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