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17 Jan

Arunachal Pradesh cabinet authorizes SGST relief for two hydroelectric projects

Banasree SarkarArunachal PradeshArunachal Pradesh

Two hydroelectric projects were granted SGST reimbursement discounts by the Arunachal Pradesh government in order to improve their financial sustainability. According to a statement released on Thursday, the 700-mw Tato II Hydroelectric Project on the Siyom River in the Shi Yomi district and the 1,720-mw Kamala HEP on the Kamala River in the Kamle district were granted State GST (SGST) relief by the state cabinet, which was chaired by Chief Minister Pema Khandu, during its first meeting of the year on Wednesday. These projects, which require a total investment of approximately Rs. 35,000 crore, are anticipated to generate nearly Rs.…

16 Jan

VOL 6, ISSUE 50 – The Mileage

TheNewsMileageJournals

16 Jan

Clifford Chance Attracts Top Legal Talent Post Lockstep Overhaul

editorLatest

Law firm Clifford Chance is leveraging its recent lockstep restructuring to recruit high-profile partners, notably securing M&A specialist Bruce Embley from Skadden. This strategic move aims to strengthen its private capital practice and enhance relationships with leading buyout firms like Permira. The firm now offers partner compensation up to £12 million, positioning it competitively in the legal market.

16 Jan

SP Bomken Basar’s leadership earns Best Preventive Policing award

Sonakshi SarkarArunachal Pradesh

Superintendent of Police (SP) Bomken Basar of Kurung Kumey district, located near the Indo-China border, has been awarded the prestigious 'Best Preventive Policing' award by the State Election Commission of Arunachal Pradesh. The honor, conferred through the Chief Electoral Officer, recognizes SP Basar’s exceptional efforts in maintaining law and order during the 2024 electoral process. SP Basar's proactive leadership and dedication ensured seamless and peaceful elections in one of Arunachal Pradesh’s most remote and challenging districts. Known for its rugged terrain and logistical difficulties, Kurung Kumey posed significant hurdles, but SP Basar's strategic approach and coordination with polling officials ensured…

16 Jan

Mizoram CM Lalduhoma welcomes Governor-Designate Gen. Vijay Kumar Singh

Sonakshi SarkarMizoram

Mizoram Chief Minister Lalduhoma extended a warm reception to the Governor-Designate of Mizoram, Gen. (Dr.) Vijay Kumar Singh, PVSM, AVSM, YSM (Retd.), and First Lady-Designate Bharti Singh, upon their arrival at Lengpui Airport on January 15. The welcoming ceremony was attended by prominent dignitaries, including Speaker Pu Lalbiakzama, Home Minister K. Sapdanga, Chief Secretary Khilli Ram Meena, and DGP Pu Anil Shukla, reflecting the state’s respect for its incoming Governor. Later in the evening, a formal reception was held at Raj Bhavan, attended by key ministers, including Health Minister Lalrinpuii, Rural Development Minister Prof. Lalnilawma, and Sports Minister Lalnghinglova Hmar.…

16 Jan

Tripura CM to address Bangladesh embankment concerns with Centre

Sonakshi SarkarTripura

Tripura Chief Minister Manik Saha assured the state assembly on Wednesday that he would raise concerns with the Centre regarding the construction of a massive embankment by the Bangladesh government near the Kailashahar subdivision in Unakoti district. The issue was highlighted by Congress legislator Birajit Sinha, who warned of potential flooding risks if Tripura’s existing 40-year-old embankment at Rangaoti is not urgently strengthened. “If our embankment is not fortified, the people of Kailashahar will face severe hardships during floods,” Sinha said. Fisheries Minister Sudhangshu Das, representing Unakoti district, emphasized the need for action, citing gaps in fencing along the India-Bangladesh…

16 Jan

Arunachal Governor awarded 43 youth with the prestigious Bharat Scouts and Guides Rajya Puraskar

Banasree SarkarArunachal PradeshArunachal Governor

At a ceremony at Raj Bhavan, Arunachal Pradesh Governor Lt. General KT Parnaik presented 43 young people with the coveted Bharat Scouts and Guides Rajya Puraskar, highlighting their contribution to creating a more powerful India. Speaking to the group of 21 Scouts and 22 Guides who were awarded the state's highest scouting honor, Governor Parnaik stated, "The Rajya Puraskar is not merely recognition, but a responsibility to serve with greater zeal." Since its modest beginnings in 1948 with just 24 boys in Pasighat, scouting in Arunachal Pradesh has grown remarkably, as the event demonstrated. According to State Officer Commander Chanyan…

16 Jan

Wholesale inflation increase to 2.37% in December

Business CorrespondentBusiness, News

India's wholesale inflation rose in December, led by a surge in prices of various commodities. The wholesale price index rose 2.37% in December, compared to 1.89% in November, according to data released by the Ministry of Commerce and Industry on Tuesday. On a sequential basis, the index declined 0.38%, compared to a 0.5% decline in the previous month. Global commodity prices have risen slightly so far in January 2025 compared to December 2024. ICRA Chief Economist Aditi Nayar said the average price of the Indian basket of crude oil rose 5.8% month-on-month during January 1-13, 2025, especially amid tighter US…

15 Jan

Trent shares rise nearly 5% after Elara Securities assigns ‘buy’ rating

Business CorrespondentBusiness, News

Trent shares rose 4.89 percent to Rs 6,519 per share on January 15 after Elara Securities recommended a "buy" on the stock.Elara Securities has initiated coverage on Trent with a "buy" rating and a target price of Rs 8,500. The brokerage expects Trent to maintain industry-leading metrics due to differentiated product offerings, strong hold on processes and complete reliance on private labels.Trent's fashion portfolio consistently outperforms its peers in key parameters such as store size, revenue per sq ft/per store and EBITDA margin, as well as leading in headline growth.This outperformance is expected to be sustained by a firm focus…

15 Jan

Mizoram prepares for key local elections with over 4.5 lakh registered voters

Sonakshi SarkarMizoram

The Mizoram State Election Commission (SEC) is set to announce the schedule for elections to 544 village councils (VCs) across nine districts and 111 local councils (LCs) in two urban areas on January 16, according to State Election Commissioner H. Lalthlangliana. Preparations for the polls are reportedly in full swing, with the terms of the existing councils expiring on February 19. As per the final voter rolls published on January 8, the 544 VCs have 4,37,708 registered voters, including 2,22,098 women. Additionally, the 87 LCs in the Aizawl Municipal Corporation area have 2,44,726 voters, while the 24 LCs in the…