by PTI News | Mar 5, 2022 | 8:52 pm | News
New Delhi, Mar 5 (PTI) The Union Road Transport Ministry has proposed an increase in the third-party motor insurance premium for various categories of vehicles, which is likely to jack up insurance cost of car and two-wheelers from April 1. According to the proposed revised rates, private cars with 1,000 cubic capacity (cc) will attract rates of [...]
by PTI News | Mar 5, 2022 | 7:01 pm | News
New Delhi, Mar 5 (PTI) The National Company Law Tribunal (NCLT) will hear on March 7 and March 9 matters related to approval of the Suraksha group's bid to acquire debt-ridden realty firm Jaypee Infratech Ltd. In a regulatory filing, Jaypee Infratech Ltd (JIL) said the listing of matter of resolution plan, along with related [...]
by PTI News | Mar 5, 2022 | 6:54 pm | News
Mumbai, Mar 5 (PTI) As many as 21 Indian sailors on board a merchant ship are stuck for quite some time at the Port of Mykolaiv in war-hit Ukraine but all of them are “safe” and in "regular contact" with their families and the ship manning agency, according to the agency founder and CEO Sanjay Prashar. [...]
by PTI News | Mar 5, 2022 | 6:50 pm | Corporate Action, News
New Delhi, Mar 5 (PTI) Financial creditors of HDIL will meet on March 9-10 to discuss bids for acquiring the crisis-hit realty firm through insolvency proceedings. In a regulatory filing on Saturday, HDIL's Resolution Professional Abhay N Manudhane informed that the "Twenty-Third meeting of Committee of Creditors will be held on 9th March 2022 and [...]
by PTI News | Mar 5, 2022 | 6:19 pm | Corporate Action, News
New Delhi, Mar 5 (PTI) Hatsun Agro Product Ltd on Saturday said its board will meet on March 9 to consider a proposal to sell assets of the company's ready-to-eat business. In a regulatory filing, the company said its board of directors will be held on March 9 to consider and approve the proposal for [...]
by PTI News | Mar 5, 2022 | 6:03 pm | Economy, News
Beijing, Mar 5 (PTI) China on Saturday cut its GDP target to 5.5 per cent to focus on slower growth to stabilise its economic fundamentals this year, as the world's second-largest economy beefed up supportive measures to shore up growth against strong headwinds.In his annual work report submitted to the opening session of the National [...]
by PTI News | Mar 5, 2022 | 5:51 pm | Economy, News
Mumbai, Mar 5 (PTI) As the country is recovering from the pandemic, a majority of C-Suite executives and employees (73 per cent) across sectors feel hiring will not be adversely impacted due to any new wave of COVID-19, according to a survey. As COVID-19 cases continue to decline across the country, 73 per cent respondents [...]
by PTI News | Mar 5, 2022 | 5:48 pm | News
Beijing, Mar 5 (PTI) China on Saturday hiked its annual defence budget by 7.1 per cent to USD 230 billion from last year's USD 209 billion, three times that of India’s military spending. The Chinese government has proposed the defence budget for the fiscal year 2022 at 1.45 trillion yuan (USD 230 billion), a 7.1 [...]
by PTI News | Mar 5, 2022 | 4:36 pm | Economy, News
New Delhi, Mar 5 (PTI) Geological Survey of India Director-General Rajendra Singh Garkhal has called for young officers to make use of the modern technologies for carrying out explorations and other geo-scientific activities and work tirelessly to make the nation self-reliant in the mineral sector. Garkhal underlined the strides made by the Geological Survey of [...]
by PTI News | Mar 5, 2022 | 4:15 pm | Corporate Action, News
New Delhi, Mar 5 (PTI) Stock exchange BSE on Saturday announced its collaboration with the MSME Trade and Investment Promotion Bureau (M-TIPB), Government of Tamil Nadu, for promoting awareness among micro, small and medium enterprises (MSMEs) of the state about the benefits of listing. Through this association, M-TIPB will provide support in mobilising the SME [...]