by PTI News | Feb 24, 2022 | 8:36 pm | Commodities, News
Kolkata, Feb 24 (PTI) MMTC-PAMP, a JV between state-owned MMTC Ltd and Switzerland-based bullion brand PAMP SA, on Thursday said it is aiming at a revenue of Rs 1,000 crore from the eastern region in the next five years.It forayed into the eastern market, launching the first store in Kolkata.“Over the next five years, the [...]
by PTI News | Feb 24, 2022 | 8:35 pm | News
New Delhi, Feb 24 (PTI) British retailer Marks & Spencer on Thursday announced the launch of its homeware collection in India across its select stores and the website, apart from e-commerce channel partners AJIO and Myntra. The company is targeting urban consumers through its homeware collection, said Marks & Spencer Reliance India Managing Director James [...]
by PTI News | Feb 24, 2022 | 8:22 pm | Corporate Action, News
New Delhi, Feb 24 (PTI) Leading FMCG firm Hindustan Unilever Ltd (HUL) on Thursday announced the separation of the position of Chairman of the Board and the CEO & Managing Director, and has appointed Nitin Paranjpe as a Non-Executive Chairman of the company. Paranjpe, currently working as the Chief Operating Officer of Anglo-Dutch FMCG major [...]
by PTI News | Feb 24, 2022 | 8:18 pm | News
New Delhi, Feb 24 (PTI) State-owned NHPC on Thursday said it has inked a pact with HDFC bank to securitise return on equity of its 540-MW Chamera-I Power Plant in Himachal Pradesh for 10 years. "NHPC Ltd has signed a facility agreement today i.e. February 24, 2022, (on Thursday) with HDFC Bank Ltd to securitise [...]
by PTI News | Feb 24, 2022 | 8:14 pm | Commodities, News
Kolkata, Feb 24 (PTI) Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, the largest buyer of Indian tea, in the wake of the Russia-Ukraine crisis.Western sanctions and disruption of payments in dollars, as well as transhipments to Russia, are expected as a fall-out of Russia launching an [...]
by PTI News | Feb 24, 2022 | 8:09 pm | Economy, News
Moscow, Feb 24 (PTI) Countries like Russia cannot be "locked up" behind the iron curtain, the Russian Presidential Spokesman asserted on Thursday, as the US-led West threatened to impose more biting sanctions against Moscow after President Vladimir Putin ordered a military offensive against Ukraine.US President Joe Biden has condemned Russia for its "unprovoked" and "unjustified" attack [...]
by PTI News | Feb 24, 2022 | 8:08 pm | News
New Delhi, Feb 24 (PTI) State-owned CIL is considering offering more than 100 closed, discontinued mines to the private sector on revenue sharing basis in due course of time, the coal ministry said on Thursday.The ministry is hopeful that the collaboration with the private sector will enhance productivity and lead to production of additional dry [...]
by PTI News | Feb 24, 2022 | 8:02 pm | News
Mumbai, Feb 24 (PTI) Budget carrier IndiGo on Wednesday said it has partnered with online travel services firm MakeMyTrip for its holiday offerings for both domestic and international travellers. Under the collaboration, IndiGo passengers will be offered a wide choice of airline and hotel packages to various segments of travellers ranging from leisure, pilgrimage, adventure [...]
by PTI News | Feb 24, 2022 | 7:47 pm | Economy, News
New Delhi, Feb 24 (PTI) The recommendations of the joint committee on personal data protection have fundamentally altered the structure of the Personal Data Protection Bill to a generic Data Protection Bill, industry body IAMAI said on Thursday. The Internet and Mobile Association of India (IAMAI) said the recent Joint Parliamentary Committee's (JPC) report on [...]
by PTI News | Feb 24, 2022 | 7:45 pm | Corporate Action, News
Mumbai, Feb 24 (PTI) Financial services player Northern Arc group on Thursday said it has acquired Smile Microfinance through slump sale. The deal value has not been disclosed. The transaction involves taking over the microfinance portfolio of Smile along with its 150 branches catering to over 2 lakh customers served by around 850 employees. The [...]
