by PTI News | Feb 22, 2022 | 8:57 pm | Corporate Action, News
New Delhi, Feb 22 (PTI) State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal. "SJVN Arun-3 Power Development Company, a subsidiary of SJVN Ltd in Nepal, today (on Tuesday) signed term loan documents for [...]
by PTI News | Feb 22, 2022 | 8:55 pm | Commodities, Economy, News
New Delhi, Feb 22 (PTI) The Supreme Court Tuesday held that granting freebies to doctors by pharmaceutical companies to boost sales of medicines is "clearly prohibited by law” and dismissed a plea of a firm seeking deduction under the Income Tax Act on account of giving incentives to medical practitioners. The top court termed as [...]
by PTI News | Feb 22, 2022 | 8:33 pm | News
New Delhi, Feb 22 (PTI) Hasura on Tuesday announced that it has secured USD 100 million in funding round led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The round `Series C' brings the total capital raised by Hasura to USD 136.5 million and the company's valuation [...]
by PTI News | Feb 22, 2022 | 8:21 pm | Economy, News
Mumbai, Feb 22 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said the government is looking into the governance lapses that had happened at the National Stock Exchange (NSE) but declined to comment on whether there was an adequate correctional step in terms of actions taken against those who were held responsible for the lapses. Earlier [...]
by PTI News | Feb 22, 2022 | 8:20 pm | News
Jammu, Feb 22 (PTI) Jammu and Kashmir Khadi and Village Industries Board has released an amount of Rs 348.48 crore as margin money (subsidy) in favour of entrepreneurs who had applied loan from the board since 2019, its vice-chairperson Hina Shafi Bhat said. The amount was released to 15,459 unit holders under JK Rural Employment [...]
by PTI News | Feb 22, 2022 | 8:07 pm | Economy, News
New Delhi, Feb 22 (PTI) Hospitality industry body FHRAI on Tuesday said it has submitted a representation to Union Civil Aviation Minister Jyotiraditya Scindia seeking his intervention to avoid disruptions in flight movements at the Port Blair Airport. The Andaman & Nicobar Command has directed shutting down the only runway of Veer Savarkar International Airport [...]
by PTI News | Feb 22, 2022 | 7:56 pm | News
New Delhi, Feb 22 (PTI) NLC India Ltd on Tuesday said Kalasani Mohan Reddy has assumed charge as its Director for Planning and Projects. Reddy is a mining engineer from the Institution of Engineers (India), Kolkata. He holds a First Class Mine Manager Competency Certificate (Coal) from the Directorate General of Mines Safety and an [...]
by PTI News | Feb 22, 2022 | 7:55 pm | News
Mumbai, Feb 22 (PTI) Union Finance Minister Nirmala Sitharaman on Tuesday termed the charge of the BJP-led government using central agencies against political opponents as "baseless allegations". Speaking to reporters here, she also wondered how meetings between opposition like the ones involving Telangana Chief Minister K Chandrashekhar Rao, Maharashtra CM Uddhav Thackeray and NCP's Sharad [...]
by PTI News | Feb 22, 2022 | 7:52 pm | News
Mumbai, Feb 22 (PTI) Mumbai airport is expected to handle more than 1,000 aircraft movements per day once regular international flight services resume, according to the ATC Guild. Currently, the traffic at the Chhatrapati Shivaji International Airport -- the country's second largest airport -- remains around 25 per cent lower compared to the pre-COVID period. [...]
by PTI News | Feb 22, 2022 | 7:42 pm | News
New Delhi, Feb 22 (PTI) An Air India plane carrying more than 240 passengers from Ukraine is expected to land in the national capital after 10 pm on Tuesday, according to officials. The airline is operating a Boeing 787 aircraft to bring back Indians amid rising tensions between Ukraine and Russia. The flight AI 1946 [...]