New Delhi, Feb 20 (PTI) The government is planning to revamp the commerce department which will have a more coherent trade promotion strategy with clear targets and execution accountabilities, an official statement said on Sunday. Under the plan, there is a proposal to set up a dedicated trade promotion body and a trade remedies review [...]
New Delhi, Feb 20 (PTI) Hinduja Global Solutions (HGS) on Sunday said its UK arm has bagged a contract worth Rs 2,100 crore to provide critical customer support to UK citizens for an initial period of two years. HGS UK Ltd bagged the contract from UK Health Security Agency (UKHSA), which is responsible for NHS [...]
Kathmandu, Feb 20 (PTI) Nepal has always been pursuing an independent, balanced and non-aligned foreign policy and its sovereign Parliament will decide what development assistance is needed for the country, the Ministry of Foreign Affairs said here on Sunday, in response to the contentious USD 500 million Millennium Corporation Challenge (MCC) programme. The Nepal government [...]
Retirement fund body EPFO added 14.6 lakh subscribers on a net basis in December 2021, an increase of 16.4 per cent compared to the year-ago period, according to the latest payroll data. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Sunday showed that the EPFO had added 12.54 lakh net subscribers [...]
The Ministry of Home Affairs (MHA) will "scrupulously" carry out a thorough background check of newly appointed CEO and MD of Air India, Ilker Ayci, a Turkish national, official sources said on Sunday. The Tata Group, which acquired the Air India from the government, had recently announced Ayci's appointment as the CEO and MD of [...]
Technology is a tiger that everyone is riding, India's top stock exchange NSE's then CEO Chitra Ramkrishna had told PTI eight years ago. At the time, she herself was riding the tiger at the helm of the National Stock Exchange, which had overtaken over 100-year-old Bombay Stock Exchange as India's biggest bourse within a year [...]
New Delhi, Feb 20 (PTI) Software-as-a-service provider Increff has raised USD 12 million (aroound Rs 82.62 crore) in its Series B funding round led by TVS Capital Funds, the company said. Premji Invest, Flipkart co-founder Binny Bansal's 021 Capital, and six existing angels participated in this round. Supply chain SaaS provider Increff plans to use [...]
Federal Bank subsidiary Fedbank Financial Services Ltd (FedFina) has filed preliminary papers with Sebi for its initial public offering (IPO). The draft red herring prospectus (DRHP) was filed with the capital markets regulator on February 19, 2022, Federal Bank said in a regulatory filing on Sunday. "Our subsidiary Fedbank Financial Services has filed its draft [...]
Realty firm Puravankara Ltd's sales bookings rose 17 per cent to Rs 666 crore in the third quarter of this fiscal year on the back of higher volumes as well as per square feet price realisation. According to its investors presentation, Puravankara sold 0.99 million square feet area during October-December 2021-22 as against 0.91 million [...]
