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Free wheeling of power, open access in National Hydrogen Policy

New Delhi, Feb 17 (PTI) The government on Thursday allowed free inter-state wheeling of renewable energy used in the production of green hydrogen and ammonia as it seeks to boost usage of the carbon-free fuel and make India an export hub. Unveiling the first part of the much-awaited National Hydrogen Policy, Power and New and [...]

Sa-Dhan introduces credit assessment framework for microfinance borrowers

Mumbai, Feb 17 (PTI) Sa-Dhan, a self-regulatory organisation for the microfinance sector, Thursday said it has introduced the credit assessment framework (CAF) for microfinance borrowers. Over the past one-and-a-half years, Sa-Dhan has worked to introduce a conducive and effective framework that will enable income assessment and risk profiling of borrowers, according to a statement. The [...]

Hindujas-backed MindMaze secures USD 105 million funding

New Delhi, Feb 17 (PTI) Hindujas-backed digital neuro-therapeutics solutions provider MindMaze on Thursday said it has secured a USD 105 million (over Rs 785 crore) financing led by Concord Health Partners, a US-based healthcare private equity firm. The round also witnessed participation from London-based Hambro Perks and other family office investment groups, the company said [...]

Greater confidence now of co-existing with virus: HDFC Deepak Parekh

Mumbai, Feb 17 (PTI) HDFC Chairman Deepak Parekh on Thursday said after almost two years into the pandemic, there is now greater confidence of co-existing with the virus and the optimism of a return to near normalcy. "After nearly 24 gruelling months of the pandemic, there is now greater confidence of co-existing with the virus [...]

Apollo joins hands with Marafon group to enter Uzbekistan

New Delhi, Feb 17 (PTI) Apollo Hospitals on Thursday said it has inked a pact with Marafon Group to make a foray into Uzbekistan. The leading healthcare provider has inked a memorandum of understanding (MoU) with Marafon Group for setting up a first-of-its-kind tertiary care hospital. The Marafon Group already operates over nine medical and [...]

FHRAI urges states to lift all curbs on hotels, restaurants

New Delhi, Feb 17 (PTI) Hospitality industry body FHRAI on Thursday urged state governments to lift all restrictions on hotels, restaurants and venues in line with the Centre's guidance to states on easing of additional COVID-19 curbs. On Wednesday, the Centre asked states and union territories to review, amend or do away with additional COVID-19 [...]

DFS Secy Sanjay Malhotra nominated on SBI board as director

New Delhi, Feb 17 (PTI) State Bank of India (SBI) on Thursday said the government has nominated Financial Services Secretary Sanjay Malhotra as a director on its board. The country's largest lender said it received a notification from the Department of Financial Services, Ministry of Finance, informing about the nomination on February 16, 2022. "(T)he [...]

Bombay Scottish School to complete 175 years on Friday

Mumbai, Feb 17 (PTI) Bombay Scottish School, established in February 1847 by Scottish missionaries as a boys' orphanage for their Presbyterian soldiers, will complete 175 years of its establishment on Friday. The second oldest school in the megapolis is the alma mater of many personalities like NSE chief executive Vikram Limaye, and many film stars, [...]

Malicious falsehood cannot become freedom of speech: Delhi HC

New Delhi, Feb 17 (PTI) The Delhi High Court has said that malicious falsehood cannot become freedom of speech and directed the competitor of a coaching institute to take down portions of its YouTube video alleging falsities against the rival.   Justice Asha Menon, who was dealing with a lawsuit by FIITJEE against the defendant [...]
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