by PTI News | Feb 17, 2022 | 12:08 am | Corporate Action, News
New Delhi, Feb 16 (PTI) JSW Ispat Special Steel, a JV between private equity AION & JSW Steel, on Wednesday said it has hived off its Raipur, Chhattisgarh plant along with certain other assets to its wholly-owned subsidiary via a slump sale of around Rs 450 crore.JSW Ispat Special Products Limited (formerly known as Monnet [...]
by PTI News | Feb 16, 2022 | 10:42 pm | Corporate Action, News
New Delhi, Feb 16 (PTI) Undergoing insolvency and bankruptcy process, Reliance Capital on Wednesday said it cannot ascertain the financial implication of a Sebi order against promoter Anil Ambani and former CFO related to an alleged violation of capital market regulations. Capital markets regulator Sebi had on February 11 issued an interim order cum showcause [...]
by PTI News | Feb 16, 2022 | 9:59 pm | Corporate Action, News
Mumbai, Feb 16 (PTI) FedEx on Wednesday said there is a need to make the global supply chain smarter and more resilient through digital transformation. "Let us rethink our all digital capabilities and capitalise on this immense opportunity to leverage data. Supply chain is the backbone of global economy as you have seen in the [...]
by PTI News | Feb 16, 2022 | 9:57 pm | Economy, News
New Delhi, Feb 16 (PTI) India and Germany on Wednesday signed a work plan for cooperation to strengthen quality infrastructure, reduce technical barriers to trade, enhance product safety and strengthen consumer protection. The work plan 2022 was signed during the virtually held 8th annual meeting of the Indo-German Working Group on Quality Infrastructure, led by [...]
by PTI News | Feb 16, 2022 | 9:51 pm | News, News Alert
ED files money laundering case against ABG Shipyard, promoters in over Rs 22,842- crore alleged bank loan fraud case: Officials. PTI NES RT RT RT
by PTI News | Feb 16, 2022 | 9:42 pm | Corporate Action, News
New Delhi, Feb 16 (PTI) Life Insurance Corporation (LIC) has disclosed that the total number of individual and group policies has witnessed a decline due to the COVID-19 pandemic. "Our total number of individual policies and group policies (in terms of lives insured) issued in India decreased by 16.76 per cent from 75 million for [...]
by PTI News | Feb 16, 2022 | 9:21 pm | News
Haldia (WB), Feb 16 (PTI) Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Wednesday flagged off the maiden voyage of shipment of steel from Haldia to Pandu through the Indo Bangladesh Protocol route. This maiden voyage showcases multi-modal movement of cargo along with harnessing of the power of river–sea combination. "Sonowal...flagged off the [...]
by PTI News | Feb 16, 2022 | 9:19 pm | News
Mumbai, Feb 16 (PTI) The central government has nominated Sanjay Malhotra, secretary in Department of Financial Services, as a director on the RBI's central board. The nomination of Malhotra is effective from Wednesday (February 16) and until further orders, the Reserve Bank of India (RBI) said in a statement. PTI NKD HRS hrs
by PTI News | Feb 16, 2022 | 9:14 pm | News
New Delhi, Feb 16 (PTI) Telecom operator Vodafone Idea Ltd (VIL) on Wednesday said it has successfully demonstrated 5G Voice over New Radio (VoNR) capability with its technology partner Nokia, during the 5G trials currently underway in Gandhinagar, Gujarat. Explaining the new capability, a VIL statement said that once deployed, the VoNR solution will enable [...]
by PTI News | Feb 16, 2022 | 9:08 pm | Economy, News
New Delhi, Feb 16 (PTI) The country's wheat production is likely to touch a record 111.32 million tonnes in the 2021-22 crop year (July-June), the agriculture ministry said on Wednesday. Besides wheat, record production is estimated for rice, pulses, maize, oilseeds and sugarcane as well, it added. The overall foodgrain production too is estimated at [...]