New Delhi, Feb 7 (PTI) The government has not yet decided on public sectors banks that are to be privatised, Minister of State for Finance Bhagwat Karad informed Parliament on Monday. The government had in Budget 2021-22 announced its intent to privatise two public sector banks (PSBs) during the year. "As per inputs received from [...]
Aurangabad, Feb 7 (PTI) Dalit Indian Chamber of Commerce and Industry (DICCI) founder Milind Kamble on Monday said amid the coronavirus pandemic, it was necessary to encourage employment in the country and the Centre has tried to do the same in the Union Budget for 2022-23 which has outlined various steps for the MSME sector.To [...]
New Delhi, Feb 7 (PTI) Union Power and New & Renewable Energy Minister R K Singh on Monday said India and ASEAN together can develop the entire ecosystem for renewable energy (RE) and explore the joint initiative for building RE manufacturing hubs in the region. At the ASEAN-India High-Level Conference on Renewable Energy, in his [...]
New Delhi, Feb 7 (PTI) The Supreme Court Monday directed the authorities to commence within two weeks the demolition of realty major Supertech Ltd's twin 40-storey towers of its Emerald Court project in Noida. A bench comprising Justices D Y Chandrachud and Surya Kant also directed the Noida CEO to convene a meeting within 72 [...]
Jammu, Feb 7 (PTI) Aiming to develop street, walkability experience and connectivity for citizens, Jammu Smart City Ltd (JSCL) on Monday signed a pact for the development of Apsara road 'High Street' Gole market area along with the adjoining roads, an official said. The Rs 50-crore development project, under the Smart City programme of the [...]
New Delhi, Feb 7 (PTI) India's gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, Minister of State for Finance Pankaj Chaudhary said on Monday. In a written reply to a query in the Lok Sabha, Chaudhary said the government has implemented several major reforms [...]
New Delhi, Feb 7 (PTI) Shares of InterGlobe Aviation, the parent of IndiGo, zoomed nearly 10 per cent after the firm posted a profit after tax of Rs 129.8 crore in the three months ended December 2021. The stock jumped 9.91 per cent to settle at Rs 2,170.05 on BSE. During the day, it gained [...]
*AGEL gets nod to become member of GRI South Asia Charter on Sustainability Imperatives New Delhi, Feb 7 (PTI) Adani Green Energy has announced that it has received the approval for being a member of the GRI South Asia Charter on Sustainability Imperatives. The GRI South Asia Charter on Sustainability Imperatives - a unique creation [...]
JM Financial on Monday said its consolidated net profit witnessed a 20 per cent jump to Rs 216.80 crore in the December 2021 quarter. Its consolidated income grew a moderate 8.25 per cent to Rs 964.48 crore, the city-based company, which is into equity broking, investment banking and credit, said. The company's consolidated loan book [...]
New Delhi, Feb 7 (PTI) Serious Fraud Investigation Office (SFIO) has received eight complaints regarding violation of various provisions of the insolvency law, Union minister Rao Inderjit Singh told Lok Sabha on Monday. He did not provide specific details. The Insolvency and Bankruptcy Code (IBC) provides a market-linked framework for resolution of stressed assets and [...]