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No abnormal imports of apples noticed during Apr-Nov 2021 period: Govt

New Delhi, Feb 4 (PTI) The government on Friday said that no abnormal imports of apples have been noticed during April-November 2021 as only 1,183.79 MT worth USD 1.04 million of the fruit were imported during that period in the country. Apple imports from Dubai (UAE) are subject to normal MFN (Most Favoured Nation) rates [...]

STFC raises Rs 525 cr by issuing bonds

New Delhi, Feb 4 (PTI) Shriram Transport Finance Company (STFC) has raised Rs 525 crore by issuing secured bonds on a private placement basis, the company said on Friday. The non-banking finance company allotted 5,250 non-convertible debentures (NCDs) of face value of Rs 10 lakh each on February 2, 2022, STFC said in a regulatory [...]

Govt says has received complaints against online firms alleging FDI policy violation

New Delhi, Feb 4 (PTI) The government has received complaints from trader and industry associations against marketplace online retail firms alleging violation of the FDI policy on e-commerce sector, Parliament was informed on Friday. It has been alleged that certain marketplace e-commerce entities have created complex ownership structures and are engaging in an inventory-based model [...]

Pakistan signs new pact with China to kick off 2nd phase of CPEC during PM Khan’s visit to Beijing

Beijing, Feb 4 (PTI) Pakistan on Friday signed a new agreement with China to begin the second phase of the USD 60 billion China-Pakistan Economic Corridor (CPEC) as Prime Minister Imran Khan showered praise on the controversial projects, saying it has strategic significance for both the countries and delivering tangible benefits to the people. Khan, [...]

Cipla to buy 32.49% stake in solar power firm

New Delhi, Feb 4 (PTI) Drug major Cipla on Friday said it has signed a pact to acquire 32.49 per cent stake in AMP Energy Green Eleven to set up a captive solar power project in Maharashtra.The company has entered into a shareholder's agreement along with the power purchase agreement to acquire up to 32.49 [...]

World Cancer Day: Green Trends salon donates 100 wigs

Chennai, Feb 4 (PTI): Green Trends, a beauty salon of consumer goods firm CavinKare Ltd, on Friday said it has committed to donate 100 wigs to underprivileged cancer patients under its corporate social responsibility initiative 'Shair'. Commemorating the World Cancer Day today, the city-based company said the salon chain delivered the first batch of 50 [...]

Govt plans to make fitness testing of vehicles through Automated Testing Stations mandatory from 2023 onwards

New Delhi, Feb 4 (PTI) The government plans to make fitness testing of vehicles through Automated Testing Stations mandatory in a phased manner starting from April next year. The Road Transport and Highways Ministry on Friday said a draft notification has been issued for public comments regarding mandatory fitness testing of vehicles through Automated Testing [...]

Dept of Fisheries approves projects worth Rs 5,918 cr under PMMSY

New Delhi, Feb 4 (PTI) The Department of Fisheries has approved projects worth Rs 5,918 crore of various state governments and other agencies under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), Parliament was informed on Friday. In a written reply to the Rajya Sabha, Fisheries, Animal Husbandry and Dairying Parshottam Rupala said the department of [...]

S R Narasimhan takes additional charge as CMD POSOCO

New Delhi, Feb 4 (PTI) State-run Power System Operation Corporation Ltd(POSOCO) on Friday said its Director (System Operation) S R Narasimhan has taken additional charge of the post of chairman and managing director. "S R Narasimhan, Director (System Operation), has assumed the additional charge of the post of Chairman and Managing Director (CMD) of Power [...]
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