by PTI News | Feb 2, 2022 | 10:40 pm | Corporate Action, News
New Delhi, Feb 2 (PTI) Digital maps company CE Infosystem, which operates under the MapmyIndia brand, on Wednesday said it will acquire 9.9 per cent stake in geospatial company Pupilmesh Private Limited for about Rs 49 lakh. MapmyIndia expects the acquisition to support its business opportunity in the area of navigation, it said in a [...]
by PTI News | Feb 2, 2022 | 10:22 pm | News
New Delhi, Feb 2 (PTI) A Parliamentary panel on Wednesday pitched for having uniform charges for cancellation of air tickets across airlines and expressed concerns that the charges are not regulated by the government. In its report tabled in the Rajya Sabha, the Department-related Parliamentary Standing Committee on Transport, Tourism and Culture appreciated the civil [...]
by PTI News | Feb 2, 2022 | 9:41 pm | Corporate Action, News
New Delhi, Feb 2 (PTI) HSBC Insurance (Asia Pacific) Holdings Ltd (INAH), one of the shareholders in Canara HSBC OBC Life Insurance Co Ltd, has expressed its intention to acquire Punjab National Bank's stake in the insurance company, according to a filing. "The bank has received a communication from HSBC Insurance (Asia Pacific) Holdings Ltd [...]
by PTI News | Feb 2, 2022 | 9:40 pm | News
New Delhi, Feb 2 (PTI) Drunk driving led to 8,355 road accidents, while driving on the wrong side caused 20,228 mishaps during the calendar year 2020, Parliament was informed on Wednesday. In a written reply to Rajya Sabha, Minister of Road Transport and Highways Nitin Gadkari said a total of 3,66,138 road accidents occurred in India [...]
by PTI News | Feb 2, 2022 | 9:37 pm | News
New Delhi, Feb 2 (PTI) The Institute of Company Secretaries of India (ICSI) has applauded the Union Budget 2022 and said its focus on productivity, climate action, financing investment and the PM Gati Shakti plan is aimed at promoting growth and sustainability. "It is a very progressive Budget aiming at inclusive development through incentivising MSME [...]
by PTI News | Feb 2, 2022 | 9:33 pm | News
New Delhi, Feb 2 (PTI) GE T&D India on Wednesday reported a loss of Rs 10 lakh for the October-December quarter against a net profit of Rs 55.92 crore in the quarter ended on December 31, 2020. Total income of the company stood at Rs 915.45 crore in the quarter, lower than Rs 1,057 crore [...]
by PTI News | Feb 2, 2022 | 9:11 pm | News
Jammu, Feb 2 (PTI) A senior government official on Wednesday assured all help including provision of agriculture machinery to farmers on priority basis to enable them to cultivate land along the international border in Kathua district of Jammu and Kashmir. Principal Secretary, Agriculture Production and Farmers Welfare, Navin K Choudhary gave the assurance during a [...]
by PTI News | Feb 2, 2022 | 9:00 pm | Economy, News
Kolkata, Feb 2 (PTI) Former Union finance minister Yashwant Sinha on Wednesday described that the budget presented in Parliament the previous day as ‘incomplete’ claiming that it has not taken into account all the challenges.He expressed concern over unusually high government borrowing on account of large fiscal deficit, declining domestic savings from 37-38 per cent [...]
by PTI News | Feb 2, 2022 | 8:58 pm | News
New Delhi, Feb 2 (PTI) The interest subsidy or equalisation scheme has been approved by the Cabinet and the commerce ministry will "very" soon notify the "improved and modified" scheme for the exporters' community, a top government official said on Wednesday. Exporters have demanded the extension of the scheme. They get a subsidy under this [...]
by PTI News | Feb 2, 2022 | 8:50 pm | News
New Delhi, Feb 2 (PTI) The new law for special economic zones (SEZs) will comply with the global trade rules of the WTO and it will have a single-window clearance system besides world-class infrastructure and easy customs procedures, Commerce Secretary B V R Subrahmanyam said on Wednesday. The government on Tuesday proposed to replace the [...]
