by PTI News | Feb 1, 2022 | 9:59 pm | Economy, News
Noida, Feb 1 (PTI) Lamenting no sops for middle class and traders in the Budget 2022-23, the NCR chapter of the Confederation of All India Traders (CAIT) said it will be writing to the Union Finance Ministry to reconsider extending relief in these categories. CAIT's NCR unit convenor Sushil Kumar Jain said in the budget, [...]
by PTI News | Feb 1, 2022 | 9:58 pm | News
New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Tuesday said data centre and energy storage systems have been granted infrastructure status that will enable them to get easy financing for their growth."Data Centres and Energy Storage Systems including dense charging infrastructure and grid-scale battery systems will be included in the harmonized list of [...]
by PTI News | Feb 1, 2022 | 9:52 pm | Company Results, News
Chennai, Feb 1 (PTI) Cholamandalam Investment and Finance Company Ltd has recorded a standalone profit for the quarter ending December 31, 2021 at Rs 523.79 crore, the company said on Tuesday. The city-based financial services division of diversified conglomerate Murugappa Group company had registered standalone net profits at Rs 408.86 crore during the corresponding quarter [...]
by PTI News | Feb 1, 2022 | 9:48 pm | Company Results, News
Mumbai, Feb 1 (PTI) Auto industry-focused KPIT Technologies on Tuesday reported a 64 per cent jump in net profit to Rs 70.3 crore for the December quarter.The Pune-based company had reported a post-tax profit of Rs 42.974 crore in the year-ago period.Its total income increased to Rs 631 crore from Rs 523.9 crore the year-ago [...]
by PTI News | Feb 1, 2022 | 9:47 pm | Economy, News
Guwahati, Feb 1 (PTI) The North East and Assam chapters of the Confederation of Indian Industry (CII) and the Federation of Industry and Commerce of North Eastern Region (FINER) on Tuesday welcomed the Union budget saying it is balanced and help the people of the region getting livelihoods.Chairman of CII, North East Council, Abhijit Barooah [...]
by PTI News | Feb 1, 2022 | 9:39 pm | News
New Delhi, Feb 1 (PTI) DSP Mutual Fund on Tuesday said it has stopped accepting inflows into its six schemes with international mandates from Wednesday. The six schemes are -- DSP US Flexible Equity Fund, DSP Global Allocation Fund, DSP World Gold Fund, DSP World Mining Fund, DSP World Agriculture Fund and DSP World Energy Fund. [...]
by PTI News | Feb 1, 2022 | 9:34 pm | Economy, News
New Delhi, Feb 1 (PTI) Internet and Mobile Association of India (IAMAI) on Tuesday said the Union Budget reflects the government's aim to create a robust and inclusive digital economy."This year, the Union Budget has an all-around focus on digital economy - from creating an access infrastructure to harnessing digital - for social sectors, such [...]
by PTI News | Feb 1, 2022 | 9:32 pm | Economy, News
Jamshedpur, Feb 1 (PTI) Tata Steel CEO and Managing Director T V Narendran on Tuesday welcomed the Union Budget, describing it as yet another progressive, future focussed and inclusive budget that aimed to position the economy on an accelerated growth trajectory, especially in the backdrop of an encouraging broader economic recovery, a company statement said. [...]
by PTI News | Feb 1, 2022 | 9:30 pm | Economy, News
New Delhi, Feb 1 (PTI) Healthcare experts on Tuesday said the proposed National Tele Mental Health Programme was a welcome step by the Centre, especially in view of the long COVID, but the Union Budget did not give adequate attention to other critical issues such as incentives for health insurance and skill development.Finance Minister Nirmala [...]
by PTI News | Feb 1, 2022 | 9:27 pm | News
New Delhi, Feb 1 (PTI) The government's push on fiberisation and technology will spur connectivity, while the design-led scheme announced in the Budget for the 5G ecosystem will bolster India's position as a manufacturing hub, the telecom industry said on Tuesday. Budget announcements including those around 5G spectrum auction and 100 per cent fiberisation with [...]
