by PTI News | Dec 6, 2021 | 9:36 am | Corporate Action, News
New Delhi, Dec 6 (PTI) Realty firm Godrej Properties Ltd on Monday said it has entered into a joint venture (JV) with TDI group to build a luxury housing project at Connaught Place in Central Delhi.In a regulatory filing, Godrej Properties informed that the project would have a development potential of about 1.25 lakh square [...]
by PTI News | Dec 6, 2021 | 9:17 am | Economy, News
Lancaster (UK), Dec 6 (The Conversation) Facebook’s approach to users’ data has just been dealt a major blow from the European court of justice (ECJ). In an answer to a question from Germany’s highest court, the ECJ’s advocate general – whose opinion is not binding but is generally followed by the court – has made [...]
by PTI News | Dec 5, 2021 | 6:29 pm | News
Mumbai, Dec 5 (PTI) The Tata Groups' reported plans to set up a USD 300-million semiconductor manufacturing facility on a wartime basis is likely to face some headwinds given the absence of raw materials in the country and its scarce availability outside due to the ongoing shortage globally since the pandemic, says a report. The [...]
by PTI News | Dec 5, 2021 | 5:18 pm | Economy, News
New Delhi, Dec 5 (PTI) IT Minister Ashwini Vaishnaw on Sunday exhorted the banking industry to create an innovative digital platform -- as powerful, seamless and robust as UPI -- for providing quick and easy credit to MSME, small businessmen, and those at the bottom of pyramid. The building blocks required to create such a [...]
by PTI News | Dec 5, 2021 | 3:15 pm | Economy, News
Agartala, Dec 5 (PTI) India will supply 20 per cent more power to Bangladesh as the two countries renewed the contract for another five years, officials said on Sunday.Tripura State Electricity Corporation Limited (TSECL) will supply 192 mw power to Bangladesh, an increase from the earlier 160 mw it supplied, as per the renewed agreement.India [...]
by PTI News | Dec 5, 2021 | 3:09 pm | IPO, News
New Delhi, Dec 5 (PTI) Ahead of its proposed initial public offering (IPO), insurance behemoth LIC has improved its asset quality for the financial year ended March 2021. The non-performing assets (NPAs) as of March 31, 2021, are Rs 35,129.89 crore out of a total portfolio of Rs 4,51,303.30 crore, according to the latest Annual [...]
by PTI News | Dec 5, 2021 | 2:14 pm | Economy, News
Mumbai, Dec 5 (PTI) Amid the rising scare from the new coronavirus variant Omicron and ahead of the MPC meet, SBI house economists have urged the central bank to delay liquidity normalisation measures through a reverse repo hike, as such a "prudent step" in the current situation will give more time for economic recovery to [...]
by PTI News | Dec 5, 2021 | 1:45 pm | Corporate Action, News
Kolkata, Dec 5 (PTI) RSWM Ltd, a group company of the LNJ Bhilwara, is foraying into knitted fabric in line with the demand trend which will contribute Rs 800 crore to its topline over the next two to three years, a senior company official said on Sunday. One of the largest makers and exporters of [...]
by PTI News | Dec 5, 2021 | 1:21 pm | Economy, News
New Delhi, Dec 5 (PTI) The government has expanded the SCALE committee (Steering Committee for Advancing Local Value-Add and Exports) by adding three new members, hailing from diverse industry backgrounds, according to an industry insider. The new appointees are Panasonic India Chairman and CEO Manish Sharma, Toyota Kirloskar Vice-Chairman Vikram S Kirloskar, and Asian Paints [...]
by PTI News | Dec 5, 2021 | 1:04 pm | IPO, News
New Delhi, Dec 5 (PTI) The initial share-sale of footwear retailer Metro Brands Ltd, which is backed by Rakesh Jhunjhunwala, will open for public subscription on December 10. The initial public offering (IPO) will conclude on December 14, according to the red herring prospectus. The initial share-sale comprises fresh issuance of equity shares worth Rs [...]
