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Sterlite Power picks up majority stake in MTCIL

New Delhi, Apr 18 (PTI) Sterlite Power on Monday said it has acquired a 64.98 per cent equity stake in Maharashtra Transmission Communication Infrastructure Limited. The company said in a statement that it has "acquired this equity stake from Sterlite Technologies Limited (STL)." Without sharing any further details, Sterlite Power said the acquisition is in [...]
Monetary transmission to banks’ interest rates likely to strengthen further: RBI article

Monetary transmission to banks’ interest rates likely to strengthen further: RBI article

The Reserve Bank's endeavour to improve monetary policy transmission by banks has gained traction, especially with the advent of the EBLR regime in October 2019 and the pace is likely to strengthen further, an RBI article said. Earlier, the internal benchmark-based lending rate regimes had faced a multitude of issues, such as arbitrariness in the [...]

Govt procures 69.24 lakh tonnes wheat so far for nearly Rs 14,000 cr

New Delhi, Apr 18 (PTI) The government has procured 69.24 lakh tonnes of wheat in the rabi marketing season so far at minimum support price (MSP) for nearly Rs 14,000 crore. "Wheat procurement has recently commenced in Rabi Marketing Season 2022-23 in the states of Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Uttrakhand, Chandigarh, Himachal Pradesh, [...]

Govt procures 69.24 lakh tonnes wheat so far for nearly Rs 14,000 cr

New Delhi, Apr 18 (PTI) The government has procured 69.24 lakh tonnes of wheat in the rabi marketing season so far at minimum support price (MSP) for nearly Rs 14,000 crore. "Wheat procurement has recently commenced in Rabi Marketing Season 2022-23 in the states of Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, Uttrakhand, Chandigarh, Himachal Pradesh, [...]

IISM Launches Landmark New Course for Sports Science

Chennai, Tamil Nadu, India (NewsVoir) India’s leading sports management college, International Institute of Sports Management (IISM) has announced the launch of landmark new courses in Sports Science to meet the growing demands of the field in the coming years. In line with this announcement IISM has unveiled its two new programmes: Bachelor in Sports Science [...]
Supreme Court is not district court where you can play with orders: SC to crypto scam accused

Supreme Court is not district court where you can play with orders: SC to crypto scam accused

The Supreme Court on Monday took serious note of the non-compliance of its earlier order by a crypto-currency scam accused of not sharing his username/passwords with the Enforcement Directorate and said, “We are not a district court where you can play with the orders”. A bench of Justices DY Chandrachud and Surya Kant warned the [...]

Summit Digitel to offer tower sharing infrastructure services to Airtel

New Delhi, Apr 18 (PTI) Digital infrastructure provider Summit Digitel on Monday announced a pact with Bharti Airtel under which the telecom operator will utilise Summit Digitel’s tower infrastructure as part of its wireless network rollouts. Connectivity would reinvent and redefine everything, from how businesses are operated to the way people stay connected, CEO of [...]

Sanofi India names Rodolfo Hrosz as new Managing Director

New Delhi, Apr 18 (PTI) Sanofi India on Monday said it has appointed Rodolfo Hrosz as the new Managing Director with effect from June 1. The company's board, in its meeting held on Monday, has approved the appointment. Hrosz will transition from being Sanofi's General Manager, Consumer Healthcare business in Brazil to his new role [...]

Merck Foundation CEO to Launch Their First TV Program ‘Our Africa by Merck Foundation’ to Address Social and Health Issues Through African Fashion and Art

Mumbai, Maharashtra, India & Nairobi, Kenya – Business Wire India • Merck Foundation launches its first-ever TV program called - “Our Africa by Merck Foundation” to create a culture shift by raising awareness about a wide range of social and health challenges in our communities such as: Diabetes, Ending Child Marriage, Supporting Girl Education, Women [...]

ICICI Pru eyes 22% growth in VNB this fiscal

Mumbai, Apr 18 (PTI) ICICI Prudential Life Insurance is on course to meet the target of doubling the value of new business this fiscal from the FY19 levels, as the largest private-sector life insurer expects to continue the good run it had in FY22 and expand the margin by 22 per cent.It had nearly trebled [...]
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