by PTI News | Apr 6, 2022 | 11:30 pm | Corporate Action, News
New Delhi, Apr 6 (PTI) The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Ananda Divine Developers. A two-member Delhi-based Principal bench of the NCLT had on March 25 admitted a plea filed by ICICI Prudential Venture, claiming a due of Rs 25 crore. The insolvency tribunal has appointed Harish Taneja as the [...]
by PTI News | Apr 6, 2022 | 10:48 pm | Corporate Action, News
New Delhi, Apr 6 (PTI) Despite investing Rs 2.5 lakh crore on track infrastructure between 2008 and 2019, the railways has failed to improve on its mobility outcomes, the CAG has said in its latest report and pulled up the national transporter for avoidable expenses. In the report submitted in Parliament on Wednesday, the Comptroller [...]
by PTI News | Apr 6, 2022 | 10:37 pm | Corporate Action, News
New Delhi, Apr 6 (PTI) A consortium of Bandhan Financial Holdings, GIC and ChrysCapital will acquire IDFC Asset Management Company for Rs 4,500 crore in one of the largest deals in the country's asset management space. The deal is subject to receipt of necessary regulatory approvals and customary closing conditions, according to a regulatory filing. IDFC [...]
by PTI News | Apr 6, 2022 | 10:04 pm | Corporate Action, News
New Delhi, Apr 6 (PTI) Despite investing Rs 2.5 lakh crore on track infrastructure between 2008 and 2019, the railways has failed to improve on its mobility outcomes, the CAG has said in its latest report and pulled up the national transporter for avoidable expenses. In the report submitted in Parliament on Wednesday, the Comptroller [...]
by PTI News | Apr 6, 2022 | 9:52 pm | Economy, News
New Delhi, Apr 6 (PTI) Three Sahara Group firms -- Sahara Credit Cooperative Society Ltd, Saharayn Universal Multipurpose Society Ltd and Humara India Credit Cooperative Society Ltd -- have been restrained by a court from collecting any deposits from the public, the government said on Wednesday. In an official statement, Union Cooperation Ministry said, "... [...]
by PTI News | Apr 6, 2022 | 9:39 pm | Economy, News
New Delhi, Apr 6 (PTI) Energy experts from across the world discussed ways to scale up innovation and use of technologies for transition towards clean energy at the Clean Energy Ministerial meeting which began on Wednesday. India is hosting the Clean Energy Ministerial (CEM), a forum of 29 countries, which will conclude on April 8, [...]
by PTI News | Apr 6, 2022 | 9:39 pm | Corporate Action, News
New Delhi, Apr 6 (PTI) Private lender DCB Bank on Wednesday said the RBI has approved the re-appointment of MD and CEO Murali M Natrajan for two years. "We wish to inform you that approval has been received from the Reserve Bank of India (RBI) for the re-appointment of Murali M Natrajan as the Managing Director & [...]
by PTI News | Apr 6, 2022 | 9:37 pm | Corporate Action, News
New Delhi, Apr 6 (PTI) Walmart group firm Flipkart on Wednesday announced its foray into the healthcare segment by launching a new app Flipkart Health Plus to leverage its reach and serve more than 20,000 pin codes across the country.Flipkart Health Flipkart Health Plus platform will onboard over 500 independent sellers with a network of [...]
by PTI News | Apr 6, 2022 | 9:35 pm | Economy, News
Ranchi, Apr 5 (PTI) The Jharkhand commercial taxes department has achieved a record revenue at Rs 19,794 crore in the just-concluded fiscal, a top official said on Wednesday. The commercial tax collection was Rs 16,147 crore in the financial year 2020-2021. "The commercial taxes department has generated an all-time high revenue to the tune of [...]
by PTI News | Apr 6, 2022 | 9:34 pm | Economy, News
Colombo, Apr 6 (PTI) Sri Lankan President Gotabaya Rajapaksa will not resign "under any circumstances", his government's chief whip told parliament on Wednesday as he defended the beleaguered leader's controversial decisions, amidst huge public protests demanding his resignation over the country's worst economic crisis.Sri Lankans have protested for weeks over lengthy power cuts and shortages [...]
