by PTI News | Apr 5, 2022 | 7:14 pm | Commodities, News
Kolkata, Apr 5 (PTI) Essential commodities are becoming dearer by the day in the metropolis as fuel prices continue to touch new highs, burning a hole in the pockets of the common man.Prices of vegetables, foodgrains and cooking oil have been on the upward curve since the last one week in most Kolkata markets, traders [...]
by PTI News | Apr 5, 2022 | 7:09 pm | News
New Delhi, Apr 5 (PTI) Torrent Power has raised Rs 600 crore through the issuance of 6,000 non-convertible debentures (NCDs) on a private placement basis."Company has issued and allotted Series 8 - 6,000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) of 600 Crore at a coupon rate of 6.20 per cent pa, 6.70 [...]
by PTI News | Apr 5, 2022 | 7:02 pm | Corporate Action, News
Chennai, Apr 5 (PTI) German luxury sports carmaker Porsche on Tuesday announced appointment of KUN Premium Cars Pvt Ltd as its dealer partner for Porsche Centre Chennai.Strengthening its presence in southern region, the company has set up VST Supercars Pvt Ltd as in charge of Porsche Centre in Bengaluru. Both the business partners have initiated [...]
by PTI News | Apr 5, 2022 | 7:01 pm | News
New Delhi, Apr 5 (PTI) Diagnostic services provider Dr Lal PathLabs on Tuesday said it has launched a pilot project to use drones for transporting blood samples. The use of drones would expand Dr Lal Pathlab’s services to inaccessible locations, the company said in a statement. Pilot projects are being launched across multiple remote, semi-urban [...]
by PTI News | Apr 5, 2022 | 6:58 pm | Economy, News
Jammu, Apr 5 (PTI) The economy of Jammu and Kashmir registered 7.5 per cent growth in last fiscal year on various initiatives undertaken by the finance department, an official said. The department took various initiatives for completion of more projects than in previous years, enhancement of revenue collection, besides ensuring financial discipline for improving public [...]
by PTI News | Apr 5, 2022 | 6:56 pm | Corporate Action, News
New Delhi, Apr 5 (PTI) Resurgent Power Ventures has completed the acquisition of electricity transmission project NRSS XXXVI Transmission Ltd under debt resolution initiated by PTC India Financial Services via competitive bidding."Pursuant to the Letter of Intent (LOI) issued by the lenders of NRSS XXXVI Transmission Ltd (NRSS XXXVI), Resurgent Power Ventures Pte Ltd (Resurgent) [...]
by PTI News | Apr 5, 2022 | 6:34 pm | Foreign Exchange and Rupee Price, News
Mumbai, Apr 5 (PTI) Rising for the third straight session, the rupee climbed 24 paise to close at 75.29 against the US dollar on Tuesday amid persistent foreign fund inflows and weakening of the American currency overseas. However, elevated crude oil prices and lingering geopolitical concerns capped the gains, forex traders said. At the interbank [...]
by PTI News | Apr 5, 2022 | 6:32 pm | Economy, News
New Delhi, Apr 5 (PTI) Parliament on Tuesday passed a bill to revamp the functioning of the institutes of chartered accountants, cost accountants and company secretaries, with Union Minister Nirmala Sitharaman asserting that the changes will usher in transparency and will not in any way impact the autonomy of these bodies. Rajya Sabha passed the [...]
by PTI News | Apr 5, 2022 | 6:25 pm | Economy, News
Mumbai, Apr 5 (PTI) The Reserve Bank on Tuesday said it has decided not to activate the countercyclical capital buffer at this point in time as it is not required.The framework on the countercyclical capital buffer (CCyB) was put in place by the Reserve Bank in terms of guidelines in February 2015 wherein, it was [...]
by PTI News | Apr 5, 2022 | 6:24 pm | IPO, News
New Delhi, Apr 5 (PTI) The Rs 130-crore Initial Public Offering (IPO) of Hariom Pipe Industries was subscribed 7.93 times on the final day of bidding on Tuesday on the back of a strong support from retail investors. The public issue received bids for 6.74 crore shares as against the 85 lakh on offer, translating [...]
