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IndiGo increases pilots’ salaries by 8%

by | Mar 31, 2022 | 10:14 pm | Corporate Action, News

New Delhi, Mar 31 (PTI) IndiGo on Thursday announced that pilots' salaries have been increased by eight per cent in view of the continuous steady flight operations.Full regular international flight services resumed in India after the COVID-19 outbreak on March 27. Full regular domestic flights resumed in the country on October 18 last year."Now, as [...]

Infra sector growth rises to 4-month high of 5.8% in Feb

by | Mar 31, 2022 | 10:08 pm | Economy, News

New Delhi, Mar 31 (PTI) The production of eight infrastructure sectors expanded by 5.8 per cent in February, the sharpest growth in the last four months on better output of coal, natural gas, refinery products and cement industries, according to official data released on Thursday. The production of the core sectors had declined by 3.3 [...]

JICA extends Rs 2391 crore loan for water supply, sewerage project in Bengaluru

by | Mar 31, 2022 | 10:06 pm | Economy, News

Bengaluru, Mar 31 (PTI) The Japan International Cooperation Agency (JICA) signed a loan agreement with the Centre to provide loan worth around Rs 2,391 crore for the construction of water supply and sewerage facilities under Bengaluru Water Supply and Sewerage Project Phase-3. This project aims to provide safe and stable water supply and sewerage services [...]

Haryana Agriculture Minister launches ‘Mukhya Mantri Bagwani Bima Yojana’ portal

by | Mar 31, 2022 | 9:54 pm | News

Chandigarh, Mar 31 (PTI) Haryana Agriculture Minister J P Dalal on Thursday launched the portal of 'Mukhya Mantri Bagwani Bima Yojana.' Under this scheme, farmers will be compensated for the damage caused to their crops due to adverse weather and natural calamities, he said. He said that adverse weather and natural calamities like hailstorm, adverse [...]

Swan Energy raises Rs 318 crore

by | Mar 31, 2022 | 9:51 pm | Corporate Action, News

New Delhi, Mar 31 (PTI) Swan Energy Limited (SEL) on Thursday said it has approved the allotment of over 1.96 crore shares for about Rs 318 crore to promoter group and non-promoters on preferential basis. The company's board at its meeting held on March 31, 2022, "considered and approved the allotment of 1,96,60,000 equity shares [...]

Non-food credit growth accelerates to 8% in Feb: RBI data

by | Mar 31, 2022 | 9:47 pm | Economy, News

Mumbai, Mar 31 (PTI) The non-food credit growth has accelerated to 8 per cent in February as against 6.6 per cent in the year-ago period, the Reserve Bank said on Thursday. For the current fiscal year till February 25, the non-food credit growth has accelerated to 6.2 per cent against 3.7 per cent for the [...]

Dedicated freight corridor 2nd phase gets Rs 7,517 cr Jica loan

by | Mar 31, 2022 | 9:35 pm | Corporate Action, News

Mumbai, Mar 31 (PTI) The Japan International Cooperation Agency (Jica) has signed a loan agreement with the government to extend 1,16,520 million yen or around Rs 7,517 crore to the Western leg of the dedicated freight railway project. The agency on Thursday said the soft loan is being extended under the government of Japan's official [...]

Vedanta to source 580 MW green energy for India operations

by | Mar 31, 2022 | 9:28 pm | Corporate Action, News

New Delhi, Mar 31 (PTI) Mining giant Vedanta Limited on Thursday said its board has approved a proposal to source 580 MW of green energy for its operations across India. The company said a power delivery agreement has been signed with the Sterlite Power Technologies Private Ltd, a special purpose vehicle for supply of solar [...]