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FinMin invites bids for FSNL privatisation

New Delhi, Mar 31 (PTI) The finance ministry on Thursday invited bids to sell the entire government stake in Ferro Scrap Nigam Ltd (FSNL).The last date to submit an Expression of Interest (EoI) is May 5."The Government of India is proposing to disinvest Ferro Scrap Nigam Limited (FSNL), a 100 per cent subsidiary of MSTC [...]

ADB, HSBC India set up USD 100 mn partial guarantee prog for MFI sector

New Delhi, Mar 31 (PTI) Asian Development Bank (ADB) and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India. HSBC will expand its lending to microfinance institutions (MFIs) and non-bank finance companies, with ADB partially guaranteeing the [...]

NMIMS signs MoUs with four global universities

MUMBAI, India, March 31, 2022 /PRNewswire/ -- SVKM's Narsee Monjee Institute of Management Studies (NMIMS) Deemed-to-be University, announced on 24th March, 2022 that it has signed memoranda of understanding (MoUs) with four global universities to reform business and professional excellence through educational and academic exchanges across the world. These MoUs will promote educational and academic [...]

Premas Life Sciences Continues to Take Indian Research to New Avenues with its Strategic Partnerships

New Delhi, Delhi, India (NewsVoir) Premas Life Sciences (PLS) and Beckman Coulter today announced a new sales distribution agreement, appointing Premas Life Sciences as the technology and knowledge partner of Beckman Coulter Life Sciences Automated Liquid handling solutions in India. As experts in fluid transferology, Beckman Coulter Life Sciences offers a broader range of flexible, [...]

Must not allow communal exclusion in Karnataka: Kiran Mazumdar-Shaw

Bengaluru, March 31 (PTI) With Biocon chief Kiran Mazumdar-Shaw requesting him to resolve "growing religious divide" in Karnataka, Chief Minister Basavaraj Bommai on Thursday called upon all sections of society to observe restraint before going public on social issues, as they can be resolved through discussions. He said Karnataka is known for peace and progress [...]

ANSR revamps brand identity, unveils new logo

A refreshed look representing a unique, elegant, and progressive brand BENGALURU, India, March 31, 2022 /PRNewswire/ -- ANSR, the market leader in helping global organizations accelerate digital transformation and technology innovation through Global Capability Centers (GCCs), today unveiled its refreshed brand identity and the new company logo. Called the 'Future Beam,' the new logo is [...]

L&T appoints ex-Citi India head Pramit Jhaveri as director

New Delhi, Mar 31 (PTI) Larsen & Toubro Limited (L&T) has appointed former Chief Executive Officer of Citibank India Pramit Jhaveri as independent director. The board also approved the appointment of Jhaveri as an independent director of the company for a period of five years with effect from April 1, 2022, L&T said in a [...]

Over 37,000 accidents involving trucks or lorries occurred in 2019

New Delhi, Mar 31 (PTI) As many as 37,078 accidents involving trucks or lorries occurred in 2019, causing 13,532 deaths, Parliament was informed on Thursday. In a written reply to the Lok Sabha, the Minister of Road Transport and Highways Nitin Gadkari said that as many as 23,868 people were killed in road accidents in which impacting vehicles were trucks or lorries [...]