by PTI News | Mar 22, 2022 | 10:01 pm | News
New Delhi, Mar 22 (PTI) A Parliamentary panel has suggested the power ministry to enhance the fund allocation for Revamped Distribution Sector Scheme (RDSS), which is aimed at revival of distribution companies, during 2022-23 at revised estimate stage. "They also express their concern over the less allocation of funds for this important scheme and recommend [...]
by PTI News | Mar 22, 2022 | 9:55 pm | Corporate Action, News
Kochi, Mar 22 (PTI) A Kochi-based educational startup has launched video solutions to mathematics questions for CBSE syllabus explaining how to solve each problem. Showans.com, the web portal, has initiated the service explaining answers to multiple-choice questions in video format. "In the first phase, the video service covers the mathematics syllabus of CBSE Class X, [...]
by PTI News | Mar 22, 2022 | 9:51 pm | News
New Delhi, Mar 22 (PTI) A Parliamentary panel on Tuesday suggested that the government should conduct a third-party audit of CSR spending by corporates.The Parliamentary Standing Committee on Finance, headed by BJP member Jayant Sinha, also expressed concerns over the monitoring mechanism in ensuring compliance with the provisions of CSR, saying that information regarding such [...]
by PTI News | Mar 22, 2022 | 9:50 pm | Corporate Action, News
Kochi, Mar 22 (PTI) Technisanct, a cybersecurity startup with its research centre in Kochi, has decided to increase its manpower as the firm has received an investment of Rs 2 crore. The company said it received the investment with participation from Shashidhar Pai (S3K Ventures), K T Chandy (Partner-EY) and Surabhi Marwah (Partner-EY). Technisanct, which [...]
by PTI News | Mar 22, 2022 | 9:46 pm | Corporate Action, News
New Delhi, Mar 22 (PTI) Hotel bookings for the March-May period this year have surpassed the pre-pandemic levels of the same period of 2019, led by strong domestic demand, Indian Hotels Co Ltd (IHCL) Managing Director & CEO Puneet Chhatwal said on Tuesday. The head of the Tata group hospitality firm said that the long-term [...]
by PTI News | Mar 22, 2022 | 9:44 pm | News
New Delhi, Mar 22 (PTI) Cutting across party lines, Lok Sabha members on Tuesday lauded the government's efforts to rescue students stranded in war-torn Ukraine even as opposition members slammed the sale of national carrier Air India and the move to privatise airports.Participating in the debate on the demand for grants of the civil aviation [...]
by PTI News | Mar 22, 2022 | 9:44 pm | Corporate Action, News
New Delhi, Mar 22 (PTI) IT company HCL Technologies has signed an agreement with Florida-based Neoris to jointly offer integrated IT solutions globally.As a result of this collaboration, both companies will be able to expand their operations and access new regions, making them better positioned to explore global markets.Neoris' global presence includes operations in Latin [...]
by PTI News | Mar 22, 2022 | 9:43 pm | News
New Delhi, Mar 22 (PTI) A Parliamentary panel on Tuesday suggested the Ministry of New and Renewable Energy (MNRE) to monitor RE projects and adhere to deadlines saying clean energy target of 175GW is unlikely to be achieved by 2022. "Because of continuous non-achievement of the assigned yearly physical targets, it is highly unlikely that [...]
by PTI News | Mar 22, 2022 | 9:30 pm | News
New Delhi, Mar 22 (PTI) Adani Power on Tuesday said its board has approved an amalgamation scheme for the merger of its six wholly-owned subsidiaries with itself."The Board of Directors of Adani Power Ltd at its Meeting held on March 22, 2022, approved, subject to requisite approvals/consents, the Scheme of Amalgamation of various wholly-owned subsidiaries [...]
by PTI News | Mar 22, 2022 | 9:27 pm | News
New Delhi, Mar 22 (PTI) The Serious Fraud Investigation Office (SFIO) has been ordered to probe 14 cases involving 95 companies in the current fiscal till March 17, the government informed Rajya Sabha on Tuesday. In a written reply, Minister of State for Corporate Affairs Rao Inderjit Singh also said the government has taken a [...]
