New Delhi, Mar 21 (PTI) Government-sponsored SWAMIH fund has achieved completion of the second phase of housing project Panchsheel Greens 2 in Greater Noida, near here, and keys have been handed over to homebuyers, the Finance Ministry said on Monday. Within eight months of project receiving SWAMIH funding, Phase 2 launched in 2012 of Panchsheel [...]
New Delhi, Mar 21 (PTI) Property consultant Realistic Realtors on Monday said it has facilitated the leasing of 70,000 square feet of managed office space in Ahmedabad to US-based Analytix Business Solutions. The tri-party agreement has been facilitated between Sun Builders Group, The Address and US-headquartered Analytix Business Solutions (I) Pvt Ltd, the Gurugram-based consultant [...]
New Delhi, Mar 21 (PTI) The board of state-run REC on Monday approved a proposal to raise up to Rs 85,000 crore in 2022-23 which includes Rs 75,000 crore from different type of bonds, term loans, external commercial borrowing among others. "The Board of Directors of REC Ltd in its meeting held on March 21, [...]
The electric vehicle manufacturers would need government support for a longer term until the EV market becomes self-sustainable, more affordable and within the reach of the common man, a Parliamentary panel said in a report on Monday. The department-related parliamentary standing committee on industry has also expressed concerns over a "lacklustre progress" in both physical [...]
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday asserted that the proposed 8.1 per cent interest rate on employees' provident fund is better than interest rates offered by other small savings schemes, and the revision is dictated by the realties of the current times. The EPFO's central board takes a call on [...]
New Delhi, Mar 21 (PTI) Film exhibition major PVR Ltd on Monday announced the launch of its movie non-fungible token (NFT) 'PVRRR' in association with DVV Entertainment, the producers of the upcoming movie RRR, as it looks to add another avenue for promoting movies. The PVRRR NFTs, which are powered by ngageN, will be available [...]
Bhubaneswar, Mar 21 (PTI) The National Bank for Agriculture and Rural Development said on Monday that it has sanctioned a financial assistance of more than Rs 4,000 crore to Odisha in the current fiscal, the highest allocation in the country.The allotment was made on the basis of the priority accorded by the state government for [...]
New Delhi, Mar 21 (PTI) Citing non-implementation of penalty against corrupt officers, the Central Vigilance Commission on Monday asked public sector banks and government departments to ensure that guilty do face the punishment, and the compliance report for 2020 and 2021 should be forwarded to the CVC latest by June 30. After completion of departmental [...]
New Delhi, Mar 21 (PTI) Commerce and Industry Minister Piyush Goyal has said that several ministries, which are related to e-commerce, are deliberating on the e-commerce policy draft and it will be put out in the public domain after discussions, according to a statement issued by domestic traders body CAIT.A delegation of the Confederation of [...]
New financing secured from Aseem Infrastructure Finance Limited, NIIF Infrastructure Finance Limited and Aditya Birla Finance Limited New Delhi, Delhi, India (NewsVoir) Sterlite Power, a leading power transmission developer and solutions provider, announced the successful refinancing of its project loan for the recently commissioned Khargone Transmission Project. The new financing from Aseem Infrastructure Finance Limited [...]
