by PTI News | Mar 13, 2022 | 4:30 pm | Company Results, News
Mumbai, Mar 13 (PTI) The fifth largest affordable housing player Shriram Housing Finance has set a target of doubling its loan-book to Rs 10,000 crore and become the third largest player by FY2024 on the back of a 45 per cent growth this fiscal at around Rs 5,300 crore. Shriram Housing Finance, promoted by Shriram [...]
by PTI News | Mar 13, 2022 | 4:08 pm | News
New Delhi, Mar 13 (PTI) SpiceHealth and the Airports Authority of India (AAI) are putting the onus on each other for the "contamination" of COVID-19 testing machines at the Amritsar airport that led to approximately 64 percent of the passengers on two international flights falsely testing positive on arrival in January.SpiceHealth, which was then operating [...]
by PTI News | Mar 13, 2022 | 3:03 pm | Economy, News
New Delhi, Mar 13 (PTI) The government's fertiliser subsidy bill in the current fiscal year may go up by about Rs 10,000 crore due to the Russia-Ukraine war, but higher tax revenues will help keep fiscal deficit close to the estimated 6.9 per cent level, an official said. The official further said the oil prices are [...]
by PTI News | Mar 13, 2022 | 2:36 pm | Company Results, News
New Delhi, Mar 13 (PTI) M1xchange, an online platform for discounting trade receivables of MSMEs, is targeting to double its customer base and hit transaction value of Rs 30,000 crore in the next fiscal year, as the market has huge growth potential, the company's top official said. The invoice discounting of the due payments of [...]
by PTI News | Mar 13, 2022 | 2:20 pm | Company Results, News
New Delhi, Mar 13 (PTI) Realty firm Birla Estates expects sales revenue of around Rs 11,000 crore from its newly launched luxury housing project in south Mumbai and has already sold properties worth Rs 1,000 crore, its CEO K T Jithendran said. Birla Estates Pvt Ltd, which is a wholly-owned subsidiary of BK Birla group's [...]
by PTI News | Mar 13, 2022 | 2:18 pm | Corporate Action, News
New Delhi, Mar 13 (PTI) Paytm founder and CEO Vijay Shekhar Sharma was arrested and granted bail last month for allegedly ramming his car into the official vehicle of the Deputy Commissioner of Police (South), the Delhi Police said on Sunday. The incident took place on February 22. Sharma was arrested the same day and [...]
by PTI News | Mar 13, 2022 | 1:19 pm | Commodities, Economy, Foreign Exchange and Rupee Price, News
New Delhi, Mar 13 (PTI) India's economic recovery from COVID-19 is progressing well, with better than expected growth rates, and the trajectory will continue but persistently high oil prices can play spoilsport, eminent economist Ashima Goyal said on Sunday. Goyal, who is also a member of the Monetary Policy Committee (MPC) of the RBI, further said [...]
by PTI News | Mar 13, 2022 | 11:32 am | Corporate Action, News
New Delhi, Mar 13 (PTI) State-owned gas utility GAIL (India) Ltd has declared a second interim dividend of 50 per cent (Rs 5 per share) for the current fiscal year ending March 31, 2022. The total dividend payout will be Rs 2,220.19 crore with a record date of March 22, the company said in a [...]
by PTI News | Mar 13, 2022 | 11:17 am | Commodities, Economy, News
Toronto, Mar 13 (The Conversation) Western governments have united to bring in a number of serious economic sanctions against Russia in retaliation for its violence in Ukraine, including the latest announcement that the US is revoking Russia’s “most favoured nation” status that will impose new trade tariffs.The moves were not a surprise.The US and its [...]
by PTI News | Mar 13, 2022 | 11:09 am | Economy, News
Ottawa, Mar 13 (The Conversation) The wave of sanctions that has followed Russia’s invasion of Ukraine has been described with adjectives such as “massive” and “severe.” Another word has also often been used to describe sanctions on Russia: “targeted.” Ursula von der Leyen, the head of the European Commission, has even used both words side [...]
