by PTI News | Mar 10, 2022 | 7:50 pm | Corporate Action, News
New Delhi, Mar 10 (PTI) The government on Thursday said Neelachal Ispat Nigam Ltd's JV partners signed a share purchase agreement (SPA) with Tata Steel Long Products, paving the way for NINL privatisation.NINL is a joint venture of MMTC, NMDC, BHEL, MECON and 2 Odisha government PSUs - OMC and IPICOL."SPA signed today by JV [...]
by PTI News | Mar 10, 2022 | 7:48 pm | Corporate Action, News
New Delhi, Mar 10 (PTI) UCO Bank has entered into an agreement to acquire 3 per cent stake in India Debt Resolution Company Ltd (IDRCL) for Rs 1.50 crore, the bank said on Thursday. UCO Bank became one of the stakeholders of IDRCL on March 9, 2022. The bank's holding in the company will be [...]
by PTI News | Mar 10, 2022 | 7:46 pm | News
New Delhi, Mar 10 (PTI) Hulst BV, the promoter of Coforge Ltd (formerly NIIT Technologies), on Thursday offloaded nearly 10 per cent stake in the IT company for an estimated amount of Rs 2,560 crore through open market transactions. According to bulk deal data available with BSE, Hulst BV sold a total of 60 lakh [...]
by PTI News | Mar 10, 2022 | 7:21 pm | News
New Delhi, Mar 10 (PTI) The government has appointed former finance secretary Ajay Bhushan Pandey as chairman of the National Financial Reporting Authority (NFRA) for a period of three years. Pandey, a 1984-batch Maharashtra cadre IAS officer, retired as revenue secretary in February last year. The Appointments Committee of the Cabinet (ACC) has approved the [...]
by PTI News | Mar 10, 2022 | 7:19 pm | News
New Delhi, Mar 10 (PTI) India Infrastructure Finance Company Ltd (IIFCL) on Thursday said it has raised Rs 1,500 crore in debt to provide impetus to government’s infrastructure vision.With a view to promote long term infrastructure finance in India, IIFCL after a span of eight years has raised funds from the domestic market through privately [...]
by PTI News | Mar 10, 2022 | 7:08 pm | Commodities, Economy, News
Mumbai, Mar 10 (PTI) American brokerage firm Morgan Stanley on Thursday sharply cut its India FY23 real GDP growth estimate to 7.9 per cent, mainly due to the impact of the Russia-Ukraine conflict on oil prices.Analysts at the brokerage also raised their inflation forecast to 6 per cent - the upper end of the tolerance [...]
by PTI News | Mar 10, 2022 | 7:01 pm | News
New Delhi, Mar 10 (PTI) The telecom tribunal on Thursday ruled that TRAI's directive that enabled users to port out of their network via SMS request, regardless of the value of their tariff plans "requires no interference", as it dismissed a petition filed by Vodafone Idea.The Telecom Disputes Settlement and Appellate Tribunal (TDSAT), however, asked [...]
by PTI News | Mar 10, 2022 | 6:52 pm | Commodities, News
Mumbai, Mar 10 (PTI) Rising for the second straight day, the rupee appreciated by 19 paise to close at 76.43 against the US dollar on Thursday, supported by positive domestic equities and trends in state election results. At the interbank forex market, the local unit opened at 76.27 against the greenback and witnessed an intra-day [...]
by PTI News | Mar 10, 2022 | 6:43 pm | News
New Delhi, Mar 10 (PTI) Niti Aayog's Atal Innovation Mission (AIM) on Thursday announced a partnership with KidEx Venture Private Limited to leverage KidEx’s existing technology platform to host AIM's flagship programs. According to an official statement, the programs will be available for over 1 crore school students on the AIM network across India. These [...]
by PTI News | Mar 10, 2022 | 6:43 pm | News
Jaipur, Mar 10 (PTI) Rajasthan Chief Minister Ashok Gehlot has directed the revenue department to conduct special 'girdawari' (assessment) work at the earliest to assess the crop damage in Tuesday's hailstorm and give compensation to the affected farmers as per rules. Preliminary information has been received about damage to crops in Pratapgarh, Rajsamand, Chittorgarh, Pali, [...]
