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Facility management, security services cos to be part of ISF

Mumbai, Apr 19 (PTI) Indian Staffing Federation (ISF) on Tuesday said facility management and security services companies will be part of the grouping. The alignment between the subsects of the manpower outsourcing industry - facility management and security services - is similar and the current representation across the labour market issues impacts each of these [...]

Utilise Capex to enhance capacity, install environmentally-efficient tech: Steel Minister to CPSEs

New Delhi, Apr 19 (PTI) Steel Minister Ram Chandra Prasad Singh on Tuesday asked the steel CPSEs to utilise their Rs 1,3156-crore Capex to enhance the production capacity, modernisation of plants and install environmentally-efficient technologies.The minister made the above remarks while chairing a meeting of steel CPSEs to review the capital expenditure incurred by them [...]

TN plans airport in industrial belt of Hosur

Chennai, Apr 19 (PTI) The Tamil Nadu government has planned to develop a new airport in the industrial belt of Hosur (in Krishnagiri district and located about 40 km from Bengaluru), and a study on air traffic and other aspects has been ordered, state Industries Minister Thangam Thennarasu said on Tuesday. The Tamil Nadu Industrial [...]

Kenyan envoy seeks investment from India

Kolkata, Apr 19 (PTI) Ambassador of Kenya, Willy Bet on Tuesday sought Indian investments to the African country in various sectors ranging from oil to healthcare. The other sectors where Bet sought Indian investment are agro-processing, financial business, tourism, manufacturing and textiles. Kenya, he said, offers to invest in areas like private insurance, renewable energy, [...]

Direct selling entities in compliance with all laws: ADSEI

New Delhi, Apr 19 (PTI) The Association of Direct Selling Entities of India (ADSEI) on Tuesday said its members operate maintaining transparency and in compliance with the strict guidelines and regulatory framework in the country. This comes a day after the Enforcement Directorate (ED) attached assets worth over Rs 757 crore of Amway India, as [...]

Lanka PM Mahinda Rajapaksa proposes to curb presidential powers amid anti-govt protests

Colombo, Apr 19 (PTI) Sri Lanka's embattled Prime Minister Mahinda Rajapaksa on Tuesday proposed to restore the 19th Amendment to the Constitution to curb the powers of his younger brother Gotabaya Rajapaksa and empower Parliament, as protests intensified against the government over its handling of the country's debt-ridden economy. Sri Lanka is grappling with unprecedented [...]

SBI, BoB, others hike lending rates by up to 0.1 pc; EMIs to go up

New Delhi, Apr 19 (PTI) EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent. The lending rate [...]

Fintech Kinara Capital Secures INR 380 Cr in Equity, Led by Nuveen

Fresh Equity Round comes from Nuveen’s Global Impact Fund and Triple Jump’s ASN Microkredietfonds Bengaluru, Karnataka, India – Business Wire India • Kinara Capital closes Series E round and marks 7th year of profitability • Fintech aims 5X growth by increasing book size to INR 6,000 Cr by 2025 • Two new members from Nuveen [...]