by PTI News | Feb 22, 2022 | 9:22 am | Economy, News
Warburg Pincus and Ontario Teachers', both existing shareholders in PDG, also invest in this round SINGAPORE, Feb. 22, 2022 /PRNewswire/ -- Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350M. Both existing shareholders in PDG, Warburg Pincus and Ontario Teachers' Pension Plan Board [...]
by PTI News | Feb 22, 2022 | 12:00 am | Economy, News
Thane, Feb 21 (PTI) The CGST Mumbai Zone has arrested the director of a Navi Mumbai-based firm that allegedly availed and passed on Input Tax Credit of Rs 81 crore using bogus invoices to the tune of Rs 479 crore, an official said on Monday. A CGST release said searches were conducted at various locations [...]
by PTI News | Feb 21, 2022 | 10:29 pm | Economy, News
Mumbai, Feb 21 (PTI) The India-UAE Comprehensive Economic Partnership Agreement will boost the food processing sector while protecting the interest of farmers in India, Union Commerce and Industry Minister Piyush Goyal said on Monday. Goyal, while interacting with industry representatives here, assured that farmers have been fully protected in the India-UAE CEPA while the food [...]
by PTI News | Feb 21, 2022 | 8:09 pm | Economy, News
Mumbai, Feb 21 (PTI) Finance Minister Nirmala Sitharaman on Monday emphasised that trust and confidence in the financial markets are critical to gain traction among investors. During an interaction with leaders of the financial and capital markets here, Sitharaman also asked them to explore ways to further strengthen the sector, according to an official [...]
by PTI News | Feb 21, 2022 | 7:39 pm | Economy, News
New Delhi, Feb 21 (PTI) India on Monday called upon global investors at the ongoing Dubai Expo to invest in the country's agriculture supply chain while highlighting the export potential of organic products. Addressing a seminar on the opportunities and export potential that Indian agriculture offers, P K Swain, additional [...]
by PTI News | Feb 21, 2022 | 7:04 pm | Economy, News
New Delhi, Feb 21 (PTI) The Centre has procured 695.67 lakh tonne of paddy so far in the ongoing 2021-22 marketing year at minimum support price (MSP) from over 94 lakh farmers across the country, the food ministry said on Monday. "Till now about 94.15 lakh farmers have been benefited with an MSP value of [...]
by PTI News | Feb 21, 2022 | 6:53 pm | Economy, News
New Delhi, Feb 21 (PTI) Bharti Airtel on Monday announced it has joined SEA-ME-WE-6 undersea cable consortium, participating as a major investor, while Reliance Jio said it will land its India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives. In a day of twin developments, the two large operators came out with separate announcements related to [...]
by PTI News | Feb 21, 2022 | 6:12 pm | Economy, News
New Delhi, Feb 21 (PTI) As a multi-agency probe into the NSE case gathers pace, the grant of preferential server and data access to select brokers and their suspected misuse are being investigated threadbare to unveil all quid pro quo arrangements in a highly-sophisticated scheme that worked like a cricket betting scandal, officials said on [...]
by PTI News | Feb 21, 2022 | 6:03 pm | Economy, News
New Delhi, Feb 21 (PTI) The Indian economy is growing at 9.2 per cent and is expected to grow at similar rates in the coming years, Niti Aayog CEO Amitabh Kant said on Monday. While referring to the government's production linked incentive (PLI) scheme for sunrise sectors, Kant said it will add USD 520 billion [...]
by PTI News | Feb 21, 2022 | 5:22 pm | Economy, News
New Delhi, Feb 21 (PTI) Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme [...]
