Mumbai, Apr 28 (PTI) In a move that can potentially give relief to up to 40,000 families, Maharashtra is set to reallocate stuck slum redevelopment projects to new builders, a minister said on Thursday. There are 520 such stuck projects where the developer who had availed the original residents' consent for redevelopment but not delivered [...]
Mumbai, Apr 28 (PTI) ICICI Bank on Thursday said it is targeting to double its loan book to small and medium enterprises (SMEs) in the next two years on higher demand from the segment.The second-largest private sector lender has seen that in the last two years, the SME loan book has doubled to Rs 40,000 [...]
IWIL India, in collaboration with TechSupergirl, hosted the Future of Work Summit and Awards "TechVersify 2022" with the change-makers, thought leaders and influencers from various sectors at the Roseate House, Aerocity, New Delhi, on April 23, 2022. The summit was held under the patronage of Ms. Deepa Sayal, IWIL India's Founder and sponsored by ADG [...]
Bengaluru, Apr 28 (PTI) Azure Power, a sustainable energy solutions provider and power producer, on Thursday said it has signed an expression of interest (EoI) with the government of Karnataka to develop solar, wind, and hybrid renewable energy projects aggregating to 1,700 MW capacity at a total investment of Rs 13,300 crore. The EoI was [...]
Mumbai, Apr 28 (PTI) State-run Bank of Maharashtra on Thursday said its net profit for the March quarter more than doubled to Rs 355 crore from Rs 165 crore a year ago on improved loan sales and asset quality leading to lower provisioning and better cost-to-income ratio. For the full year to March, the Pune-based [...]
New Delhi, Apr 28 (PTI) Onlnine lending platform Indifi Technologies on Thursday announced the appointment of SBI's former chairman Rajnish Kumar as an advisor. Kumar is also chairman of Bharatpe board. In his capacity as an advisor, Kumar will engage with the management on the company's growth strategy and provide guidance in the financial services [...]
New Delhi, Delhi, India (NewsVoir) • LPU ranked 74th among thousand plus Universities in 106 Countries • LPU is even ahead of the University of Toronto and all participating IITs, IIMs, and Central universities of India • In India, LPU stands at 2nd rank Lovely Professional University (LPU) is ranked among top 100 universities of [...]
The market valuation of Reliance Industries Limited, the country's most valued firm, went past Rs 19 lakh crore mark at the close of trade on Thursday. The market heavyweight stock jumped 1.49 per cent to settle at Rs 2,819.20 apiece on the BSE. During the day, it rallied 2.59 per cent to its record high [...]
Chennai, Tamil Nadu, India (NewsVoir) • Spells hope and love amidst National Economic Crisis with a donation of daily grocery kits and more, keeping hunger at bay In an endeavour to mitigate and eradicate hunger in our society, the Chennai based NGO, ‘Thaagam Foundation’, has been providing food to the poor, needy, homeless and the [...]
New Delhi, Apr 28 (PTI) Music app firm JioSaavn has appointed former Amazon Music director and entertainment industry veteran Sahas Malhotra as its new CEO.Malhotra has earlier worked with Sony Music India and Tips Industries.At Tips Industries, Sahas was leading the business at Tips Music and marketing for Tips Film production."Based out of the company’s [...]
• 55 % of annual revenue from focus markets of US and EMEA • Robust operational performance across businesses • Margin softening due to inflationary pressures MUMBAI, India, April 28, 2022 /PRNewswire/ -- STL [NSE: STLTECH], an industry leading integrator of digital networks, announced consolidated financial results for its fourth quarter and financial year ending [...]
Mumbai, Apr 28 (PTI) RBI on Thursday modified norms for banks to claim the amount of interest subvention provided to farmers under the short-term crop loan scheme through Kisan Credit Card (KCC) during the last fiscal. Pending claims for the 2021-22 financial year can be submitted by June 30, 2023 and those have to be [...]
New Delhi, Delhi, India–Business Wire India • Bill a part of Government’s efforts to modernize and build an efficient criminal identification process.• The collection of biological samples opens the possibility of using DNA database technology in criminal investigation The Criminal Procedure (Identification) Bill 2022, recently passed in the parliament ensures a more efficient and [...]
NEW DELHI, April 28, 2022 /PRNewswire/ -- TAKI DAO, which comprises the community of $TAKI token holders, has announced the launch of an Initial Exchange Offering (IEO) for its token- $TAKI. Proceeds from the IEO will benefit the TAKI DAO's community treasury. This IEO will enable $TAKI to reach a broader global audience and expand [...]
Chennai, Apr 28 (PTI) Public sector Indian Bank has unveiled pre-approved personal loan product under Project 'WAVE', a top official said on Thursday. In January 2022, the Chennai-based bank launched the digital transformation initiative - World of Advance Virtual Experience "WAVE" to launch its first digital product "Pre-Approved Personal Loan (PAPL)" that aims to provide [...]
Bajaj Allianz General Insurance on Thursday said its profit remained flat at Rs 1,339 crore for the 2021-22 financial year against Rs 1,330 crore in the previous financial year. Gross written premium of the company during the financial year rose by 9 per cent to Rs 13,788 crore compared to Rs 12,624 crore a year [...]
New Delhi, Apr 28 (PTI) Shares of Hindustan Unilever Ltd on Thursday gained 4.5 per cent after the FMCG major reported a higher consolidated net profit for the fourth quarter ended March. The stock jumped 4.55 per cent to end at Rs 2,241.80 on the BSE. During the day, it rallied 4.92 per cent to [...]
New Delhi, Apr 28 (PTI) CERT-In has asked all government and private agencies, including internet service providers, social media platforms and data centres, to mandatorily report cyber security breach incidents to it within six hours of noticing them. The new circular, issued by the Indian Computer Emergency Response Team (CERT-In), mandates all service providers, intermediaries, [...]
