by PTI News | Mar 24, 2022 | 9:30 pm | News
Mumbai, Mar 24 (PTI) Leading electric scooter maker Okinawa Autotech expects to net a fourth of its next year's annual sales target of 2 lakh units from the Okhi-90 scooter, which the company launched on Thursday. The company is expecting to sell 50,000 units of its newly-launched scooter model Okhi-90 by the next fiscal. It [...]
by PTI News | Mar 24, 2022 | 9:17 pm | News
London, Mar 24 (PTI) UK Chancellor of the Exchequer Rishi Sunak on Thursday faced questions about the Russian presence of Infosys, the Indian software services company in which his wife Akshata Murty has a share. With reference to stringent sanctions being imposed on Russia, the Indian-origin finance minister who is the son-in-law of Infosys co-founder [...]
by PTI News | Mar 24, 2022 | 9:13 pm | News
New Delhi, Mar 24 (PTI) Pawan Hans Ltd has signed agreements to lease six Sikorsky S-76D helicopters from The Milestone Aviation Group. The aircraft will support Pawan Hans' onshore and offshore helicopter operations in India and the company is contracted to operate two S-76D helicopters for ONGC. "In addition to the six helicopters, of which [...]
by PTI News | Mar 24, 2022 | 9:13 pm | Corporate Action, News
Hyderabad, Mar 24 (PTI): Civil Aviation Minister Jyotiraditya Scindia will on Friday address the ongoing 'Wings India 2022'--Asia’s largest event on civil aviation here. The four-day event with the theme "India@75: New Horizon for Aviation Industry" kicked off today at Begumpet Airport here and will conclude on March 27. Minister of State for Civil Aviation [...]
by PTI News | Mar 24, 2022 | 9:05 pm | News
New Delhi, Mar 24 (PTI) Future Enterprises Ltd on Thursday said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring (OTR) plan.The due date for payment of the amount was March 23, a regulatory filing by Future Enterprises Ltd (FEL) said."The Company was not [...]
by PTI News | Mar 24, 2022 | 9:03 pm | News
New Delhi, Mar 24 (PTI) Shipping Minister Sarbananda Sonowal on Thursday said the government had given a big push to promote inland waterways and Assam received its first consignment of foodgrains from Patna via Bangladesh traversing a distance of 2,350 km through rivers Ganga and Brahmaputra.Responding to the discussion on the demand for grants of [...]
by PTI News | Mar 24, 2022 | 8:55 pm | News
New Delhi, Mar 24 (PTI) Bank of Baroda (BoB) on Thursday said it has entered into a co-lending pact with non-banking financial company Paisalo Digital to provide small-ticket business loans to women entrepreneurs and MSMEs. The partnership will provide access to small-ticket finance for income generation to Micro, Small and Medium Enterprises (MSMEs) and women [...]
by PTI News | Mar 24, 2022 | 8:52 pm | News
New Delhi, Mar 24 (PTI) The joint bid of Reliance Industries and Assets Care & Reconstruction Enterprise (ACRE) for debt-ridden Sintex Industries has been moved before the NCLT for its approval after getting unanimously selected by the lenders of the textiles maker. The resolution professional of Sintex Industries has filed the resolution plan by RIL [...]
by PTI News | Mar 24, 2022 | 8:47 pm | Commodities, News
New Delhi, Mar 24 (PTI) Amid mounting protests against the ambitious SilverLine project, Kerala Chief Minister Pinarayi Vijayan on Thursday said Prime Minister Narendra Modi has taken a positive stand on the project and expressed hope that required approvals from the central government will come at a faster pace. Vijayan met the prime minister on [...]
by PTI News | Mar 24, 2022 | 8:41 pm | News
Mumbai, Mar 24 (PTI) Banks will conduct special clearing operations for the annual closure of government accounts on March 31, which is the last day of the fiscal year, the RBI said on Thursday. The Reserve Bank has issued directions to the banks for smooth clearing operation and asked them to participate in it. All [...]
by PTI News | Mar 24, 2022 | 8:18 pm | Corporate Action, News
New Delhi, Mar 24 (PTI) Ascendas India Trust (a-iTrust) on Thursday said it will buy 0.33 million square feet warehouse project in Navi Mumbai for Rs 215 crore. Ascendas Property Fund Trustee Pte Ltd, the trustee manager of a-iTrust said in a statement it has entered into definitive agreements for the proposed acquisition of all [...]
by PTI News | Mar 24, 2022 | 8:14 pm | News
New Delhi, Mar 24 (PTI) Employment in the country has increased by 22 per cent in the past seven years since 2013-14, as per the survey reports of labour bureau, Union Labour Minister Bhupender Yadav told Parliament on Thursday. The minister also told the House that according to the Periodic Labour Force Survey (PLFS), unemployment [...]
by PTI News | Mar 24, 2022 | 8:12 pm | News
New Delhi, Mar 24 (PTI) Ed-tech company BYJU’S on Thursday said it has been named as an official sponsor of the FIFA World Cup Qatar 2022. BYJU’S, through this partnership, will leverage its rights to the FIFA World Cup 2022 marks, emblem, and assets, and run unique promotions to connect with football fans around the [...]
by PTI News | Mar 24, 2022 | 8:01 pm | News
New Delhi, Mar 24 (PTI) Affordability and easy access to finance is helping sales of used car grow across the country, according to a report by the leading e-commerce platform for pre-owned vehicles CARS24. First edition of the 'Future of Mobility 2022' report expects the segment to grow further all across the country. The report [...]
by PTI News | Mar 24, 2022 | 7:59 pm | Corporate Action, Economy, News
New Delhi, Mar 24 (PTI) The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual digital assets. As per the amendments to the Finance Bill, 2022, circulated among the Lok Sabha members, the ministry proposes to remove the word 'other' [...]
by PTI News | Mar 24, 2022 | 7:52 pm | Economy, News
New Delhi, Mar 24 (PTI) The Income Tax department has found that a substantial amount of funds of an educational trust run by a group that owns schools and colleges in India and abroad has been "siphoned off" for the personal benefit of its promoters, the CBDT said on Thursday.The searches were conducted on March [...]
by PTI News | Mar 24, 2022 | 7:50 pm | News
New Delhi, Mar 24 (PTI) State-run power giant NTPC has made commercially operational an additional 42.5 MW of power generation capacity at Ramagundam floating solar project in Telangana from Thursday. Earlier the company had commissioned 17.5 MW (Part-I) and 20 MW (Part-II) of the Ramagundam floating solar project. With the addition of 42.5MW, the total [...]
by PTI News | Mar 24, 2022 | 7:41 pm | News
New Delhi, Mar 24 (PTI) The Lok Sabha on Thursday passed the Demands for Grants and Appropriation Bill 2022, authorising the government to withdraw Rs 122.43 lakh crore from the Consolidated Fund of India for its working as well as implementation of programmes and schemes for the fiscal beginning April 1. This completes two-thirds of [...]
by PTI News | Mar 24, 2022 | 7:31 pm | News
New Delhi, Mar 24 (PTI) Union Food Minister Piyush Goyal on Thursday assured that the Centre will procure excess stocks of raw rice from Telangana as per the quality specified by the Food Corporation of India. The assurance came from Goyal after a delegation of TRS leaders met Goyal in Parliament over the issue of [...]
by PTI News | Mar 24, 2022 | 7:27 pm | Economy, News
New Delhi, Mar 24 (PTI) The country's largest lender State Bank of India (SBI) on Thursday said it has entered into co-lending agreements with five housing finance companies to serve the underserved and unserved borrowers. The five housing finance companies (HFCs) are: PNB Housing Finance, IIFL Home Finance, Shriram Housing Finance, Edelweiss Housing Finance, and [...]
