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IDFC First Bank MD & CEO gifts 5 lakh shares to kin of deceased colleague

New Delhi, Mar 17 (PTI) IDFC First Bank MD and CEO V Vaidyanathan has gifted 5 lakh shares of the bank held by him to family members of a deceased colleague, as per a regulatory filing. Vaidyanathan had earlier too gifted his shares to staff members, including his trainer, househelp and driver, to help them [...]

Virescent Renewable Energy Trust completes acquires 100 pc stake in Godawari Green Energy

New Delhi, Mar 17 (PTI) KKR-sponsored Virescent Renewable Energy Trust (VRET) on Thursday said it has complete acquisition of 100 per cent stake in Godawari Green Energy Ltd (GGEL). "We are pleased to announce the acquisition of a 50-MW (megawatt) operating asset from Godawari Power and Ispat," the company said in a statement. GGEL operates [...]

Ola Electric to hike prices from next purchase window

New Delhi, Mar 17 (PTI) Ola Electric on Thursday said it will raise prices of S1 Pro scooter with effect from the next purchase window. The Bengaluru-based firm is slated to commence the next purchase window on March 17-18, coinciding with the Holi festival. "Thanks to all who've purchased S1 Pro already and special thanks [...]

NEWSALERT

Advance tax collections jump 41 pc to Rs 6.63 lakh cr; net direct tax collections soar to Rs 13.63 lakh cr in FY22: Official statement. PTI ANZ ABM ABM

HDFC Capital to buy 7.2 pc stake in realty start-up Loyalie

New Delhi, Mar 17 (PTI) HDFC on Thursday said it will acquire 7.2 per cent stake in proptech start-up Loyalie IT Solutions Pvt Ltd for Rs 1.1 crore. Founded by Akhil Sharaf in 2018, Loyalie, which has recently been renamed as Reloy, has been working closely with top builders to create the perfect home owning [...]

After 18 months, BARC resumes publishing news channel ratings

Mumbai, Mar 17 (PTI) More than two months after the government asked television monitoring agency BARC to resume publishing ratings of news channels and 18 months after it was forced to suspend the job following an alleged scam, the agency on Thursday released data for the 10th week of 2022. The Broadcast Audience Research Council [...]

SJVN bags 100-MW solar project in Gujarat

New Delhi, Mar 17 (PTI) State-owned SJVN on Thursday said it has bagged a 100-megawatt (MW) grid-connected solar power project in Gujarat under a tariff-based competitive bidding. In a statement, SJVN Chairman and Managing Director Nand Lal Sharma said the company has secured the 100-MW grid-connected solar power project in Gujarat through tariff-based competitive bidding [...]

IGL launches battery swapping station ‘Energy Cafe’

New Delhi, Mar 17 (PTI) Indraprastha Gas Ltd, India's largest CNG retailer, has tied up with Pune-based electric vehicle manufacturer Kinetic Green to launch 'Energy Cafe' - a battery-swapping station that will replace discharged batteries of two and three-wheeler EVs with a fully charged one. "Under the alliance, IGL and Kinetic will roll out a [...]

Chouhan reviews preparation for Investors Summit 2022

Bhopal, Mar 17 (PTI) To make the Investors Summit 2022 successful, Madhya Pradesh Chief Minister Shivraj Singh Chouhan has directed to invite leading corporate business houses and leading companies of different sectors in the meet scheduled to be held in November this year. Chouhan reviewed the preparations for the proposed meet on Wednesday with ministers [...]

Looppanel Announces USD 1 Mn in Funding to Help Product and Design Teams Painlessly Uncover User Insights and Build the Right Product

The best way to build a product is by talking to your users but product & design teams struggle to run effective user interviews & build based on user insights. Looppanel gives teams a painless workflow to discover actionable insights faster - from setting up and running user interviews to synthesizing insights, and aligning your [...]

Assamese start-up launches tea named after Zelenskyy

Kolkata, Mar 17 (PTI) Aromica Tea, an Assam-based startup, has launched a CTC tea named after Ukraine President Volodymyr Zelenskyy to "honour his valour and courage" in the face of Russian invasion.Ranjit Barua, the director of Aromica Tea, told PTI that the brand ‘Zelenskyy’, a strong Assam CTC tea, was launched on Wednesday."The basic idea [...]

Dredging Corp signs major ship building pact with Cochin Shipyard

New Delhi, Mar 17 (PTI) Dredging Corporation of India (DCI) on Thursday signed a historic ship building agreement for the first 'make in India' project for construction of a high-capacity dredger at the Cochin Shipyard Limited (CSL). The agreement is for constructing the first beagle series 12 trailing suction hopper dredger, an official statement said. [...]

BPCL launches voice-based LPG booking, payment facility

New Delhi, Mar 17 (PTI) Bharat Petroleum Corporation Ltd (BPCL) on Thursday launched a voice-based digital payment facility for its cooking gas (LPG) consumers, who do not have smartphones or internet.BPCL said it has partnered UltraCash Technologies Pvt Ltd to offer a voice-based digital payment facility that allows its BharatGas consumers, who do not have [...]

Retail inflation for farm, rural workers rises to 5.59%, 5.94% in Feb

New Delhi, Mar 17 (PTI) Retail inflation for farm workers and rural labourers rose to 5.59 per cent and 5.94 per cent respectively in February, mainly due to higher prices of certain food items, official data showed on Thursday. Point to point rate of inflation based on the CPI-AL (consumer price index for agricultural labourers) [...]

Seton Pharmaceuticals, LLC and Senores Pharmaceuticals, Inc. launch Butalbital, Acetaminophen and Caffeine Capsules USP, 50 mg/325 mg/40 mg in the U.S. market

WALL, S.D. and ATLANTA and AHMEDABAD, India, March 17, 2022 /PRNewswire/ -- Seton Pharmaceuticals, LLC and Senores Pharmaceuticals, Inc. today announced the launch of Butalbital, Acetaminophen and Caffeine Capsules USP, 50 mg/325 mg/40 mg, a therapeutic equivalent of the reference listed drug Butalbital, Acetaminophen, and Caffeine capsules of Mayne Pharma, Inc. in the U.S. market. [...]

Tripura govt presents Rs 26,893-cr budget with no new tax

Agartala, Mar 17 (PTI) Tripura Deputy Chief Minister Jishnu Dev Varma on Thursday presented a Rs 26,893-crore budget for the 2022-23 fiscal in the assembly without proposing any new tax while emphasising on development of infrastructure, industries and social sector.The budgetary outlay is 18.34 per cent more than that of the 2021-22 financial year.Dev Varma, [...]

Assamese start-up launches tea named after Zelenskyy

Kolkata, Mar 17 (PTI) Aromatic Tea, an Assam-based startup, has launched a CTC tea named after Ukraine President Volodymyr Zelenskyy to "honour his valour and courage" in the face of Russian invasion.Ranjit Barua, the director of Aromatic Tea, told PTI that the brand ‘Zelenskyy’, a strong Assam CTC tea, was launched on Wednesday."The basic idea [...]

Budget to yield dividends for several years; time for pvt sector to step up investment: RBI article

Mumbai, Mar 17 (PTI) Nudging the private sector to participate in the economic recovery process, the RBI in an article said the infrastructure-first strategy of the 2022-23 Budget unveiled in Parliament last month will pay dividends for several years to come.The article also said that while the post-pandemic debt consolidation will rely primarily on GDP [...]

Trade between India, Ireland growing rapidly: Irish minister

New Delhi, Mar 17 (PTI) With its trade with India trebling to 5.5 billion euros in the past decade, Ireland is keen on further strengthening bilateral commercial relations with Asia's third-largest economy, its trade minister said. Ireland Minister of State for Trade Promotion Robert Troy, who visited India as part of his St. Patrick's Day [...]
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