New Delhi, Mar 14 (PTI) The Department of Pharmaceuticals (DoP) has extended the date of receipt of applications till March-end for the vacant slots under Production-Linked Incentive (PLI) Scheme for the promotion of domestic manufacturing of bulk drugs, an official release said on Monday. The government has launched the PLI scheme to encourgae domestic production [...]
Mumbai, Mar 14 (PTI) Equity indices marched higher for the fifth session on the trot on Monday, propelled by robust buying in banking and IT counters along with a decline in crude oil prices as hopes of headway in Russia-Ukraine talks boosted risk-on sentiment globally. European bourses opened higher following reports of tentative progress in [...]
New Delhi, Mar 14 (PTI) Kotak Mahindra Bank has been hit by the highest number of frauds at 642, involving Rs 1 lakh and above, in first nine months of 2021-22, Parliament was informed on Monday. It was followed by ICICI Bank and IndusInd Bank at 518 and 377, respectively. Directions issued by the Reserve [...]
New Delhi, Mar 14 (PTI) Former finance secretary Debasish Panda on Monday took charge as the new chairman of the Insurance Regulatory and Development Authority of India (Irdai). The appointment of the Irdai chairman comes nearly nine months after the vacancy was created following Subhash Chandra Khuntia completing his term in May last year. "Debasish [...]
New Delhi, Mar 14 (PTI) Defending its decision to sell Central Electronics Ltd to Nandal Finance & Leasing, the government on Monday said technological and managerial experience are not among the relevant criteria for the selection of a bidder in strategic disinvestment. The government in November approved the highest price bid of Rs 210 crore [...]
New Delhi, Mar 14 (PTI) DMK member T R Baalu on Monday slammed the government for lowering the interest rate on Employees' Provident Fund deposits to 8.1 per cent. Raising the issue during Zero Hour, Baalu also demanded that the Centre restore the interest rate on EPF deposits to 8.5 per cent and fix the [...]
New Delhi, Mar 14 (PTI) India's edible oil imports rose 23 per cent to 9,83,608 tonnes in February mainly due to a sharp rise in shipments of refined palm oil, industry body SEA said on Monday. Edible oil imports stood at 7,96,568 tonnes in the same month last year. Total import of vegetable oils (edible [...]
New Delhi, Mar 14 (PTI) DMK member T R Baalu on Monday slammed the government for lowering the interest rate on Employees Provident Fund deposits to 8.1 per cent. Raising the issue during Zero Hour, Baalu also demanded that the Centre restore the interest rate on EPF deposits to 8.5 per cent and fix the [...]
RD Group had organized its Annual Employee Meet on 27-28 February 2022. The agenda of this annual event was to appreciate the employees' commendable performance and their dedication towards work which has made RD Group achieve success. The RD Group organized a 2-day event at the luxurious The Lagoona Resort, Mumbai, to make the employees [...]
BENGALURU, India, March 14, 2022 /PRNewswire/ -- Cashfree Payments, India's leading payments and API banking solutions company, today announced the launch of 'softPOS'. softPOS is a Point of Sale (POS) solution for businesses like grocery stores, retail shops, food delivery apps, automobile industry, NBFCs etc. doing door-to-door collections. softPOS is available as an Android app, [...]
Bengaluru, Mar 14 (PTI) An Artificial Intelligence and Robotics Technology Park (ARTPARK) with a seed money of Rs 230 crore was launched on Monday at the Indian Institute of Science, Bengaluru. Of the Rs 230 crore, Rs 170 crore would be borne by the Central government and the rest by the Karnataka government, an official [...]
New Delhi, Mar 14 (PTI) Bank frauds over the last five years have come down drastically to Rs 648 crore in first nine months of 2021-22, on the back of structural and procedural reforms to check such incidents, Parliament was informed on Monday. In 2016-17, bank frauds stood at Rs 61,229 crore, which declined to [...]
NEW DELHI, March 14, 2022 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading sustainable energy solutions provider and power producer in India, announced full commissioning of its 300 MWs Interstate Transmission System (ISTS) connected solar power project, Rajasthan 8, allocated by Solar Energy Corporation of India (SECI). The project is in Bhadla, Rajasthan and the [...]
New Delhi, Mar 14 (PTI) Healthcare firm Niramai Health Analytix on Monday said it has received approval from the US health regulator for its device SMILE-100 System. The product is a breast thermography device that helps healthcare personnel to review, measure and analyse thermally significant indications in the breast region. It can be used in [...]
New Delhi, Mar 14 (PTI) Over Rs 1.41 lakh crore has been released by the Centre to the Bihar government as proceeds of central taxes and duties during 2020-21 and 2021-22 following recommendations of the 15th Finance Commission, the Lok Sabha was informed on Monday. Union Minister of State for Finance Pankaj Chaudhary said more [...]
Amid skyrocketing oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ensure that consumers get relief from high fuel prices. Replying during the Question Hour in the Rajya Sabha, the Minister of Petroleum and Natural Gas also shared that a proposal to [...]
New Delhi, Mar 14 (PTI) The IRCTC has asked the railways to reconsider its decision to let its zones to build food plazas on rail land, a mandate held by the catering arm of the national transporter. In an order issued on March 8, the Railway Board gave permission to its 17 zones to use [...]
New Delhi, Mar 14 (PTI) Airline industry that suffered heavy losses during the Covid pandemic is returning to pre-Covid levels, and has recorded a traffic of 3.8 lakh passengers per day, Civil Aviation Minister Jyotiraditya Scindia informed the Rajya Sabha on Monday. Replying to supplementaries during Question hour, the minister said the civil aviation sector [...]
New Delhi, Mar 14 (PTI) Guar gum prices on Monday gained Rs 213 to Rs 11,377 per five quintals in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for March delivery traded higher by 1.91 per cent or Rs 213 at Rs 11,377 [...]
