PANJIM, India, March 7, 2022 /PRNewswire/ -- HDFC Bank, under its flagship CSR programme Parivartan, today launched skill training initiative for 6,900 youth in Goa in collaboration with Wipro GE Healthcare and United Way Delhi (UWD). Beneficiaries associated with skilling institutes will be imparted training for various non-technical job roles in the healthcare sector. Apart [...]
The Equity market Index, Sensex tumbled 1,491 points on Monday amid extremely weak global markets and elevated oil prices triggered by the Russia-Ukraine conflict. Similarly, the broader NSE Nifty tanked 382.20 points or 2.35 percent to close at 15,863.15. With the market continuously going downtrend for the fourth straight session in March, many BSE S&P [...]
Kolkata, Mar 7 (PTI) Bilateral trade at the Petrapole-Benapole land port resumed on Monday after two days of disruptions due to an agitation by Bangladeshi clearing and forwarding agents, following cancellation of licences, officials said."Trade is normal now and import and export operations are smooth," Petrapole Land Port Manager Kamlesh Saini said.Sajedur Rahman, general secretary [...]
Guwahati, Mar 7 (PTI) The Assam government on Monday said trade licences will no longer be required for operating commercial institutes, barring some categories, as part of its initiatives under 'Ease of Doing Business'.Announcing decisions of the Assam Cabinet meeting, Chief Minister Himanta Biswa Sarma said several important issues pertaining to repealing of obsolete laws, [...]
New Delhi, Mar 7 (PTI) Indian mills have signed sugar export deals for supply of 62 lakh tonnes so far in the current 2021-22 marketing year that started from October 1, trade body AISTA said on Monday.Of the total volume signed for exports, 47.84 lakh tonnes of the sweetener has already been shipped, it added.About [...]
Mumbai, Mar 7 (PTI) Fintech company Zeta has raised funds from global payments major Mastercard by selling an undisclosed stake. The two companies on Monday also announced a five-year partnership to launch credit cards globally, which will be powered by the processing stack of Zeta, which had acquired unicorn status in its first fundraise last [...]
New Delhi, Mar 7 (PTI) HCL Foundation on Monday said it has invested Rs 680 crore in the last 10 year to create an impact on society through transformational work. The corporate social responsibility (CSR) arm of HCL Technologies also announced a Rs 16.5 crore grant for NGOs in their effort to transform lives in [...]
New Delhi, Mar 7 (PTI) In order to streamline the capture and dissemination of information related to 'encumbrances', Sebi on Monday asked depositories to devise a mechanism to record all types of outstanding encumbrances and reasons for the same in the depository system by June 30. The decision, aimed at bringing in more transparency, has [...]
New Delhi, Mar 7 (PTI) The ongoing conflict between Ukraine and Russia will burden domestic steelmakers with high input costs, according to rating agency Icra.However, the tension between the countries provides exports opportunities to the Indian steel players, the rating agency said in a statement on Monday."Russia-Ukraine conflict to heighten input cost pressures, but also [...]
Mumbai, Mar 7 (PTI) Deeptek, a medical imaging company using artificial intelligence, on Monday announced a USD 10 million (about Rs 76 crore) fundraise in a round led by a private equity fund promoted by Tata Capital. The Tata Capital Healthcare Fund II (TCHF II) has invested in the company along with Pune-based Pentathlon Ventures, [...]
Mumbai, Mar 7 (PTI) The Russian invasion of Ukraine, and the flurry of punitive sanctions imposed on the former by the US and European nations, have the potential to cull India's imports on one hand and also lead to input cost pressure on downstream companies in India Inc, warns a report. The country's exports to [...]
New Delhi, Mar 7 (PTI) Union Minister for Labour and Employment Bhupender Yadav on Monday said registrations by workers on the government's eSHRAM portal have reached 25-crore-mark within six months of its launch.In August 2021, the minister had launched the e-SHRAM portal to maintain a database of 38 crore workers in the unorganised sector.Through the [...]
New Delhi, Mar 7 (PTI) Bharat Biotech on Monday said it, along with its partner Ocugen, is fully committed to bringing COVID-19 vaccine Covaxin in the US and Canada for all age groups.In a statement issued on Twitter, the Hyderabad-based vaccine major said Ocugen's Phase 2/3 Investigational Drug Application for Covaxin has been recently cleared [...]
New Delhi, Mar 7 (PTI) CAG of India Girish Chandra Murmu and Auditor General of Maldives Hussain Niyazy held a meeting on Monday and discussed concrete steps for furthering cooperation between the two supreme audit institutions by operationalising the MoU to strengthen the professional capacities and improve audit methodology.Murmu reiterated his commitment to share knowledge [...]
New Delhi, Mar 7 (PTI) Homegrown pharma major Lupin Ltd on Monday said it has signed six-time world boxing champion and Olympics bronze medallist Mary Kom as brand ambassador for its Shakti campaign.The campaign is aimed at increasing awareness about heart diseases among women through interactive social media sessions, sharing informative videos from doctors, and [...]
New Delhi, Mar 7 (PTI) Karakoram Ltd on Monday offloaded shares of Vijaya Diagnostic Centre Ltd worth over Rs 332 crore through an open market transaction.According to the bulk deal data on BSE, a total of nearly 73 lakh shares were sold at an average price of Rs 425.75 apiece, taking the total deal value [...]
New Delhi, Mar 7 (PTI) The government on Monday asked the domestic coal sector to increase production to reduce the country's dependence on imports.Speaking at Coal Ministry's Iconic Week Celebrations of Azadi Ka Amrit Mahotsav, Minister of State for Coal, Mines and Railways Raosaheb Patil Danve also noted that sustainable mining needs to be ensured [...]
New Delhi, Mar 7 (PTI) The government on Monday said it has reopened the application window for its Rs 6,238-crore production-linked incentive (PLI) scheme for air-conditioners (ACs) and LED lights with an aim to accommodate more players as several firms have expressed interest for the initiative. Already 42 firms, including Daikin, Panasonic, Syska and Havells, [...]
New Delhi, Mar 7 (PTI) Rural entrepreneurs will be able to access banking systems, including MUDRA bank, for receiving financial support to start their enterprises under a pact signed between NIESBUD and the rural development ministry.The National Institute of Entrepreneurship and Small Business Development (NIESBUD) has signed a Memorandum of Understanding (MoU) with the Ministry [...]
Mumbai, Mar 7 (PTI) Warning that ongoing Russia-Ukraine war may derail government's record borrowing programme next fiscal amid the jittery in the market, a report has said the RBI can cushion the impact and smooth-sail the debt financing plan by adopting some innovative steps.After the continuing mayhem in the market in the wake of the [...]
