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Credit penetration to women low despite better repayment rates: Report

Mumbai, Mar 7 (PTI) Credit penetration to women borrowers is at a low 12 per cent of the gender's adult population, despite them displaying better repayment rates than men, a leading credit information company said on Monday. In a report published on the eve of the International Women's Day, TransUnion Cibil said women -- who [...]

Petrol, diesel price hike coming soon

New Delhi, Mar 7 (PTI) Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of USD 140 [...]

MSME Ministry launches ‘SAMARTH’ to promote women entrepreneurship

New Delhi, Mar 7 (PTI) A day ahead of the International Women's Day, the MSME Ministry on Monday launched SAMARTH -- a special entrepreneurship promotion drive for women.  Addressing the launch event, Minister for Micro, Small and Medium Enterprises (MSME) Narayan Rane said the MSME sector offers a plethora of opportunities for women.  He highlighted [...]

Vikas EcoTech adding solar capacity at Rajasthan plant to save energy costs

New Delhi, Mar 7 (PTI) Vikas EcoTech Ltd is increasing captive solar power capacity at its facility in Rajasthan as part of steps to enhance reliance on renewable energy and bring down energy costs, a statement said on Monday.The company manufactures speciality polymers, additives and chemicals for rubber and plastics industries The company, which is [...]

Rosneft-backed Nayara Energy put under credit watch: CARE Ratings

New Delhi, Mar 7 (PTI) Russian oil firm Rosneft-backed Nayara Energy has been put on 'credit watch with negative implications' due to sanctions against Moscow for its invasion of Ukraine, CARE Ratings said Monday. Nayara, which is 49.13 per cent owned by Rosneft, operates a 20 million tonnes-a-year oil refinery at Vadinar in Gujarat and [...]

Women in non-metros more eager to become tech entrepreneur: Survey

New Delhi, Mar 7 (PTI) A higher number of women in non-metros are eager to become tech entrepreneurs compared to their peers in metros but lack of access to technical resources, infrastructure and mentorship are major constraints, a joint survey by technology analytics firm Techarc and women platform Sheatwork said Monday.Almost 48 per cent of [...]

Foundation stone for International Furniture Park laid in TN

Chennai, Mar 7 (PTI) Tamil Nadu Chief Minister M K Stalin on Monday laid the foundation stone for the proposed International Furniture Park to come up in Tuticorin at an outlay of about Rs 1,500 crore, aimed at boosting economic activity in southern districts.The facility, expected to commence operations in the first phase would generate [...]

Sebi asks Dish TV to disclose December AGM results

New Delhi, Mar 7 (PTI) Capital markets regulator Sebi on Monday directed Dish TV India Ltd to immediately disclose the results of its annual general meeting (AGM) held on December 30, 2021 to the exchanges. The order comes after Sebi received complaints from Yes Bank Ltd (YBL), IndusInd Bank and other shareholders alleging that Dish [...]

Ashok Leyland steps up presence in Karnataka; to set up four dealerships

Chennai, Mar 7 (PTI): Hinduja Group flagship Ashok Leyland has stepped up presence in neighbouring Karnataka by setting up four dealerships in the region, the company said on Monday. The heavy commercial vehicle maker has set up dealerships each in Bidadi, TumKur, Kolar and Hoskote. "Karnataka has always been one of the most important markets [...]

ACMA Automechanika to be held in Feb 2024

New Delhi, Mar 7 (PTI) The first post-pandemic physical edition of Automechanika exhibition, organised by the Auto Component Manufacturers of India, will be held in the national capital between February 1-3, 2024. The event will recognise and support the component advancements amid the shifting mobility trends and will also start a new cycle for organising [...]

Tata Motors bags order for 65 EVs from KSEB

New Delhi, Mar 7 (PTI) Homegrown auto major Tata Motors on Monday said it has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB). The order includes 60 Tigor EVs and 5 Nexon EV SUVs. It is part of a competitive pan-India tender floated by KSEB in line with the [...]

Women under-represented in leadership positions across industries: Survey

Mumbai, Mar 7 (PTI) Even as companies are focused on improving gender diversity, a survey on Monday showed that insufficient representation of women at leadership roles continues to impact pay equity. According to Mercer's 2021 India Total Remuneration Survey (TRS), at the entry level women's compensation to that of men was 95-99 per cent when [...]

Infallible Pharma Bullish on Indian Market, Targets Rs. 1000 Crore Revenue in Next Five Years

Infallible Pharma is the leading producer of critical care medicines in India. Infallible Pharma has achieved number one position in Heparin Sodium injection & Enoxaparin Sodium injection Mumbai, Maharashtra, India (NewsVoir) Infallible Pharma, a certified pharmaceutical company of Indian origin is all set to gain deeper market penetration and achieve Rs. 1000 crore revenue in [...]
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