Day: May 9, 2021

Modi government releases Rs. 8923.8 crore to Panchayats in 25 States

NEW DELHI: The Under Narendra Modi government said that Department of Expenditure, Ministry of Finance, yesterday released an amount of Rs. 8,923.8 crore to 25 States for providing grants to the Rural Local Bodies (RLBs). The grants are meant for all the three tiers of Panchayati Raj Institutions – village, block and district. The amount […]

Kamdhenu eyes Rs 1,000 crore revenue from paints section in next 5 years: CMD

By Abhishek Sonkar NEW DELHI: Building materials maker Kamdhenu Group is looking at over Rs 1,000 crore revenue from its paints segment over the next five years, amid rising demand for the product in line with new housing projects. The company is also in the process of hiving off its paints business into a separate […]

Market capitalization of eight of top-10 most-valued companies zooms by Rs 81,250.83 crore

NEW DELHI: Eight of the top-10 most-valued companies together added Rs 81,250.83 crore in market valuation last week, with Tata Consultancy Services emerging as the biggest gainer. Only Reliance Industries Ltd and Infosys took losses in their market capitalisation for the week closed on Friday. Rest eight companies — Tata Consultancy Services, HDFC Bank, Hindustan […]

Pay only for IPL matches played so far, Star tells worried sponsors and advertisers

NEW DELHI: Star Sports has told advertisers who had bought airtime on the now-suspended 14th edition of the popular Indian Premier Leage (IPL) cricket tournament to pay only for the matches that have been played, sources said. Star Sports has bagged the IPL’s television and digital rights for 2018-2022 for Rs 16,348 crore, agreeing to […]

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