Month: August 2021

Jammu and Kashmir expecting investment proposals worth Rs 50,000 crore

SRINAGAR: Jammu and Kashmir is expecting investment proposals worth Rs 50,000 core which have the capacity to provide employment opportunities to 10 lakh persons, Lieutenant Governor Manoj Sinha said here on Sunday. “So far, proposals worth Rs 23,500 crores have been received. Investment proposals of Rs 35,000 crore by December 2021 and Rs 50,000 crore […]

Over 50 lakh new investor registrations came into equity fold since April 2021: NSE’s Vikram Limaye

NEW DELHI: Leading stock exchange NSE, which helped transform country’s deep-rooted savings tradition into equity culture, has witnessed over 50 lakh new investor registrations in the current fiscal, its chief Vikram Limaye said on Sunday. This is equal to 62.5 per cent of the total number of new investor registrations, at around 80 lakh, that […]

IRB Infra achieves full commercial operation date for six-laning highway project in Rajasthan

NEW DELHI: IRB Infrastructure Developers SPV CG Tollway Ltd on Sunday said it has achieved full commercial operation date (COD) for Chittorgarh-Gulabpura six-laning highway project in Rajasthan. The National Highway Authority of India (NHAI) has issued completion certificate to IRB Infrastructure Developers Ltd. On receipt of this, the company has now become eligible for collecting […]

SWAMIH Fund invests Rs. 150 crore in Tridhaatu Realty’s Chembur project

NEW DELHI: Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I), the government-backed last-mile financing platform has made an investment of over Rs 150 crore to complete a residential project of realty developer Tridhaatu Realty & Infra located in Chembur, Mumbai. As per the terms, SWAMIH’s investment will hold senior […]

Maharashtra sets up IT award in Rajiv Gandhi’s name

NEW DELHI: Days after former prime minister Rajiv Gandhi’s name was removed from the country’s top sports award Khel Ratna, the Maharashtra government, of which Congress is a constituent, on Tuesday set up an award in his name to felicitate information technology (IT) organizations helping society. A government order said the award commemorates the contribution […]

Rajasthan government to provide interest-free loan to street vendors

JAIPUR: The Rajasthan government has introduced a scheme to provide interest-free loan up to Rs 50,000 to street vendors, people in the age group of 18-40 years working in the service sector and unemployed of urban areas hit by Covid-19-induced financial crisis. In compliance with the budget announcement made by Chief Minister Ashok Gehlot, the […]

IT majors propose to set up units at cost of Rs 20,000 crore in Uttar Pradesh

NEW DELHI: The Yogi Adityanath Uttar Pradesh government in Uttar Pradesh would develop a data centre park spread over 200 acres of land in Sector 28 of Yamuna Expressway Industrial Development Authority (YEIDA) in Gautam Budh Nagar district. The implementation of this plan gets underway towards the end of this month. The Yogi Government believes […]

Modi government could withdraw new farm laws considering upcoming Uttar Pradesh polls: BJP leader

NEW DELHI: A BJP leader has supported farmers’ agitation against the three new farm laws and said that the BJP-led Narendra Modi government (central government) could withdraw them keeping in mind Uttar Pradesh assembly polls. “The demands made by the farmers are right. Keeping in mind the assembly polls and anger among the farmers, the […]

Supreme Court refuses to entertain pleas of Amazon, Flipkart against CCI probe

NEW DELHI: The Supreme Court Monday refused to entertain pleas of e-commerce firms, Amazon and Flipkart, challenging an order permitting the Competition Commission of India (CCI) to carry out a preliminary investigation into the alleged violation of the competition law. A three-judge bench headed by Chief Justice N V Ramana said that challenging the enquiry […]

Sebi enforces amendments to empower independent directors

NEW DELHI: Capital markets regulator Sebi has overhauled the rules pertaining to the appointment, removal and remuneration of independent directors to ensure their independence and effectiveness. The development assumes significance in the backdrop of the role of independent directors coming under scrutiny for their failure in detecting and preventing corporate frauds and promoter mismanagement. The […]

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