$ 20 bn yearly investments to meet climate targets: FICCI
New Delhi: India needs US $ 20 billion worth of investments each year to achieve its climate targets and fund its green transition, says FICCI-Trilegal released a white paper ‘ESG – Into the Mainstream’ rele...
BUREAUCRATS INDIAWomen entrepreneurs have fewer opportunities to get funding: Smriti Irani
New Delhi: Union Minister for Women and Child Development Smriti Irani has said that female founders of a company get 35 per cent fewer opportunities to get funding than male co-founders. Addressing the virtual session on &ls...
BUREAUCRATS INDIAWomen in tech make way for other women: Smriti Irani
New Delhi: One of the greatest challenges we see for female scientific minds is their transition from technological educational institutions to positions of research, said Smriti Irani, Minister for Women and Child Developmen...
BUREAUCRATS INDIASusheel Kumar appointed Syngenta India MD
New Delhi: Syngenta India has announced Susheel Kumar as the new Managing Director of Syngenta India Pvt Ltd. Kumar takes over the charge from Rafael Del Rio, who served as the Managing Director for the past four years. Rafae...
BUREAUCRATS INDIAIndia’s farm exports touched US $ 19,709 million in Apr–Jan 2021-22
New Delhi: Notwithstanding logistical challenges posed by Covid-19 pandemic, India’s exports of agricultural and processed food products rose by more than 23 per cent in terms of USD in the first ten months of the curre...
BUREAUCRATS INDIAI-T Dept conducts searches in a major telecom group
New Delhi: The Income Tax Department conducted search and seizure operations on a multinational group, engaged in distribution of telecom products and providing captive software development services on 15.02.2022. The ultimat...
BUREAUCRATS INDIAAccount aggregators to connect underserved segments with financial sector: NITI Aayog
New Delhi: Senior Advisor, NITI Aayog, Anna Roy has said that with increasing use of artificial intelligence (AI) in the financial sector, we as policymakers and regulators need to take extra care that regulation or regulator...
BUREAUCRATS INDIAExport of electronic goods sees a jump of 88 pc
New Delhi: India’s export of electronic goods rose by almost 88 per cent from US $ 6600 million in 2013-14 to US $ 12,400 million in 2021-22. Mobile phones, IT hardware like laptops, tablets, consumer electronics like T...
BUREAUCRATS INDIAFICCI welcomes appointment of Buch as SEBI chairperson
New Delhi: Industry body FICCI has welcomed the appointment of Madhabi Puri Buch as the chairperson of Securities and Exchange Board of India (SEBI) and has expressed confidence that the new chairperson will provide great lea...
BUREAUCRATS INDIARs 1,33,026 cr gross GST revenue collected in February
New Delhi: The gross GST revenue collected in the month of February 2022 is Rs 1,33,026 crore of which CGST is Rs 24,435 crore, SGST is Rs 30,779 crore, IGST is Rs 67,471crore including Rs 33,837 crore collected on import of ...
BUREAUCRATS INDIAIndia as a manufacturing hub for defence components
New Delhi: Sanjay Jaju, Additional Secretary, Department of Defence Production, Ministry of Defence, has said that in the post-Covid world, there are global strategic alignments taking place, supply chains moving from one cou...
BUREAUCRATS INDIASubsea cable system IAX to connect Maldives to India
Mumbai: Reliance Jio Infocomm Ltd (Jio), India’s largest 4G and mobile broadband digital service provider, will land the next generation multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives...
BUREAUCRATS INDIALandmark moment in India-UAE trade relations: FICCI
New Delhi: The signing of the CEPA between India and the UAE is a major step towards strengthening the bilateral relations and boosting trade and investment between both countries, as India-UAE commemorates the golden ju...
BUREAUCRATS INDIATime for India to transit from R&D stage to production of vanadium for usage in steel industry: NITI Aayog
New Delhi: It is high time for India to transition from the research and development (R&D) stage to production of vanadium for usage in the steel industry, said R Saravanabhavan, Deputy Advisor, NITI Aayog. “India is a s...
BUREAUCRATS INDIAFICCI welcomes SEBI’s decision on separation of CMD position
New Delhi: FICCI has welcomed SEBI’s decision on separation of CMD position. “SEBI Board’s decision to permit listed companies to structure their board leadership in alignment with the respective company&rsq...
BUREAUCRATS INDIASufficient stock for non-power sector: CIL
New Delhi: Coal India Limited (CIL) is said to have sufficient stock for the non-power sector and is currently supplying around 3.4 lakh tonnes of coal per day to the non-power sector (NPS) which is the company’s averag...
BUREAUCRATS INDIACCI approves acquisition of equity share capital of Sajjan India Limited by Sona Company
New Delhi: The Competition Commission of India (CCI) has approved the acquisition of equity share capital of Sajjan India Limited by Sona Company Pte Ltd under Section 31(1) of the Competition Act, 2002. Sona Compan...
BUREAUCRATS INDIAIlker Ayci is new CEO and MD of Air India
Mumbai: Tata Sons has appointed former chairman of Turkish Airlines Ilker Ayci as the Chief Executive Officer (CEO) and Managing Director (MD) of Air India. Ayci will assume his new responsibilities on or before April 1 this ...
BUREAUCRATS INDIAJio Platforms and SES announce JV to deliver high-performance satellite-based broadband services
Mumbai: Jio Platforms Limited (JPL), India’s leading digital service provider, and SES, a leading global satellite-based content connectivity solutions provider, have announced the formation of a joint venture (JV) &nda...
BUREAUCRATS INDIAN Chandrasekaran reappointed Tata Sons Chairman for another 5 years
Mumbai: Tata Sons on Friday approved the reappointment of N Chandrasekaran as its Executive Chairman for another five years. The decision was taken during the board meeting, which was also attended by Ratan N Tata as a specia...
BUREAUCRATS INDIA268 SEZs are operational in India
New Delhi: At present, there are 425 formally approved Special Economic Zones (SEZs) in the country. As on date, 376 SEZs are notified and 268 SEZs are operational. This information was given by Minister of State for Commerce and Industry Anupriya...
BUREAUCRATS INDIARBI’s policy support till broad-based durable recovery is encouraging: FICCI
New Delhi: The Reserve Bank of India (RBI) continued maintaining an accommodative stance reiterating that protecting lives and livelihoods remains a clear priority amidst the current circumstances, said Sanjiv Mehta, President, FI...
BUREAUCRATS INDIAAverage monthly gross GST collection for third quarter of FY 2021-22 pegged at Rs 1.30 lakh crore
New Delhi: The average monthly gross Goods & Services Tax (GST) collection for the third quarter of FY 2021-22 has been Rs 1.30 lakh crore against the average monthly collection of Rs 1.10 lakh crore and Rs 1.15 lakh cror...
BUREAUCRATS INDIAJio announces investment of $ 15 million in TWO Platforms Inc
Mumbai: Jio Platforms Limited has announced an investment of $ 15 million in TWO Platforms Inc, a Silicon Valley based deep tech start-up founded by Pranav Mistry, for a 25 per cent equity stake on a fully diluted basis. Two ...
BUREAUCRATS INDIACCI imposes penalty on 7 entities for bid rigging in tender of State Bank of India
New Delhi: The Competition Commission of India (CCI) has passed a final order against seven entities for indulging in anticompetitive agreement for supply of the signage for branches, offices, ATMs of State Bank of India (SBI...
BUREAUCRATS INDIAManufacturing outlook remains in expansion mode for Q-3: FICCI Survey
New Delhi: FICCI’s latest quarterly survey on manufacturing reveals that outlook seems to have improved for the sector in Q3 (October-December 2021-22) after some revival in the first half of 2021-22, and manufacturers ...
BUREAUCRATS INDIAIndustry bodies hail Union Budget 2022 as a driver of long term growth
New Delhi: Industry bodies have hailed Union Budget 2022 as a driver of long term growth, stating that higher allocation of capital expenditure will have a multiplier effect on the economy. Sanjiv Mehta, President, FICCI, sai...
BUREAUCRATS INDIAFocus on technology and ICT in Union Budget unprecedented: ESC chairman Sandeep Narula
New Delhi: Welcoming the Union General Budget 2022-23, Sandeep Narula, Chairman, Electronics and Computer Software Export Promotion Council (ESC), has said that one aspect that stood in the Budget is its heavy dependence on t...
BUREAUCRATS INDIAIndia’s exports of ready to eat products rise by 24 pc to $ 394 million
New Delhi: India’s export of final consumer food products such as ready to eat (RTE), ready to cook (RTC) and ready to serve (RTS) under the APEDA basket has registered a significant growth in the last one decade. ...
BUREAUCRATS INDIADaughter of Mizoram’s farmer gets prestigious Syngenta Scholarship; Joins Asian University for Women
New Delhi/Mizoram: The daughter of a smallholder farmer in Mizoram is among five successful recipients of a scholarship for admission to prestigious Asian University for Women in Bangladesh. The $375,000 (Rs 2.8...
BUREAUCRATS INDIAAir India strategic disinvestment completed
New Delhi: The strategic disinvestment transaction of Air India has been completed with the Central government receiving a consideration of Rs 2,700 crore from the strategic partner Talace Pvt Ltd, a wholly owned subsidiary o...
BUREAUCRATS INDIACGST Palghar Commissionerate arrests one for committing GST fraud of Rs 181 crore
Mumbai: CGST Palghar Commissionerate has arrested an accountant for issuing bogus bills of more than Rs 1000 crore and committing GST input tax credit (ITC) fraud of Rs 181 crore, said the Finance Ministry in a statement on Wednes...
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