In a bid to engage more farmers on the eNAM platform, the government unveiled mobile payment facility BHIM, and other features in regional languages as well.
The Budget is finally out and Mr Jaitley did not disappoint. The government managed to do a commendable job of balancing economic populism with prudent economics.
Prices of tomatoes in the NCR shot up to up to Rs 70-80 owing to heavy reduction in supply from neighbouring UP and Haryana after heavy rains damaged the tomato crop.
APMCC chairman Vinood Pandita says Kashmiri pandits cannot be made sacrificial goat by the Central government. We will not tolerate any talks with separatists.
e-NAM is expected to mend the broken food supply chain and tame inflation.
Wholesale onion price in Delhi declined by Rs3-5 per kg to Rs53 due to increase in arrival of new crop from Karnataka, Andhra Pradesh.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months