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    MMRCL Collaborates With Bahwan Cybertek For Asset Management Systems

    Mumbai Metro Rail Corporation Limited (MMRCL), the nodal agency responsible for the implementation of the MML-3 project in India has awarded a contract to build the Common Asset Management System (CAMS) for Mumbai Metro Line-3 to Bahwan CyberTek (BCT) Group. Bahwan CyberTek will provide the end-to-end design, implementation and support for CAMS, leveraging its expertise in...

    • 2 hrs ago
  • News

    DSP Investment Managers Unveils OFO Of DSP Flexi Cap Fund

    DSP Investment Managers has announced a unique Old Fund Offering (OFO) of the DSP Flexi Cap Fund to remind investors of a ready and proven portfolio that has been through various market cycles over 24 years. The OFO highlights DSP Flexi Cap Fund's ability and flexibility to allocate across market capitalizations, its strong investment framework and the Fund Manager's conviction...

    • 4 hrs ago
  • News

    Sugar Mills May Earn Rs 15,000 Cr Revenue In 2020-21 From Ethanol Supply To OMCs

    Sugar mills are likely to earn revenues of about Rs 15,000 crore in the 2020-21 marketing year ending November by selling ethanol to oil marketing companies (OMCs), the government said on Tuesday. In a written reply to the Lok Sabha, Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti said the country is self reliant in sugar production. In a...

    • 5 hrs ago
  • News

    Over 2 Lakh Hectare Farmland Damaged This Year Due To Hydro-Meteorological Calamities: Tomar

    A little over 2 lakh hectare of the cropped area has been damaged so far this year due to hydro-meteorological calamities, Agriculture Minister Narendra Singh Tomar informed Parliament on Tuesday. Tomar in a written reply to the Lok Sabha said in the year 2020-21, 66.55 lakh hectare cropped area was damaged. However, till July 27 this year, 2.024 lakh...

    • 5 hrs ago
  • News

    Cairn Arbitration: Govt Confirms French Court Order Against Indian Assets

    The government on Tuesday confirmed that a French court has ordered the freezing of certain Indian assets in Paris on a petition by Britain's Cairn Energy, which is seeking to recover USD 1.72 billion from New Delhi after winning an arbitration against retro tax.Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said...

    • 5 hrs ago
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    No Of Wilful Defaulters Rises To 2,494: FM

    The number of wilful defaulters has increased from 2,208 to 2,494 at the end of March 31, 2021, Finance Minister Nirmala Sitharaman informed Parliament on Tuesday. As per RBI data on global operations, during the last three financial years, public sector banks (PSBs) have effected recovery of Rs 3,12,987 crore in non-performing assets (NPAs) and written-off loans, she said in a written reply to the...

    • 5 hrs ago
  • News

    Census 2021 Related Field Activities Postponed Due To Covid-19: Govt Informs Parliament

    The field activities related to the census 2021 exercise in the country have been postponed due to the Covid-19 pandemic, the government informed Parliament on Tuesday. Minister of State for Home Affairs Nityanand Rai said in a written reply to a query in Lok Sabha that census 2021 was to be conducted under the provisions of the Census Act of 1948 in two...

    • 5 hrs ago
  • News

    FDI In Food Processing Sector Falls 57% To $393 Million In FY21

    Foreign Direct Investment (FDI) in food processing sector declined 57 per cent to USD 393.4 million (around Rs 2,926 crore) in 2020-21 as compared to the previous year, the government said on Tuesday. In a written reply to the Lok Sabha, Minister of State for Food Processing Industries Prahlad Singh Patel said the FDI policy and data are the under purview of the Department for...

    • 5 hrs ago
  • News

    Adani Ports Raises $750 Mn From Global Markets

    Adani Ports and Special Economic Zone Ltd (APSEZ) has raised USD 750 million (around Rs 5,582 crore) through issues of bonds, including a 20-year unsecured bond issue, from the global markets. The company claimed that it has become the first infrastructure company in India to successfully raise 20 years money from international markets. According to a statement, the coupon rates for the 10.5-year...

    • 5 hrs ago
  • News

    Sensex Falls 274 Points; Pharma Stocks Decline

    Following a major sell off in the pharma stocks at home and a negative sentiment in the Asian markets, the BSE Sensex and Nifty-50 ended the day in the red territory. At close, the Sensex was at 52,578.76, down 273.51 points, and the Nifty-50 was down by 78 points at 15,746.45.In the 30-share pack Sensex, 19 scrips ended in the red, while 11 stocks advanced during the intraday session on Tuesday,...

    • 5 hrs ago

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