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Category: Business

NTPC achieves 100 percent PLF at three of its power stations
Business

NTPC achieves 100 percent PLF at three of its power stations

10/05/202010/05/2020

New Delhi: NTPC Ltd, a central PSU under Ministry of Power and India’s largest power generator, has achieved 100 percent Plant Load Factor (PLF) on

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FM launches INR – USD Futures and Options contracts in the International Exchanges at GIFT-IFSC
Business World

FM launches INR – USD Futures and Options contracts in the International Exchanges at GIFT-IFSC

10/05/202010/05/2020

New Delhi: Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitaraman launched INR-USD Futures and Options contracts on the two International Exchanges, viz BSE’s

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Despite the stringent restrictions due to COVID-19 lockdown National Fertilizers Ltd. sale jumps 71% in April 2020
Business

Despite the stringent restrictions due to COVID-19 lockdown National Fertilizers Ltd. sale jumps 71% in April 2020

10/05/202010/05/2020

National Fertilizers Ltd, a PSU under the ministry of Chemicals and  Fertilizers  registered a 71 percent growth in fertilizer sale in the month of April 2020.

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Clarification in respect of residency under section 6 of the Income-tax Act, 1961
Business National

Clarification in respect of residency under section 6 of the Income-tax Act, 1961

10/05/202010/05/2020

Section 6 of the Income-tax Act, 1961 (the Act) contains provisions relating to residency of a person. The status of an individual as to whether

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New procedure for registration, approval, etc. of certain entities deferred to 1st October, 2020
Business National

New procedure for registration, approval, etc. of certain entities deferred to 1st October, 2020

10/05/202010/05/2020

In view of the unprecedented humanitarian and economic crisis, the CBDT has decided that the implementation of new procedure for approval/ registration/notification of certain entities

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Despite enormous challenges posed by COVID -19 pandemic RCF registers over 35 percent increase in sale of NPK fertilizers Suphala
Business

Despite enormous challenges posed by COVID -19 pandemic RCF registers over 35 percent increase in sale of NPK fertilizers Suphala

09/05/202009/05/2020

Despite enormous logistic and other challenges posed by COVID-19 lockdown, Rashtriya Chemicals Fretilizers Ltd, (RCF), a PSU under Ministry of Chemicals and Fertilizers, Government of

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Vista to invest ₹ 11,367 crore in Jio platforms at an equity value of ₹ 4.91 lakh crore
Business National World

Vista to invest ₹ 11,367 crore in Jio platforms at an equity value of ₹ 4.91 lakh crore

08/05/202008/05/2020

Reliance Industries Limited (“Reliance Industries”) and Jio Platforms Limited (“Jio Platforms”) announced today that Vista Equity Partners (“Vista”) will invest ₹ 11,367 crore into Jio

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Facebook to Invest ₹ 43,574 crore in Jio Platforms for a 9.99% Stake
Business World

Facebook to Invest ₹ 43,574 crore in Jio Platforms for a 9.99% Stake

06/05/202006/05/2020

Reliance Industries Limited (“Reliance Industries”), Jio Platforms Limited (“Jio Platforms”) and Facebook, Inc. (“Facebook”) today announced the signing of binding agreements for an investment of

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Silver Lake to invest ₹ 5,655.75 crore in Jio platforms at an equity value of ₹ 4.90 lakh crore
Business National

Silver Lake to invest ₹ 5,655.75 crore in Jio platforms at an equity value of ₹ 4.90 lakh crore

06/05/202006/05/2020

Reliance Industries Limited (“Reliance Industries”) and Jio Platforms Limited (“Jio Platforms”) announced today that Silver Lake will invest ₹ 5,655.75 crore into Jio Platforms. This

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ITC’s Sunfeast YiPPee! releases video
Business Sports

ITC’s Sunfeast YiPPee! releases video

03/05/202003/05/2020

Sunfeast YiPPee! one of the most popular instant noodle brands in India is reassuring  consumers of its availability amidst the extended lockdown. To assure consumers

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