A binding order requiring the inclusion of a small tube of gel in the first-aid kit of all vehicles from March 11 has triggered resistance from the auto industry, which is urgently seeking an extension of the deadline. The gel, known as Feracrylum, is used to halt bleeding from burns and wounds. However, it… Continue reading Up in arms: Feracrylum mandate not gelling with automobile companies | News
Tag: companies
IL&FS seeks NCLAT nod to sell insolvent companies with haircut, without shareholders’ approval | Company News
In this process, “lenders, as well as shareholders, would anyway have to take a haircut for their respective debt/ and equities,” IL&FS said | File image IL&FS group has approached the NCLAT to seek permission to sell its stake with a “haircut” and without shareholders’ approval in its companies, which are insolvent with unsustainable… Continue reading IL&FS seeks NCLAT nod to sell insolvent companies with haircut, without shareholders’ approval | Company News
Oil-marketing companies raise prices of ethanol from maize, damaged food
With Food Corporation of India (FCI) stopping the supply of concessional rice for blending with ethanol, oil-marketing companies (OMCs) have decided to increase the price of ethanol produced from damaged foodgrain (DFG) by Rs 4.75 per litre and that from maize by Rs 6.01 per litre for the remaining period of the 2022-23 ethanol… Continue reading Oil-marketing companies raise prices of ethanol from maize, damaged food
Companies competing with Adani for prized assets faced CBI, ED raids: Cong
The Congress on Saturday cited the takeover of a cement company to allege that probe agencies were being misused by the BJP government to “enrich” a select few crony capitalists. Congress general secretary Jairam Ramesh claimed that in sectors such as airports, ports and cement, companies competing with the Adani Group for prized… Continue reading Companies competing with Adani for prized assets faced CBI, ED raids: Cong
Debt-burdened global leaders just love to hate ratings companies: Report
By Matthew Boesler, Craig Stirling and Paul Abelsky No amount of power and prosperity can stop the irritation of getting judged for your borrowing habits, as the world’s biggest economy just experienced. The US downgrade from AAA by Fitch Ratings this week is just the most high profile episode in a new era of… Continue reading Debt-burdened global leaders just love to hate ratings companies: Report
India considers allowing private companies to develop nuclear plants
Rajesh Kumar Singh India’s state-controlled nuclear power industry is considering allowing greater participation of private firms, with an aim to developing small modular reactors to help decarbonize industry. The country is reviewing its six-decade-old atomic energy law to allow more involvement from non-state companies, federal atomic energy minister Jitendra Singh said Wednesday… Continue reading India considers allowing private companies to develop nuclear plants
India considers allowing private companies to develop Nuclear plants
India currently allows private technology and construction in nuclear plants, but operations and fuel management are controlled by federal government companies. (Photo: PTI) By Rajesh Kumar Singh India’s state-controlled nuclear power industry is considering allowing greater participation of private firms, with an aim to developing small modular reactors to help decarbonize industry. … Continue reading India considers allowing private companies to develop Nuclear plants
As tensions flare, Gurugram exercises caution; companies mandate WFH
Alwar lynching case: District court convicts 4 out of 5; sentences to 7 yrs LIVE updates: Alert in 11 west UP districts in wake of Haryana violence As Manipur reels from violence, home minister Shah to visit the state today 6 killed in communal clashes in Haryana, 116 arrested: What we know so far Blinkit… Continue reading As tensions flare, Gurugram exercises caution; companies mandate WFH
Party over? If overweight, pare exposure to US technology companies
Allocation to it should not exceed 25% of your total exposure to country’s market Source link
Public sector coal companies to invest Rs 2.5 trn in new biz by 2030: Joshi
They will also increase their respective capacities as well, Joshi said speaking to the players of construction and equipment industry. Public sector coal companies have made an investment plan of Rs 2.5 lakh crore by 2030 towards “new business”, Union Minister Pralhad Joshi said on Tuesday. The investment will be utilised to increase… Continue reading Public sector coal companies to invest Rs 2.5 trn in new biz by 2030: Joshi