Page-17 of Business
Secondary Steel Sector Awards given for contribution to National Economy
Union Ministry of Steel recently for the first time gave away Secondary Steel sector awards to 26 mini steel companies in recognition of their contribution to the national economy. 12 companies were awarded Gold Certificates and 14 Silver Certificates for ..
IIP records 6.6% growth in July 2018
According to data released by Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production grew at 6.6% in July 2018. This growth was on the back of good performance by manufacturing sector and higher ..
Month: Current Affairs - September, 2018
Deloitte India Risk Survey 2018
Deloitte is a multinational professional services network and one of the “Big Four” accounting organizations. About the Survey: Deloitte India Risk Advisory surveyed more than 100 stakeholders covering board level executives, CEOs, CFOs, CRO, Business Leaders, and Heads of Internal Audit. The ..
Government makes demat mandatory for issue and transfer of shares
Union Ministry of Corporate Affairs (MCA) has mandatory for unlisted public companies to issue new shares or transfer of all shares in dematerialised or demat (i.e. in electronic form) form beginning October 2, 2018. With this, major benefits of dematerialisation ..
Month: Current Affairs - September, 2018
Ramesh Abhishek to head panel of secretaries to look into issues raised on some proposals of draft e-commerce policy
The Government of India (GoI) has set up a group of secretaries to look into the issues raised on some proposals of the draft e-commerce policy. The group will be chaired by Ramesh Abhishek, the secretary in the Department of ..
Government doubles monetary limit for filing cases in DRT
Union Finance Ministry has doubled pecuniary limit to Rs. 20 lakh from Rs.10 lakh for filing loan recovery application in Debt Recovery Tribunals (DRT) by banks and financial institutions. It means that bank or financial institution or consortium of banks ..
Month: Current Affairs - September, 2018
ONGC discovers oil, gas reserves in Madhya Pradesh, West Bengal
State-owned Oil and Natural Gas Corp (ONGC) has made oil and gas discoveries in Madhya Pradesh and West Bengal that may potentially open up two new sedimentary basins in country. They are category-III basins, having hydrocarbon and are considered geologically ..
Month: Current Affairs - September, 2018
Temasek inks agreement to invest $400 million in NIIF Master Fund
Singapore-based global investment firm Temasek has signed agreement to invest up to Rs 2,750 crore ($400 million) in National Investment and Infrastructure Fund’s (NIIF) Master Fund. With this investment, NIIF Master Fund is now one of largest infrastructure funds in ..