Under the States Startup Ranking Framework, Gujarat, Karnataka, Kerala and Tamil Nadu have been adjudged as the best performer states in Category A (population more than 1 crore). The National Startup Awards 2023 were announced on the occasion of National Startup Day. The Union Minister of Commerce & Industry Piyush Goyal presented the awards.
The Competition Commission of India (CCI) has approved the proposed amalgamation of Shriram GI Holdings Private Limited with Shriram General Insurance Company Limited. The proposed combination relates to the amalgamation of Shriram GI Holdings Private Limited (SGIH) with Shriram General insurance Company Limited (SGIC) (Proposed Combination).
The Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation (MoSPI) Rao Inderjit Singh launched the MPLADS e-SAKSHI Mobile Application for revised fund flow procedure under MPLAD Scheme
Australia skipper Pat Cummins wins ICC Men's Player of the Month award for bowling heroics in the Test triumph against Pakistan. Meanwhile, Deepti Sharma of India won the maiden ICC Women's Player of the Month award thanks to her multi-format brilliance against England and Australia, according to a release from the International Cricket Council (ICC).
Fitch Ratings has said that India is poised to remain one of fastest-growing economies in the world in next few years. The rating agency has also affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB (minus)' with a stable outlook.
Ministry of Heavy Industries is organising an Auto PLI Conclave tomorrow i.e. 16th January, 2024 at Bharat Mandapam, Pragati Maidan, New Delhi, to discuss and highlight the salient features of the Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry.
Ministry of Mines, Government of India has achieved a significant milestone with the signing of an agreement between Khanij Bidesh India Limited (KABIL) and the state-owned enterprise of Catamarca province of Argentina CATAMARCA MINERA Y ENERGÉTICA SOCIEDAD DEL ESTADO (CAMYEN SE) at Catamarca, Argentina today i.e., on 15th January, 2024.
Larsen & Toubro (L&T) announced it has secured a mega contract from an authorised Japanese agency to construct an electrification system for the Mumbai-Ahmedabad High-Speed rail project in India. Valued in the range of Rs 10,000 crore to Rs 15,000 crore, the project, according to company executives, is the largest single rail-electrification order in India.
A Working Group constituted during the 32nd Conference of the State Finance Secretaries held in July 2022, to prescribe a uniform guarantee ceiling for States among others, recommended that the word ‘Guarantee’ should include all instruments, which create an obligation, contingent or otherwise, on part of the State Government.
India’s insurance sector is projected to record the fastest growth among the G20 countries with the total premium expected to rise at an average rate of 7.1 per cent in real terms during 2024-28. In comparison, the growth rate for the global insurance market will be around 2.4 per cent, said a report by Swiss Re Institute.
Karnataka Bank (KBL), a leading Private Sector Bank and Clix Capital, one of India's fastest-growing new-age NBFCs, have entered into a strategic digital co-lending partnership through Yubi Co.lend Platform. This partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employment growth.
REC Limited, an eminent Non-Banking Financial Company (NBFC) under the Ministry of Power, India, has earned the ‘ICAI Award for Excellence in Financial Reporting 2022-23’. This distinguished tribute was conferred by the Institute of Chartered Accountants of India (ICAI) at a ceremony in Raipur.
Yes Bank has unveiled SmartFin, an advanced digital Supply Chain Finance (SCF) platform developed in collaboration with Veefin Solutions to support Micro, Small, and Medium Enterprises (MSMEs). The move reflects Yes Bank's commitment to fostering innovation and amplifying its digital offerings, particularly in the realm of working capital efficiencies.
Haldia Petrochemicals Ltd (HPL), a leading petrochemicals company in India, is proud to announce its achievement of becoming the first ISO 27001:2022 certified petrochemical organisation in the industry by BSI (British Standards Institution), a renowned certification body.