Wednesday , August 4 2021

BUSINESS

Sovereign Gold Bond Scheme 2020-21 (Series VIII) – Issue Price

In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series VIII) will be opened for the period November 09-13, 2020 with Settlement date November 18, 2020. The issue price of the Bond during the subscription period shall be Rs 5,177 (Rupees Five thousand ... Read More »

Exchange Rate Notification No.105/2020 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.99/2020-Customs(N.T.), dated 15th October, 2020 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes andCustoms hereby determines that ... Read More »

Cabinet approves Mechanism for procurement of ethanol by Public Sector Oil Marketing Companies under Ethanol Blended Petrol Programme – Revision of ethanol price for supply to Public Sector OMCs for Ethanol Supply Year 2020-21

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved the following, including fixing higher ethanol price derived from different sugarcane based raw materials under the Ethanol Blended Petrol (EBP) Programme for the forthcoming sugar season 2020-21 during Ethanol Supply Year (ESY)  2020-21 from 1st December 2020 to 30th November 2021: ... Read More »

NTPC commences Vigilance Awareness Week across its Power Stations

NTPC Ltd. Country’s largest power producer and the PSU under Ministry of Power, commenced the Vigilance Awareness Week (27th October to 2nd November 2020), with a vow to make “Vigilant India, Prosperous India”. The Vigilance Awareness Week is being observed across Power stations of NTPC. The Vigilance Awareness Week began ... Read More »

Finance Minister Smt. Nirmala Sitharaman leads Indian delegation in 10th Round of Ministerial UK-India Economic and Financial Dialogue

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman led the Indian Delegation in the 10th Round of Ministerial UK-India Economic and Financial Dialogue (EFD), held here today in virtually through video conferencing. The Indian delegation included representatives from Ministry of Finance, Reserve Bank of India and Securities and Exchange Board ... Read More »

GIFT IFSC prescribes framework for listing of Depository Receipts

The International Financial Services Centres Authority (IFSCA), with an objective to develop the financial products and financial services in the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) has prescribed the regulatory framework for listing of Depository Receipts (DRs). The framework provides for listing of DRs by companies ... Read More »

NTPC Ltd. enters into foreign currency loan agreement with Japanese Government’s financial institution for JPY 50 billion under GREEN initiative

In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative, India’s largest power producer today entered into foreign currency loan agreement with Japanese Government’s financial institution for JPY 50 billion (approx. USD 482 million ... Read More »

Bharat Electronics Limited presents Rs. 174.44 crore final dividend Cheque to Raksha Mantri Shri Rajnath Singh

Bharat Electronics Limited, BEL, presented the 140% final dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lacs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India.  The Cheque was presented to the Raksha Mantri,  Rajnath Singh by the Chairman & Managing Director, ... Read More »

Cochin Shipyard surges on signing MoU with Fincantieri

Cochin Shipyard is currently trading at Rs. 358.05, up by 7.20 points or 2.05% from its previous closing of Rs. 350.85 on the BSE. The scrip opened at Rs. 355.00 and has touched a high and low of Rs. 358.75 and Rs. 355.00 respectively. The BSE group ‘A’ stock of ... Read More »