The blockchain technology that underlies everything on Web3 has interesting uses across the world, including India. In a new development, the Ahmedabad Municipal Corporation in the Indian state of Gujarat has issued a notice seeking blockchain developers. The city wants to use blockchain to modernize the storage and maintenance of citywide records, including residents’ personal … Read more
Indian Oil Corporation is currently trading at Rs. 169.85, up by 2.10 points or 1.25% from its previous closing of Rs. 167.75 on the BSE. The scrip opened at Rs. 169.90 and has touched a high and low of Rs. 171.25 and Rs. 169.15 respectively. So far 547405 shares were traded on the counter. The … Read more
In an effort to improve production and productivity of raw Jute in the country, the Ministry of Textiles will make available certified jute seeds to the farmers through the Jute Corporation of India (JCI). National Seeds Corporation (NSC), a CPSE under the Ministry of Agriculture and Farmers’ Welfare would be ensuring delivery of these quality … Read more
Dredging Corporation of India has reported results for second quarter ended September 30, 2018. The company has reported a net loss of Rs 79.16 crore for the quarter under review against net profit of Rs 18.59 crore for the same quarter in the previous year. Total income of the company decreased by 8.18% at Rs … Read more
AGC Networks’ wholly owned Subsidiary — AGC Networks Pte in Singapore and Black Box Corporation have entered into a definitive merger agreement under which AGC Singapore would acquire all the outstanding shares of Black Box for $1.08 per share in cash. The Black Box Board of Directors unanimously approved the merger agreement following a thorough … Read more
Cabinet also approved leasing out six airports, namely Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru for operation, management, and development under Public Private Partnership. The Cabinet approved laying down procedures and mechanisms for sale of enemy shares. Sale proceeds are to be deposited as disivestment proceeds in the government account maintained by ministry of Finance. … Read more
Power Grid Corporation of India has reported results for second quarter ended September 30, 2018. The company has reported 7.87% rise in its net profit at Rs 2,309.49 crore for the quarter under review as compared to Rs 2,141.04 crore for the same quarter in the previous year. Total income of the company increased by … Read more
