BUSINESS

Union Minister of Commerce and Industry Piyush Goyal today held meeting, through Video conference, with the industry and trade associations. This was the fifth such meeting since the lockdown with the associations, to assess the impact of Covid-19 lockdown and subsequent relaxations on their activities, and take note of their …

Amazon.in today announced that it is providing a COVID-19 health insurance, completely free of cost for its sellers in India. The insurancewill help cover the expenses related to COVID-19 hospitalization and treatment as well as ambulance assistance and ICU chargesof up to INR 50,000, and it will be validforone yearafter …

As part of COVID-19 mitigation mission of Country, CSIR has strategized its R&D to develop, integrate, scale-up, and deploy necessary technological interventions for combating Coronavirus pandemic in the country. Considering the multifarious problems created by coronavirus, which require interventions, the CSIR under the guidance of its Director General, Dr. Shekhar …

Power Finance Corporation (PFC), the central PSU under Ministry of Power and India’s leading NBFC, today entered into an agreement with Narmada Basin Projects Company Ltd. (NBPCL), a wholly-owned company of Govt. of Madhya Pradesh, to fund projects worth Rs.22,000 crore for 225 MW hydro-electric projects & multipurpose projects in …

Despite logistics and other challenges posed by Covid 19 lockdown HIL (india) Limited a PSU under Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertlizers ensured timely production and supply of pesticides for farming community. HIL is now in process of production and supply of 25 MT Malathion Technical …

​A webinar on ‘Medical Devices and API sector: Challenges & Emerging Opportunities’ was held on 22nd May, 2020 at 11.30 am for business and trade collaboration between India and Japan in the post COVID-19 scenario. The webinar was organized by the Embassy of India, Tokyo in partnership with the Department …

The Competition Commission of India (CCI) approves acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited, on a fully diluted basis, by Nuvoco Vistas Corporation Limited The proposed combination pertains to the acquisition of 100% of the total issued and paid up share …

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given the following approvals: To enable additional funding of up to Rs. three lakh crore to eligible MSMEs and interested MUDRA borrowers by way of “Emergency Credit Line Guarantee Scheme.” Under the Scheme, 100% guarantee coverage to be provided …

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval to the proposal of the Ministry of Finance to launch a new Special Liquidity Scheme for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) to improve liquidity position of the NBFCs/HFCs. Financial implication: The direct …

Hon’ble Prime Minister Narendra Modi announced a Special economic and comprehensive package of Rs 20 lakh crore – equivalent to 10% of India’s GDP on 12th May 2020. He gave a clarion call for आत्मनिर्भर भारत अभियान or Self-Reliant India Movement. He also outlined five pillars of Atmanirbhar Bharat – …