New Delhi: Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman administered the oath of integrity and secrecy to Justice (Retd.) Sanjaya Kumar Mishra as the President of the GST Appellate Tribunal (GSTAT), in New Delhi, today. Justice (Retd.)  Mishra’s appointment mar
Posted Date :  06-05-24

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BENGALURU, India: Wipro, a leading technology services and consulting company, today announced that it is collaborating with Microsoft to launch a suite of cognitive assistants for financial services powered by generative artificial intelligence (GenAI): Wipro GenAI Investor Intelligence, Wipro GenA
Posted Date :  06-05-24

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Mumbai: Sterlite Power, a leading global developer of power transmission, today announced the appointment of Reshu Madan as Chief Executive Officer, Global Products & Services (GPS) business. He succeeds Manish Agarwal who has decided to pursue an opportunity outside the company. Reshu will work
Posted Date :  06-05-24

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United States: On the 2nd of May 2024, U.S. Ambassador to Armenia Kvien, on behalf of the Government of the United States of America, and Republic of Armenia Minister of Defense Papikyan, on behalf of the Government of the Republic of Armenia, came together to sign an extension of the Agreement betw
Posted Date :  06-05-24

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Prioritizing well-being and fitness in the Public Sector, the Standing Conference of Public Enterprises (SCOPE) organized a 'Health Talk cum Health Screening Camp' at SCOPE Convention Centre, SCOPE Complex, New Delhi. Shri Atul Sobti, DG, SCOPE; Shri Siba Prasad Mohanty, CMD, HURL addressed
Posted Date :  06-05-24

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New Delhi: On 12 monthly basis, Net Profit up by 55% YoY at Rs 2247 Cr in Mar'24 from Rs 1447 Cr in Mar'23. The Board of Directors recommended a dividend of 120% amounting  Rs 12 per equity share for FY24 subject to requisite approvals. In terms of quarter results, Net Profit up by 6
Posted Date :  06-05-24

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Shashi Bhushan Singh, a 2010-batch Indian Railway Traffic Service (IRTS) officer, has been appointed as the Secretary (at the Director level) of the National Jute Board in Kolkata under the Ministry of Textiles. The appointment, approved by the Central Government, is effective for a five-year ter
Posted Date :  06-05-24

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On Monday, shares of public sector undertaking (PSU) stocks from various sectors were significantly affected by selling pressure. State-run companies like Power Finance Corporation (PFC), REC Ltd, Bharat Heavy Electrical Ltd (BHEL), Bharat Dynamics Ltd, RVNL, Ircon and Mazagon Dock Shipbui
Posted Date :  06-05-24

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The way people enjoy entertainment has changed with the rise of this era, leading us into a new era of deep engagement. Live casino games and streaming platforms have brought changes to how individuals interact with fun, providing real-time interaction and socialising opportunities that were previou
Posted Date :  06-05-24

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India has achieved a total installed energy capacity of 442 GW, out of which Renewable Energy (RE) accounts for about 33% or 144 GW, and hydroelectricity contributes 11% or 47 GW, according to a report by CEEW Centre for Energy Finance (CEEW-CEF). The share of coal in India's total installed cap
Posted Date :  06-05-24

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Paytm's shares declined over 4.5 percent today following the resignation of its COO and president, Bhavesh Gupta, which was announced in a regulatory filing. The shares of Paytm were trading 3.8 percent lower at Rs 355.25 on the NSE. This year, the stock has fallen 45 percent so far and has sign
Posted Date :  06-05-24

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New Delhi: Indian Overseas Bank (IOB) has announced that it will conduct an e-auction on May 28 to sell off 92 non-performing loans. These loans have an aggregate outstanding amount of Rs 13,471.68 crore. The public sector lender has invited expressions of interest (EOI) from asset reconstruction
Posted Date :  06-05-24

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In yet another record-breaking performance, J&K Bank has posted a net profit of Rs1767 Cr for the fiscal 2023-24 – a remarkable improvement of 48% over the previous high of Rs. 1197 Crore achieved last year. The Bank declared its annual and Q4 results after its Board of Directors approv
Posted Date :  06-05-24

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Tata Power Renewable Energy Limited (TPREL), a leading entity in India's renewable energy landscape and a subsidiary of the Company, has signed a Power Purchase Agreement (PPA) with SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), for a 460 MW Firm and Dispatchable Renewable Energ
Posted Date :  06-05-24

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Indian Renewable Energy Development Agency Limited (IREDA) recently held its 16th Stakeholders' Interaction Meet at the India International Centre in New Delhi. The meeting witnessed active participation from business partners across the renewable energy spectrum, including Solar, Wind, Hydro, B
Posted Date :  06-05-24

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The Board of Directors of Kotak Mahindra Bank has approved the audited standalone and consolidated results for the quarter and financial year ended March 31, 2024, at the Board meeting. The Bank’s PAT for FY24 increased to Rs 13,782 crore from Rs 10,939 crore in FY23, up 26% YoY. PAT for Q4FY2
Posted Date :  04-05-24

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The financial status of the  IDBI bank is categorized as follows- NIM is at 4.93%, YoY growth 41 bps and the Cost of Deposit stood at 4.30%. CRAR at 22.26%, YoY growth of 182 bps. Return on Assets (ROA) at 1.65%, YoY growth of 45 bps. Net NPA is at 0.34%, down from 0.92% as of March 31, 2
Posted Date :  04-05-24

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Ujjivan Small Finance Bank Limited (Ujjivan SFB) announced the receipt of RBI approval for the appointment of Mr. Sanjeev Nautiyal as its Managing Director & CEO from July 1, 2024, for three years. He will join the Bank much before his taking charge as the MD&CEO and be designated as the Pre
Posted Date :  04-05-24

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Smt. Pratibha Aggarwal has been appointed as the General Manager of Ircon International w.e.f from 1st May 2024. Brief profile - Smt. Pratibha Agarwal is a B.Com (Hons.) from Delhi University and a fellow member of the Institute of Company Secretaries of India. She is also a Law graduate. She pos
Posted Date :  04-05-24

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According to the exchange filing made by the company,  it has been informed that Rec Ltd has received "No Objection Certificate" from the Reserve Bank of India (RBI) for setting up a wholly owned subsidiary in International Financial Services Centre (IFSC), Gujarat International Finan
Posted Date :  04-05-24

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