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Fuel supply by Coal India to power sector rises 11 per cent in August 2021
NEW DELHI: Fuel supply by state-owned Coal India Ltd to the power sector rose by 11.4 per cent to 38.61 million tonnes last month, official data showed. The development assumes significance in the wake of thermal power plants in the country…
ICICI Prudential Life Insurance in discussion for onboarding Account Aggregator system: Official
NEW DELHI: ICICI Prudential Life Insurance Company Ltd (ICICI Pru Life) is in discussion for onboarding the Account Aggregator system, a financial data sharing platform to be regulated by the Reserve Bank.
Earlier this month, the…
Confident that LIC listing should happen by fourth quarter of this year: Chief Economic Adviser
HYDERABAD: Chief Economic Adviser Krishnamurthy Subramanian on Saturday expressed confidence that the listing of LIC would happen by the fourth quarter of this year.
"...this year's budget has Rs 1.75 lakh crores as the proceeds from…
Market valuation of top-10 valued firms jumps over Rs 1.56 lakh crore
NEW DELHI: The top 10 valued firms added a total Rs 1,56,317.17 crore to their market valuation last week, helped by across the board rally which catapulted the benchmark index Sensex to the record 60,000 mark for the first time.
During…
Reliance Infrastructure to raise Rs 750 crore via foreign currency convertible bonds
NEW DELHI: Reliance Infrastructure on Saturday said its board has approved raising up to Rs 750 crore by issuing foreign currency convertible bonds (FCCBs) on a private placement basis. Reliance Infrastructure in a BSE filing also said that…
How Do I Know When to Change My Brake Pads and Rotors?
Squeaks, squeals and metal-to-metal grinding noises are typical signs you’re past due for new brake pads or rotors. Other signs include longer stopping distances and more pedal travel before you feel significant braking force. If it’s been…
Finance to upgrade, World Bank offers plan for Railway expansion
The World Bank has outlined the role it can play as India looks to fund its ambitious National Rail Plan over the next 30 years, which envisages almost 8,000 km of high-speed corridors and another 8,000 km of dedicated freight corridors…
Piaggio’s India arm sets up first EV facility in Chennai
MUMBAI: Italy-headquartered Piaggio Group's Indian subsidiary Piaggio Vehicles Pvt Ltd has set up its first EV outlet in Chennai, which is first-of-its-kind facility in Tamil Nadu, the company said on Saturday.
Inaugurated by Minister…
Government to focus on digitisation of 98,000 agriculture cooperatives for digital lending
NEW DELHI: The government will focus on digitisation and modernisation of about 98,000 primary agriculture cooperatives (PACs) to ensure digital lending, said Devendra Kumar Singh, Secretary, Ministry of Cooperation, on Saturday.
He was…
IndiGo says no direction to company in arbitration award related to promoters’ feud
NEW DELHI: The London Court of International Arbitration has given the final arbitration award in the matter related to the spat between IndiGo promoters, Rahul Bhatia and Rakesh Gangwal, and no directions have been issued to InterGlobe…
One-third of employees feel disconnected with leadership in post-COVID world: Report
MUMBAI: With the new normal after the Covid-19 completely changing the work culture across the world, a report has revealed that one-third of employees interviewed across the world feel disconnected from their leaders as interactions…
How to: Get Rid of Tree Sap on Your Car
“The concentration of sap generally varies, so it is difficult to say what the short-term effects would be, but it will certainly cause paint damage if left untreated for a longer period of time,” says Leonard Raykinsteen, a paint material…
Ford India head quits; Radhakrishnan appointed new transformation officer
NEW DELHI: Ford Motor’s India head Anurag Mehrotra is leaving the company to pursue other career opportunities. According to Reuters, September 30 will be Mehrotra’s last day. His exit from Ford comes days after the US carmaker had…
Rural demand expected to get Rs 10,700 crore boost from bumper crops: Report
MUMBAI: Rural demand is expected to get around Rs 11,000-crore boost from the record kharif harvest along with the marginal hike in minimum support price, according to a report by Care Ratings.
The agriculture ministry projects a good…
RBI issues Master Direction on loan transfer
MUMBAI: The Reserve Bank on Friday, September 24, 2021, issued Master Direction on loan transfer, requiring banks and other lending institutions to have a comprehensive board-approved policy for such transactions.
Loan transfers are…
Net direct tax mop-up grows 74% at Rs 5.70 lakh crore so far this fiscal
NEW DELHI: Net direct tax collection grew 74.4 per cent to Rs 5.70 lakh crore between April 1 to September 22 this fiscal, the Finance Ministry said on Friday, September 24, 2021.
The net direct tax collection of Rs 5,70,568 crore after…
Five firms in race to be transaction advisor for RINL sale
NEW DELHI: As many as five firms, including Ernst & Young LLP and SBI Capital Markets, are in the race to act as a transaction advisor for the government's 100 per cent stake sale in RINL.
As per a notice on the DIPAM website,…
How Often Should Tires/Wheels Be Balanced?
That is why when new tires are mounted on wheels, mechanics spin-balance them to detect and eliminate vibrations before mounting them on the car. Some vibrations can be eliminated by rotating the tire on the wheel so the heavy or high spot…
How Long Do Tires Last?
Driving a car whose wheels are out of alignment will lower your tire’s lifespan, as will driving for extended periods on tires below their recommended pressure. (The latter practice also costs gas mileage.) If your vehicle maintenance…
Telangana demands early central nod for livestock, fisheries projects worth Rs 698.27 crore
NEW DELHI: Telangana Animal Husbandry and Fisheries Minister T Srinivas Yadav on Wednesday demanded early approval of projects worth Rs 698.27 crore in a meeting with Union Minister Parshottam Rupala at Krishi Bhawan here.
The state…
