The oldest exchange of the country faces winds against a level playing field between the exchanges of values, and is working towards the same. In an interview with the Business Line, the CEO and Managing Director of BSE, Sundaraman Ramamurthy, said that no price war or persecution of market participation is involving, but building internal efficiencies. Edited experiences: How is the EEB working to increase its market share in the derivative market share? Are you betting on product innovation, prices or a differentiated approach to market participants? More than others, I compete with myself. So it is an endless trip,…
Author: Daniel Reynolds
The project will generate 300 million electricity units clean annually and it is expected to compensate for more than 2 LAKH tons of CO₂ emissions every year. Tata Motors and Tata Power Renewable Energy Ltd (TPREL), a Tata Power subsidiary, have signed an energy purchase agreement (PPA) to jointly develop a 131 MW winding solar renewable energy project.The renewable energy hybrid wind will provide green energy to the six Tata Motors manufacturing facilities in Maharashtra and Gujarat, which supports the production of commercial and passenger vehicles. The project will generate 300 million electricity units clean annually and it is expected…
The diagnostic services to perform blood tests that helps the early detection of cancer fall from the periphery of the ‘health services’, has governed Maharashtra’s authority for advanced failure (alone). This means that this service will not be exempt from GST.Epigeneres Biotech Private Ltd had moved, but looking for an anticipated decision on whether the provision of diagnostic services would qualify for the exemption of GST. “Primary activity is the research and experimental development of prognosis and cancer diagnosis,” but said by dictating that it is not eligible for the benefit of exemption. The judicial body of Codornices observed that…
Nippon India Asset Management Company, one of the largest fund houses, has reported that the cyber attack on its website has been resolved and all its IT infrastructure is in operation.On April 10, the Fund House reported a cyber security incident on its website and the company had closed and isolated all its systems. From then on, he begged the restoration activity with the help of cyber security experts. On Monday, the company restored the central operating systems for fund management on the next business day.Subsequently, the restoration of the mobile application and the website were the tasks. “We would…
Prime Minister Narendra Modi welcomes the United States vice president, JD Vance, the second lady Usha Vance and her children Ewan, Vivek and Mirabel to their official residence 7, Lok Kalyan Marg, in New Delhi on Monday | Photo credit: ANI The vice president of the United States, JD Vance, and Prime Minister Narendra Modi discussed the progress in the conversations and efforts of the Bilateral Agreement in the course of India-United States to improve cooperation in energy, defense and strategic technologies in their meeting in New Delhi on Monday.Vance is in India on an official four -day visit with…
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At the national level, the profits of the rupee are backed by healthy capital flows, an improved feeling in the local bond markets and the expectations of a stable RBI policy position | Photo credit: Vivek Prakash The UPEE touched a maximum of four months on Monday in the entries related to the FPI in domestic capital markets, which increased in good corporate profits, and a weak dollar, even as a 10-year reference security performance (G-SEC) in the midst of excessive liquidity. The rupee, which opened around 22 stronger lands, closed 24 lands to 85,1275 per dollar compared to the…
On April 15, Hardep Singh Puri, Minister of Petroleum and Natural Gas, said “the Indian hydrocarbons sector is entering a new era or exploration and accelerated development.” He said while heading to the open surface license policy (OALP) Round-IX and a special ceremony with a discovered small field firm (DSF).He stressed that through friendly reforms with investors, rapid approvals, scientific exploration and a strong emphasis on sustainability, India is constantly building an ecosystem of resistant energy and prepared for the aligned future. Yes, the Indian hydrocarbons space has seen a change in politics with changing times, but the results have…
The Bank of the Reserve of India (RBI) has issued new guidelines that allow minors to open and operate savings and term deposit accounts, either independently or with a tutor. “Catch Deposits Young” seems to be the RBI message to the banks, based on their last circular with respect to the opening and operation of deposit accounts for minors.This circular, which establishes that minors of anyone can open and operate savings and term deposit accounts through their natural or legal guardian, comes in the context of the growth of deposits behind Cedit’s growth in the banking system in the banking…
The National Horticulture Board (NHB) has published revised compound guidelines of the Cluster Development Program to address challenges such as high losses after harvesting, inadequate infrastructure of the supply chain and price fluctuation in national markets. He has also invited an expression of interest (EOI) to appoint implementing agencies for the Cluster Development Program.The selected agencies will be responsible for the development of both horticulture groups of multiple products of high -value components and groups of peri -urban vegetables, NHB said in the EOI document.NHB had designed and implemented a pilot program in 2021 for horticulture crops and, according to…