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Pennar Industries bags orders worth Rs 302 crore

India, Dec. 6 -- Pennar Industries Limited, a leading value-added engineering products and solutions company, today announced that it has bagged orders worth INR 302 crore across its business vertical... Read More


15th Finance Commission submits its report for 2020-21 to President

India, Dec. 6 -- The Finance Commission submitted its report for the financial year 2020-21 to President Ram Nath Kovind on Thursday. The Commission headed by N K Singh apprised the President of the ... Read More


Govt's e-marketplace can achieve Rs 5-trn business in under 5 years: Goyal

India, Dec. 6 -- The target of Rs 5 trillion business through government's e-marketplace GeM is achievable in less than five years given the huge amount of procurement done via the platform, Commerce ... Read More


Base year for calculating GDP revised due to socio-economic changes: Govt

India, Dec. 6 -- The government on Thursday said base year for calculating gross domestic product was changed to 2011-12 due to a change in the socio-economic environment of the country. In a reply t... Read More


RBI unexpectedly hits pause on rate cut; lowers FY20 GDP forecast to 5%

India, Dec. 6 -- The Reserve Bank of India on Thursday unexpectedly hit a pause button on cutting interest rate as it gave more importance to prevailing inflation pressure and rising food prices over ... Read More


RBL Bank has submitted to BSE the Shareholding Pattern for the Period Ended December 06, 2019

India, Dec. 6 -- As of December 2019, 100.00% owned by Public. Institutional holds 52.73% (Foreign Portfolio Investors 21.98%, Financial Institutions 1.26%, Insurance Companies 4.84% and Mutual Funds... Read More


Capital Trade Links has submitted to BSE the Shareholding Pattern for the Period Ended December 05, 2019

India, Dec. 6 -- As of December 2019, 41.61% is owned by Indian Promoters and 58.39% by Public. Top five Promoters holding highest number of shares of Capital Trade Links company are Krishan Kumar & ... Read More


RBL Bank raises Rs 2,025 cr through QIP

India, Dec. 6 -- RBL Bank on Friday said it has raised Rs 2,025.27 crore from institutional investors through a qualified institutional placement offering (QIP) and will utilise the proceeds to fund b... Read More


Welspun promoters acquire majority stake in warehousing firm One Industrial Space

India, Dec. 6 -- Welspun group promoters have acquired a majority stake in One Industrial Space, which is into development of warehousing space, in their personal capacities. One Industrial Space, wh... Read More


Rs 36,000 cr disbursed to farmers under PM-KISAN

India, Dec. 6 -- The Centre has so far disbursed around Rs 36,000 crore to beneficiaries under PM-KISAN programme that aims to boost farmers' income, Parliament was informed on Friday. Under the Prad... Read More