Page 306 - Bs Reporter

Govt asks 4 states, which account for 59% of active cases, to check surge

Maharashtra, Kerala, Chhattisgarh and West Bengal have been asked to take prompt steps o curb recent spike in Covid-19 cases

Tata Motors to re-launch flagship SUV Safari in a new avatar this month

The new Safari has been designed and developed to appeal to the new age SUV customers

Sale of over Rs 50L homes account for 57% of total home sales in H2 2020

During 2020, while unsold inventory levels improved, sluggish sales velocity in the middle of 2020 saw quarters taken to sell rise to an average of 10.1 quarters

Govt ready to roll out vaccine within 10 days of emergency nod: Health secy

Health personnel succh as doctors and nurses and frontline workers such as police personnel, home guards won't have to register themselves online to get the vaccine

RBI starts LEI for large value transactions in centralised payment systems

Legal entity identifier will apply to all RTGS and NEFT transactions of Rs 50 cr and above; LEI is a 20-digit number used to uniquely identify parties to financial transactions worldwide

Hero Future Energies appoints Srivatsan Iyer as the new global CEO

Iyer will replace Sunil Jain, who has been with HFE since its inception in 2012 and will retire this month

Vivek Singh appointed OSD to FM Sitharaman for a period of 4 years

Currently, Singh is serving as additional private secretary to the finance minister

Irdai maintains 5% obligatory cession to GIC Re in FY21, fixes commission

Obligatory cession is the part of the business, or premium, that general insurers are required to cede on every policy sold to GIC Re

The sun has just risen: PM Narendra Modi writes poem for 2021

The poem is titled Abhi Toh Suraj Uga Hai (The Sun Has Just Risen), and the poem features the prime minister, soldiers, medical staff, and farmers

Soma Mondal takes over from Anil Kumar Chaudhary as SAIL Chairman

In a company statement, Mondal said that the first target is to improve the financial performance of SAIL

Can NCLAT reinstate Cyrus Mistry as chairman of Tata Sons? Asks CJI

The NCLAT perhaps wanted Mistry to continue as chairman of Tata Sons, the CJI remarked

Embassy Office Parks REIT to float QIP, may raise up to $600 million

Floor price of Rs 348.38 per unit approved

Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe

Mrs Bector IPO subscribed 3.72 times on Day-1 on strong retail interest

The company on Monday allotted shares worth Rs 162 cr to anchor investors Goldman Sachs India, SBI MF, Bajaj Allianz Life Insurance, among others

CII says farmers' blockade likely to impact India's economic recovery

In a statement, the apex industry body said around two-thirds of consignments in transit are taking 50 percent extra time to reach destination in Punjab, Haryana, Rajasthan and Delhi-NCR

Major toll plazas in Mumbai now on FASTag platform, Dahisar to go live soon

Currently, more than 720 toll plazas across the country are live on the FASTag platform

Govt successfully prunes stake in IRCTC by 20% as OFS sails through

Retail investors lapped up all the shares in the offer a day after institutional investor portion was subscribed 1.34 times

Circulating newspaper PDFs illegal via social media, hurts journalism: INS

Industry body of newspaper media outlets says the practice, which gained steam following lockdown, is in total violation of IPR and is also a threat to society

NSE to launch derivatives contracts on Nifty Financial Services index

The financial stocks have the biggest sectoral weight in the domestic stock markets

ICICI Securities OFS subscribed 4.4 times on heavy institutional interest

Another 712,141 shares meant for retail investors will be auctioned on Thursday. Floor price set at Rs 440 a share