Tata Motors

EV focus, improved free cash flow, and debt reduction to be major drivers

Brokerages put medal to metal on Tata Motors stock, maintain bullish stance

Business Standard

Vote, elections, MCD polls

The Municipal Corporation of Delhi's standing committee will have three members each from the AAP and the BJP as the results of the poll held on February 24 to elect members of the key panel were declared on Thursday.
The results were declared days after the Delhi High Court set aside the decision of Mayor Shelly Oberoi to call for a repoll and directed her to declare forthwith the results of the poll.
Oberoi said following the court order, the result of the election for members of the standing committee has been declared.
"The AAP government of the Municipal Corporation of Delhi (MCD) is committed to form committees as soon as possible," she said.
The names of the elected councillors were announced during a meeting of the civic body's House, according to an MCD notification.
Mohd Aamil Malik, Mohini and Raminder Kaur from the Aam Aadmi Party (AAP) and Kamaljeet Sehrawat, Gajender Singh Daral and Pankaj Luthra from the Bharatiya Janata Party (BJP) are the six councillors who have 

The Municipal Corporation of Delhi's standing committee will have three members each from the AAP and the BJP as the results of the poll held on February 24 to elect members of the key panel were declared on Thursday.

MCD poll: AAP, BJP get 3 seats each in standing committee, after HC verdict

Press Trust of India

Livpure registers closer to 50 per cent growth for FY 23; eyes 2.5X growth in the next couple of years

New Delhi [India], June 8: Livpure, one of India's leading brands in home and living consumer products, has registered an annual growth of closer to 50 per cent in the fiscal year 2022-23. The company, which has been instrumental in transforming water purification solution services, has now committed to doubling its retail presence for the fiscal year 2023-24. 

ANI Press Release

rupee, loan, indian rupee

The Delhi High Court has allowed the Centre to release funds to enable the participation of the Indian team in the upcoming Special Olympics World Games, 2023, modifying a 2022 order barring the government from providing assistance to sports federations not compliant with laws governing sports administration.
The court passed the order after the Centre said it was finding it difficult to release money to facilitate the participation of athletes in the Special Olympiad in view of its earlier direction.
The government told the court that it had granted permission on earlier occasions to release funds to help Indian teams participate in various sporting events.
"In view of the above, this Court is inclined to permit the Union of India to release money for travel expenses, accommodation, etc. for the participation of Indian team in Special Olympics World Games, 2023," said a bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad in an order passed on June 2.
Specia

The Delhi High Court has allowed the Centre to release funds to enable the participation of the Indian team in the upcoming Special Olympics World Games, 2023, modifying a 2022 order barring the government from providing assistance to sports federations not compliant with laws governing sports administration.

Delhi HC permits govt to release funds for Indian team for Special Olympics

Ajooni Biotech Ltd eyes additional revenue of Rs 200 crore and expects 20 per cent margin from Moringa Project

Mumbai (Maharashtra) [India], June 8: Ajooni Biotech Ltd - One of the leading companies in the animal healthcare solutions and animal feed supplements is eyeing additional revenues of around Rs 200 crore from the Moringa farming project in Rajasthan over the next 7 years. Moringa farming project is expected to produce Moringa-mash, bio-coal, oil, carbon credits and seed cake and expected the generate profit margins of approx. 20 per cent. Moringa project is aimed at improving animal productivity, reducing global warming and enhancing farmer's income.

Reserve Bank of India, RBI

The six-member monetary policy committee unanimously decided to keep the policy repo rate at 6.5 per cent

Focus back on primary target: Inflation at 4%; 10-yr bond yield up 4 bps

Stampede Capital Ltd (SCAP DVR) receives in-principle approval to explore merger, acquisition for restructuring the business of WEXL Edu Private Limited

Mumbai (Maharashtra) [India], June 8: Stampede Capital Ltd (SCAP DVR) - Financial Consultancy firm has received in-principal approval to explore appropriate options including merger, acquisition, or other suitable options of arrangement for restructuring the business of WEXL Edu Private Limited in order to align with the long-term strategic objectives of the Company. Company had appointed PwC Business Consulting Services LLP in connection with the determination of equity value of WeXL Education Private Limited.

Global Skill Academy by 369Hub Ventures Revolutionizes Education sector with world-class courses in India, UAE  &amp;  USA

New Delhi [India], June 8: Good education is the basic need for students as we progress through an age that promotes careers and prospectus living. There is no question in how many students are searching for good education that promises them accreditations from around the world to elevate their standards, helping them make way into a well-read community. To imprint such an impact on students who are in perusal for higher education, Global Skill Academy, a strategic Ed-tech organization of the billion dollar venture 369Hub Ventures, provides all that one can ask for. 

Global Skill Academy by 369Hub Ventures Revolutionizes Education sector with world-class courses in India, UAE  &  USA

Hyundai Mobis launches #Pledgeforanticounterfeit, a Big Push to Fight Against Counterfeit on Anti-Counterfeit Day on June 8, 2023

Gurugram (Haryana) [India], June 8: Mobis India, a well-established entity in manufacturing high quality automotive parts, accessories and mobility solutions for Hyundai Motors in India has launched a weeklong campaign - #Pledgeforanticounterfeit on Anti-Counterfeit Day on June 8, 2023, to promote the use of genuine parts. This initiative is an alarming call for car owners, users, manufacturers, and stakeholders to avoid the use of nongenuine parts, which pose a huge threat to customer safety.

FAAB Invest launches India\'s First Agri-Investment Platform, Recognized with Spotlight Achievement Award at Global Business Line Summit 2023

New Delhi [India], June 8: In a bid to leverage the increasing digitization in India and bridge the gap between technology and finance, FAAB Invest has launched the country's first agri-investment platform. This pioneering initiative has garnered attention and acclaim, leading the company to receive the prestigious Spotlight Achievement Award at the Global Business Line Summit 2023. The award recognizes FAAB Invest's commendable efforts in sustainable agriculture through the use of technology.

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