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Tata Power to manage power distribution in Central Odisha from 1st June onwards

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~Tata Power Holds 51 percent equity along with 49% by Government of Odisha~ ~Retains all the existing employees of CESU; Successful PPP model in Power Sector~ Bhubaneswar:1/6/20: Tata Power, India’s largest integrated power utility, today, announced that it has taken over the management of CESU, after receiving the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for ...

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G R Chintala has taken charge as the chairman of NABARD

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Newdelhi:27/5/20: G R Chintala has taken charge as the chairman of National Bank for Agriculture and Rural Development (NABARD), the apex agri-finance institution said on Wednesday. Chintala replaces H K Bhanwala, who headed the organisation for more than six years. Prior to this posting, Chintala was managing director of NABARD Financial Services (NABFINS), a subsidiary of NABARD headquartered in Bengaluru, ...

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Tata Steel BSL has introduced 6 Electric Cars in its fleet of vehicles

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Narendrapur, May 27, 2020: As part of its drive to promote clean energy, Tata Steel BSL has introduced 6 Electric Cars in its fleet of vehicles at its plant in Dhenkanal district of Odisha. These Tata Tigor EV cars by Tata Motors are the first electric cars to be registered for commercial use in the state. Dr. Anup Mallick, Regional ...

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NTPC in pact with ONGC to set up Joint Venture Company for Renewable Energy Business

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Newdelhi:22/5/20:NTPC Ltd. , the PSU under Ministry of Power and Oil and Natural Gas Corporation Limited (ONGC), the PSU under Ministry of Petroleum &Natural Gas, have signed a Memorandum of Understanding (MoU) to set up a Joint Venture Company for Renewable Energy business. The MoU will enable both companies to accelerate their footprint in Renewable Energy. The MoU was signed ...

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Central Warehouse Corporation achieves highest ever turnover of about Rs.1710 Crore

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New Delhi:22/5/20: The Central Warehouse Corporation (CWC) achieved highest ever turnover of about Rs.1710 Crore during 2019-20.The Managing Director of CWC, Shri Arun Kumar Shrivasatavahanded over the Dividend Cheque of Rs 35.77 crore to the Union Minister for Consumer Affairs, Food and Public Distribution Shri Ram Vilas Paswan here today in the presence of Secretary, Food & Public Distribution, Shri ...

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Japanese companies invited to invest in Indian Pharmaceutical and Medical Devices industry

The Secretary, Pharmaceuticals, Dr. P.D. Vaghela holding a video conference with the Japanese Medicine Manufacturers, in New Delhi on May 22, 2020.

Newdelhi:22/5/20:A webinar on ‘Medical Devices and API sector: Challenges & Emerging Opportunities’ was held on 22nd May 2020 at 11.30 am for business and trade collaboration between India and Japan in the post-COVID-19 scenario. The webinar was organized by the Embassy of India, Tokyo in partnership with the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Govt. of India. Mr. Sanjay Kumar ...

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CCI approves acquisition of Emami Cement Limited by Nuvoco Vistas Corporation Limited

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New Delhi: 21/5/20:The Competition Commission of India (CCI) approves acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited, on a fully diluted basis, by Nuvoco Vistas Corporation Limited The proposed combination pertains to the acquisition of 100% of the total issued and paid up share capital of Emami Cement Limited (“ECL”), on a ...

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JSPL’s chairman Naveen Jindal appreciated Government of India’s focus to build self-reliant India.

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New Delhi / Bhubaneswar, 17/05/2020: Welcoming the economic reform measures announced by Union Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur, Chairman of Jindal Steel & Power Ltd (JSPL) Naveen Jindal appreciated Government of India’s focus to build self-reliant India. “These well thought out reforms reflect that the Government is well abreast of ground realities. These measures will help ...

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India calls upon the G-20 nations to ensure access to essential medicines, treatments and vaccines at affordable prices

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Newdelhi:14/5/20: India has called upon the G-20 nations to ensure access to essential medicines, treatments and vaccines at affordable prices. In his Interventions during the 2nd G20 Virtual Trade & Investment Ministers Meeting, held through Video-conferencing, the Commerce and Industry Minister Shri Piyush Goyal asked the G20 members to first focus on immediate and concrete actions that can ease the distress ...

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Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs

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  Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed MSMEs Rs 50,000 crore equity infusion through MSME Fund of Funds New Definition of MSME and other Measures for MSME No Global tenders for Government tenders of uptoRs 200 crore Extending the Employees Provident Fund Support for business and organised ...

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