SBI Disburses Rs. 1.12 Lakh Crore Home Loans Until January FY22
SBI (State Bank Of India): The Bank has disbursed 1.12 Lakh Crore loans until January before the FY22 ends. The bank records the highest number of loans in this financial year and crosses pre-COVID records as the demand for housing in the hinterland surged. This is a 20% growth over the corresponding period in FY21. …
John David
SJVN Plans to Install 10,000 Solar Projects in Rajasthan
SJVN, Satluj Jal Vidyut Nigam, is looking to develop 10,000 MW solar projects, with the investment of 50,000 Cr. in the next five years in Rajasthan. The company has submitted the Letter of Intent (LoI) to the Government of Rajasthan. According to the reports, the government has accepted the proposal, and MoU will shortly sign…
Trident Appoints Pooja B Luthra as Group Chief HR Officer
Trident, a home textile company, has appointed Pooja B Luthra as Group Chief Human Resource Officer. Pooja did her Post Graduation in Global Business Operations from Shri Ram College of Commerce and Masters in Organisational Psychology from the Chicago School of Professional Psychology. Luthra has two decades of experience in leadership. In her extensive career,…
IISc Commissions Param Pravega: Country’s Most Powerful Supercomputer
The national supercomputing mission (NSM) has launched one of the most powerful supercomputers in India. The computer is designed by the C-DAC ( Centre for Development of Advanced Computing). The software development and components of the supercomputer are manufactured and assembled in India itself. The supercomputer is named Param Pavega. Param Parvega is commissioned in…
India Boycott Beijing Winter Olympics Over Galwan Attack
The Chinese government on Wednesday shared an image of one of its Regiment commanders of the People’s Liberation Army as a torchbearer during an Olympic relay. According to the reports, this person was involved in the Galwan attack on India by China. In effect, on Thursday, India said that their envoy, Acquino Vimal in Beijing,…
“Digital Money Will Bring New Opportunities”─ Says PM Modi
PM Modi on Wednesday said that Digital Money would Make Online Payments More Secure and Risk-free and Boost Digital Economy in the Coming Years. Prime Minister Narendra Modi on Wednesday made a strong pitch on digital currency launched by RBI. According to PM, the digital rupee, proposed in the Union Budget 2022-23, can be exchanged…
From Launching Digital Currency to Boosting Infra – Big Takeaways from Union Budget 2022-23
On Tuesday, finance minister Nirmala Sitaraman put forward the union budget 2022-23 in the Parliament. It is a budget worth Rs 39.45 lakh crore that prioritises investing massively in infrastructure. From developing 400 new Vande Bharat trains to the highway network extension, the government focuses on job creation and pushing the economy further. However, the…
Approves Tata Steel’s Bid to Acquire 93.71% Equity in NINL
The Government on Monday has approved the highest bid of Tata Steel Long Products Limited for acquiring 93.71% equity in Neelachal Ispat Nigam Ltd (NINL), a joint venture of 4 CPSEs ─ MMTC, NMDC, BHEL, MECON, and 2 Odisha Government-owned companies ─ OMC and IPICOL. This is a combined decision of three Ministers ─ Transport…
Manyavar, Owner of Vedant Fashion Ltd., Float IPO Next Week
Kolkata-based fashion Ltd, the owner of ethnic wear brands, Manyavar, Mohey and Mebaz, will hit Dalal Street next week with its initial public offering (IPO). The subscription for the public issue will last for four days, starting from February 4 and lasting on February 8. Anchor investment will be able to bid on February 3. …
Yellow.ai Appointed Neeru Mehta as First Chief HR Officer
Yellow.ai, an experience (TX) automation platform, has announced Neeru Mehta as its first chief human resource officer, CHRO, on Tuesday. The company aims to expand its plan globally and hire talent across verticals with this new member in the company. In her new role, Mehta will be responsible for strengthening the employer branding and people…
