Month: September 2021

SPO India Chunav Manch: CM Adityanath to Akhilesh Yadav, full list of leaders who will speak their mind out

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SPO India Chunav Manch, is once again set up to talk about what can be the electoral equations in UP, what is the situation of parties in UP and many more….Ahead of the crucial 2022 Uttar Pradesh Assembly polls, to be held in early next year, the politically most crucial state has begun witnessing the gradual build-up of the election scene and raking up of political dust. UP elections 2022 is being seen as the mother of all battles ahead of the 2024 Lok Sabha Elections. SPO India Chunav Manch,…

Piramal pays Rs 38,000 crore to acquire DHFL

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In a historic deal in Indian financial services sector, it is the most successful resolution under the Insolvency and Bankruptcy Code (IBC) and this is also the largest in terms of value. Whereas, Ninety four per cent of the creditors gave the plan the go ahead. Piramal Enterprises on September 29 announced that it has acquired Dewan Housing Finance Corporation (DHFL) by paying the latter’s creditors Rs 38,000 crore. This includes Rs 34,250 crore to be paid by Piramal Capital and Housing Finance (PCHFL) in cash and non-convertible debentures, and Rs 3,800…

NTPC REL Signs First Green Term Loan

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NTPC Renewable Energy ltd (REL) a 100 per cent subsidiary of NTPC ltd, has signed its first Green Term Loan agreement of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India on 29th September 2021 for its 470 MW Solar Projects in Rajasthan & 200 MW Solar Project in Gujarat. NTPC REL currently has renewable project portfolio of 3,450 MW of which 820 MW projects are under construction and 2,630 MW projects been won for which PPAs are pending to be executed.

Chinese troops transgressed into Indian Territory in Uttarakhand in August: Report

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According to a report published by Economic Times, more than 100 Chinese troops have transgressed into Indian Territory on August 30 through the border point at Barahoti ridge in Uttarakhand. The newspaper reported the news by citing unidentified government and security officials. The report stated that the troops entered more than 5 kilometres into the Indian Territory by crossing the Tun Jun La in the area. The government is yet to give an official statement on the matter. The Chinese soldiers also happened to damaged some infrastructure in the area,…

PM to also lay foundation stone of four new medical colleges in Rajasthan

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Prime Minister Shri Narendra Modi will inaugurate CIPET: Institute of Petrochemicals Technology, Jaipur and also lay the foundation stone of four new medical colleges in Banswara, Sirohi, Hanumangarh & Dausa districts of Rajasthan on 30th September 2021 at 11 AM via video-conferencing. These Medical Colleges have been sanctioned under the Centrally Sponsored Scheme for “Establishment of new medical colleges attached with district/ referral hospitals”. Preference to set up medical colleges is given to underserved, backward and Aspirational Districts. Under three phases of the Scheme, 157 new medical colleges have been…

Union Minister Dr Jitendra Singh says, Government will be setting up Science Museums across the country

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Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh today said that the Government will be setting up Science Museums across the country to promote scientific temper, particularly among children and the younger generation. Dr Jitendra Singh was speaking after signing of a MoU between Council of Scientific and Industrial Research (CSIR) and National Council of Science Museums (NCSM) in the presence of Shri G. Kishan Reddy, Union Minister of…

PM chairs 38th PRAGATI Meeting

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Prime Minister Shri Narendra Modi today chaired the 38th PRAGATI meeting, the ICT based multi-modal platform for Pro-Active Governance and Timely Implementation, involving Centre and State governments. In the meeting, eight projects were reviewed. Four of these projects were from the Ministry of Railways, two from the Ministry of Power and one each from Ministry of Road Transport & Highways and Ministry of Civil Aviation. Having a cumulative cost of around Rs 50,000 crore, the projects pertain to seven states viz. Odisha, Andhra Pradesh, Bihar, Jharkhand, Madhya Pradesh, Maharashtra and…

Fumio Kishida secures win to become Japan’s next prime minister

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Fumio Kishida is all set to become the next prime minister as he won the race to lead Japan’s ruling Liberal Democratic Party (LDP). He will succeed Yoshihide Suga, who decided to step down after just one year in office. Suga decided to step down as prime minister due to plummeting poll ratings caused by the handling of the pandemic. Kishida’s first mission as prime minister will be to lead the LDP to victory in the upcoming general election. The party’s popularity fell after it pushed to host the Tokyo…

IBBI to celebrate its 5th Annual Day on 1st Oct. 2021

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The Insolvency & Bankruptcy Board of India (IBBI) will celebrate its 5th Annual Day on 1st October, 2021. Dr. Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister, Shri Narendra Modi, will grace the occasion as the Chief Guest and will deliver the Annual Day Lecture on “From No Exit to Easy Exit ‐ A Case Study of IBC”. Shri Rajesh Verma, Secretary, Ministry of Corporate Affairs and Dr. Krishnamurthy Subramanian, Chief Economic Adviser, Ministry of Finance, will join as Guests of Honour. To mark the occasion, an annual publication, “Quinquennial of…