Business

Business

SBI launches Aarogyam Healthcare Business Loan

Kolkata, To provide enhanced support to the healthcare sector in India amid the pandemic, the State Bank of India has launched the Aarogyam Healthcare Business Loan. Under this new product, entire healthcare ecosystem such as Hospitals, Nursing homes, Diagnostic centres, Pathology labs, Manufacturers, Suppliers, Importers, Logistic firms engaged in critical healthcare supply can avail of …

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Ambani Promises to Put ‘India’ on World Solar Map; to Invest Rs 75,000 Cr

Reliance Industries, India’s most valuable company has made several announcements across its telecom, retail and oil-to-chemicals business during RIL AGM.  “As one of the biggest energy markets in the world, India will play a leading role in transforming the global energy landscape,” said Mukesh Ambani. Reliance Foundation launched five missions to fight Covid-19 – Mission Oxygen, Mission COVID …

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Tata Motors collaborates with Kotak Mahindra Prime to offer three financing solutions for its passenger vehicle customers

Kolkata, In an effort to make its safest range of passenger vehicles more accessible in these challenging times, Tata Motors in association with Kotak Mahindra Prime Ltd., one of the leading car finance companies in India, has announced three exciting financing solutions: the Red Carpet, the Prime Vishwas and the Low EMI schemes for urban …

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ShareChat earmarks $19.1 million for its first ESOP buyback

Kolkata, Mohalla Tech, the parent company behind India’s undisputed market leader in short video app Moj and Indic language social media platform ShareChat, has announced its first ESOP buyback program worth $19.1 million (approx. Rs. 140 crores). This comes after the company recently raised over $500 million, taking its valuation to $2.1 billion. With Moj …

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SBI General Insurance enters into bancassurance tie-up with IDFC FIRST Bank

Mumbai, SBI General Insurance, one of the leading General Insurance companies in India, has signed a Corporate Agency agreement with IDFC FIRST Bank, for distribution of non-life insurance solutions. Under this strategic agreement, SBI General Insurance will offer insurance products such as Health, Personal Accident, Home, Motor and Travel along with the commercial line of …

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NHPC signs MOU with BSHPC for Implementation of 130.1 MW Dagmara HE Project

A Memorandum of Understanding (MoU) has been signed between NHPC Limited and Bihar State Hydroelectric Power Corporation Limited (BSHPC) for Implementation of 130.1 MW Dagmara HE Project, Dist. Supaul, Bihar on 14th June 2021 through Video Conferencing. The MOU was signed and exchanged by the signatories in the august presence of Mr. R.K. Singh, Hon’ble …

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Haryana govt decides to notify scheme for reimbursement of GST

Chandigarh:  In view of the emergent situation arising on account of the Covid-19 pandemic, Haryana Government has decided to notify the scheme for reimbursement of GST (including State, Centre and IGST) on COVID related items. This scheme shall remain in force up to and inclusive of June 30, 2021. The Excise and Taxation Department being …

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Centre relaxes electronic filing of Income Tax forms

In view of the difficulties reported by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the portal www.incometax.gov.in, it has been decided that taxpayers can submit the aforesaid Forms in manual format to the authorized dealers till June 30th, 2021. The Finance Ministry said that authorized dealers are advised to accept such Forms …

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Telangana AI Mission launches ‘Revv Up’ accelerator program for AI Startups.

Hyderabad, Telangana AI Mission (T-AIM) announced the launch of the accelerator program ‘Revv Up’ that will enable and empower AI startups. As part of “2020 Year of AI” initiative, Telangana Government launched T-AIM powered by NASSCOM with a vision to develop the state as a global hub for Artificial Intelligence (AI) and leverage it for …

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