At the St. Xavier’s College Ground in Thumba, Thiruvananthapuram, Kerala’s Jalaj Saxena got six wickets (6/75) in Chhattisgarh’s second innings to finish with a match haul of 11/123. After dismissing Chhattisgarh for 287 runs, Kerala will chase 126 runs to win on Day 4. Harpreet Singh Bhatia, the captain of … Read more
Author: Editor The Business Daily
Cong income through electoral trusts less than TRS, SP, AAP, YSRC; BJP got 72% donations: ADR report
The BJP received Rs 351.50 crore or 72.17 per cent of the total donations made to political parties by Electoral Trusts in 2021-’22, while the Congress received less than the TRS, Samajwadi Party, AAP and the YSR Congress, according to data released by the Association for Democratic Reforms (ADR) Thursday. … Read more
Reliance to buy 51% stake in Lotus Chocolate for Rs 74 crore
Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Retail Ventures Limited, said on Thursday it will acquire a 51% controlling stake in Lotus Chocolate. On Thursday, definitive agreements were signed by RCPL, Lotus Chocolate Company Limited, Prakash P Pai, Ananth P Pai, and other members of the present … Read more
IRB Infrastructure Developers’ SPV raises Rs 700 crore
IRB Infrastructure Developers on Thursday said its special purpose vehicle — Udaipur Tollway Limited — has raised Rs 700 crore through the issuance of redeemable non-convertible debentures on a private placement basis. According to a statement, the Special Purpose Vehicle (SPV) will use proceeds to refinance the existing project debts. … Read more
Gamers Rejoice: Esports now officially recognized as a sport in India
In a big move, The Government of India has officially recognised ‘E-Sports’ (Electronic Sports) as a part of Multi-sports events. The Department of Sports under the Ministry of Youth Affairs and Sports will take E-Sports. Meanwhile, ‘Online Gaming’ will be under MEITY (Ministry of Electronics and Information Technology). Indian Esports Industry has been … Read more
Cotton University signs MoU with Dr. B Borooah Cancer Institute
In a bid to initiate and strengthen training and research in areas relating to cancer and other allied medical disciplines, Cotton University signed a Memorandum of Understanding (MoU) with Dr. Bhubaneswar Borooah Cancer Institute (BBCI) here in Guwahati on Wednesday. The memorandum envisages exchange in research through joint and twin … Read more
DICGC settles claims worth Rs 8,516 crore in FY22
The Deposit Insurance and Credit Guarantee Corporation (DICGC) settled claims of Rs 8,516.6 crore in the last financial year and the bulk of them was from customers of the Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank said on Tuesday. An amount of Rs 3,791.6 crore was provided to … Read more
TimesPro, IIM Visakhapatnam collaborate to launch Executive Certificate Programme in Advanced Strategic Management
TimesPro and the Indian Institute of Management Visakhapatnam have launched the Executive Certificate Programme in Advanced Strategic Management to build learner competencies in developing and executing strategies that help strengthen organisational communication and mitigate risks. The 12-month Executive Certificate Programme in Advanced Strategic Management will empower working professionals to analyse environmental … Read more
Housing Sales in Top 7 Cities Scale New Peak in 2022, Breach Previous high of 2014 – ANAROCK
Approx. 3,64,900 units sold in 2022 against 2,36,500 units in 2021 across the top 7 cities, rising by 54% yearly; the last peak was seen in 2014 when 3.43 lakh units were sold MMR records the highest sales of approx. 1,09,700 units in 2022, followed by NCR with approx. 63,700 units … Read more