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Archive for May 2020

SCOPE hails the impetus to Businesses & MSMEs in the economic package of INR 20 lakh crores to make ‘Atma Nirbhar Bharat’

May 14th, 2020 | By

(THE NEWSMAN OF INDIA.COM) SCOPE (Standing Conference of Public Enterprises), apex body of Public Sector Enterprises welcomes the economic stimulus package of the Government to spur the economic growth and build a self-reliant and resilient India. Atul Sobti, Director General, SCOPE while appreciating the commitment of the Government said that the thrust given to various
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REC Limited successfully raises 3 Yr USD 500 Mn Bonds, first USD cross border issuance out of India since COVID-19

May 13th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi, 13th May 2020: REC Limited, a Government of India PSU and one of India’s largest power financiers, opened up the USD markets for Indian issuers in the wake of COVID crisis. In the lead up to the issuance, REC was actively monitoring markets, waiting patiently for an opportune window.
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Package announcement by PM is a very encouraging step, Chairman, SAIL, AK Chaudhary.

May 13th, 2020 | By

(THE NEWSMAN OF INDIA.COM) The massive stimulus package announced by the Prime Minister, Narendra Modi along with the roadmap for a more atmanirbhar Bharat (self-reliant India) is very encouraging and reassuring in these times. It is in line with the industry expectations. It is also around 10% of GDP, which is in tandem with what
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K. Vinayak Rao takes over as Member (Finance) at Airports Authority of India

May 13th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi, 13th May, 2020: K. Vinayak Rao, Indian Railways Accounts Service (IRAS) officer of 1987 batch has taken over the charge of Member (Finance) from 13th May, 2020 on the Board of the Airports Authority of India. Prior to this appointment, Rao was serving as Member (Finance) in Delhi Development
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The Appointments Committee of the Cabinet has approved Special Secy, Adl. Secy appointments:

May 12th, 2020 | By

(THE NEWSMAN OF INDIA.COM) The Appointments Committee of the Cabinet has approved the following appointments: i. Shri Sanjeeva Kumar, IAS (AM:86), Special Secretary, Department of Health and Family Welfare, Ministry of Health and Family Welfare as Secretary, Department of Border Management, Ministry of Home Affairs. ii. Ms. Vasudha Mishra, IAS (TG:87),Special Secretary, Department of Agriculture,
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BEL distributes grocery kits to migrant workers through City Police

May 11th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Bengaluru, May 11, 2020: Navratna Defence PSU Bharat Electronics Limited (BEL) has, as part of its CSR initiatives, come forward to lend a helping hand to migrant workers in Bengaluru, impacted by the lockdown implemented countrywide in view of the spread of COVID-19. The Bangalore Complex of BEL today handed over
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Adhyaksh se Vartalaap’ – Massive Communication Campaign Spearheaded by SAIL-Chairman

May 11th, 2020 | By

(THE NEWSMAN OF INDIA.COM) New Delhi, 11th May, 2020: At the time of COVID-19, when the companies around the world are trying to incorporate and adopt various smart moves to keep their functioning less affected, Anil Kumar Chaudhary, Chairman, SAIL has spearheaded an innovative campaign entitled ‘Adhyaksh se Vartalaap’ to connect with a large number
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BSE StAR MF contributed Net Equity Inflow of 66% for the entire MF Industry in FY 19-20 & and 61% for the entire MF industry in April 2020.

May 11th, 2020 | By
ashish chauhan bse

(THE NEWSMANOF INDIA.COM) Mumbai, May 11th, 2020: Continuing its stellar performance, BSE StAR MF, India’s largest Mutual Funds Distribution platform is moving consistently towards transforming itself into a unique end-to-end-value based platform. BSE StAR MF contributed 56,038 crores (Subscription: 1,41,473 crores minus Redemption: 85,435 crores) as Net Equity Inflow during FY 2019-20, which is 66%
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FM-Smt. Sitharaman inaugurates Rupee Dollar Derivatives trading on BSE’s India INX today

May 8th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Mumbai, May 8, 2020: Finance Minister Smt. Nirmala Sitharaman today inaugurated Rupee Dollar Derivatives on BSE’s India International Exchange (IFSC), Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City). The launch was done virtually by the Finance Minister,
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IAS Reshuffle in Maharashtra

May 8th, 2020 | By

(THE NEWSMAN OF INDIA.COM) Govt of Maharashtra has transferred as many as right IAS Officer, Praveen Pardeshi, IAS (1985) Municipal Commissioner, Greater Mumbai Municipal Corporation, Mumbai has been posted as Additional Chief Secretary, Urban Development Department, Mantralaya, Mumbai. Manoj Saunik, IAS (1987) Additional Chief Secretary, Pubic Works Department, Mantralaya, Mumbai has been posted as Additional
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