The Supreme Court today rejected the Review Petition filed by 6 states for postponement of the JEE Main and the NEET exams scheduled to be held this month. NTA which conducts the entrance exams will be holding JEE Main Exams from September 1 to September 6, while NEET exams is scheduled on September 13.
Rajan Wadhera, President of the Society of Indian Automobile Manufacturers (SIAM), expressed the inability of the automobile sector to invest further into the upcoming safety regulations as the Indian industry is already reeling under the impact of COVID-19 pandemic. He urged the government to intervene to resolve the problems faced by the automakers.
TikTok launched a marketing program on Thursday to attract more advertisers with tools to measure the success of ad campaigns that run on its popular short video app.
Gujarat State Fertilizers & Chemicals Ltd. (GSFC) has restarted its Methanol Plant with installed capacity of 525 metric tonnes per day. The Plant was commissioned earlier in 2013, however no commercial production took place for the same as the same was unviable due to high raw material cost and non-availability of market, the Vadodara Gujarat based company said on Thursday. The revenue of the Company will be up by approximately 150 Crores in the current Financial Year 2020-21.
Route Mobile Ltd., a cloud service provider will launch its initial public offering (IPO) next week estimated from date September 11, 2020 and closing on 16 September 2020 to raise Rs 600 crore through fresh issue and OFS. The share is going to be price band at Rs 350- Rs 370 of Rs 10 face value units. The minimum lot size is going to be a minimum of 40 shares.
Chennai based TVS Motor Company has invested Rs 30 crore in Ultraviolette Automotive to expand its reach in electric vehicle segment. after the . The Bengalore based EV company has recently launched its high-performance motorcycle F77. This investment was received as part of its Series B round of funding.
Jet Airways receive revised proposals from two bidders in it's insolvency process.
The addition of the Mumbai International Airport (MIAL) and the Navi Mumbai International Airport to the portfolio of Adani Airports Holdings Ltd. will provide "a transformational platform that will help shape and create strategic adjacencies for our other B2B businesses," Gautam Adani, Chairman, Adani group, said in a press statement. "This acquisition helps us redesign the way we will serve our customer base and bridge our B2C and B2B business models."
Bangalore based developers, Kolte-Patil Developers Ltd. gains 2% in early morning trade in result of the company's nomination and remuneration committee (NRC) approving and granting 189,500 stock options to the Group's CEO Gopal Sarda.
The Central government on Tuesday capped export incentives under the Merchant Export from India Scheme (MEIS) at Rs 2 crore per exporter on outbound shipments executed during September 1 to December 31, 2020 period. Under MEIS, the government provides duty benefits in form of rewards as payable as a percentage of realised free-on-board value and MEIS duty credit scrip can be transferred or used for payment of a number of duties, including the basic customs duty.
Cognizant Technology Solutions Corp is likely to acquire 10th Magnitude, a cloud provider focused on the Microsoft Azure cloud computing platform. It has been reported that they have already signed an agreement to expand their reach in provide cloud services.
The Insurance Regulator, IRDAI has formed a committee to discuss approval of Index-Linked Life Insurance products in the market amidst applications from various stakeholders. Index linked life insurance means the sum assured (or sum insured) gets a boost year-after-year to keep it inline with the Retail Price Index (RPI).
Singapore based financial technology, Atlantis has launched an all in one banking platform called Neo-Bank, focusing to generate autonomous financial decisions. It has termed it as the 'Bank of the Future'. It will provide an encouragement to young adults popularly known as millennials to take informed financial activities.
The Securities and Exchange Board of India (SEBI) has scheduled a meeting with brokers, leading corporates, exchanges to assess the new margin pledge and re-pledge system from September 1, 2020.
Adani Airport Holdings (AAHL) will acquire a stake of 23.5% in Mumbai International Airport (MIAL). It will acquire also the debt of GVK Airport Developers.
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