Saturday, December 3, 2022

News Updates

Second phase of FAME India scheme will focus on developing EV infrastructure

The government plans to support through subsidies 7,000 e-buses, five lakh e-three-wheelers, 55,000 e-four-wheeler passenger cars and 10 lakh e-two-wheelers

NCLAT still keen on bringing NBCC back in the race to acquire Jaypee Infratech

The NCLAT has asked representatives of banks, allottees and other stakeholders to consider how the NBCC bid could be tweaked

RBI penalises 4 PSU banks for violating KYC and anti-money laundering norms

The penalties range between Rs 25-50 lakhs, an official statement released by the Reserve Bank of India said

PNGRB lowers tariff for KG Basin pipeline network by 64%

The tariff finalised by the PNGRB is not just lower than the previous tariff, but is also 66 percent lower than what GAIL had proposed

PFC raises Rs 2,070 cr from overseas

This is PFC’s second foreign currency borrowing in the current financial year. The public sector company earlier earned $1 billion through issuance of Reg-S bonds

ONGC has discovered 230 MT of oil reserves in the last three years: Pradhan

Pradhan said ONGC had a total oil reserve of 459.84 million tonnes as on April 1 this year that are spread over 16 assets

India’s first international UDAN flight takes off from Guwahati

The historic flight between Guwahati (Assam) and Dhaka (Bangladesh) was flagged off by Assam Chief Minister Sarbananda Sonowal

MoD makes parking/landing at its airfields free for UDAN flights

A total of 32 airfields and five Advanced Landing Grounds are covered under this move, an official statement released by the ministry said

Govt says 86% Ujjwala beneficiaries came back for a second refill

The average LPG cylinder refill rate under Ujjwala has been a dampener in a scheme that has otherwise done quite well in terms of delivering results on the ground

Windacre Partnership buys 5.59 crore shares of PFC

Windacre bought the shares for Rs 135 per scrip, taking the overall value of the deal to Rs 755.10 crores, NSE’s bulk deal data showed

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