Bill allowing women to do night shifts tabled in Goa Assembly

Bill allowing women to do night shifts tabled in Goa Assembly

Wednesday, 31 July 2019 | PTI | Panaji

The Goa Government on Tuesday tabled a Bill in the Assembly which seeks to allow women staff to work in night shifts in factories from 7 pm to 6 am. Factories and Boilers Minister Chandrakant Kavlekar tabled The Factories (Goa Amendment) Bill, 2019, in the House. The amendment has been moved "with...

DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: Source

Wednesday, 31 July 2019 | PTI | NEW DELHI

nThe Department of Telecommunications (DoT) is “working on” a proposal for merger of cash-strapped BSNL and MTNL as part of efforts to revive the ailing state-owned telecom firms, a source said. The source, privy to the development, said merger is “one of the many components” of the overall revival plan...

Coffee Day Enterprises shares crack 20 pc after chairman goes missing

Wednesday, 31 July 2019 | PTI | New Delhi

Shares of Coffee Day Enterprises Ltd dropped 20 per cent on Tuesday, eroding Rs 813 crore from its market valuation, after reports surfaced that its Chairman and Managing Director V G Siddhartha has gone missing. The scrip tumbled 19.99 per cent to Rs 154.05 — its 52-week low as well as...

NCLAT extends insolvency period of Jaypee Infra

Wednesday, 31 July 2019 | PTI | New Delhi

The National Company Law Appellate Tribunal on Tuesday extended the resolution period of Jaypee Infratech for another 90 days, which includes a 45-day window for the resolution professional and lenders of the debt-ridden firm to invite fresh bids. The Committee of Creditors and the resolution professional would have 45 days to...

Overall business optimism remains subdued in India: Survey

Wednesday, 31 July 2019 | PTI | New Delhi

Reflecting subdued sentiments, India has been ranked fourth globally in terms of business optimism, as only 64 per cent of corporates are optimistic about the country’s economic growth over the next 12 months, says a survey. Earlier, India had stood at sixth position with 78 per cent of the total respondents...

NCLT approves NHPC’s bid for Lanco Teesta Hydro Power Ltd

Wednesday, 31 July 2019 | PNS | new delhi

National Company Law Tribunal (NCLT), Hyderabad bench on July 26, 2019 approved State run hydropower major NHPC’s bid for the debt-ridden Lanco Teesta Hydro Power Ltd (LTHPL) for an amount of Rs 897.50 Crores under Corporate Insolvency Resolution Process. NHPC Limited is a mini-ratna company under Ministry of Power and...

I-T attaches Rs 254-cr worth ‘benami’ equity of Ratul Puri

Wednesday, 31 July 2019 | PTI | New Delhi

The Income Tax Department has attached Rs 254 crore worth of “benami” equity of Madhya Pradesh Chief Minister Kamal Nath’s nephew Ratul Puri which he is stated to have allegedly received from a suspect in the VVIP chopper scam via shell companies, officials said on Tuesday. Ratul Puri, the chairman of Hindustan Powerprojects...

Rajiv Kumar to be new Finance Secretary

Wednesday, 31 July 2019 | PTI | New Delhi

Rajiv Kumar, currently serving as Financial Services Secretary, was on Tuesday designated as the new Finance Secretary. The Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi approved the designation of Kumar as the new Finance Secretary, according to an official order. Kumar is a 1984 batch IAS...

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