It is part of the state government’s vision of using drone delivery to establish universal, seven-days-a-week access to life-saving and critical medicines for each of its 120 million citizens over the coming years.
In August last year, mutual funds had invested around Rs 2.48 lakh crore in both CPs and corporate debt issued by NBFCs. Debt funds had an overall exposure of 13.6% towards NBFC debt in August 2019, as against 16.86% in Augus
The meeting of the consortium of lenders follows Altico Capital's interest payment default to the tune of Rs 19.97 crore on a Rs 340-crore external commercial borrowing by Mashreq Bank on September 12.
Companies which invest a minimum of Rs 50 crore in the EV space and provide direct employment to a minimum of 50 people will get 100% refund of SGST till 2030, provided they make and sell electric vehicles in the state.
To this effect, Prasad instructed his ministry to set up an institutionalised mechanism in the form of a task force that would regularly interact with the industry, take their suggestions and address concerns.
“We are in dialogues with the US on a number of issues and as we firm up the specifics, we will inform you once the Prime Minister (Narendra Modi) and the US President sit down and finalise...We have an open mind and with a
The new fund will have an NIIF-like structure where the government will contribute half of the corpus and other investors, including foreign ones and domestic financial institutions like LIC, will do the rest.