China Merchants Holdings Co and the Sri Lanka Ports Authority are jointly developing Colombo’s South Container Terminal, the first terminal under expansion in the Port of Colombo.
Addressing the fifth Auto Retail Conclave, Nitin Gadkari said the government is encouraging a circular economy, and accordingly the government will give permission to dealers to start vehicle scrapping facilities.
Banks may not approach Wadias for revival of airline.
“The primary reason for this (liquidity deficit) is that the government is not spending much. Also, this week is when the goods and services tax (GST) outflow happens,” said a treasury head of a private sector bank.
UCO Bank shares were trading 1 per cent lower at Rs 39.43 on the BSE on Thursday.
Goldman Sachs (Singapore) Pte has settled with Sebi a case pertaining to certain discrepancies in the monthly offshore derivative instruments reporting after paying Rs 26.44 lakh towards the settlement amount.
The flagship agreement involves a Rs 15,000 crore commitment from JSW Neo Energy for two pumped storage projects in Almora, aiming to generate employment, and contribute to the state’s development.
Concord Biotech’s on Thursday said it collected Rs 465 crore from anchor investors ahead of its IPO.
Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes.
Wholesale inflation, which reflects prices at producers’ end, remains below retail inflation. The latest retail inflation data for October showed Consumer Price Index-based inflation eased to a four-month low of 4.87 per cent in October.