Canara HSBC OBC Life Insurance appoints Jyoti Vaswani as new CIO
Medilytix Bureau: Canara HSBC Oriental Bank of Commerce Life Insurance announced the appointment of Jyoti Vaswani as their new chief investment officer (CIO). In her new role, she will be…
Ruchi Soya pays Rs 2925 crore loan post FPO issue
Medilytix Bureau: India’s largest manufacturer of edible oil, Ruchi Soya is ‘debt free’ after its follow-on public offering (FPO). A part of the proceeds arising from the FPO has been…
Covishield, Covaxin prices drop to Rs 225 per shot for private hospitals
Medilytix Bureau: A day before the drive to administer precautionary Covid-19 vaccine dose to all adults begins, both Covishield and Covaxin manufacturers have decided to reduce the prices for private…
Over 520 lakh subscribers under NPS showed YOY increase of more than 22% as of March 2022
Medilytix Bureau: The number of subscribers in the National Pension System (NPS) has risen to 5.2 crore by the end-March 2022, registering a year-on-year growth of 22.58%. The pension subscribers…
Rajeev Chandrasekhar to Visit Karnataka for Samajik Nyay Pakhwada
Medilytix Bureau: Minister of State for Electronics & IT, Skill Development & Entrepreneurship, Shri Rajeev Chandrasekhar will be visiting Karnataka for a week to contribute towards Samajik Nyay Pakhwada. He…
MOU Signed Between UIDAI and ISRO for Technical Collaboration
Medilytix Bureau: A Memorandum of Understanding (MoU) has been signed between the Unique Identification Authority Of India (UIDAI), Ministry of Electronics and Information Technology (MeitY), New Delhi and National Remote…
Govt reserves 25% of domestic procurement budget for domestic private industry
Medilytix Bureau: To promote private industry, MSMEs and start-ups in defence production ecosystem, 25% of the Domestic Capital Procurement/Acquisition Budget, amounting to ₹21,149.47 Cr, will be earmarked for domestic private…
Insolvency and Bankruptcy Board of India amends the Voluntary Liquidation Process
New Delhi: The Insolvency and Bankruptcy Board of India (IBBI) has amended regulations pertaining to voluntary liquidation process as part of efforts to streamline the process. Anoop Rawat, Partner (insolvency…
Cabinet approves distribution of fortified rice across Government Schemes
New Delhi: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Shri Narendra Modi, today has accorded its approval for supply of fortified rice throughout the Targeted Public…
AAI and BEL join hands to develop indigenous Air Traffic Management Systems
Medilytix Bureau: In a major boost to Government’s “Make in India” Initiative, Airports Authority of India (AAI) has entered into an agreement with Defence PSU Bharat Electronics Limited (BEL) for…