Miscellaneous News
Cabinet approves revised cost estimate of NE Region Power System Improvement Project
16 December 2020 at 16:26This is a major step towards the economic development of the North Eastern Region through the strengthening of Intra - State Transmission and Distribution systems.
FM lauds concerted efforts resulting in higher procurement and payment of over Rs 21000 crore to MSMEs upto November
12 December 2020 at 10:02Government’s aggressiveness for the economic betterment of MSMEs shows a result. Procurement from and payment to MSMEs on the rise. MSME sector on the upswing
Income Tax Department conducts searches in Chennai
10 December 2020 at 10:14IT Department is conducting search operation on prominent business group of Chennai having varied business activities. About 60 premises being covered across TN, Karnataka, AP & Maharashtra.
India and UN-Based Better Than Cash Alliance organized a joint Peer learning exchange on Fintech solutions for responsible digital payments at the last mile
10 December 2020 at 10:14This Peer Exchange is a result of the tremendous success and opportunities highlighted during COVID-19 and is co-organized with the UN-based Better Than Cash Alliance.
CCI approves acquisition of certain assets of the Prestige Group by affiliates of Blackstone Group Inc.
09 December 2020 at 10:11The Competition Commission of India (CCI) approves the acquisition of certain assets of the Prestige Group by affiliates of Blackstone Group Inc.
CCI approves acquisition of shares of Odisha Power Generation Corporation Ltd (OPGC) by Odisha Hydro Power Corporation Limited (OHPC)
09 December 2020 at 10:11The proposed combination involves the acquisition by OHPC of 49% equity shares in OPGC from AES OPGC Holding and AES India, pursuant to the Share Sale and Purchase Agreement.
Fictitious ITC transactions racket of Rs. 290.70 Crores busted by DGGI, Nagpur
08 December 2020 at 10:24Arrest of Director of M/s M & M Advisors & Consultants Private Limited at Mumbai. Recovery of Input Tax Credit of Rs. 25.22 Crore in Cash.
Income Tax Department conducts searches in Assam
08 December 2020 at 09:58The IT Department started a search and survey action on 04/12/2020 in the cases of leading Coal Traders of Assam. The search and survey actions are being carried out at 21 locations in Guwahati, Digboi, Margherita, and Delhi.
AYUSH Export Promotion Councils to be set up in a price-competitive manner
07 December 2020 at 10:36Ministry of Commerce and Industry and Ministry of AYUSH have decided to set up an AYUSH Export Promotion Council in a price-competitive manner.
Indian and Belgium Customs Department meet to discuss ways to have deeper engagements over various issues
03 December 2020 at 18:15Both sides discussed ways to have deeper engagements in areas of drug law enforcement, capacity building, automation, and use of Artificial Intelligence.
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