ANIL JAIN
Court grants time to Delhi CM Arvind Kejriwal to file response to ED's reply
The Rouse Avenue court on Friday granted time to the counsel for Arvind Kejriwal to file rejoinder on the reply of Enforcement Directorate (ED). Senior advocate appearing for Kejriwal said that they could not take instructions as he has been arrested by the ED.
54 MPs including ex-PM Manmohan Singh, 9 Union ministers retiring from Rajya Sabha
Seven Union ministers -- Education Minister Dharmendra Pradhan, Health Minister Mansukh Mandaviya, Animal Husbandry and Fisheries Minister Purshottam Rupala, Information Technology Minister Rajeev Chandrasekhar, MoS External Affairs V Muraleedharan, Micro, Small and Medium Enterprises Minister Narayan Rane and MoS Information and Broadcasting L Murugan -- end their tenure in the Rajya Sabha on Tuesday.
PM Modi has delivered on what he promised, says BJP on CAA implementation
Union Minister Smriti Irani said in a post on X, "11th March 2024: A Historic Day as CAA becomes a Reality with Modi Ki Guarantee!" Irani said the day will go down in history, adding the CAA was envisioned by the Modi government to ensure Indian citizenship to Hindus, Sikhs, Buddhists, Jains, Parsis and Christians who have faced persecution in Pakistan, Afghanistan and Bangladesh due to their religious beliefs and arrived in India before December 31, 2014.
CAA notification: Oppn calls it attempt to polarise LS polls; BJP says Modi's 'guarantee' fulfilled
Opposition parties on Monday slammed the Centre for notifying the rules for the Citizenship (Amendment) Act, alleging the BJP was trying to divide society and polarise the atmosphere ahead of general elections, even as the ruling party hailed it as a "historic" decision that fulfils the promise made by the makers of the Constitution.
Reliance Infrastructure can't sell, transfer assets worth $135 million, says Delhi HC
Delhi High Court restrains Reliance Infrastructure from selling assets worth $135.32 million in enforcement of arbitration award won by Shanghai Electric Group Co Ltd against the Anil Ambani firm. Division bench restrains RInfra from creating third-party rights on its assets. The awarded amount, interest, and costs are restricted to the amount prayed for in the petition.
Citigroup's new big hire is a no nonsense, hard-charging dealmaker
Viswas Raghavan, a competitive and ambitious dealmaker, has been hired by Citigroup CEO Jane Fraser to lead the struggling Wall Street operation. Raghavan will oversee the advisory, capital markets, corporate, and commercial banking businesses amid a decline in revenues and dealmaking.
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What GQG Partners, the firm that fishes in troubled waters, sees in Vedanta
Following reports that US-based GQG Partners, founded by Rajiv Jain, is in talks to buy a stake in Vedanta, a big block deal was reported on Thursday in which more than 2% equity changed hands worth over Rs 2,600 crore.
Big block deal in Vedanta. Is GQG buying stake from promoter?
US-based GQG Partners is in talks to buy a stake in Vedanta. A big block deal worth over Rs 2,600 crore took place in Vedanta. The stake sale could be part of the Anil Agarwal-led mining company’s efforts to raise capital to repay debt.
Jan 22 will be forever etched in our memories: Couples who were 'yajmans' at consecration ceremony
While the 14 couples, including Dalits, tribals, backwards and upper castes, were chosen from across the country to perform the duty of yajmans or hosts for the main ceremony, RSS leader Anil Mishra and his wife presided over the daily rituals which began on January 16 ahead of the 'pran pratishtha' ceremony. Mishra is among the 15 trustees of the Shri Ram Janmbhoomi Teerth Kshetra which was formed in 2020 to oversee the construction of the temple.
Transporting steel from Rotterdam to Mumbai is cheaper than from Jamshedpur
The Indian Railways are a lifeline of the country’s steel industry. But factories cannot rely on this mode alone if they want to stay competitive.
PNGRB chairperson meets Himanta Biswa Sarma, highlights importance of City Gas Distribution
The Chairperson briefed the CM about the progress of Oil & Gas Infrastructure in the state of Assam and role that Assam is playing towards realising the Prime Ministers vision for creation of Gas based economy.
Work commitments of city gas companies may be rationalised
The Petroleum and Natural Gas Regulatory Board (PNGRB) is considering rationalizing the minimum work programme (MWP) commitments made by city gas companies in previous years
Oil regulator to penalise gas companies for failing to meet household demand
The Petroleum and Natural Gas Regulatory Board (PNGRB) is prioritizing consumer protection, and it plans to take strict action against city gas companies failing to meet household demand for new connections or supplies, according to PNGRB's chairman, Anil Kumar Jain. He emphasized that some city gas distributors have been lax in providing connections or initiating gas supply, and PNGRB is ready to address this issue. Jain also highlighted the need for policy intervention to encourage household piped natural gas (PNG) connections.
Delhi liquor policy case: ED summons 3 associates of AAP leader Sanjay Singh
The Enforcement Directorate (ED) has summoned three associates of Aam Aadmi Party (AAP) leader and MP Sanjay Singh in connection with the Delhi Excise Policy case. The ED alleges that one of Singh's associates received Rs 2 crore on two occasions on behalf of Singh, and another associate was offered a stake in a business interest. Opposition parties have criticized the BJP-led central government for misusing agencies like the CBI and ED against the opposition. Delhi Chief Minister Arvind Kejriwal condemned Singh's arrest, suggesting it was politically motivated.
Road secretary Anurag Jain, former DPIIT official Anil Agarwal join ONDC's advisory council
Other members of the council include Nandan Nilekani from Infosys; National Health Authority Chief Executive Officer R S Sharma; Chairperson, capacity building commission, Adil Zainulbhai; Avaana Capital Founder Anjali Bansal; Joint Secretary, DPIIT, Sanjiv; and Digital India Foundation Co-Founder Arvind Gupta.
Jain Irrigation in talks with credit fund Alpha to raise Rs 200 crore
The company's combined net debt is ₹3,600 crore as of March 31, 2023, and it is looking to pare down debt to ₹3,000 crore by the end of FY24. "Jain Irrigation is in talks with private credit fund Alpha Alternatives to raise money to repay some existing debt including inter-company deposits, and the loan will be sanctioned within a few days," said a source close to the development.
Monk murder in Karnataka: Jain community protest at Jantar Mantar, demands CBI probe
Members of the Jain community have protested at Jantar Mantar in Delhi against the murder of monk Acharya Shree Kamakumara Nandi Maharaj in Karnataka earlier this month. Jain monks and lay people demanded a CBI investigation into the killing, which occurred after the mutilated remains of the victim were discovered in the well of an abandoned borehole.
Former coal secretary Anil Jain to head oil and gas watchdog
Jain, a 1986-batch Madhya Pradesh cadre IAS officer, has spent more than a decade formulating energy-sector policies at the petroleum and coal ministries as well as Niti Aayog. Jain has a doctorate in energy studies and has papers and a book published on the country’s natural gas sector.
AAP's 10 guarantees for MCD elections 'bundle of lies,' says Congress
Congress state unit president Anil Chaudhary claimed that the promises to clear the land-fill mountains and ending corruption were akin to the "pot calling the kettle black".
Coal stocks at thermal power stations to last 17 days, says senior official
Speaking about the coal supply to Mahagenco and other power companies, coal secretary Anil Kumar Jain said the WCL was supposed to give 1.50 lakh tonnes coal per day to the power sector from its Wardha valley zone, but it could give average 60,000 tonnes a day, as the production was hit due to rains. Accordingly, the CIL recognised the issue and provided coal to Mahagenco from Mahanadi Coalfields in Odisha and Chhattisgarh, he said.
Bajaj Healthcare forays into opiate processing business
Bajaj Healthcare on Wednesday said it has forayed into the highly regulated opiate processing business. The company said it has received two orders from the central government to produce active pharmaceutical ingredients from poppy capsules and other derivatives on an annual basis.
Anil Jain on Jain Irrigation overseas biz merger, debt reduction & future plans
“We see an enormous growth opportunity for Jain Irrigation standalone in India. Through growth and through internal accruals, the rest of the debt will get serviced from Indian cash flows over the next two to three years. That is our target before 2025.”
There would be no power cuts due to coal shortage: Pralhad Joshi
On recent reports on coal shortages, the minister said that no part of the country faced power cuts due to fuel shortage. He added there was a coal stock of four-five days at thermal power plants but the environment was created that after four to five days it will become totally dark. Stating that there is replenishment of coal stock on day-to-day basis and coal is being continuously sent to the plants.
Beams Fintech Fund rakes in Rs 270 cr in first close of its maiden round
The VC-backed firm has made it big within 3 months of its official launch.
India to be self-dependent in coal production for thermal power generation by 2024: Secretary
He also informed that Coal India Ltd's production is expected to be 630-635 million tonnes this year and will increase to 700 million tonnes during next fiscal year.
Coal India adds over 3% on increase in production reports
The state-owned coal player reported a 3.3 per cent rise in coal production to 60.2 million tonnes (MT) in December.
CIL plans to raise coal stock at thermal power plants to 45 mn tonnes by fiscal-end
State-owned CIL on Thursday said it has drawn up plans to boost coal stock at thermal power plants to over 45 million tonnes (MT) from its own sources by the end of the ongoing fiscal.
Venture Catalysts plans to invest $108 million in Indian startups in 2022
"We will continue investing in sectors such as FinTech, EduTech, AgriTech, FMCG, ecommerce, logistics and supply chain management, we expect D2C and DeepTech to dominate in 2022," Apoorva Ranjan Sharma, cofounder and president, Venture Catalysts Group said
Venture Catalysts Group helps democratise early-stage investments
The Venture Catalysts Group has closed 207 deals in 2021.
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