RECEIVABLES
Bharat Electronics Limited receives orders worth Rs 3,172 crore
BEL signed a Rs 3,172 crore contract with AVNL for Indian Army's BMP 2/2K tanks upgrade with indigenously designed system. Orders worth Rs 481 crore, including doppler weather radar, were secured. The accumulated orders this year are Rs 4,803 crore.
Hitachi Payment Services receives RBI nod for payment aggregator
Hitachi Payment Services has received RBI's final authorization to operate as an Online Payment Aggregator under the Payments and Settlement Systems Act, 2007. This authorization allows Hitachi to expand its digital services, offering comprehensive payment solutions such as UPI, Netbanking, and BNPL. The company processes over 2.5 billion digital transactions annually and aims to boost digital payment adoption and innovation across India.
Kim Kardashian receives marriage proposals from unexpected people. Who are they? Know in detail
It is interesting to know that Kim Kardashian received the unexpected marriage proposal from fans weeks after she had split from Odell Beckham Jr, with whom she had a whirlwind six-month relationship.
YSRCP district offices receive notices on legitimacy of their construction
YSRCP faces backlash over unauthorized office constructions, with the NDA government accused of bias. The controversy involves lavish buildings, including a Rs 500-crore mansion, as security scrutiny intensifies at YS Jagan Mohan Reddy's residences across multiple districts.
NARCL receives four bids for debt takeover of Sion Panvel Tollways in Mumbai
National Asset Reconstruction Co (NARCL) has received four expressions of interest for a second round of bidding to take over the debt of Sion Panvel Tollways linking Mumbai and Pune. The initial three bids were rejected for being undervalued. NARCL aims to recover bad debt and has acquired 18 stressed accounts worth Rs 92,510 crore. Bidders have until July 18 to submit new proposals. BoB Capital Markets is advising creditors on the sale.
Bangladesh PM Hasina meets PM Modi on her India visit, receives ceremonial welcome
Bangladeshi Prime Minister Sheikh Hasina, who is currently on a two-day visit to India, was accorded a warm welcome by her Indian counterpart Narendra Modi at the Rashtrapati Bhavan on Saturday. PM Modi welcomed the Bangladeshi premier, the first foreign leader to vis...
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EC receives applications for EVM verification on 8 LS seats in 6 states
Eight candidates seek EVM chip verification post Lok Sabha results, rejected by Supreme Court; BJP's Sujay Vikhe-Patil seeks verification after losing to NCP's Nilesh Lanke; YSRCP and DMDK candidates also apply; verification in 92 polling stations; cost per EVM set Rs 47,200 plus GST; YSRCP and BJD candidates also apply for EVM check
Emcure Pharmaceuticals receives SEBI nod for its IPO launch
Emcure Pharmaceuticals received SEBI nod for IPO launch after filing DRHP in December 2023. The IPO includes equity shares and an Offer of Sale by promoters. Proceeds will be used for debt payment. Emcure Pharmaceuticals is renowned for its global marketing of pharmaceutical products.
IndiGo flight from Chennai to Mumbai receives bomb threat; lands safely
A Mumbai-bound IndiGo flight from Chennai was subjected to a bomb threat on Wednesday. The flight landed safely in Mumbai at around 10:30 pm. IndiGo stated that all passengers disembarked from the plane without incident.
With airports, more than 50 hospitals and BMC headquarters in Mumbai receive bomb threats
Along with 41 airports, more than 50 hospitals in Mumbai including Jaslok Hospital, Raheja Hospital, Seven Hill Hospital, Kohinoor Hospital, KEM Hospital, JJ Hospital, St. George Hospital and many more hospitals receive bomb threats. The threat emails have been sent using a VPN Network. The identity of the sender and the motive of the threat are yet to be ascertained, said Mumbai Police.
5 hybrid mutual fund categories received inflows in May. Here is the breakup
The hybrid mutual funds received a total inflow of Rs 17,990 crore in May against Rs 19,862 crore in April. Here is the break up of the inflows in hybrid mutual fund categories, according to the data released by AMFI.
Veefin announces strategic stake in Regime Tax Solutions through its subsidiary
Supply Chain Finance company Veefin has announced a strategic stake in Mumbai-based Regime Tax Solutions.
Badrinath, Kedarnath dhams receive rainfall, but pilgrim activities robust
Badrinath and Kedarnath dhams received rainfall on Friday, but pilgrim activities remained robust. While clouds remained in Gangotri and Yamunotri, the weather has deteriorated and there is light drizzle. Despite the weather, over 22 lakh pilgrims have visited the four Dhams of Uttarakhand so far this season.
IndiGo to receive compensation from Pratt & Whitney for grounded aircraft
IndiGo's parent company, InterGlobe Aviation, has announced that it will receive a "customised" compensation from Pratt & Whitney's affiliate firm International Aero Engine for grounded aircraft. The company has amended an existing agreement with IAE to provide IndiGo with a customized compensation for the ongoing situation of grounded aircraft due to engine unavailability.
These 5 mutual funds received over Rs 10,000 crore inflows in May
Around 44 mutual fund houses managed assets of Rs 60.02 lakh crore in May against an asset size of Rs 58.35 lakh crore in April. Here are the top 5 mutual funds that received more than Rs 10,000 crore inflows in May, according to the data by ACE MF.
Is Kate Middleton receiving treatment in Houston? Kensington Palace maintains silence. The inside story
Kensington Palace has refused to share information on whether Kate Middleton has received treatment in Houston on the grounds of medical privacy.
Mental health institute in Chandigarh receives bomb threat over email
A mental health institute in Chandigarh received a bomb threat via email, prompting the evacuation of patients and staff while authorities conducted a search operation. The threat was part of a series of emails sent to hospitals in Delhi and south India. Despite extensive searches by police, bomb disposal squads, and fire officials, no explosives were found. The institute's deputy medical superintendent reported the incident and email contents to the police.
These 9 equity mutual fund categories received higher inflows in May
Inflows into equity mutual funds surged by 83% to Rs 34,697 crore in May from Rs 18,917 crore in April. Around 9 equity mutual fund categories received higher inflows in May, according to the monthly data released by AMFI. There were around 11 equity mutual fund categories.
We, the children, must receive protection
A recent investigation revealed that nearly 10,000 minors were wrongly held in adult prisons in India between Jan 2016 and Dec 2021, based on an iProbono report and RTI responses. The Juvenile Justice (Care and Protection of Children) Act 2015 prohibits placing children in adult prisons.
Mumbai receives season's first pre-monsoon showers
Mumbai receives first pre-monsoon showers, bringing relief. Dadar, Kandivali, Magathane, Oshiwara, Wadala, Ghatkopar witness rains. Traffic, trains normal. Monsoon usually arrives in June. Unseasonal rain last month caused hoarding collapse in Ghatkopar.
AU Real Estate to invest Rs 600 crore in luxury residential project in Ghaziabad
AU Real Estate will invest Rs 600 crore in "The Sunflower," a luxury residential project in Aditya World City, Ghaziabad. The project will feature five towers with 30 floors each, offering a total of 595 units spread over 6.94 acres. The property will have 3 and 4 BHK apartments ranging from 2700 to 4000 square feet. It will also include a 70,000 sq ft lobby area in each tower. The company plans to fund the project through sales receivable and internal funds, capitalising on the post Covid surge in residential real estate demand.
Recordent announces 100+ meets connecting 10,000 Indian SMEs across India
These events aim to serve as valuable networking platforms, enabling participants to gain insights and build connections within the industry.
Ixigo receives Sebi clearance for IPO
As per DRHP, offer to include Rs 120 crore of fresh shares and OFS component of 66.67 million shares
New video claims 70 women received money to take part in Sandeshkhali protest
In the video, lasting over 45 minutes, a man resembling Sandeshkhali mandal president Gangadhar Kayal told this to the questioner. It was Kayal who had earlier said in another purported clip, the first in a series in the past week, that the rape allegations were "staged". In the latest tape that surfaced on Saturday night, Kayal was heard saying that 70 women got Rs 2,000 each for taking part in protests against Sheikh who was arrested and later suspended by the police.
India breaks record with over $111 billion in remittances in 2022
India leads 2022 remittances with over USD 111 billion, facing challenges like rights violations in Gulf States and COVID-19 impact on migration patterns, highlighting migrant workers' struggles worldwide.
NBCC bags contracts worth Rs 450 crore in Chhattisgarh, Kerala
NBCC obtained Rs 450 crore contracts from the Supreme Court's Receiver for projects in Chhattisgarh and Kerala. ASPIRE aims to complete 38,000 flats. R Venkataramani is involved. The contracts were disclosed in a regulatory filing.
Indus Towers facing a Rs 60 cr shortfall in collections from Vodafone Idea in Q4
Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collections. Despite this, Indus' trade receivables increased by Rs 430 crore sequentially in Q4FY24, reflecting the delayed collection of Vi's past outstandings, ultimately settled in April.
NFL Sports Docuseries 'Receiver' release date revealed: When and where to watch
As the NFL fever kicks in this season, expect another superb NFL docuseries after Quarterback. Netflix will be exclusively hosting this upcoming sports series that will glorify some of the best receivers of the sport.
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