PM to launch recruitment drive on Oct 22 for 10 lakh personnel

New Delhi, Oct 20 (IANS) Prime Minister Narendra Modi will launch a recruitment drive for 10 lakh personnel on October 22 via video conferencing. In the rozgar mela, appointment letters will be handed over to 75,000 newly inducted appointees, a statement issued by the Prime Minister’s office said. Modi will also address these appointees on … Read more

Maharatna Steel Giant in Focus On Crossing Rs 1 Lakh Cr Turnover & Best Figures

By Malvika Gurung — Shares of the country’s largest steel-making company Steel Authority (NS:) of India will be in focus on September 29, after the state-owned giant announced posting its best-ever production performance in the last fiscal, FY22. The Maharatna CPSE has recorded the production of 18.733 million tonnes of hot metal and 17.366 million … Read more

Maha, Delhi top defaulters as banks’ dues mount to Rs 8.58 lakh crore

The figures show that as on March 31, 2022, there were 30,359 records of borrowers with defaults of Rs one crore and above, with recovery suits filed against them by various banks, totalling to outstanding of Rs 858,396.32 crore. This amount has more than tripled since March 31, 2017 — from 17,236 accounts facing lawsuits … Read more

Commercial papers issuance rises around 60% on-month to Rs 1.51 lakh cr in Aug

According to the Prime database, companies raised Rs 1.51 lakh crore in August, as compared to Rs 94,599 crore in July. With this, fundraising in August is highest in the current financial year. There are some regular issuers like oil marketing companies, National Bank for Agriculture and Rural Development, Export Import Bank of India (NS:), … Read more