Vodafone Idea pays another Rs 1,000 crore to govt towards AGR dues

Vodafone Thought on Saturday reported it has paid out another Rs one,000 crore to the federal government in the direction of the statutory dues, using its complete payment to an mixture Rs seven,854 crore.

The organization had before deposited Rs six,854 crore in 3 tranches, Vodafone Thought reported in a regulatory submitting.

“In line with the higher than, the organization has yesterday (July 17, 2020) paid out a additional sum of Rs one,000 crore to the DoT (Office of Telecom) in the direction of the AGR dues. The organization had before deposited Rs six,854 crore in three tranches,” the submitting

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Govt approves Rs 12,450-cr capital infusion in 3 state-run general insurers

The Union Cabinet on Wednesday accredited money infusion of Rs twelve,450 crore in a few point out-owned typical insurance coverage firms to improve their money base and make them extra secure.

The Countrywide Insurance plan Enterprise, Oriental Insurance plan Enterprise and United Insurance plan Enterprise will get the further money, Details and Broadcasting Minister Prakash Javadekar informed reporters right after the cupboard conference.

ALSO Browse: Cabinet briefing Live updates: Govt to recapitalise three-point out-owned insurers

“Cabinet approves money infusion of Rs twelve,450 crore for a few community sector typical insurance coverage firms – Oriental Insurance plan Enterprise Limited, Countrywide Insurance

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Face masks, hand sanitisers kept out of Essential Commodities Act: Govt

Encounter masks and hand sanitisers have been now stored out of the purview of Essential Commodities Act, 1955, Purchaser Affairs Secretary Leena Nandan explained on Tuesday as there is enough source of these products.

On March thirteen, the Union customer affairs ministry declared experience masks and hand sanitisers as important commodities for a hundred times to boost source and avert hoarding of these products in the combat in opposition to the coronavirus pandemic.

“These two products have been declared as important products till June thirty. We are not extending even more as there is enough source in the state,” Nandan

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Govt extends deadline to bid for Air India by two months till Aug 31

The govt has once more prolonged the deadline to bid for Air India by two months until August 31 as the coronavirus (Covid-19) fallout has disrupted financial routines globally.

This is the 3rd time the deadline has been prolonged.

The divestment method for the national carrier was initiated on January 27. Issuing a corrigendum to the Expression of Curiosity (EoI) for sale of Air India, the Section of Financial investment and Community Asset Administration (DIPAM) mentioned the deadline has been prolonged in watch of the “request obtained from the IBs (fascinated bidders) in watch of the prevailing situation arising out

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Gov’t Promise of a New Digital Strategy Suggests a Pivot to Growth, Away from “Online Harms” is on the Horizon

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“We seriously need tech to electricity us out of what inevitably and unfortunately will be a economic downturn. To get us that V-formed recovery… tech wants to support additional conventional industries adapt, survive and in truth thrive”

The UK’s Digital Secretary, Oliver Dowden, has promised a new electronic method in the Autumn with the “clear priority” of growth and productivity.

Tech, he proposed, will be a linchpin of the government’s initiatives to support pull the nation out of economic downturn: both of those in its individual suitable, and as an adjunct to conventional industries that may possibly

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