TS Planning Board vice chairman rebuts Amit Shah’s claims about Central funds to

TS Planning Board vice chairman rebuts Amit Shah’s claims about Central funds to

Union Home Minister Amit Shah misled the people by making claims about a higher devolution of funds and share in taxes to Telangana from the Centre than what actually reached the State, said vice chairman of the State Planning Board B. Vinod Kumar on Monday and suggested that the former cross-check the numbers available with … Read more

SAMRIDH Healthcare funds Critical Care Hope to set up tele-ICUs across India – ET HealthWorld

SAMRIDH Healthcare funds Critical Care Hope to set up tele-ICUs across India – ET HealthWorld

New Delhi: The SAMRIDH Healthcare blended financing facility has committed Rs 3.2 crore to Critical Care Hope to help expand its tech-enabled hub-and-spoke Tele-ICU platform for healthcare providers in tier two and three cities to deliver critical care services. The ‘Tele-ICU’ platform aims to allow a certified critical care physician to remotely manage 60-80 ICU … Read more

Nothing to worry about MFs exposure to Adani Group stocks: Aditya Shah

Nothing to worry about MFs exposure to Adani Group stocks: Aditya Shah

“As I see it, the entire Adani Group has undergone a massive controversy. There are some good assets as well such as ACC or Ambuja or Adani Ports but now the group is embroiled in a major controversy so it will mean that the stock will continue to remain extremely volatile,” says Aditya Shah, CIO, … Read more

Release funds for Barashahid Dargah, says rebel YSRCP MLA

Release funds for Barashahid Dargah, says rebel YSRCP MLA

Nellore Rural MLA Kotamreddy Sridhar Reddy leading a protest by members of the Muslim community demanding funds for community development works in Nellore on Friday. | Photo Credit: The Hindu Members of the Muslim community led by rebel YSR Congress Party MLA Kotamreddy Sridhar Reddy staged a protest here on Friday demanding release of ₹15 … Read more

Special situation funds lap up Adani bonds

Special situation funds lap up Adani bonds

Mumbai: A number of global special situation funds – high-yield and distressed-debt specialists – bought large amounts of foreign currency bonds of Adani Group firms in the days following the January 24 Hindenburg report, three people directly aware of the matter said. These funds now collectively own Adani bonds worth close to $1 billion, they … Read more

Furniture Retailer Stanley Lifestyles plans Rs 700-cr IPO

Furniture Retailer Stanley Lifestyles plans Rs 700-cr IPO

Mumbai: Stanley Lifestyles, a Bangalore-based furniture and home decor retailer, is planning an IPO worth ₹600-700 crore, said a person with direct knowledge of the matter. The IPO will be a mix of fresh issue of shares and sale by existing shareholders. The company is in talks with and for the public issue. The funds … Read more

Preparatory work for Kochi metro’s Kakkanad extension hit by paucity of funds

Preparatory work for Kochi metro’s Kakkanad extension hit by paucity of funds

Piling for the Kochi metro’s Kakkanad extension, which was expected to begin in January 2023, is likely to be delayed as the State government has not yet handed over the approximately ₹100 crore that is needed for land acquisition. This has prompted traders and others, whose land will be taken over, to intensify their stir … Read more

AGAMT-II funds can be allocated only on the basis of population, government tells High Court

AGAMT-II funds can be allocated only on the basis of population, government tells High Court

It also denied the charge that village panchayat presidents had been sidelined by empowering the Collectors to accept the tenders It also denied the charge that village panchayat presidents had been sidelined by empowering the Collectors to accept the tenders The Tamil Nadu government has told the Madras High Court that there are 79,395 habitations … Read more

Auto at cusp of a rebound makes logistics a good turnaround bet

Auto at cusp of a rebound makes logistics a good turnaround bet

Mumbai: High-risk takers looking to bet on a thematic domestic consumption story could make a lump sum allocation to transportation and logistics funds. Asset managers believe the current market presents a good entry point as the auto sector is at a cyclical bottom and is expected to post the highest earnings growth among peers as … Read more

Andhra Pradesh: Sarpanches stage protest seeking release of 15th Finance Commission funds

Andhra Pradesh: Sarpanches stage protest seeking release of 15th Finance Commission funds

The State government owes ₹950 crore to the gram panchayats, and paucity of funds is hampering drinking water supply and sanitation, they say The State government owes ₹950 crore to the gram panchayats, and paucity of funds is hampering drinking water supply and sanitation, they say Tension prevailed at the office of the Commissioner of … Read more