Search For "owned"
Budget proposals positive for India's insurance industry: Fitch
Updated : 5 years, 3 months ago IST
Colombo [Sri Lanka], Feb 10 (ANI): India's 2021-2022 Budget has proposed relaxing foreign-ownership caps on insurers and listing the country's largest state-owned insurer, measures that Fitch Ratings says will help the industry attract foreign capital, strengthen solvency and promote competi
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Both India, Afghanistan want to see region free of terrorism, says PM Modi
Updated : 5 years, 3 months ago IST
New Delhi [India], February 9 (ANI): Expressing concerns over the rising violence in Afghanistan, Prime Minister Narendra Modi termed targeting of the civilians, journalists and workers by the terrorists a "cowardice act" and asserted that both India and Afghanistan want to see the region
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Capital support for Indian govt banks to determine loan growth: Fitch
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra), Feb 8 (ANI): Indian state-owned banks will be forced to continue on a path of risk aversion and soft loan growth without adequate capital support from the state, according to Fitch Ratings.
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Kalpataru Power acquires 51 pc stake in Brazil's Fasttel for Rs 64 cr
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): Kalpataru Power Transmission Ltd (KPTL) said on Friday that its wholly-owned subsidiary in Brazil has signed a definitive agreement to acquire controlling stake of 51 per cent in Fasttel Engenharia Ltda for 8.8 million dollars (about Rs 64 cror
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India urges Sri Lanka to adhere to international commitments over East Con
Updated : 5 years, 3 months ago IST
New Delhi [India], February 4 (ANI): India on Thursday urged the Sri Lankan government to adhere to the international commitments following Prime Minister Mahinda Rajapaksa-led government announcement that the East Container Terminal will be a "wholly-owned container terminal of the Sri Lank
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SBI Q3 net profit drops 7 pc to Rs 5,196 cr on higher provisions
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], February 4 (ANI): Government-owned State Bank of India (SBI) on Thursday reported 7 per cent year-on-year drop in net profit at Rs 5,196 crore for December quarter due to increase in provisions against bad loans.
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Oculus Quest headsets will now support Facebook Messenger
Updated : 5 years, 3 months ago IST
Washington [US], February 3 (ANI): American technology giant Facebook-owned VR company, Oculus has announced that in its latest developer update, Facebook Messenger will now start rolling out to Quest headsets this week.
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PFC issues $500 million senior unsecured bonds for more than 10 years
Updated : 5 years, 3 months ago IST
New Delhi [India], February 2 (ANI): State-owned Power Finance Corporation (PFC) has successfully raised 500 million dollars through the issuance of US dollar denominated bonds under 'Reg S route' with a fixed maturity of May 16, 2031.
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India's discom reform plan to benefit gencos in long term: Fitch
Updated : 5 years, 3 months ago IST
Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
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The Weeknd donates meals from Black-owned restaurants to health-care worke
Updated : 5 years, 3 months ago IST
Washington [US], February 2 (ANI): In an effort to honour the first day of Black History month, singer-songwriter The Weeknd recently fed the frontline healthcare workers at a Black-owned restaurant in Tampa, Florida.
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Myanmar's first vice president Myint Swe appointed as acting president aft
Updated : 5 years, 3 months ago IST
Naypyitaw [Myanmar], February 1 (ANI): Myanmar's first Vice-President Myint Swe will serve as the acting president of the country, the military-owned Myawady TV announced after the army staged a coup and detained State Counsellor Aung San Suu Kyi on Monday.
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Inclusive broad-based dialogue in Libya only way forward for peace, says T
Updated : 5 years, 4 months ago IST
New York [US], January 29 (ANI): Asserting the need for Libyan-led and Libyan-owned peace process, TS Tirumurti, permanent representative of India to the United Nations on Thursday said that New Delhi supports a peaceful settlement through inclusive broad-based dialogue, which it sees as the
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