The government today cleared approximately ₹ 26,000 crore worth new production-linked incentive (PLI) scheme for the auto sector, to spice up the assembly of electrical vehicles and hydrogen fuel vehicles. The PLI scheme will generate as many as 7.5 lakh jobs for the auto sector, as per government estimates. Last year, the govt had announced the scheme for the car and auto components […]
Zee Entertainment’s largest shareholders call EGM seeking removal of Puneet Goenka from board
Zee Entertainment’s (ZEE’s) largest shareholders, Invesco Developing Markets Fund and OFI Global China Fund LLC, which together hold 17.88 percent of the entire paid-up share capital of the corporate , during a letter on 9/11 , called a unprecedented general meeting (EGM) seeking removal of Punit Goenka, Manish Chokhani and Ashok Kurien as Directors of the firm, the corporate said during a regulatory filing on September 13. Punit Goenka is […]
In Battle With Amazon For Future Group, Reliance Scores In Supreme
In a major relief to Future Group, the Supreme Court on Thursday halted seizure of assets owned by Future Coupons, Future Retail and Future Group promoter Kishore Biyani. A single judge bench of the Delhi supreme court had ordered the attachment of assets in March. It had directed the longer term group firms and promoters to file their affidavits […]