Tarun Nangia

Media and entertainment industry expected to reach Rs 2.23 trillion by 2023

March 29, 2021

The Indian Media and Entertainment (M&E) sector is expected to grow by 25% in 2021 and is expected to reach Rs 1.73 trillion (US$23.7 billion) states FICCI-EY report ‘Playing by new rules’ launched today. With its current trajectory, the M&E sector in India is expected to reach Rs 2.23 trillion...

Why Supreme Court upheld Cyrus Mistry’s removal as chairman of Tata Sons

March 27, 2021

After the Supreme Court upheld Tata Sons decision to remove Cyrus Mistry as chairman of the Tata Group on Friday, Rata Tata, Emeritus Chairman of Tata Sons said that the judgement validates values and ethics which are guiding principles of the Tata Group. In a statement issued soon after the...

PRIVATE EQUITY AND VENTURE CAPITAL IMPORTANT IN NEW INDIA JOURNEY: GOYAL

March 22, 2021

Minister of Commerce and Industry, Railways and Consumer Affairs and Food & Public Distribution, Piyush Goyal today said that New India is moving with a New Energy towards a bright future, and Private Equity & Venture Capitalists are our partners in this New Journey towards a New Horizon. Speaking at...

Analysis of assets and liabilities of national & regional parties: FY 2018-19

March 20, 2021

There are a set of accounting standards set for commercial, industrial and business enterprises and these accounting standards are issued by the Institute of Chartered Accountants of India (ICAI). Political parties fall under the non-commercial, non-industrial or non-business entity. Thus, the standard accounting formats of the other entities are not...

Rs 10 lakh crore investment expected in Indian chemical industry by 2025: Union Minister Sadananda Gowda

March 19, 2021

DV Sadananda Gowda, Minister of Chemicals & Fertilizers, Govt of India today said that the Indian chemicals and petrochemicals industry is growing to new heights, and he made it clear that investments worth Rs 10 lakh crore will happen in the industry by 2025. During his speech, Sadananda Gowda also...

India emerging as a global leader in the agro-chemical industry: Parshottam Rupala

March 19, 2021

Parshottam Rupala, Minister of State for Agriculture & Farmers Welfare, Govt of India today said that our farmers are registering an all-time high record production. “When we talk about India, we cannot leave the agriculture sector. When we talk about agriculture, we should be compelled to talk about pesticides, as...

Analysing index numbers of wholesale price in India for the month of February 2021

March 18, 2021

The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing index numbers of wholesale price in India for the month of February, 2021 (Provisional) and for the month of December, 2020 (Final) in this press release. Provisional figures of Wholesale Price Index (WPI) are...

Vijay Darda debuts as lyricist

March 13, 2021

A new facet of chairman of Lokmat Media and former member of Rajya Sabha Vijay Darda is going to be unfolded in public. Through his ‘nazm’ ‘Teri Mahfil Se Uthkar...’, he has made his debut as a lyricist on the digital platform. His ghazal has been sung by Jaipur Gharana’s...

Power Finance Corporation gives Rs 4,058 crore assistance to hydroelectric power project in Bhutan

March 12, 2021

Power Finance Corporation Ltd. (PFC) along with REC Ltd. signed a Memorandum of Understanding (MoU) with Kholongchhu Hydro Energy Ltd (KHEL) for extending a Term Loan of Rs 4,058 Crore for 600 MW Hydro Electric Project at Trashi Yangtse, Bhutan. The project is proposed to be funded in a debt-equity...

$20 billion opportunity for Indian man-made fibre garments

March 11, 2021

Buying houses believe that Indian manmade fibre (MMF) garment exporters can aspire to grab $20 billion business in global MMF garment trade even as the domestic apparel industry works at resolving its limitations. This was among the key takeaways from a virtual B2B meeting on ‘Improving MMF Fabric Options for...

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