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Govt modifies emergency credit line guarantee scheme for civil aviation sector

05 Oct 2022 | 6:37 PM

New Delhi, Oct 5 (UNI) The government has modified the Emergency Credit Line Guarantee Scheme (ECLGS) to give the civil aviation sector necessary collateral-free liquidity at reasonable interest rates to tide over their present cash flow problems, an official statement said on Wednesday.

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World gas prices in Aug rose by 250pc year-on-year

World gas prices in Aug rose by 250pc year-on-year

05 Oct 2022 | 5:27 PM

Geneva, Oct 5 (UNI) Energy prices in the world in August increased by 78% year-on-year, while gas prices rose by 250%, according to the World Trade Organization (WTO) its fresh report released on Wednesday.

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SHF launches new loan products

SHF launches new loan products

05 Oct 2022 | 12:11 PM

Chennai, Oct 5 (UNI) Sundaram Home Finance (SHF), a wholly
owned subsidiary of Sundaram Finance, today announced the
launch of customized business loan product for small traders,
shops and business owners.

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ZEEL receives approval from CCI for proposed merger with Sony

04 Oct 2022 | 10:14 PM

Mumbai, Oct 4 (UNI) ZEE Entertainment Enterprises Ltd (ZEEL) on Tuesday said that it has received an approval from the Competition Commission of India (CCI) for its proposed merger with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India Private Limited).
The CCI has granted the approval in Phase-1 after evaluating the official legal and economic submissions made by the company, a statement from the company said

"Considering the immense value which the proposed merger will generate for all its stakeholders, the Company has offered the necessary remedies in accordance with the regulator’s guidelines. Detailed order is awaited," the statement said.

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Jio to start beta trial of 5G services on Dussehra in 4 cities

Jio to start beta trial of 5G services on Dussehra in 4 cities

04 Oct 2022 | 9:53 PM

Mumbai, Oct 4 (UNI) Reliance Jio on Tuesday announced the launch of Beta trial of its 5G services on the auspicious occasion of Dussehra for its users in four cities of Mumbai, Delhi, Kolkata, and Varanasi.

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