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Use technology to give time-bound services: Srinivas

New Delhi, Sep 12 (UNI) The Corporate Affairs Ministry on Wednesday said it is essential to use technology to provide time-bound services as technology overcomes the limitation space, time and resources.
Unveiling a new logo of the Investor Education And Protection Fund (IEPF) Authority here, Ministry Secretary Inteji Srinivas they required a technology-driven enforcement mechanism without exception.

On the logo, Mr Srinivas said the IEPF logo symbolises the values and mandate of the authority -- promoting investor’s awareness, education and protection.
“The logo pictorially depicts people in the middle symbolises investors, outer hands symbolises protection to investors, pen nib symbolises education of investors and rupee symbol denotes investments,” he added.

Mr Srinivas said for promoting investor education and protection, the IEPF Authority also signed an MoU with the CSC E-Governance Services India Limited to effectively implement the mandate of the authority of educating and protecting investors.

Highlighting the need to synchronise the working of IEPF Authority with the MCA, Mr Srinivas said this whole transaction was part of the Companies Act, 2013 and it will develop as part of MCA21, which is a robust platform created by his Ministry.
Elaborating on the increasing role of the IEPF in the present times, the Secretary said in the past two months, the number of claimants has gone up to 10,000. Earlier, IEPF only had small number of claims around 2,000. Now around 1,500 claims are coming in every month. IEPF has given refund of more than Rs 2,000 crores.

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Two-day Central and State Organisations Conference mulls enhancing quality of data

16 Nov 2018 | 7:33 PM

New Delhi, Nov 16 (UNI) Two-day Central and State Statistical Organisations(COCSSO) Conference
concluded on Friday where a number of recommendations were made on the issues of ensuing and enhancing quality of data brought out by Central and State Governments.

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Infosys Completes Formation of JV with Temasek

16 Nov 2018 | 7:01 PM

Bengaluru, Nov 16 (UNI) Global IT major Infosys on Friday announced that it has completed the formation of a joint venture with Temasek, the global investment company headquartered in Singapore following its announcement the company made on September 7, 2018.

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India, Kyrgyzstan identify potential sectors for engagement

16 Nov 2018 | 6:30 PM

New Delhi, Nov 16 (UNI) India and Kyrgyzstan have identified potential sectors where both sides may engage in areas including healthcare and pharmaceutical, environmental and technical safety.

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Loan pact to support IIFCL signed by Govt, ADB

16 Nov 2018 | 6:25 PM

New Delhi, Nov 16 (UNI) A 300 million dollars loan agreement to support lending by India Infrastructure Finance Company Limited (IIFCL) was signed by the Government and the Asian Development Bank (ADB).

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$105 mln loan agreement signed to support hydropower transmission in HP

16 Nov 2018 | 6:24 PM

New Delhi, Nov 16 (UNI) The Union Government and the Asian Development Bank on Friday inked a 105 million loan-pact to continue financing the transmission system upgrades in Himachal Pradesh for increased supply of hydropower to the state and the national grid.

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