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Business Economy


Central Warehouse Corporation achieves highest ever turnover of about Rs 1710 cr

New Delhi, May 22 (UNI) The Central Warehouse Corporation (CWC) achieved highest ever turnover
of about Rs 1710 crore during 2019-20.
The Managing Director of CWC, Mr Arun Kumar Shrivasatava handed over the Dividend Cheque for Rs 35.77 crore to Union Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan here on Friday in the presence of Secretary, Food & Public Distribution, Mr Sudhanshu Pandey and other senior officers of the Ministry and CWC.
Mr Paswan commended CWC for its good performance.
CWC has declared interim dividend for the year 2019-20@95.53 per cent of its paid-up capital as against 72.20 per cent last year. Out of total dividend of Rs 64.98 crore, the Government of India share is Rs 35.77 crore as 55 per cent equity is held by the Government of India. The final dividend for the year 2019-20 shall be declared in the Annual General Meeting of shareholders.
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Toyota Kirloskar Motor clocks 1639 units in May 2020, Resumes production in its plant in Bidadi

31 May 2020 | 8:08 PM

Kolkata, May 31 (UNI) Toyota Kirloskar Motor (TKM) on Sunday announced that the
company sold a total of 1639 units in the month of May 2020.

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Kaveri Seeds sales up by 14 86 pc in FY-20

31 May 2020 | 3:02 PM

Hyderabad, May 31 (UNI) The Board of Directors of Kaveri Seeds Company Limited approved the financial results for the quarter ended May 31, 2020 at its meeting held in Secunderabad on Saturday.

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IndiGrid to acquire Jhajjar KT Transco Private Limited from Kalpataru Power Transmission Limited and Techno Electric & Engineering Company Limited

30 May 2020 | 7:15 PM

Kolkata, May 30 (UNI) India Grid Trust (“IndiGrid”), India’s leading infrastructure investment trust, has announced the execution of SPA for acquisition of 100% stake in Jhajjar KT Transco Private Limited (“JKTPL”) from Kalpataru Power Transmission Limited (“KPTL”) and Techno Electric & Engineering Company Ltd (“TEECL”).

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PFC to provide PPE kits, ambulances to Uttarakhand govt in its fight against Covid-19

PFC to provide PPE kits, ambulances to Uttarakhand govt in its fight against Covid-19

30 May 2020 | 4:43 PM

New Delhi, May 30 (UNI) Power Finance Corporation Ltd (PFC) , the central PSU under Ministry of Power and India's leading NBFC, has come forward to provide financial assistance of Rs 1.23 crore to the Uttarakhand Government to fight the COVID-19 pandemic.

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Production of Natural Rubber rises to 7 12 lakh tonnes in India

30 May 2020 | 1:27 PM

Kottayam, May 30 (UNI) The production of natural rubber in the country rose to 7.12 lakh tonnes, registering a growth rate of 9.4 per cent during 2019-2020.

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