IRCTC, Rail Vikas Nigam Ltd and Goa Shipyard Limited were told last month to pay “maximum permissible dividend (100 percent of profit after tax) as dividend” as there was “enough scope to leverage its net worth to meet their investment requirements”.
A ministry’s order of August 2017 directs both NOCs to submit to the DGH all data relating to drilling activities for each petroleum exploration license (PEL) and petroleum mining license (PML) in fields given to them through nomination.
Sebi on Monday may also look to approve a proposal where a REIT or InvIT can raise debt capital by issuing bonds. Sebi is also expected to do away with the mandatory requirement for a REIT to hold at least two projects.
Last April, the Ministry of Corporate Affairs (MoCA) had asked individual stakeholders to obtain Aadhaar to weed out bogus entities and identify shell companies suspected to be used for laundering illicit funds.
While the national exchequer would contribute Rs 113 per tonne, urea producers would have to forgo Rs 107 per tonne as the incentive given to manufacturers for neem coating the fertilizer would be brought down to Rs 161 per tonne from the existing Rs 268 per tonne.
The Haldia closure decision comes just three months after fertiliser minister Ananth Kumar promised the revival of all closed fertiliser projects under a two-pronged strategy to realise Prime Minister Narendra Modi’s vision of ‘Fertilizer Security for Food Security’.
The ED has argued that the share price agreed to be paid by Tata Sons at Rs 58 per share was much higher than the fair market value of Rs 23.34 per share on 10 November, 2014 — the date when Tata Teleservices applied for RBI approval for making the payment to DoCoMo.
In order to facilitate FDMC functioning, it also seeks “consequential amendments” in the RBI Act, Banking Regulation Act and the Payment and Settlement Systems Act as their confidentiality clauses do not allow access to raw data.
The Sports Ministry has begun the groundwork to frame a legislation to legalise online sports betting in India. According to a ministry official, informal consultations have already been held with various stakeholders in the government. However, it may take at least two years for the ministry to prepare a draft.
Sources said instructions have come from the Prime Minister’s Office to prepare a broad outline of modalities for selecting private individuals for appointment in the ranks of deputy secretary, director and joint secretary.
From grooming 1,000 athletes for the 2028 Olympics to making sports compulsory at schools and hosting major international events, these are some of the key points that feature in an action taken report on the recommendations of a group of secretaries recently
Sources said this deadline was conveyed by the Cabinet Secretariat last month and could be aimed at dovetailing the subsidy payout with the government’s plan to align the financial continued on year with the calendar year
The government plans to bid out 30 million tonnes of reserves in the first phase to augment coal production beyond the target of one billion in 2020 set by Coal India plus the enhanced production expected from the coal blocks allotted or auctioned for captive end use.
The PMO instruction, conveyed verbally, asked for biometric attendance record for the months of April and May — including hours spent, if any, at work on weekends and holidays. The report had to be sent in sealed cover, sources said.
The recruitments were stopped after the High Court stayed the process following a petition in 2014 seeking a ban on PSUs opting for campus placement at premium or private colleges, thereby excluding students from government institutes.