ICAI elects New Torchbearers for the year 2022-23 

Bhubaneswar: The Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President  & Vice-President for the term 2022-23. CA. (Dr.) Debashis Mitra has been elected as the President and CA. Aniket Sunil Talati has been elected as the Vice-President of The Institute of Chartered Accountants of India w.e.f. February 12, 2022. A visionary with strong academic leaning and having…

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Pvt sector participation in infrastructure development encouraging, but innovative financing holds the key: Infomerics

India’s infrastructure development has witnessed growing private sector participation in 2020-21 according to Infomerics Valuation and Rating Pvt Ltd, the noted SEBI-registered and RBI-accredited financial services credit rating company. However, requirements of infrastructure have surged because of inadequate coverage and service level, poor service quality, institutional delinquencies and high administrative costs, among other factors. These…

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Punjab National Bank holds 20th AGM through Video conference

New Delhi : Punjab National Bank, the nation’s leading public sector bank, held the 20th Annual General Meeting (AGM) of the Bank’s shareholders. Amidst the prevailing Covid-19 situation, the Bank conducted its AGM through video conference, without the physical presence of shareholders at a common venue, in accordance with guidelines issued by SEBI and MCA….

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RELIANCE RETAIL VENTURES ACQUIRES 40.95% STAKE IN JUST DIAL LIMITED FOR Rs 3,497 CRORES

Mumbai: Reliance Retail Ventures Limited has announced acquisition of controlling stake in Just Dial Limited for a total consideration of Rs 3,497 crores. Reliance Retail Ventures Limited to hold 40.95% and would make an open offer to acquire upto 26.0% in accordance with takeover regulations. Reliance Retail Ventures Limited (“RRVL”), Just Dial Limited (“Just Dial”)…

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