Monthly Archives: November 2019

November, 2019 |_40.1

Aditya Birla Finance becomes first NBFC to list commercial paper on bourses

Non-bank lender Aditya Birla Finance became the first company to list its commercial papers borrowing of Rs 100 crore on the bourses. The Kumarmangalam Birla-led company listed its CPs on NSE with a value date of November 28, 2019, and maturity date on February 7, 2020, on BSE and NSE, both the bourses. ABFL is […]

November, 2019 |_50.1

HR Khan Appointed as chairman of MFI panel

Former deputy governor of RBI, HR Khan has been appointed as the first chairman of the steering committee of the Code for Responsible Lending (CRL) in micro-credit. The CRL is a self-regulatory step for the micro-credit industry making diverse entities like banks, NBFC-MFIs and NBFCs adhere to standards of customer protection. CRL was launched in […]

November, 2019 |_60.1

RBI Imposes Rs 1.50 crore penalty on Corporation Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 1.50 crore on Corporation Bank for non-compliance with certain provisions of directions issued by RBI. The penalty has been imposed in the exercise of powers vested in the RBI under the provisions of Section 47 A (1) (c) read with Section 46 […]

November, 2019 |_70.1

Australian Steve Smith becomes fastest Cricketer to reach 7,000 Test runs

Steve Smith became the fastest cricketer to score 7,000 Test runs, shattering a record that had stood since 1946, while moving past Donald Bradman to become Australia’s 11th highest scorer. The 30-year-old took a single off Muhammad Musa during the second Test against Pakistan in Adelaide to reach the milestone and take possession of a […]

November, 2019 |_80.1

India’s GDP growth further dips to 4.5% in July-Sept

India’s GDP growth hit an over six-year low of 4.5 percent in July-September 2019, dragged mainly by the deceleration in manufacturing output and subdued farm sector activity. The Gross Domestic Product (GDP) growth was recorded at 7 percent in the corresponding quarter of FY 2018-19. In the previous quarter of the ongoing fiscal, economic growth […]

November, 2019 |_90.1

Former PM of Japan, Yasuhiro Nakasone Passed Away

Yasuhiro Nakasone, one of Japan’s longest-reigning Prime Ministers and known for his friendship with Ronald Reagan, has passed away at the age of 101. Nakasone, Prime Minister from 1982 to 1987, shared the world stage with Reagan and Margaret Thatcher while battling with bureaucrats over domestic reforms. In 1983, he became the first Japanese premier […]

November, 2019 |_100.1

Central Govt extends deadline for FASTags to 15th December

The Transport Ministry has extended the 01st December deadline for 100% electronic toll collection across National Highways in the country by two weeks (15th December). This comes as the government wants to allow a 15 days’ breather for vehicle owners to switch to FASTags. FASTag is a sticker that has to be put at the […]

November, 2019 |_120.1

ISRO transfer space-grade Li-Ion cell technology to BHEL

ISRO has transferred its indigenous technology to produce space-grade Li-Ion cells to Bharat Heavy Electricals Limited (BHEL). In March 2018, BHEL signed the Technology Transfer Agreement with ISRO for acquiring the Li-Ion Cell production technology. This production facility is primarily targeting to meet Li-Ion Cell requirements for ISRO and other strategic sectors. BHEL can also […]

November, 2019 |_130.1

‘Particles’ wins the Golden Peacock Award at IFFI 2019

‘Particles’ directed by Blaise Harrison and produced by Estelle Fialon has won the coveted Golden Peacock Award at the 50th International Film Festival of India (IFFI), which concluded in Goa on November 28, 2019. The Golden Peacock Award carries a cash prize of Rs 40 lakhs to be shared equally between the Director and the […]