The Greater Chennai Corporation councillors on Saturday started a debate on salary for themselves for better local administration. Uma Anandan (BJP) on Saturday was the first to demand salary for councillors, claiming that the people’s representatives should be paid for their work.Deputy Mayor Magesh Kumar said the BJP councillor couldrequest the Centre to amend the…Continue Reading

SynopsisMany of the domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders, an official statement said.(Representative image)ICRA Ratings on Monday said it expects the business prospects for domestic solar original equipment manufacturers (OEMs) to remain strong aided…Continue Reading

States demand GST rate hike on textiles be put on hold

Ahead of the GST Council meeting, several states on Thursday flagged higher tax rate on textile products from January 1 and demanded that the rate hike be put on hold. In the pre-budget meeting chaired by Union Finance Minister Nirmala Sitharaman, states like Gujarat, West Bengal, Delhi, Rajasthan and Tamil Nadu said that they are…Continue Reading

Demand for senior pros in M&A and strategy roles skyrockets

Earlier this week, Piramal Enterprises Ltd appointed former global private equity head for India at KKR Rupen Jhaveri as its new group president, responsible for business development, strategy, M&A, capital allocation and corporate finance. Jhaveri, who spent 13 years at KKR and was part of several marquee transactions, will help Piramal build on its strong…Continue Reading

Departmental Demand For Grants Guillotined Amid Opposition Ruckus In Odisha Assembly

As it has been the norm from the Day One of the ongoing winter session of the Odisha Assembly, the eighth day (Thursday) too saw the opposition disrupting the House proceedings over demands of the ouster of MoS (Home) Dibyashankar Mishra. However, the departmental grants were guillotined in the House after it re-convened in the…Continue Reading