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New Delhi: The Union Cabinet has approved the Research Development and Innovation (RDI) Scheme announced in the July Budget last year, with a corpus of Rs 1-lakh crore to provide risk capital to strategic and sunrise sectors, Information and Broadcasting Minister Ashwini Vaishnaw said. The scope of the scheme would range from energy security and transition to quantum computing, robotics, biotechnology and artificial intelligence, the government has said. The scheme aims to provide long-term fi ...Read More >
New Delhi [India], July 1 (ANI): In a significant step to bolster India's research and innovation ecosystem, the Union Cabinet on Tuesday approved research development and innovation (RDI) scheme with a corpus of Rs one lakh crore to scale up research, development and innovation in strategic and sunrise domains. Briefing reporters on the cabinet decisions, Information and Broadcasting Minister Ashwani Vaishnaw said Research Development and Innovation (RDI) Scheme recognises the critical role th ...Read More >
New Delhi: Union Cabinet Tuesday approved the Research Development and Innovation Scheme with a corpus of Rs 1 lakh crore to spur private sector investment in research. The scheme, approved by the Cabinet at a meeting chaired by Prime Minister Narendra Modi, aims to encourage the private sector to scale up research, development and innovation in sunrise domains and in other sectors relevant for economic security, strategic purpose and self-reliance. The scheme aims to provide long-term financi ...Read More >
New Delhi, Jul 1 (PTI) The Union Cabinet on Tuesday approved the Research Development and Innovation Scheme with a corpus of Rs one lakh crore to spur private sector investment in research. The scheme, approved by the Cabinet at a meeting chaired by Prime Minister Narendra Modi, aims to encourage the private sector to scale up research, development and innovation in sunrise domains and in other sectors relevant for economic security, strategic purpose, and self-reliance. The scheme aims to pro ...Read More >
New Delhi, Jun 27: Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the annual performance review meeting of Public Sector Banks (PSBs) in the national capital today. The high-level meeting focused on financial performance, credit growth, digital innovation, financial inclusion, cyber security, and customer service enhancement. Attended by Union Minister of State for Finance Pankaj Chaudhary, Secretary of Financial Services M. Nagaraju, Managing Directors and CEOs o ...Read More >
New Delhi, Jun 27 (PTI) Education loan provider Credila Financial Services has filed its updated draft papers with capital markets regulator Sebi to raise Rs 5,000 crore through the initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,000 crore and an offer for sale (OFS) of shares for Rs 2,000 crore by promoter entity and an investor, aggregating the total size of the public issue to Rs 5,000 crore, according to the updated draft red herring prosp ...Read More >
New Delhi: Increasing foreign investment limit in the insurance sector to 100 per cent from 74 per cent is likely to attract more global players in the growing Indian insurance market, Moody's Ratings said on Tuesday. Additionally, strong premium growth is expected to boost profitability of the sector. Currently, many foreign insurers are present in the country through joint ventures and could seek to increase their ownership stakes in their Indian affiliates following this change in regulatio ...Read More >
New Delhi, Jan 2 (PTI) The initial public offer of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday. The Rs 260-crore initial share sale received bids for 1,92,75,49,293 shares against 84,70,000 shares on offer, according to NSE data. The portion for non-institutional investors fetched a mammoth 501.65 times subscription. The quota for Qualified Institutional Buyers (QIBs) received 242.40 times subscription while the category for Retai ...Read More >
To print this article, all you need is to be registered or login on Mondaq.com. A UCITS management company must be appointed in respect of all Irish UCITS. All management companies must at all times maintain a minimum capital requirement of €125,000 or one quarter of its preceding year's fixed overheads, whichever is the greater. However, additional capital requirements apply to a UCITS management company which manages assets in excess of €250 million where the management company must main ...Read More >
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