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Maha unveils new EV policy, sets 10 pc share in total registrations by 2025

”The policy has some ambitious targets. Electric vehicles must comprise at least 10 per cent of total vehicles registered by 2025. We also want to achieve 25 per cent EV share in public transport in Mumbai, Pune, Nagpur, Aurangabad and Nashik. It includes converting 15 per cent of the MSRTC fleet into EVs by 2025. We also intend to make Maharashtra the top producer of battery driven EVs in India in terms of annual production capability,” Singh said.

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Govt sets up Asset Reconstruction Company to free up banks for credit push

The firm was registered as the National Asset Reconstruction Company Ltd. on July 7 with Padmakumar Madhavan Nair as the managing director, according to filings with the Registrar of Companies, where firms must register before becoming operational.

NARCL’s paid-up capital is Rs 74.6 crore ($10 million), according to the filing. Nair previously worked at the State Bank of India where he handled stressed assets resolution.

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CMs of north-eastern states share concerns regarding Covid with PM

While all CMs have put forth their preparedness plans to deal with third wave and acknowledged that cases are on the decline, Mizoram CM Zoramthanga did speak about problems the state is facing due to the porous border with Myanmar and Bangladesh and cases are coming across the border. Union Home minister Amit Shah too was present at the meeting.

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BFSI, healthcare industries, and IT & knowledge services witness a 10 per cent growth in salaries:Report

Rituparna Chakraborty, co-founder and executive vice-president of TeamLease Services, said, “Though employers are still cautiously optimistic, they are trying to minimise the COVID-19 gloom and are correspondingly making pay decisions. But, what is standing out is the trend of betting big on skills that will help them to ensure business continuity while fostering a spirit of innovation and growth.”

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