CTN PRESS

CTN PRESS

NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY

Mega textile park scheme awaits Cabinet nod: Govt to Parliament

The government informed Parliament on Thursday that the proposed scheme to launch seven mega investment textile parks (MITRA) is awaiting approval of the Cabinet.“The proposed scheme of setting up MITRAs by the Ministry of Textiles is in the process of obtaining approval of the Cabinet. Once the scheme is approved and modalities are decided, the […]

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Baroda Asset Management India appoints Suresh Soni as Chief Executive Officer

Baroda Asset Management India has appointed Suresh Soni as chief executive officer with effect from August 3, 2021.Soni is a seasoned asset management professional with over 25 years of experience spanning across investment and business management. He has worked with start-ups as well as global giants and across retail as well as institutional clients. In

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Cochin airport begins flight operations to UAE

With the issuance of a new travel protocol by the UAE government, accepting passengers from India, who adhered to the prescribed regulations, Cochin International Airport Limited (CIAL) started departure flight operations early on Thursday. UAE Airlines, Air Arabia and Emirates operated one service each to UAE today, a CIAL release said.Air Arabia flight G9-426 departed

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Bank of Maharashtra waives processing fee on gold home car loans till September 30

State-run on Thursday announced various offers for its retail customer, including waiver of processing fee for gold, housing, and car loans till September 30, 2021. The lender is offering housing loans and car loans at an interest rate starting from 6.90 per cent and 7.30 per cent respectively, a release said.The retail loan products are

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Suzuki Motor expects 12.6% decline in operating profit this fiscal

Japanese automobile maker Suzuki Motor Corporation (SMC) on Thursday said it expects a 12.6 per cent decline in operating profit at 170 billion yen for this fiscal due to increase in raw material cost and R&D expenses, besides unclear outlook on the ongoing semiconductor shortage. Previously, the company did not issue any earnings guidance for

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