Author: PTI

Piramal Enterprises Monday said has divested its entire stake in asset financing firm Shriram Transport Finance company for approximately Rs 2,305 crore. As on 31 March, Piramal Enterprises held 2.26 crore shares amounting to 9.96 per cent stake in Shriram Transport Finance Company.

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Ride hailing major Uber is piloting a 24×7 on-trip helpline to boost the safety of its passengers, company sources said. The security measure seeks to address the need for direct human intervention instead of a callback after a lag, they said.

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Industry body Pellet Manufacturers Association of India (PMAI) has asked the government to increase export duty on iron ore with more than 58 per cent iron content by 20 per cent. In a letter to the Prime Minister’s Office (PMO), PMAI has asked ‘for an an increase in export duty on iron ore of +58 plus Fe content from current 30 per cent to 50 per cent.’

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The Union Cabinet, chaired by Prime Minister Narendra Modi, in its first meeting recently approved the summoning of the 17th Lok Sabha on 17 June (Monday) and subject to the exigencies of Government Business, the session will conclude on 26 July (Friday), an official statement said.

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India lived up to their billing and thrashed South Africa 5-1 in the summit clash to win the FIH Series Finals hockey tournament here Saturday. Coming into the tournament as overwhelming favourites, world no. 5 India played like champions and remained unbeaten throughout the tournament.

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