logo
Yasaswini distributes CMRF cheques

Yasaswini distributes CMRF cheques

Hans India18-07-2025
Hanumakonda: Palakurthi MLA M Yasaswini Reddy on Thursday distributed Chief Minister Relief Fund (CMRF) cheques worth Rs 52,35,700 to 158 beneficiaries at her camp office.
She handed over financial assistance sanctioned through the CMRF.
The MLA stated that although the government is facing financial challenges, it has not stepped back when it comes to welfare of the poor. She praised the CMRF for being a great support to the economically weaker sections suffering from health issues. Reddy added that despite paying interest every month on debts accumulated during the BRS rule, the government continues to allocate funds for development and welfare schemes. She said this programme serves as a great platform for directly delivering government support to each person.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Stock Market Heats Up: 14 IPOs Including NSDL And 10 SMEs Launch Next Week
Stock Market Heats Up: 14 IPOs Including NSDL And 10 SMEs Launch Next Week

India.com

time29 minutes ago

  • India.com

Stock Market Heats Up: 14 IPOs Including NSDL And 10 SMEs Launch Next Week

New Delhi: Next week, starting Monday, the Indian stock market will see a busy week with 14 new companies offering their shares to the public through Initial Public Offerings (IPOs). These IPOs are on both the main stock market and the smaller SME segment, and together they aim to raise more than Rs 7,000 crore. One big IPO to watch is from the National Securities Depository Limited (NSDL), opening on Wednesday. NSDL is India's largest company that handles the records of stocks and securities. The NSDL IPO is only a sale of existing shares and is priced between Rs 760 and Rs 800 per share. Experts expect strong demand from big investors because NSDL plays an important role in India's stock market. Other mainboard IPOs coming up include Aditya Infotech (an IT company focusing on cloud and AI), Laxmi India Finance (a finance company serving small businesses and rural customers), and Sri Lotus Developers (a real estate company). These companies' shares will open for subscription on Tuesday and Wednesday. On the SME side, smaller companies like Kaytex Fabrics, Renol Polychem, Cash Ur Drive, and others will also offer shares next week. Their issue sizes range from Rs 20 crore to Rs 130 crore. In addition to new IPOs, many companies are set to be listed (start trading) next week on the main and SME boards. For example, Indiqube Spaces and GNG Electronics will be listed on Wednesday, Brigade Hotel Ventures on Thursday, and Shanti Gold International on Friday. Several other small companies will also begin trading on the SME board. After a steady first half of 2025, IPO activity in India is expected to pick up, thanks to good market conditions and a healthy list of companies ready to raise money by selling shares to the public. IPOs help companies raise funds by selling ownership shares to investors, allowing the public to become shareholders.

Good news for Anil Ambani as Reliance Group plans to invest massive Rs 18000 crore in...., plan is to...
Good news for Anil Ambani as Reliance Group plans to invest massive Rs 18000 crore in...., plan is to...

India.com

time29 minutes ago

  • India.com

Good news for Anil Ambani as Reliance Group plans to invest massive Rs 18000 crore in...., plan is to...

Anil Ambani (File) Good news for Anil Ambani: In a significant update for Anil Ambani, Anil Ambani's Reliance Group has charted a massive Rs 18,000 cr growth path with a focus on defence, power and clean energy sectors to chart the next phase of growth that will train resources on innovation and value creation, it said on Sunday. At a time when financial crime-fighting agency, Enforcement Directorate concluded searches at locations linked to the group as part of an investigation into alleged money laundering and siphoning of public funds, over 100 top leaders from its two listed firms — Reliance Infrastructure and Reliance Power — convened in Mumbai on Sunday to reaffirm their commitment to its ambitious growth roadmap. 'After the unanimous approval by the Board of Directors of Reliance Infrastructure and Reliance Power, just a week ago by both boards to raise Rs 18,000 crore by way of equity and debt to fund growth across defence and aerospace and renewable energy sectors, the meeting reflected unity of purpose, renewed vigour and a shared resolve to deliver long-term value for stakeholders,' the group said in a press statement. The two listed firms in separate statements earlier in the day stated that the action by ED has concluded and that the company and its officials have fully cooperated with the authority. 'Action by ED has no impact on business operations, financial performance, shareholders, employees, or any other stakeholders of the company,' they said. In the statement on the leadership meeting, the group said its two listed companies — Reliance Infrastructure and Reliance Power — are 'nearly debt-free, have net worths of Rs 14,883 crore and Rs 16,431 crore, respectively, and have 50 lakh public shareholders, one of India's largest shareholder family.' The leadership meet, it said, spotlighted high-growth verticals driving the group's future strategy. Reliance Infrastructure's focus will be on defence and aerospace, which includes plans to manufacture Falcon 2000 business executive jets in India for global markets in partnership with Dassault Aviation of France, strategic partnership with US-based Coastal Mechanics to establish MRO and overhaul hub in Maharashtra, partnership with defence manufacturer Rheinmetall AG of Germany, and strengthening strategic partnership with Diehl Defence of Germany for guided munition/terminally guided munition (TGM). (With inputs from agencies)

Rs 140 crore in perks: Tata Sons Chairman N Chandrasekaran's FY25 pay package totals over Rs 155 crore
Rs 140 crore in perks: Tata Sons Chairman N Chandrasekaran's FY25 pay package totals over Rs 155 crore

Indian Express

time29 minutes ago

  • Indian Express

Rs 140 crore in perks: Tata Sons Chairman N Chandrasekaran's FY25 pay package totals over Rs 155 crore

Tata Sons Chairman N Chandrasekaran Salary: Tata Sons Chairman N Chandrasekaran is among the highest-paid industry leaders in India. In its annual report, the principal investment holding firm of the Tata Group of companies, said that the N Chandrasekaran's total remuneration in FY25 was at Rs 155.81 crore, up 15 per cent from Rs 135.32 crore in FY24. This huge pay package includes Rs 15.12 crore in salary and other compensation, along with Rs 140.69 crore as commission on profits for the financial year 2024-25. According to details available, Chandrasekaran joined the Board of Tata Sons in October 2016 and was appointed Chairman in 2017. Before becoming the Chairman, he served as the Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS), the country's largest IT services firm. The IT giant is set to lay off about 2 per cent of its workforce (around 12,200 employees) in the financial year 2025-26. The move is likely to impact primarily employees at the middle and senior management levels. According to Reuters, the Tata Group company is retraining and redeploying staff as it enters new markets, invests in new technology and deploys AI, but over 12,000 jobs will be cut as part of the process. 'This transition is being planned with due care to ensure there is no impact on service delivery to our clients,' the company said, reports Reuters. Earlier this month, during earnings conference call, Milind Lakkad, Executive Vice President and Chief Human Resources Officer (CHRO) at TCS said that the workforce at the end of the first quarter was 6,13,069. 'Net attrition during the quarter was over 5,000 employees. We have honored all the job offers, and we'll do so for the rest of the year. Lateral hiring will be recalibrated based on the demand outlook,' he said, as per the exchange filing.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store