High headlines: PLI for record voltaic, white goods; Oyo denies looking out for monetary catastrophe

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Piyush Goyal | Photo: PTI

Union Railways Minister Piyush Goyal addresses a press conference on cupboard choices, in Contemporary Delhi

Cupboard approves record voltaic and white goods PLI diagram

The union cupboard has common the Production Linked Incentive (PLI) diagram for White Items (Air Conditioners and LED Lights) with a budgetary outlay of Rs 6,238 crore. Addressing a press conference after the cupboard meeting, Union Minister of Commerce & Enterprise Piyush Goyal on Wednesday acknowledged the resolution will add 10,000 Mega Watt capability of integrated record voltaic PV manufacturing flowers, including the PLI schemes will give a astronomical push to India’s manufacturing sector. READ HERE…

Oyo denies looking out for monetary catastrophe

Oyo Accommodations founder Ritesh Agarwal took to Twitter to reject reviews the lodging and slip back and forth dwelling condominium startup has filed for monetary catastrophe after a supplier’s Rs 16 lakh snarl. The entrepreneur tweeted Wednesday his company had before all the issues disputed an unidentified supplier’s snarl for Rs 16 lakh, but in the end paid “beneath explain.” READ HERE…

Fish fry Nation shares erase early losses

Shares of Fish fry Nation Hospitality on Wednesday listed at a decrease stamp of 2 per cent in opposition to its subject stamp of Rs 500, but later bounced relief and closed the day with a jump of 18 per cent. The inventory debuted at Rs 492, a decrease stamp of 1.6 per cent from the topic stamp on the BSE. However, because the synthetic stepped forward it recovered the misplaced ground and jumped 18.08 per cent to shut at Rs 590.40 — its most life like seemingly purchasing and selling permissible restrict. READ HERE…

Punjab CM extends evening curfew to entire tell

Punjab Chief Minister Amarinder Singh on Wednesday announced extension of evening curfew to your entire tell and a ban on political gatherings till April 30, whereas slamming his Delhi counterpart Arvind Kejriwal and SAD’s Sukhbir Badal for his or her “irresponsible conduct” in attending rallies without following COVID-19 protocol. READ HERE…

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First Published: Wed, April 07 2021. 18: 13 IST