1.SBI will sell eight NPA accounts to recover dues of Rs 3,900 crore :-
State Bank of India (SBI) will sell eight non-executed assets (NPAs) for recovery of dues exceeding Rs 3,900 crore. For this, the bank has floated tenders from property restructuring companies (ARCs) and financial institutions (FIs).
In a tender document on its website, the bank said, “In keeping with the regulatory guidelines, as per the amended policy of the bank about the sale of financial assets, we will sell these accounts to ARC, banks, NBFCs and FIs with the above mentioned terms and conditions. Let’s issue the tender. ”
The largest amount in these accounts is Rs 1,320.37 crore. It is owed at Kolkata-based Rohit Ferro Tech. After this, Indian Steel Corporation Limited has Rs 928.97 crore, Jai Balaji Industries has Rs 859.33 crore, Mahalaxmi TMT Pvt Ltd has Rs 409.78 crore, Impex Ferro Tech with Rs 200.67 crore, Kohinoor Steel Private Limited has Rs 110.17 crore, Modern India Concast has outstanding balance of Rs 71.16 crore and Ballarpur Industries has Rs 47.17 crore.
2.After the announcement of the merger, the share of Bank of Baroda rolled 16%, Dena Bank raised 20% :-
In Tuesday’s turnover, shares of Bank of Baroda and Dena Bank increased. Bank of Baroda’s counters dropped 16 per cent and Dena Bank’s up to 20 per cent. It has been seen after the announcement of this sharp merger.
On the BSE, the share of Bank of Baroda rose by 16.03 per cent to 113.45. On the other hand, Vijaya Bank has closed 5.69% down at 56.40 level.
On the BSE, the market valuation of Bank of Baroda decreased by Rs 5726.62 crore to Rs 30013.38 crore. Vijaya Bank’s market cap declined by Rs 442.61 crore to Rs 7355.39 crore. On the other hand, Dena Bank’s shares closed at 19.10 per cent with a rise of 19.10 per cent.
3.Revolution in Rail Network: To reduce pollution, Germany will run with hydrogen gas :-
With increasing pollution, the whole world is disturbed. All measures are being taken to reduce this. This link Germany started the hydrogen-powered train “Hydreul”. This will reduce pollution, hence the train has been called eco-friendly. This train will bring a revolution in the rail network in the form of hydrogen train in the coming time. It will start a distance of 100 kilometers in the beginning, in the meantime this town and towns will pass through Kakshawan, Bremerhaven.
France’s multinational company Alstom has prepared this train. There are several stages of train trials in Germany since March last. French company Alstom’s Yannes Sprote says that the new train makes 60 percent less noise than conventional diesel engines. It is completely emission free. Its speed and ability to carry passengers is also like the diesel train. This train has been prepared for traveling at a lower cost, keeping in mind the environmental problem.
4.Shri Ahluwalia launches C-DAC Information Media Server (CIMS) :-
Minister of State for Electronics and Information Technology Shri S. s. Ahluwalia launches C-DAC Information Media Server (CIMS) for good governance.
The C-DAC Information Media Server (CIMS) is a computer tool with a special application software to provide audio and video on demand. This low cost low cost system is built with a single board computer with powerful and energy efficient multicore processors. It does not require any special internet service provider or data connectivity. It includes general features such as displaying text, viewing photos, streaming videos, e-brochures, for viewing or downloading for offline reference.
5.Prime Minister Narendra Modi and Prime Minister Sheikh Hasina jointly unveiled the e-plaque for the foundation stone of two projects :-
Prime Minister Narendra Modi and Prime Minister Sheikh Hasina of Bangladesh jointly unveiled the e-plaque for the foundation stone of two projects through video conferencing. In this program, Indian Foreign Minister Smt. Sushma Swaraj and Minister of Petroleum and Natural Gas Shri Dharmendra Pradhan also joined.
These projects include (A) India-Bangladesh friendly pipeline (B) Dhaka-Tongi-Jaidebpur rail project.
On this occasion, the Prime Minister described the cooperation between the two countries as an example for the world. He said that both countries are geographically neighboring and are emotionally family. He said that the proposed pipeline will not only energize Bangladesh’s economy but will also strengthen relations between the two countries. He expressed confidence that the proposed rail project would contribute to the strengthening of national and urban transport in Bangladesh.
6.Dr. Jitendra Singh inaugurates ‘All India Pension Court’ :-
Union Minister of State for North Eastern Region (Independent Charge), PMO, Personnel, Public Grievances and Pensions, Atomic Energy and Minister of State for Space, Dr. Jitendra Singh inaugurated the ‘Pension Adalat’ in New Delhi. It was organized by the Department of Personnel, Public Grievances and Pension, Government of India, Pension and Pensioner Welfare Department. In order to make significant contribution in the work of organizing institutional memory for the departments, they provided ‘Experience’ Award 2018 to six pensioners. On this occasion, Dr. Jitendra Singh also released a book called ‘An Era of Continuous Improvement for the Pensioners of Central Government’ in which the simplification of the rules and the grievance portal was strengthened and adopted to make it user-friendly. Steps have been mentioned.
7.Madan Mohan Jha new President of Bihar Pradesh Congress :-
Congress has appointed former minister Madan Mohan Jha as the new president of the party’s state unit in Bihar and has appointed four acting presidents along with him.
Congress General Secretary Ashok Gehlot said in a press release that party President Rahul Gandhi has appointed Mr. Jha as the President of Bihar Pradesh Congress Committee and Dr. Ashok Kumar, S / Shri Kokab Kadri, Sameer Kumar Singh and Shyam Sunder Singh Dhiraj as the Executive Chairman. Apart from this, Dr. Akhilesh Prasad Singh has been appointed the head of the campaign committee. Shri Gandhi has constituted a 23-member working committee and 19-member advisory committee for Bihar State unit. The state unit will remain as special invitees in the main working committee of associate organizations, while the All India Congress Committee’s office from Bihar will remain as permanent invitees in the Advisory Committee.
8.9100 crores of defense deals approved :-
The government approved the defense deals of Rs 9100 crore while taking steps towards equipping armed forces with state-of-the-art weapons and equipments.
Purchase of two regiments of indigenous sky missile system in the Defense Purchase Council meeting here under the chairmanship of Defense Minister Nirmala Sitharaman, Approval for developing equipment and directional weapon system for under-water breathing system for T-90 tanks given.
According to the officials of the Ministry of Defense, the sky missile system will be purchased from Bharat Dynamics Limited in the “Buy from Country” category. These will be an upgraded version of existing sky missiles. The state-of-the-art technology missile will be able to strike anywhere in 360 degrees on any direction.
9.SEBI revised the share buyback rules, the focus of clarity in public declaration :-
Capital market regulator Sebi has amended the rules of buyback (buyback) rules and made provisions for making public declarations more clear about this.
The capital market regulator has also said that credit rating agencies will not do anything other than the ratings of the securities offered by the public or rights issue.
The regulator has said the rating company has enacted the rule of fixing the rating of financial securities and dividing it into separate companies besides economic or financial research and analysis work. It has been given two years time.
SEBI has said that the review of the existing rules of procurement of shares of the companies from the market by the companies has been done to simplify the public declaration related to it, to remove the discrepancy and to enhance its context according to the new company act. . The new company law is applicable from April 2014.
10.Ind vs HK: India won the match :-
In the Asia Cup, India defeated Hong Kong by 26 runs in their first match. Although India had to work hard for this victory. India batted first, scored a score of 285 for seven wickets in 50 overs. In reply, Hong Kong could only score 259 runs From India, Yuswendra Chahal and Khalil Ahmad took 3 and Kuldeep took 2 wickets. At the same time, both openers Anshuman and Nizakat scored half-century from Hong Kong.
11.It is compulsory to place high security number plate in registered vehicles in Delhi. If this is not the case, you may have to go to jail even after financing :-
The Delhi Transport Department has decided to run a campaign against such trains from October, in which high security number plates are not taken. This campaign will run from October 14. In order to provide relief to the vehicle owners, the process of introducing high security number plates from October will start till October 13.
12.Centers to be opened in Delhi –
let us know that there are more than 10 million vehicles in the capital Delhi. In the new vehicles, there are already high security number plates, whereas old cars and two-wheeler vehicles will be given time till October 13 to change the number plate. To change the number plate, 13 centers will be opened in Delhi. If needed, their number can be increased or other options will be arranged.
13.In order to control the crowd at special software centers –
Delhi Transport Department has created special software, with the help of which people can apply online on the department’s website to change the number plate. On the basis of application, token will be given to the concerned person, which will contain information about time and date. All other procedures including fees will be online. For two-wheelers, Rs 67 and Rs 4 for four-wheeler vehicles may have to pay.
