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India Grid Trust Board to consider fund raising via debt issue

Pamplin Media Group - Oregon Senate vote sends gun legislation to Gov Brown

May 05 2021 Final bill combines requirements for locks and safe storage with a ban on firearms in some public places. .Gov. Kate Brown is the final stop for the Oregon Legislature s major gun legislation of 2021. The Senate voted Wednesday, May 5, to accept the House version of a bill that combines requirements for locks and safe storage of firearms with a narrowed ban on concealed-handgun license holders bringing firearms into some public places. The vote was 17-7. Sen. Betsy Johnson of Scappoose was the lone Democrat to join six Republicans in opposition to the revised Senate Bill 554. Five Republicans and one independent were recorded as excused or absent.

UTI AMC gains after turnaround Q4 numbers

UTI Asset Management Company (UTI AMC) rose 2.07% to Rs 621.55 after the company reported a consolidated net profit of Rs 133.92 crore in Q4 FY21 compared with net loss of Rs 25.48 crore in Q4 FY20. Total income during the quarter increased 100.7% to Rs 292.98 crore from Rs 145.98 crore recorded in the corresponding quarter last year. Operating expenses declined by 12% to Rs 141 crore in Q4 FY21 over Q4 FY20. The asset manager reported a pre-tax profit of Rs 151.62 crore in Q4 March 2021 as against a pre-tax loss of Rs 14.97 crore in Q4 March 2020. UTI MF March 2021 Quarterly Average Assets Under Management (QAAUM) stood at Rs 1,82,853 crore. For the quarter ended 31 March 2021, equity assets (active+passive) contributed 51% to UTI MF s total average AUM.

India Inc Steps Forward To Augment The Availability Of Medical Oxygen In Different Parts Of The Country: CII

The Confederation of Indian Industry (CII) has formed a Task Force on Oxygen Supply Chain to work with Central and State Governments to augment oxygen supply by working on domestic capacity enhancement and imports; logistical issues between States including issues of transportation, non-availability of cylinders; policy-level interventions, and so on. With unprecedented rise in Covid-19 cases and acute shortage of medical oxygen pushing the hospitals in the country to the edge, India Inc has once again come forward to lend a helping hand to strengthen the fight against the pandemic. A host of industry majors have been stepping forward to keep the supply chain moving and augment the availability of medical oxygen in different parts of the country.

NAM India reccords PAT of Rs 167 cr in Q4

Nippon Life India Asset Management (NAM India) reported a consolidated net profit of Rs 167 crore in Q4 FY21 compared with net profit of Rs 4 crore in Q4 FY20. Total income during the quarter increased by 142% year-on-year (YoY) to Rs 362 crore. Nippon Life India Asset Management is an asset manager of Nippon India Mutual Fund (NIMF). For the quarter ended 31 March 2021, NIMF s average assets under management was Rs 2,28,586 crore, an increase of 12% year-on-year. For the quarter ended 31 March 2021, share of equity assets rose to 40.6% of NIMF s AUM as against 39.1% for the quarter ended 31 December 2020. However, it is lower compared with 42% for the quarter ended 31 March 2020.

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