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Denied BJP ticket, Khumukcham Jibon to still support BJP candidate

K Jibon said that before the announcement of BJP tickets, he was also one of the aspiring candidate from Oinam assembly constituency. However, he has no regret with the decision of party’s command regarding the distribution of BJP tickets, he said. ....

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1993-batch bureaucrat Gagandeep Singh Bedi appointed Chennai Corporation Commissioner


Express News Service
CHENNAI: Senior IAS officer from the 1993 batch, Gagandeep Singh Bedi, has been appointed as the Chennai Corporation Commissioner by the DMK government, as the city finds itself in a tough spot battling the Covid-19 pandemic. 
According to a government order by Chief Secretary V Irani Anbu, Bedi, who was the Principal Secretary of the State Agricultural Department, will replace the
Though Bedi is a very senior officer for the role of Corporation Commissioner, it appears that he has been appointed due to the Covid-19 crisis, given his expertise in handling natural disasters like the Tsunami and Cuddalore floods in the past.  ....

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Pandemic may bring back plan for a new credit enhancing NBFC


Pandemic may bring back plan for a new credit enhancing NBFC
​ By
IANS
|
Published on
​ Tue, Dec 15 2020 19:51 IST
|
​ 6 Views
Non-Banking Financial Company (NBFC).. Image Source: IANS News
New Delhi, Dec 15 : The government may give the go-ahead for a new credit enhancement non-banking finance company (NBFC) that will act as a guarantor for lower-rated bonds issued by infrastructure companies to help them raise funds at competitive rates.
A credit enhancement structure or a company helps in lifting the ratings of a specific project or a Special Purpose Vehicle (SPV) executing that project, making it easier for them to mobilise funds from the market at attractive rates. ....

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