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Nano-Satellites Built By Startups Augurs Well For Private Sector’s Future Endeavours: IN-SPACe

The three nano-satellites developed by startups which were successfully placed into orbits during Saturday’s PSLV C54/EOS-06 mission would have significant bearing in the private sector’s future endeavours, a top official of space regulator Indian National Space Promotion and Authorisation Centre (IN-SPACe) said. Read on for details:

IMCG partners with RBL Bank to Offer Mortgage Guarantee Backed Home Loans

India Mortgage Guarantee Corporation (IMGC), India’s first and only Mortgage Guarantee Company, announces its strategic partnership with RBL Bank, one of the leading private sector banks in India, to offer innovative Mortgage Guarantee (MG) backed home loan products for salaried and non-salaried prospective customers. Read more on Dynamite News:

69-year-old ‘wrong step’ of nationalisation of private airlines has been corrected: Jyotiraditya Scindia

A 69-year-old mistake started through the wrong step of nationalisation of an airline that actually belonged to the private sector has been corrected, said Union Civil Aviation Minister Jyotiraditya Scindia on Friday.

Allow employees to work from home: Delhi govt to private sector

The Delhi government on Friday advised all private-sector employers to allow their employees to work from home till Mar 31, in a bid to counter COVID-19.

Business: Moratorium on Yes Bank to be lifted on March 18

The government has notified the Yes Bank reconstruction scheme as per which the moratorium on the troubled private sector lender will be lifted on March 18.

Yes Bank stock crashes by 55 pc, NSE cancels its F&Os from May 29

Shares of Yes Bank crashed by 54.89 per cent on Friday morning, a day after the Reserve Bank of India (RBI) said it is superseding the board of troubled private sector lender with immediate effect.

Nirmala Sitharaman invites private sector in Defence

Defence Minister Nirmala Sitharaman on Monday said the private sector should invest in the Defence sector because the area has vast opportunities.

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