The Kalinganagar plant, which commenced commercial production in May 2016, has generated direct and indirect employment opportunities for more than 21,955 people in the state, a company official said.
After the bankruptcy laws were passed in May 2016, the number of pending corporate insolvency case under the IBC rose to 816 as of the September quarter, from 723 in the June quarter, according to the Icra report.
Culp, who took over as CEO on October 1, also said in an interview with CNBC that GE's power business is "getting close" to bottoming out after more than a year of declining revenue and profit.
Buyout deals continue to outperform with $806 million recorded across four deals, compared with $54 million in one deal in October 2017 and $500 million across three deals in September 2018
The net profit was helped by depreciating rupee against dollar and euro in its key US and Europe markets, that constitute nearly three-fourths of sales.
The direction comes following a complaint by Bangalore-based Velankani Electronics, engaged in the business of design and manufacture of electronic products in India.
It was alleged that the two entities round off the actual base fare to the nearest higher multiple of Rs 5 to arrive at the total base fare.
On the company's commitment for social responsibility, Naveen Jindal said, along with making steel, it also takes interest in building schools, hospitals, community healthcare and drinking water facilities.
In its recent rift with RBI, the government had demanded a relaxation in PCA norms for banks, so they can lend more. The Finance Ministry wrote to the central bank invoking Section 7 of the Banking Regulation Act (RBI), which states that directions can be issued to RBI.
The management of Hyundai Motor India, led by its Managing Director and CEO, Y K Koo called on Chief Minister K Palaniswami at the Secretariat and had a brief interaction with him.
However, it noted that successful bidders under SHAKTI-II may find it difficult to secure long-term PPAs, given the high fixed cost of many of these projects.
The numbers were 27 percent higher compared to the sales last year with $24 billion of gross merchandise value (GMV)
This will be in addition to ongoing investments towards innovation, digital R&D and talent for building new tech-enabled solutions, it added.
Anil Agarwal, however, voiced concern over scarce availability of raw materials like coal and bauxite in the state.
Hopeful of large corporate recoveries worth about Rs 2,000 crore from the accounts under insolvency, Bank of India chief Mohapatra is also banking on recovery from assets put up on sale and one-time settlement of NPAs.
The 'feature-packed' S9 will be available pan India across Mahindra dealerships with immediate effect, the company said in a statement.
The next crucial support for the index is placed at 10,440 and a close below this level could take the index towards 10,132 levels, suggest experts.