India News on March 22, 2016

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Tuesday, March 22, 2016

  • NEW DELHI- Siemens seeks shareholder nod for unit transfer:: German conglomerate Siemens has sought shareholders’ approval on the proposed sale and transfer of its healthcare undertaking in the country to its subsidiary Siemens Healthcare for a consideration of Rs.3,050 crore. The transaction will enable Siemens to increase its focus on and capital allocation to power generation, transmission and distribution, mobility, industrial automation and smart cities segments to the country, said MD and CEO Sunil Mathur.
  • SBI raises Rs.500 croe through issue of bonds:: State Bank of India on Tuesday said it has raised Rs.500 crore from issue of bonds on a private placement basis. The bank on March 21, 2016 issued 5,000 Basel III compliant, tier-II bonds in the nature of debentures of face value of Rs.10,00,000 each at par with 10 year tenure bearing 8.45 per cent per annum coupon payable annually and with a call option after five years aggregating Rs.500 crore on a private placement basis’, said SBI.
  • Kanhaiya thanks Rahul Gandhi for support:: JNUSU president Kanhaiya Kumar met Congress vice-president Rahul Gandhi on Tuesday to thank him for standing up to the BJP government and demanding his release. An eight member delegation of the JNUSU and the All India Students Federation led by Kumar had a 20 minute informal conversation with Rahul Gandhi.
  • BJP to commemorate Bhagat Singh’s martyrdom from today:: BJP announced plans for a three day programme from March 23 to 25 to commemorate the martyrdom of Bhagat Singh. The party said the decision was triggered by the former Union Minister Shashi Tharoor’s comparison of the freedom fighter with JNUSU president Kanhaiya Kumar in a speech on the campus a couple of days ago. Union Minister Prakash Javadekar said the BJP demanded an apology from Tharoor.
  • High alert at all airports:: The airport and metro stations in Delhi were put on high alert after the terror attacks in Brussels. An alert was issued to all airports. The Indira Gandhi International already under heightened vigil after the Pathankot attack, came under even more stringent security measure. Security agencies went into a tizzy on Tuesday afternoon after calls warning of bomb threats to five Jet Airways flights departing from Delhi were received.

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