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E-bus bidding: Thrice is nice, hopes BMTC

A senior BMTC official told BM, “We have floated tenders three times now. For the first tender call, there were no bids, for the second, we received a single bid. One bid came from Olectra Greentech Ltd but the quoted rate was exorbitant. We had to cancel the tender and retender it.”

Bengaluru , Karnataka , India , Subhash-nagar , Uttaranchal , Melvin-mathew , Bengaluru-metropolitan-transport-corporation , Olectra-greentech-ltd , Clean-development-mechanism , Gross-cost-contract , Development-mechanism , Applicable-laws

Cadence Capital Limited (ASX:CDM) to Issue $0.03 Final Dividend

Cadence Capital Limited (ASX:CDM – Get Free Report) announced a final dividend on Monday, October 9th, MarketIndexAU reports. Shareholders of record on Monday, October 30th will be given a dividend of 0.03 per share on Monday, October 30th. This represents a yield of 3.97%. The ex-dividend date of this dividend is Sunday, October 15th. Cadence […]

Australia , Australian , Karl-siegling , Australian-securities-exchange , Cadence-capital-limited , Cadence-capital , Get-free-report , Capital-limited , Cadence-asset , Australian-securities , Cadence-capital-daily , Asx-cdm

Carbon Markets: Pivotal for Achieving Net Zero Goals

(SGI) - Carbon markets, driven by the climate objectives of nations and organizations, revolve around the trading of greenhouse gas (GHG) emission quotas and carbon credits—transferring emission rights.

Vietnam , Republic-of , Clean-development-mechanism , Sustainable-solutions , Polluter-pays , Net-zero , Carbon-border-adjustment-mechanism , For-enterprise , Crucial , Regulations , Sellers

Turkey limits credit card use for foreign travel, tourism sector takes a blow

Turkey's banking watchdog restricts credit card use for foreign travel, hurting the tourism sector and curbing currency outflows.

Istanbul , Turkey , Turks , Turkish , Cem-polatoglu , Turkish-airlines , Credit-card , Travel , Tourism , Credit-card-use , Turkey-credit-card , Credit-cards

Factbox: Corporate debt woes are on the rise

From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates.

United-kingdom , Spain , London , City-of , Czech-republic , France , Barcelona , Comunidad-autonoma-de-cataluna , Sweden , Britain , Swedish , Czech

Multilateral banks need major changes to boost lending - G20 panel

Multilateral development banks (MDBs) must undergo big changes in the way they operate to eliminate poverty, triple sustainable lending levels by 2030 and create a new funding mechanism to further its agenda, a G20 panel said in a report on Tuesday.

India , Ghana , China , Zambia , Gandhinagar , Gujarat , Lawrence-summers , Simon-cameron-moore , World-bank , International-monetary-fund , Reuters , Thomson-reuters-trust-principles

UK on track for most company insolvencies since 2009

England and Wales are on track for the highest quarterly number of company insolvencies since early 2009, as businesses struggle to repay COVID-19 loans against a tough economic backdrop, government figures showed on Tuesday.

London , City-of , United-kingdom , Britain , Andy-bruce , Gareth-harris , David-milliken , Thomson-reuters-trust-principles , Reuters , Insolvency-service , Kingdom-restructuring , Creditor-voluntary-liquidations