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e-Kuber Payments System Launched In J&K


RBI s payment system to replace existing government payment systems
Jammu- Jammu and Kashmir on Thursday formally rolled out e-Kuber payments system of Reserve Bank of India (RBI) here, an official spokesman said.
Financial Commissioner (Finance) Arun Kumar Mehta launched the new system in presence of General Manager, RBI Jammu, Sandeep Mittal and Director General Accounts and Treasuries, Finance Department, Mahesh Dass, the spokesman said.
He said the new payments system of RBI would replace the existing system for the purpose of government payments.
All types of government payments including employee s salaries and pensioner s pensions will be done through RBI s e-Kuber, the spokesman said. ....

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Real estate developer CASAGRAND targets ₹2,500 crore in sales this fiscal


Real estate developer CASAGRAND targets ₹2,500 crore in sales this fiscal
February 10, 2021
Arun Mn, Founder and Managing Director of CASAGRAND   -  Businessline×
CASAGRAND, a leading real estate developer in South India, is aiming to achieve over ₹2,500 crore in sales in the current financial year. The company has clocked ₹1,200 crore sales in the last six months, signalling a strong recovery from the impact of the pandemic, which brought the real estate sector to its knees.
In a press release, the Tamil Nadu-based real estate company said it went aggressive with its consumer-centric approach by launching 7 top-notch projects across Chennai, Bengaluru and Coimbatore and all the projects launched during the year, received an overwhelming response from the homebuyers, which eventually led the company close the year 2020 on a positive note. ....

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Cholamandalam Investment & Finance Company announces resignation of Managing Director


With effect from 14 February 2021 Cholamandalam Investment & Finance Company announced that Arun Alagappan has tendered his resignation as Managing Director and as a director of the Company as he wishes to move ahead to assume larger responsibilities within the Group and the Board has accordingly considered and accepted the same today. Arun Alagappan will be relieved from the services of the Company effective end of the day, 14 February 2021.
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