The Press Editor

New Delhi: Amid a shortage of LPG (liquified petroleum gas) cylinders in the country due to the near-shutting of the Strait of Hormuz because of the ongoing war between the US, Israel, and Iran, the government on Monday said that gas distribution companies have rolled out incentives to encourage new PNG (piped natural gas) connections. During a press briefing in the national capital, Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) at the Ministry of Petroleum and Natural Gas, said that customers can apply for a new PNG connection through email, customer portal, letter or call centre of the respective…

Mumbai: Shares of North India-based hospital chain Park Medi World are in focus as the company has informed exchanges that Kotak Mahindra Mutual Fund has purchased shares of Park Medi World Ltd., increasing its stake in the company to more than 5 per cent. The investment was made through various schemes of the mutual fund. "We would like to inform you that Kotak Mahindra Mutual Fund (KMMF) has acquired equity shares of Park Medi World Limited, constituting more than 5.00% of the issued equity share capital of the company," Kotak said.  Mutual Fund Holding Crosses 5 Per Cent Prior to…

Mumbai: Shares of Paisalo Digital, a non-banking financial company, are in focus after the company made two important announcements to the exchanges. The company has stated that the operations and finance committee of its board of directors will meet on March 18, 2026. The committee will consider the issuance of non-convertible debentures (NCDs) through private placement and approve their allotment. Company Receives New Credit Rating In another filing, the company stated that it already holds a rating from Infomerics Analytics and Research Private Limited. In addition, it has received a new credit rating from Brickwork Ratings India Private Limited for…