Parliamentary Elections: NSE Trading Pause on May 20, 2024

National Stock Exchange of India Limited Circular Department: Debt Segment Download Ref No: NSE/DS/61603 Date: April 15, 2024 Circular Ref. No.: 08/2024 To All Members and Participants: Trading Holiday on May 20, 2024, due to Parliamentary Elections In partial amendment to Exchange circular download reference no. NSE/DS/59958 dated December 27, 2023, the Exchange hereby declares Monday, May 20, 2024, as a trading holiday due to Parliamentary Elections in Mumbai.

Tamil Nadu Government Announces Auction of 10-Year Securities

The Tamil Nadu government has declared the offering of 10-year securities worth Rs. 1000 crore in the form of stock to the public through an auction. The auction will be overseen by the Reserve Bank of India at its Mumbai office, located in Fort, Mumbai, on April 2, 2024.

Empanelment Process with Government Institutions

Exclusion of Performance Bank Guarantee (PBG) and Earnest Money Deposit (EMD) Requirement for Government Institution Empanelment: Clarification In reference to the subject matter, it is imperative to clarify that the need for Earnest Money Deposit (EMD) and Performance Bank Guarantee (PBG) only applies to empanelment procedures with private healthcare organizations (HCOs), and it is not a prerequisite for engagements with government institutions.

Alternative Payment Options for Tamil Nadu Securities Holders

Notice: The 5.76% Tamil Nadu SDL, 2024, will be repaid on April 22, 2024, along with accrued interest until April 21, 2024. If April 22, 2024, is declared a holiday, repayment will be made on the previous working day. No interest will be charged after April 22, 2024.

Tamil Nadu Government’s Securities Sale Announcement

The Tamil Nadu government has announced the sale of securities worth RS. 6000 crore to the public through an auction conducted by the Reserve Bank of India at its Mumbai Office, Fort, Mumbai, on March 19, 2024. The securities include 10-year bonds amounting to RS. 2000 crore, 20-year bonds amounting to RS. 2000 Crore, and 30-year bonds amounting to RS. 2000 crore.

Kerala Achieves Milestone: One Lakh New Enterprises Launched

Ernakulam district has emerged as the frontrunner in launching the highest number of ventures during the second phase of the Entrepreneurial Year initiative introduced by the state government. Over the past two years, Ernakulam has spearheaded the establishment of 24,466 enterprises under the Entrepreneurship Year program, showcasing remarkable entrepreneurial activity.

Kerala Government Drives Entrepreneurial Surge

A capital investment of 27.35 crore rupees and the creation of 1213 job opportunities were made possible as part of Entrepreneurship Year 2.0. Trikovilvattam Panchayat led the way with 171 new ventures, while Mayanad (153), Nedumbana (140), Kotankara (125), and Ilampallur (109) also initiated new ventures, collectively achieving a growth rate of 104.18 percent.

Unlocking Funding Opportunities: Goa Government Hosts SME-IPO Workshop

The Directorate of Industries, Trade, and Commerce, in collaboration with the National Stock Exchange, is joining hands with the Goa Chamber of Commerce and Industry and the Goa Small Industries Association to organize an enlightening and interactive workshop titled ‘SME-IPO-Promising Avenue of Fundraising for SMEs’ on March 14, 2024.