New Delhi, March 24 (IANS) Lending major Punjab National Bank (PNB) has acquired a 5.97 per cent stake in Open Network for Digital Commerce (ONDC) in the first tranche.
ONDC is an initiative of the Ministry of Commerce and Industry to promote open networks for all aspects of the exchange of goods and services over digital networks.
It was incorporated on December 30, 2021, with an early investment from the Quality Council of India (QCI) and Protean eGov Technologies.
ONDC is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiencies in logistics, and enhance value for consumers for almost all types of businesses.
"In the current platform-centric digital commerce model, buyers and sellers must use the same platform or application to do a business transaction," PNB said in a statement.
"With ONDC's network-centric model, buyers will be able to access all services currently provided by various sellers on different platforms, on a common network, thus making the network interoperable," it added.
In its earlier meeting, the board of PNB had approved investing in ONDC with an equity participation of 9.5 per cent.
"Accordingly, the bank has invested Rs 10 crore for acquiring a 5.97 per cent stake of ONDC in its first tranche, as per the directives of its board," the statement said.
He said, "It is shocking that while the entire country has rejected these laws, Kejriwal typically quietly keeps them in force. One can well imagine what his true anti-farmer intent and agenda in Punjab is."
Pointing out that Punjab was never before divided on caste or religious lines, Capt Amarinder said "Charanjit Channi does not have the calibre of a chief minister," and his tall claims cannot fool the people of the state.
The Enforcement Directorate (ED) told the court that Honey was required to be questioned more. On the other hand, the counsel appearing for Honey opposed the prosecution's move, saying there was no need for more custodial remand.
The Police have nabbed an accused Sanjeev (22), a resident of Mahipalpur, Delhi and lab operator from the spot while Anuj Sharma was not found on the spot. Police have seized Rs 12,500, fake Covid reports, laptop, printer, a rubber stamp, mobile and other documents from the spot.
Amidst the hectic poll schedule, the 46-year-old state award-winning eye surgeon examines eyes even at one's doorsteps, if requested, with a bright light of her mobile phone.
He is lodged in Haryana's Sunaria jail since 2017 after being convicted in rape and murder cases. He has a large number of followers in Punjab, which is going to the polls on February 20.
