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New Delhi [India], Feb. 13 : The Institute of Chartered Accountants of India (ICAI), on Sunday, appointed CA Nilesh Shivji Vikamsey and CA Naveen N.D. Gupta as the President and Vice-President of ICAI, respectively, for the year 2017-18.

Vikamsey has been a member of the ICAI since 1985. He has served the ICAI Council as a member since 2010 and then as vice-president of the institute in 2016-17. With over 30 years of impeccable professional standing, he is widely commended and credited for his key role in contributing towards inclusive as well as exclusive growth of Indian Accountancy profession.

New Delhi [India], Feb. 11 : Siemens Ltd. announced the acceptance of an order worth Rs. 101 crore from Delhi Transco Limited, on Saturday. The order includes installing 220/66/33kV Gas Insulated Substation (GIS) at R.K. Puram, New Delhi.

Delhi Transco Limited is the State Transmission Utility of New Delhi. To enhance its efficiency and productivity, Delhi Transco Limited is using state-of-the-art technologies in its operations. Keeping in view the land constraints and environmental hazards, DTL is prioritising GIS in place of Air Insulated Substations (AIS), since GIS are both reliable and maintenance-friendly, and contribute to improved quality of power in the system.

Cotton on MCX settled up by 0.05% at 20610 due to lower level buying by the market participants.

Cardamom on MCX settled down by -0.72% at 1494.4 on profit booking after prices were supported recently due to a squeeze in supplies.

Maize traded in range ahead of a more influential monthly crop report from the U. S. Department of Agriculture.

Jeera on NCDEX settled down by -0.6% at 17265 due to anticipation of higher new season arrivals in the physical market. However, good export demand capped some losses in jeera prices.