Mumbai, Aug 1: Indian Navy''s e-procurement portal was launched by Vice Admiral K Raina AVSM, Chief of Logistics at Material Organisation in Mumbai.

The adoption of the dynamic procurement model is a pioneering step towards bringing about greater objectivity, accountability and openness in procurement activities.

This e-governance initiative allows for faster, more efficient handling of tendering action, receipt or evaluation of Quotes and placement of orders.

Integrated with the Navy''s Integrated Logistics Management System (ILMS), it is expected to greatly improve workflow, speed, accuracy and data integrity.

Mumbai-based Financial Technologies India Ltd has acquired Apian Finance & Investment Ltd, a RBI Registered 'NBFC' for total consideration of Rs 1.5 crore.

The Bombay High Court directed the doctors to examine a 25-week pregnant woman and admit her for abortion. A medical practitioner and a couple from Bhayander had filed a petition in the court against present rule on abortion.

According to the Medical Termination of Pregnancy Act , the abortion can not be done after the 20th week of pregnancy. The couple had found that their unborn child have some congenital heart problems which would make the baby mentally and physically retarded. The doctors declined to carry out abortions invoking laws. The couple, then, moved to the court and seeks relief.

Ace Bollywood actor Dharmendra launched the music of ‘Chamku’ amidst much fanfare at an event held at suburban hotel Sahara Star.

Directed by Kabeer Kaushik, ‘Chamku’ is an action-crime movie produced under the banner of Vijayta Films Pvt Ltd.

The music of the film has been composed by superb music director Monty Sharma, while top lyricist Sameer penned the lyrics.

Chamku is Kabeer’s second flick after his outstanding creation ‘Sehar’ in 2005.