Based on farmers’ responses, the Centre has identified some solutions such as developing a single window system for delivery of all agri services, inputs, schemes, and grievance redressal for Odisha, West Bengal and Andaman & Nicobar Islands. As many as 18.5 lakh farmers from these states and UT had given their responses to the Centre … Read more
Capital market regulator SEBI has tightened the prudential norms set for mutual funds in terms of portfolio construction and clarified that MFs have to follow the same timelines to fix all types of passive breaches in portfolios, even if the breaches happen due to reasons beyond the control of fund managers. SEBI has provided timelines … Read more
Lupin Ltd on Thursday said it has launched its generic version of Prucalopride tablets used to treat chronic idiopathic constipation in the US market after the recent approval by the country’s health regulatory. The Mumbai-based company has launched Prucalopride tablets of strengths 1 mg and 2 mg in the US, following the recent approval of … Read more
Kath McLay (President & CEO, Walmart International) , Doug McMillon (President & CEO, Walmart Inc.), Steuart Walton (Board Member), met with Prime Minister Narendra Modi Walmart Inc. Global CEO and President Doug McMillon, who was on a visit to India, met with Prime Minister Narendra Modi. He discussed Walmart’s growing operations in India, which includes … Read more
The demerger would give Unilever Group 61.9 per cent stake in Kwality Walls and this stake will be acquired by Magnum Ice Cream Company. The Magnum Ice Cream Company will acquire 61.9 per cent of Kwality Wall’s (India) Ltd from Unilever Group. Fast-Moving Consumer Goods maker Hindustan Unilever Ltd (HUL) board had earlier accorded in-principle … Read more
( from left ) Rajeev Kaul, MD, Aequs Limited; Vijay Peri, Vice President, India Industrials, Zetwerk Manufacturing Businesses; Digbijoy Nath, Co-founder, CTO, Agnit; and Sumeet B Patil, Head- Operations, Ethereal Machines and M. Ramesh, Consulting Editor, The Hindu businessline, at a session on MSMEs : Powering Make in India at the hindu businessline MSME Growth … Read more
Target: ₹265 CMP: ₹242.75 We visited the integrated unit (IU) of Andhra Cements (ACL) at Dachepalli, in the Palnadu district of Andhra Pradesh. Sagar Cements (SGC) owns 90 per cent stake in its subsidiary Andhra Cements, which it had acquired through NCLT in 2023. Under SGC, Andhra Cements’ capacity enhancement, refurbishment, and cost reduction … Read more
Equity benchmark indices traded in positive territory on Wednesday’s mid-trading amid easing tensions in West Asia and positive sentiments in the global markets. Sensex zoomed 684.46 pts or 0.83 per cent to 82,739.57 (close to intraday high) as at 1.15 pm after opening at 82,448.80 against previous close of 82,055.11. Nifty 50 surged 193.85 pts … Read more
Established in 1973, Ellenbarrie is a leading supplier of industrial and medical gases, recording a strong performance in FY24 with significant revenue and profit growth. Ellenbarrie Industrial Gases IPO enters day 2 on lacklustre note with the issue being subscribed 8 per cent or 0.08 time. The Rs 852.53 crore Ellenbarrie Industrial Gases IPO, which … Read more
Andhra Pradesh Chief Minister N Chandrababu Naidu Andhra Pradesh Cabinet has on Monday decided to announce a second round of land acquisition in the Amaravati Capital Region for providing infrastructural facilities for the upcoming Greenfield capital. The Cabinet, which met in Amaravati, chaired by Chief Minister N Chandrababu Naidu, also decided to adopt the land-pooling method for … Read more