by PTI News | Mar 2, 2022 | 7:04 pm | Corporate Action, News
New Delhi, Mar 2 (PTI) Agro-chemicals major UPL Ltd on Wednesday announced a buyback of shares worth up to Rs 1,100 crore from shareholders, excluding promoters. In a regulatory filing, the company said its board has approved the proposal to buy back fully paid-up equity shares of face value of Rs 2 each from shareholders [...]
by PTI News | Mar 2, 2022 | 6:55 pm | Corporate Action, News
New Delhi, Mar 2 (PTI) Markets regulator Sebi has penalised an individual for procuring unpublished price-sensitive information related to financial results of Manappuram Finance Ltd (MFL) and communicating the same through a research report. The regulator levied a fine of Rs 15 lakh on Pankaj Agarwal, who was part of the research department of Ambit [...]
by PTI News | Mar 2, 2022 | 6:47 pm | Economy, News
Jaipur, Mar 2 (PTI) Rajasthan Agriculture Minister Lalchand Kataria on Wednesday said the state government is committed to paying the claim amount to farmers along with 12 per cent interest under the PM Crop Insurance Scheme. Kataria was answering supplementary questions in the state Assembly during the Question Hour. He said insurance claims worth Rs [...]
by PTI News | Mar 2, 2022 | 6:43 pm | Company Results, News
New Delhi, Mar 2 (PTI) WardWizard Innovations and Mobility -- which sells a range of electric two-wheelers under the Joy e-bike brand -- on Wednesday said it has sold 4,450 units in February.The company had sold 320 vehicles in the same month of the last year.The Gujarat-based EV maker said the dispatches last month were [...]
by PTI News | Mar 2, 2022 | 6:39 pm | Foreign Exchange and Rupee Price, News
Mumbai, Mar 2 (PTI) The rupee depreciated by 47 paise to close at 75.80 against the US dollar on Wednesday, pressured by the Russia-Ukraine crisis which also sent crude oil above the USD 110 per barrel mark. Forex traders said sustained foreign fund outflows and a lacklustre trend in domestic equities also weighed on investor [...]
by PTI News | Mar 2, 2022 | 6:32 pm | Economy, News
New Delhi, Mar 2 (PTI) Investments in agri-tech start-ups significantly grew in four years to nearly Rs 6,600 crore till 2020 on the back of explosive growth potential for companies that address inefficiencies across the agri value chain, according to a report. Indian agriculture has faced some challenges in the past. However, the sector is [...]
by PTI News | Mar 2, 2022 | 6:31 pm | Corporate Action, News
Mumbai, Mar 2 (PTI) Madhabi Puri Buch took over as the Chairperson of capital markets regulator Sebi on Wednesday, succeeding Ajay Tyagi who completed his five-year term. Buch, the first woman to head the important financial regulator and also the first non-bureaucrat to lead it in many years, was appointed by the government for a [...]
by PTI News | Mar 2, 2022 | 6:24 pm | Economy, News
New Delhi, Mar 2 (PTI) Reforms undertaken in the telecom sector in September last year have yielded "very good" results, and the next set of reforms will be geared towards ensuring that the regulatory framework is in sync with the global best, according to Communications Minister Ashwini Vaishnaw. While the first round of telecom reforms [...]
by PTI News | Mar 2, 2022 | 6:19 pm | Economy, News
Washington, Mar 2 (PTI) Accusing his Russian counterpart of waging a "premeditated and unprovoked" war against Ukraine, President Joe Biden in his first State of the Union address asserted that "dictators" like Vladimir Putin would "pay a price" for "invading" a foreign country.Set upon a backdrop of a conflict in Ukraine that grows deadlier each [...]
by PTI News | Mar 2, 2022 | 6:11 pm | Economy, News
New Delhi, Mar 2 (PTI) The Indian Railways will come up with a policy in the next 7-8 days to make private-sector research and development a major part of the railway budget with 90 per cent allocation in the future, Union Minister Ashwini Vaishnaw said Wednesday. While speaking in the concluding session of a post-Budget [...]
