by PTI News | Feb 14, 2022 | 9:23 pm | Economy, News
New Delhi, Feb 14 (PTI) The government on Monday said its decision to reduce the agri-cess on crude palm oil will benefit the domestic edible oil refiners and also check prices of cooking oils. The finance ministry on Saturday cut the agri infra development cess to 5 per cent from 7.5 per cent, in order [...]
by PTI News | Feb 14, 2022 | 9:22 pm | Economy, News
New Delhi, Feb 14 (PTI) Capital markets regulator Sebi on Monday came out with trading features pertaining to electronic gold receipts (EGR) on stock exchange platforms. Under the guidelines, trading in EGR segment will be permitted from Monday to Friday and stock exchanges can set their trading hours within the time limit of 9 am [...]
by PTI News | Feb 14, 2022 | 9:19 pm | Company Results, News
New Delhi, Feb 14 (PTI) Sterling and Wilson Renewable Energy on Monday reported a consolidated net loss of Rs 428.78 crore in the quarter ended December 2021. The company had posted a consolidated net profit of Rs 22.45 crore in the quarter ended December 2020, according to a BSE filing. Total income of the company [...]
by PTI News | Feb 14, 2022 | 9:09 pm | News
New Delhi, Feb 14 (PTI) The National Financial Reporting Authority (NFRA) has found that Prabhu Steel Industries Ltd was non-compliant with certain accounting standards during 2019-20 fiscal, including failure to make appropriate disclosures. A listed company, Prabhu Steel has agreed to prepare and publish restated financial statements as per Companies Act, 2013, within 90 days, [...]
by PTI News | Feb 14, 2022 | 9:06 pm | Company Results, News
New Delhi, Feb 14 (PTI) Power trading solutions provider PTC India's board on Monday decided to defer its financial results for the October-December period as those of its arm PTC India Financial Services (PFS) were not available for consolidation. In a regulatory filing, the company stated that "PFS, in which the Company holds 64.99 per [...]
by PTI News | Feb 14, 2022 | 9:01 pm | Corporate Action, News
New Delhi, Feb 14 (PTI) Business-to-business e-commerce and supply chain enablement platform Bizongo has announced the completion of its first employee stock ownership plan (ESOP) buyback programme worth USD 3.7 million. While 102 of Bizongo's former and current employees were eligible for the buyback, only 70 per cent of employees opted to liquidate ESOPs from [...]
by PTI News | Feb 14, 2022 | 8:54 pm | Economy, News
New Delhi, Feb 14 (PTI) India on Monday blocked 54 more apps with Chinese links, including Tencent Xriver, Nice Video baidu, Viva Video Editor, and gaming app Garena Free Fire Illuminate, citing security and privacy concerns. According to sources, these 54 apps allegedly obtain various critical permissions and collect sensitive user data. The collected real-time [...]
by PTI News | Feb 14, 2022 | 8:52 pm | Economy, News
Kolkata, Feb 14 (PTI) Government-run power utility West Bengal State Electricity Distribution Company Ltd (WBSEDCL) was allowed to recover Rs 1679 crore by the regulator for 2015-16 under Annual Performance Review (APR) but the recovery will not take place immediately.Sources in West Bengal Electricity Regulatory Commission (WBERC) on Monday said it has issued CESC Ltd, [...]
by PTI News | Feb 14, 2022 | 8:45 pm | News
Mumbai, Feb 14 (PTI) Civil servants, air force officers, technocrats, airline pilots and many more individuals have piloted Air India over the decades. When Ilker Ayci, the former Chairman of Turkish Airlines, takes control of the currently loss-making Air India, he will be the first foreign national to be at the helm of the once-storied [...]
by PTI News | Feb 14, 2022 | 8:42 pm | News
New Delhi, Feb 14 (PTI) The Delhi High Court on Monday stayed the notices issued by Petroleum and Natural Gas Regulatory Board (PNGRB) in connection with declaring Adani Total Gas Limited's City Gas Distribution Network for Ahmedabad city, Daskroi, and Khurja as a common carrier or contract carrier.The interim order was passed by a bench [...]
