New Delhi, Feb 14 (PTI) Max Ventures & Industries Ltd (MaxVIL) has completed its Rs 628-crore deal to sell the entire 51 per cent stake in the speciality packaging film business and will now focus only on real estate venture. In November, MaxVIL had announced about exiting specialty packaging film business by selling its entire [...]
New Delhi, Feb 14 (PTI) Crude oil prices rose Rs 117 to Rs 7,038 per barrel on Monday, as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the February delivery traded higher by Rs 117, or 1.69 per cent, to Rs 7,038 per barrel in 10,739 [...]
New Delhi, Feb 14 (PTI) Reserve Bank Governor Shaktikanta Das on Monday said the decision with respect to issuance of sovereign green bonds announced in the Budget will be taken next month. Finance Minister Nirmala Sitharaman in her Budget speech announced that the government will issue sovereign bonds to mobilise resources for green infrastructure. "The [...]
Mumbai, Feb 14 (PTI) Lubricant maker Gulf Oil Lubricant on Monday said it has joined hands with construction equipment manufacturer and supplier SCHWING Stetter to launch a range of genuine oils. Gulf Oil, in a statement, said it expects the demand for synthetic industrial lubricants and oils to grow going forward and the company is [...]
New Delhi, Feb 14 (PTI) Realty firm Kohinoor group has acquired 32 acre land parcel in Pune from Goel Ganga group to develop a mixed use project.Property consultant Anarock said it facilitated the deal between the two parties. The deal for 32 acres of prime land at Wagholi has been concluded.Anarock did not disclose the [...]
Edible oil major Adani Wilmar, which on Monday reported a 66 per cent jump in consolidated net profit to Rs 211.41 crore for the December 2021 quarter, has guided towards a muted fourth quarter on price rise pressures but expects demand picking up from April on new mustard crop arrival. Total income rose to Rs [...]
Mumbai, Feb 14 (PTI) Capital Foods on Monday announced the appointment of S Raghunandan as the chief executive officer, with effect from February 7. Prior to this, Raghunandan served as the chief executive officer and director of Jyothy Laboratories, Capital Foods said in a statement. He had also been in leadership roles with leading Indian [...]
New Delhi, Feb 14 (PTI) India's palm oil imports declined by 29.15 per cent to 5,53,084 tonnes during January this year, but there was a sharp rise in shipments of RBD palmolein affecting domestic refineries, industry body Solvent Extractors Association (SEA) said on Monday. India, the world's leading vegetable oil buyer, imported 7,80,741 tonnes of [...]
New Delhi, Feb 14 (PTI) State-owned Bharat Heavy Electricals Ltd (BHEL) on Monday said it has bagged an order from Hindustan Aeronautics Ltd to supply compact heat exchanger sets for Tejas aircraft. "Bharat Heavy Electricals Limited has received a prestigious order for the supply of compact heat exchanger sets for 83 LCA Tejas MK1A aircrafts, [...]
New Delhi, Feb 14 (PTI) Homegrown FMCG major and Ayurveda products maker Dabur on Monday said it has become a 100 per cent 'Plastic Waste Neutral company' in India and claimed to be the first Indian consumer goods company to achieve this landmark. Dabur has collected, processed and recycled around 27,000 MT of post-consumer plastic [...]
