Punjab Agriculture Minister Kuldeep Singh Dhaliwal on Tuesday said he has constituted an 11-member committee of agriculture experts for framing a new agricultural policy. Dhaliwal said the new agricultural policy will be ready by March 31. The Punjab government has been making continuous efforts to improve welfare of the farmers and the agricultural system of [...]
The Himachal Pradesh State Pollution Control Board (HPSPCB) has issued show cause notices under the Air (Prevention & Control of Pollution) Act, 1981 to Ultratech Cement Plant, Baga in Solan district for allegedly violating anti-pollution norms. "The results of stack emission monitoring of the unit of Ultratech Cement Plant, Baga conducted last year did not [...]
Sojitz Corporation on Tuesday divested a 2.35 per cent stake in auto component major Samvardhana Motherson International for Rs 776 crore through an open market transaction. According to the bulk deal data available with BSE, Sojitz Corporation offloaded 10,61,88,248 shares, amounting to 2.35 per cent stake in the company. The shares were sold at an [...]
Health Minister Mansukh Mandaviya on Tuesday extended his full support for a global plan for a new tuberculosis vaccine by 2025 and said India is fully prepared and in an advanced stage for taking this forward. Addressing a session at the World Economic Forum Annual Meeting 2023 here on 'Ending Tuberculosis', the minister said, "Just [...]
Oravel Stays Ltd, which operates travel tech firm and brand OYO, on Wednesday said it will refile its draft public listing application by the middle of next month. Earlier this month capital markets regulator Sebi had asked the company to refile the draft initial public offering (IPO) papers with certain updates. "We are working on [...]
Diversified conglomerate ITC on Tuesday announced the acquisition of Sproutlife Foods Pvt Ltd (SFPL), which owns Direct-to-Consumer (D2C) brand Yoga Bar. ITC has signed a binding term sheet to acquire 100 per cent shares of SFPL over a period of three to four years, said a statement. It will initially acquire a 47.5 per cent [...]
ICICI Prudential Life Insurance on Tuesday reported a 29 per cent decline in its profit at Rs 221 crore for the third quarter ended December 2022. The company had posted a profit of Rs 311 crore in the same quarter a year ago. During the third quarter of this fiscal the net premium income increased [...]
The government on Monday reduced the windfall tax on Crude oil to ₹ 1,900 per tonne from ₹ 2,100 per tonne. In addition, it reduced the levy on aviation turbine fuel (ATF) to ₹ 3.5/litre from ₹ 4.5 per litre. The export tax on diesel has been reduced to ₹ 5 per litre from ₹ [...]
City-based coating major Berger Paints Ltd is scouting for land in Odisha for a new manufacturing plant, a top company official said on Tuesday. The company is also gearing up to operationalise the Rs 1,015 crore integrated fully-automated paint manufacturing plant near Lucknow soon. The 36-acre plant in Sandila industrial park, Uttar Pradesh, is expected [...]
The Federation of Retailer Association of India (FRAI) Tuesday sought tax cuts on daily use consumer goods to counter the high demand for smuggled and counterfeit products, which currently have a price advantage. The FRAI, a representative body of about 80 lakh micro, small and medium retailers in 42 member retail associations, raised its concern [...]
