by PTI News | Apr 1, 2022 | 10:31 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Bharat Biotech on Friday said it is temporarily slowing down production of its COVID-19 vaccine Covaxin across its manufacturing units for facility optimisation as it has already completed its supply obligations to procurement agencies and foresees decrease in demand. The company further said after the recent WHO post Emergency Use [...]
by PTI News | Apr 1, 2022 | 10:30 pm | News
New Delhi, Apr 1 (PTI) India on Friday informed the World Trade Organisation that it has used the peace clause of the WTO to provide excess support measures to rice farmers for marketing year 2020-21 in order to meet the domestic food security needs of its poor population. Under the peace clause, WTO (World Trade [...]
by PTI News | Apr 1, 2022 | 10:30 pm | News
Bhubaneswar, Apr 1 (PTI) The East Coast Railway on Friday said it has achieved 232.13 million tonne of freight loading, the highest-ever figure in the Indian Railways, in the 2021-22 financial year, registering a growth of 13.28 per cent over the previous fiscal.The ECoR has been securing the top position in freight loading for the [...]
by PTI News | Apr 1, 2022 | 10:22 pm | Economy, News
Ranchi, Apr 1 (PTI) Telecom gear maker HFCL on Friday said it has completed broadband connectivity by optical fiber cable in all gram panchayats of Jharkhand under BharatNet project. Post completion, Jharkhand has become the first state in the country to provide broadband connectivity in all gram panchayats, it claimed. BharatNet is a flagship mission [...]
by PTI News | Apr 1, 2022 | 10:19 pm | News
New Delhi, Apr 1 (PTI) Global financial services watchdog IFSCA on Friday signed an agreement with the Insurance Regulatory and Development Authority of India (IRDAI) for strengthening information exchange between the two regulators. This agreement focuses on strengthening of inter-regulatory exchange of information, technical cooperation and supervisory collaboration, and opens avenues towards developing innovative insurance [...]
by PTI News | Apr 1, 2022 | 10:19 pm | News
Hyderabad, Apr 1 (PTI) Bharat Biotech on Friday announced temporary slowing down of production of its COVID-19 vaccine Covaxin across its manufacturing facilities, having completed its supply obligations to procurement agencies and foreseeing a decrease in demand. The company, in a press release, said Bharat Biotech will focus on pending facility maintenance, process and facility [...]
by PTI News | Apr 1, 2022 | 10:18 pm | News
New Delhi, Apr 1 (PTI) Hedge fund WF Asian Reconnaissance Fund Ltd on Friday offloaded 6.98 lakh shares of IIFL Wealth for nearly Rs 120 crore through an open market transaction. According to bulk deal data available with the National Stock Exchange (NSE), WF Asian Reconnaissance Fund Ltd sold a total of 6,98,922 shares at [...]
by PTI News | Apr 1, 2022 | 10:17 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Two leading companies of the Kishore Biyani-led Future Group -- Future Retail and Future Enterprises -- on Friday collectively defaulted on loan repayments worth Rs 8,157.97 crore. The due date for payment of Rs 2,835.65 crore by Future Enterprises Ltd (FEL) and Rs 5,322.32 crore by Future Retail Ltd (FRL) [...]
by PTI News | Apr 1, 2022 | 10:08 pm | Economy, News
New Delhi, Apr 1 (PTI) The National Company Law Tribunal (NCLT) on Friday allowed the central government to take over the management of the prestigious Delhi Gymkhana Club, nearly two years after a plea was submitted by the Centre citing "violations" of companies law by the club. Passing a 149-page order on the petition filed [...]
by PTI News | Apr 1, 2022 | 9:55 pm | Economy, News
New Delhi, Apr 1 (PTI) Indian exporters from over 6,000 broad sectors, including textiles, leather, furniture, jewellery and machinery, will get duty free access in the Australian market immediately after the interim trade agreement between the two countries comes into force, according to government sources. Commerce and Industry Minister Piyush Goyal and his Australian counterpart [...]
by PTI News | Apr 1, 2022 | 9:52 pm | Economy, News
Guwahati, Apr 1 (PTI) Assam Chief Minister Himanta Biswa Sarma on Friday said in the Assembly that the total expenditure for the state has crossed Rs one lakh crore for the first time in 2021-22, placing it in the league of ‘big states’ with high spending capacity. He also said that during 2015-16 to 2019-22, [...]
by PTI News | Apr 1, 2022 | 9:50 pm | Economy, News
Chandigarh, Apr 1 (PTI) The total tax collection by Haryana's Excise and Taxation Department increased by 18.32 per cent to Rs 54,606 crore in the last fiscal. "There is an 18.32 per cent increase in tax collection by the state," Deputy Chief Minister Dushyant Chautala said on Friday. He congratulated the officers of the department [...]
by PTI News | Apr 1, 2022 | 9:42 pm | News
Kolkata, Apr 1 (PTI) Coal India subsidiary South Eastern Coalfields Ltd (SECL) has set a target of producing 182 million tonne of the dry fuel in the current financial year as against 142.51 mt of output in 2021-22, a company official said on Friday.An outlay of Rs 5,200 crore has been approved for the capital [...]
by PTI News | Apr 1, 2022 | 9:36 pm | Economy, News
Chandigarh, Apr 1 (PTI) Procurement agencies on Friday started purchasing wheat from farmers in Haryana at the minimum support price fixed by the government. In 410 mandis opened in the state for the purchase of wheat, the Food and Supplies Department, Hafed, Haryana Warehousing Corporation and Food Corporation of India are procuring the crop at [...]
by PTI News | Apr 1, 2022 | 9:35 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Debt-ridden Future Enterprises Ltd (FEL) on Friday said it has defaulted on payment of Rs 2,835.65 crore to various banks and lenders. The due date to "pay an aggregate amount of Rs 2,835.65 crore" to its lenders, who are parties to an agreement under the One Time Restructuring (OTR) scheme, [...]
by PTI News | Apr 1, 2022 | 9:12 pm | News
New Delhi, Apr 1 (PTI) The supply chains of global semiconductor industry, which was badly affected during the COVID-19 period, may see further disruptions due to the Russia-Ukraine conflict, Parliament was informed on Friday. The conflict may have particular impact on the supply of neon and hexafluorobutadiene gases that are essential to manufacture semiconductor chips [...]
by PTI News | Apr 1, 2022 | 9:10 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Acrysil Ltd, a manufacturer of composite quartz kitchen sinks, on Friday said it will fully acquire UK's Tickford Orange Ltd (TOL), a producer of solid surface products for kitchens and bathrooms, for 11 million pounds (nearly Rs 110 crore). The acquisition will be through the company's wholly owned subsidiary Acrysil [...]
by PTI News | Apr 1, 2022 | 9:05 pm | Economy, News
New Delhi, Apr 1 (PTI) The government has further extended the existing Foreign Trade Policy (FTP) till September 30 this year, according to a commerce ministry notification. FTP provides guidelines for enhancing exports to push economic growth and create jobs.On March 31, 2020, the government had extended the Foreign Trade Policy 2015-20 for one year [...]
by PTI News | Apr 1, 2022 | 9:03 pm | News
Mumbai, Apr 1 (PTI) Canada-based startup MakerMax said it has developed testing devices and algorithms that can arrest battery fires and consequent loss of property and lives. The announcement comes amid a series of incidents of fire in two-wheeler electric vehicles (EVs). The device M201 creates the benchmark data of any battery by capturing five [...]
by PTI News | Apr 1, 2022 | 8:52 pm | News
Guwahati, Apr 1 (PTI) The state GST collection in Assam for 2020-21 decreased by 2.36 per cent compared to the previous year, a Comptroller and Auditor General (CAG) report for Finance accounts laid in the Assembly on Friday said. The report for the year 2020-21 said the state GST collection was Rs 8,549.02 crore compared [...]
