Confidence Petroleum India is currently trading at Rs. 31.35, up by 0.25 points or 0.80% from its previous closing of Rs. 31.10 on the BSE. The scrip opened at Rs. 31.45 and has touched a high and low of Rs. 32.05 and Rs. 31.00 respectively. The BSE group ‘B’ stock of face value Rs. 1 … Read more
In a move that can be a potential game-changer in the petroleum fuel retail market in India, IndianOil has launched world-class premium grade Petrol (Octane 100) in the country today. Branded as XP100, the premium grade petrol was launched across ten cities by Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel. Secretary, Ministry of … Read more
Production Linked Incentive(PLI) Scheme for Bulk Drugs and PLI Scheme for Medical Devices have shown a very positive response from the pharmaceutical as well as the medical device industry. The industry has shown a very good response to these schemes whereby 215 applications made by 83 pharmaceutical manufacturers have been received under the PLI Scheme … Read more
The Competition Commission of India (CCI) approves the proposed amalgamation of Srikalahasthi Pipes Limited (SPL) with and into Electrosteel Castings Limited (ECL) under Section 31(1) of the Competition Act, 2002, today. ECL is a publicly listed company in India and ultimate holding company of the Electrosteel group of companies. It is primarily engaged in the … Read more
The Competition Commission of India (CCI) approves acquisition of Rivigo Services Private Limited (Rivigo) by Spring Canter Investment Ltd (SCIL) through subscription of compulsorily convertible preference shares, under Section 31(1) of the Competition Act, 2002. SCIL is an investment holding company incorporated under the laws of Mauritius and does not have any physical presence in India. … Read more