Eicher Motors is currently trading at Rs. 2560.30, up by 10.65 points or 0.42% from its previous closing of Rs. 2549.65 on the BSE. The scrip opened at Rs. 2570.00 and has touched a high and low of Rs. 2578.80 and Rs. 2556.00 respectively. The BSE group ‘A’ stock of face value Rs.1 has touched … Read more
Udaipur : As the demand for herbal nutrition category records a drastic rise with consumers shifting towards healthier living, Amway India, one of the country’s leading FMCG direct selling companies, foresees its traditional herb nutrition category to clock sales of INR 100 crores this year. To accommodate the growing demand for herbal products, Amway is … Read more
Udaipur : The Board of Directors at its meeting held today, approved increasing capacity by 12.8 mtpa with a mix of brown field and green field expansion. The additional capacity will be created in the fast-growing markets of the east, central and north regions of the country. Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group said “This significant … Read more
State Bank of India is currently trading at Rs. 248.30, up by 0.25 points or 0.10% from its previous closing of Rs. 248.05 on the BSE. The scrip opened at Rs. 248.65 and has touched a high and low of Rs. 250.25 and Rs. 246.55 respectively. So far 613237 shares were traded on the counter. … Read more
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
Banaras Locomotive Works, Varanasi, has surpassed it’s own record of manufacturing 31 electric locomotives in a month, achieved in July 2020 with the turnout of the 40th 6,000 HP electric locomotive for the month of November 2020. This event is a historic record, achieved on the auspicious day of Dev Deepawali. Vinod Kumar Yadav, Chairman … Read more
Udaipur : With an endeavour to drive financial inclusion deeper into the country, RapiPay Fintech Private Limited recently launched a nationwide offer that gives the highest ever commission on AePS services for its agents – RapiPay Saathis. The offer is applicable till Mid-January ’21. The RapiPay Aadhaar-enabled payment system empowers all segments of the society by … Read more
Udaipur : Amway India, one of the country’s leading FMCG direct selling companies, commemorated Children’s Day for the 12th consecutive year. The annual celebrations were hosted virtually across India with its 12 NGO partners as part of Amway India’s CSR program- Project Sunrise. Through this program, Amway supports the overall well-being of underprivileged children by providing them … Read more
Bharti Airtel is currently trading at Rs. 470.10, up by 6.80 points or 1.47% from its previous closing of Rs. 463.30 on the BSE. The scrip opened at Rs. 464.25 and has touched a high and low of Rs. 471.90 and Rs. 460.55 respectively. So far 273670 shares were traded on the counter. The BSE … Read more
Total Foreign Direct Investments (FDI) inflows into India during the second quarter of financial year 2020-21 (July, 2020 to September, 2020) have been US$ 28,102 million, out of which FDI equity inflows were US$ 23,441 million or Rs. 174,793 crore.This takes the FDI equity inflows during the financial year 2020-21upto September 2020 to US$30,004 million … Read more
Governments of Punjab has communicated acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States who have chosen this option has gone up to 26. All the 3 Union Territories with Legislative Assembly (i.e. Delhi, Jammu & Kashmir and Puducherry) have also decided in favour of Option-1. The … Read more
In view of the ongoing COVID-19 pandemic and the vulnerability of elderly population to Corona Virus, EPFO has extended the time limit up to 28th February 2021 for submission of Life Certificate (Jeevan Pramaan Patra-JPP) in respect of the Pensioners drawing pension under EPS 1995 and whose Life certificate is due in any month till … Read more
Production Linked Incentive(PLI) Scheme for Bulk Drugs and PLI Scheme for Medical Devices have shown a very encouraging response from the pharmaceutical as well as the medical device industry. The PLI Scheme for Bulk Drugs has received 247 registrations across all four categories of products out of which a maximum of 136 applicants will be … Read more
In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes& Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of … Read more
“India has done exemplary work in the space of renewable energy and running the largest energy access expansion plan. We have connected every household, connected whole country into one integrated grid and we are the only G20 nation which has been able to keep the temperatures within 2 degree by its actions” said R.K.Singh, Minister, … Read more
The Ministry of Road Transport and Highways has issued the Motor Vehicle Aggregator Guidelines 2020 as per the requirements and provisions of the Motor Vehicles (Amendment) Act, 2019 and further as per the amended Section 93 of the Motor Vehicles Act, 1988. The objectives of issuing these guidelines include: • Regulating shared mobility and reducing traffic … Read more
The Office of Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index of Eight Core Industries for the Month of October, 2020. 2. The combined Index of Eight Core Industries stood at 124.2 in October,2020, which declined by 2.5 (provisional) per cent as compared to the Index of October, 2019.Its cumulative … Read more
Udaipur : The Himalaya Drug Company, one of India’s leading wellness brands, announces the launch of Q-DEE Mouth Dissolving Tablets─Q-DEE Immunity and Q-DEE Cramps. Q-DEE Immunity helps provide relief from the early onset of flu and common cold symptoms such as sore throat, cough, sneezing, and nasal congestion.It also helps in strengthening the immune system. Q-DEE … Read more
Dish TV India is currently trading at Rs. 10.34, up by 0.11 points or 1.08% from its previous closing of Rs. 10.23 on the BSE. The scrip opened at Rs. 10.35 and has touched a high and low of Rs. 10.35 and Rs. 10.15 respectively. So far 1001739 shares were traded on the counter. The … Read more
Sheetal Cool Products is currently trading at Rs. 168.40, up by 3.45 points or 2.09% from its previous closing of Rs. 164.95 on the BSE. The scrip opened at Rs. 169.90 and has touched a high and low of Rs. 169.90 and Rs. 157.15 respectively. So far 4800 shares were traded on the counter. The … Read more
The Lakshmi Vilas Bank is currently trading at its upper circuit limit of Rs. 7.65, up by 0.35 points or 4.79% from its previous closing of Rs. 7.30 on the BSE. The scrip opened at Rs. 6.95 and has touched a high and low of Rs. 7.65 and Rs. 6.95 respectively. So far 8328907 shares … Read more
Lupin is currently trading at Rs. 898.10, up by 2.90 points or 0.32% from its previous closing of Rs. 895.20 on the BSE. The scrip opened at Rs. 904.50 and has touched a high and low of Rs. 907.65 and Rs. 890.10 respectively. So far 78093 shares were traded on the counter. The BSE group … Read more
Udaipur : Sany India, a leading manufacturer of construction equipment & heavy machinery has rolled out its 15000th machine from the company’s India facility this month. Delivering on the increased trust of customers in the indigenous construction sector, Sany India has further strengthened its position both in terms of product offering and market reach. It has … Read more
Udaipur. Airtel Digital TV, the DTH arm of Bharti Airtel (“Airtel”) and Vedantu, the pioneer in LIVE online learning, today announced an innovative partnership to make quality education accessible to students across India by leveraging the deep reach of Airtel. Under the partnership, two dedicated DTH channels – Vedantu Materclasses – will be available exclusively to the 17 Mn … Read more
Tata Power Company is currently trading at Rs. 59.45, up by 0.60 points or 1.02% from its previous closing of Rs. 58.85 on the BSE. The scrip opened at Rs. 59.65 and has touched a high and low of Rs. 60.15 and Rs. 58.40 respectively. So far 974692 shares were traded on the counter. The … Read more
State Bank Of India is currently trading at Rs. 247.70, up by 3.85 points or 1.58% from its previous closing of Rs. 243.85 on the BSE. The scrip opened at Rs. 244.20 and has touched a high and low of Rs. 247.70 and Rs. 244.20 respectively. The BSE group ‘A’ stock of face value Rs. … Read more
State Bank Of India is currently trading at Rs. 242.75, up by 4.05 points or 1.70% from its previous closing of Rs. 238.70 on the BSE. The scrip opened at Rs. 240.90 and has touched a high and low of Rs. 243.60 and Rs. 239.45 respectively. So far 2591711 shares were traded on the counter. … Read more
In pursuance of ongoing investigation of fraudulent passing of Input Tax Credit (ITC)wherein one person namely Sh. Satender Kumar Singla of Hisar was arrested on 12.11.2020,the Directorate General of GST Intelligence (DGGI), Regional Unit, Rohtak falling under Gurugram Zonal Unit has arrested one more person namely, Sh. Vikas Jain, of Jind on 23.11.2020. Sh. Vikas … Read more
The Agricultural and Processed Food Products Export Development Authority (APEDA) under the Ministry of Commerce and Industry facilitates export of its scheduled products through several export promotional activities, such as organizing International Buyer Seller Meets, participation of exporters in leading trade events in the potential importing countries, and product promotion programmes in specific markets. These … Read more
Prime Minister Narendra Modi will inaugurate Multi-storeyed flats for Members of Parliament on 23rd November 2020 at 11 AM via video conferencing. The Speaker of Lok Sabha Om Birla will also be present on the occasion. These flats are located at Dr B D Marg in New Delhi. Eight old bungalows, which were more than … Read more
Dharmendra Pradhan, Hon’ble Minister of Petroleum & Natural Gas and Steel, inaugurated the seismic survey campaign of Oil India Limited (OIL), India’s second largest National Exploration & Production Company, at Kakatpur in Puri District, Odisha in the Mahanadi Basin (Onland). Speaking on the occasion, Minister Pradhan said, “It is a matter of great personal pride … Read more
In the normal sugar season, about 320 LMT of sugar is produced against domestic consumption of 260 LMT. This 60 LMT of surplus sugar which remains unsold, blocks funds of sugar mills to the tune of about Rs. 19,000 crore every year thereby affecting liquidity positions of sugar mills resulting in accumulation of cane price arrears … Read more
The Income Tax Department started a search and survey action on 18/11/2020 in the case of a leading cattle feed producer in Northern India. The search and survey actions are being carried out at 16 locations in Kanpur, Gorakhpur, Noida, Delhi and Ludhiana. The main allegations against the group are that it has taken accommodation … Read more
Taking the next stride in boosting regional aerial connectivity in India under RCS-UDAN (Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik) of the Government of India, the second direct flight commenced operations today from Hyderabad, Telangana to Nashik, Maharashtra. Chhagan Bhujbal, Guardian Minister, Nashik, Hemant Godse, Member of Parliament, Nashik, Surah Mandhare, District Collector, … Read more
The provisional payroll data of EPFO has been released on 20th November, 2020. It reveals that EPFO has added 14.90 lakh net subscribers in the month of September, 2020 thereby increasing the subscribers’ base of EPFO by around 30.92 lakh during the first two quarters of current financial year. The data published comprises of members who have joined … Read more
Mahindra Lifespace Developers is currently trading at Rs. 284.80, up by 1.45 points or 0.51% from its previous closing of Rs. 283.35 on the BSE. The scrip opened at Rs. 285.80 and has touched a high and low of Rs. 291.50 and Rs. 282.75 respectively. So far 731 shares were traded on the counter. The … Read more
The first direct flight operations from Kalaburagi, Karnataka to Hindon Airport, Ghaziabad, Uttar Pradesh were flagged off today under the RCS-UDAN (Regional Connectivity Scheme – Ude Desh Ka Aam Nagrik). The officials of Ministry of Civil Aviation (MoCA) and Airport Authority of India (AAI) were present at the launch. Commencement of the flight operations on … Read more
The Reserve Bank of India (RBI) has unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank (LVB) with DBS Bank India (DBIL). The decision followed soon after the RBI imposed a one-month moratorium on the private lender and capped deposit withdrawals at Rs 25,000. Lakshmi Vilas Bank offers a wide range of … Read more
Tata Steel has evinced its interest for acquiring stake in Odisha-based steel maker Neelachal Ispat Nigam (NINL). NINL is a joint venture company, in which four central PSUs — MMTC, National Mineral Development Corporation (NMDC), Bharat Heavy Electricals (BHEL) and MECON — and two Odisha government companies IPICOL and Odisha Mining Corporation (OMC) are shareholders. … Read more
The Government of Telangana has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance to meet the shortfall in revenue arising out of GST implementation. The State has now joined 22 other States and 3 Union Territories (Delhi, Jammu & Kashmir and Puducherry) who have opted for Option-1. … Read more
Indian Railways with the objective of bringing hospital management on a single architecture to prevent pilferage and making operations seamless has entrusted RailTel Corporation of India Limited (“RailTel”) with implementation of hospital management information system (“HMIS”) an integrated clinical information system for its 125 health facilities and 650 polyclinics across India for improved hospital administration … Read more
Udaipur. Airtel Payments Bank today announced that it will offer comprehensive car insurance in association with Bharti AXA General Insurance. The Smart Drive Private Car Insurance offers financial protection against damage to the vehicle due to accident, theft, and natural & man-made disasters. It also compensates for injury or damages to another person or property caused due to … Read more
In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series VIII) will be opened for the period November 09-13, 2020 with Settlement date November 18, 2020. The issue price of the Bond during the subscription period shall be Rs 5,177 (Rupees Five thousand One hundred Seventy Seven only) … Read more
NTPC Ltd, the PSU under Ministry of Power, has reiterated its commitment to nation building and energizing India ahead of its Raising Day. India’s largest power producer, which commenced its purposeful journey on November 7, 1975 and has made a stellar contribution in lighting every nook and corner of the country, is fully geared to … Read more
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.99/2020-Customs(N.T.), dated 15th October, 2020 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes andCustoms hereby determines that the rate of exchange of … Read more
With an aim to qualitatively improve the Ease of Doing Business of the IT Industry particularly Business Process Outsourcing (BPO) and IT Enabled Services, the Government has drastically simplified the Other Service Provider(OSP) guidelines of the Department of Telecom. The new guidelines tremendously reduce the compliance burden of the BPO industry. It is clarified that … Read more