Adani infuses additional Rs 8,339 crore in Ambuja Cements, raises stake to 70.3 per cent
Business | April 17, 2024 23:47 ISTAdani Family infused additional Rs 8,339 crore, taking total infusion to Rs 20,000 crore under the warrants program.
Adani Family infused additional Rs 8,339 crore, taking total infusion to Rs 20,000 crore under the warrants program.
During the meeting, discussion was also held on inputs from market intelligence sources regarding the stock position held by various market players. The government ensures that strict action will be taken against the forward trading of pulses.
Vistara to stabilise flight operations, over 98 per cent pilots signed new contract, said CEO Vinod Kannan.
Business news: According to the Reserve Bank of India, Gold reserves increased USD 673 million to USD 52.16 billion during the week. The Special Drawing Rights were down USD 73 million to USD 18.145 billion, the apex bank added.
Business news: International Organisation for Standardisation/ International Electrotechnical Commission 27001:2002 is an internationally recognised standard for information security management systems.
Business news: RBI said the gold reserves increased by USD 347 million to USD 51.487 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 57 million to USD 18.219 billion.
Business news: The RBI has said that all branches of the banks dealing with Government receipts and payments will remain open for transactions on March 30 and March 31 to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself.
Adani Ports has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of Rs 3,080 crore. Gopalpur is a road-rail connected port with a capacity of 20 MMTPA and significant potential for expansion.
Business news: Gold reserves during the week rose from USD 425 million to USD 51.140 billion. In the calendar year 2023, the RBI added about USD 58 billion to its foreign exchange kitty.
EPF account: There are total of 11 parameters which can be changed by an employee during his or her employment in their Employees’ Provident Fund account details.
Business news: Deloitte India Partner Sumit Singhania said a nearly 20 per cent year-on-year growth in Tax revenues underlines the continued momentum of tax policy reforms carried out around the year and not necessarily as a part of the annual budgetary exercise.
As the deadline of March 31 approaches, numerous taxpayers hastily plan their income tax savings, often resulting in costly errors. These may include mistakenly mixing insurance with investment or failing to review existing and ongoing investments.
The Patent Office granted over one lakh patents in the last 1 year (15-Mar-2023 to 14-Mar-2024). Every working day, 250 patents were granted, the ministry said.
In a move aimed at ensuring compliance as well as providing ease of doing business, Sebi has mandated that an Alternative Investment Fund, its manager and key management personnel should carry out "specific due diligence" of both their investors and investments.
Closing market update: The domestic market staged a recovery from the day's low, buoyed by positive PMI data from the Eurozone and an impressive earnings report from US tech stocks.
Chhatrapati Shivaji Maharaj Jayanti is celebrated in Maharashtra and is recognised as a public holiday. It marks the birth anniversary of Maratha warrior king Chhatrapati Shivaji Maharaj.
The minister of electronics and IT said that one of the projects has an $8 billion proposal from Israel-based Tower Semiconductors, with the other coming from Tata Group.
Nikhil Joshi has been appointed as the managing director of Boeing Defence India.
As per the company's notification, transgender applicants with qualifications ranging from matriculation to BE/B Tech degrees from recognised institutes are eligible to apply.
The company manufactures and exports mild steel and carbon steel ERW black and galvanised pipes, hollow steel pipes, and cold-rolled steel (CR) strips and coils.
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