Posts in category Business Standard
Yes Bank allots 31.38 lakh equity shares under ESOP (17-06-2024)
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Union Bank of India approves one time settlement offer from PC Jeweller (17-06-2024)
Union Bank of India, the second largest bank after State Bank of India amongst consortium banks of PC Jeweller in terms of its exposure, vide letter dated 15 June 2024 has conveyed its approval to the One Time Settlement (OTS) offer submitted by the Company.
Coromandel International signs MoU with ICAR-NBSS&LUP, Nagpur (17-06-2024)
For collaboration to provide improved crop management practices and advance crop nutrition to farmers in Maharashtra
Lupin appoints Abdelaziz Toumi as CEO of Lupin Manufacturing Solutions (17-06-2024)
LMS is engaged in the development, manufacture and sale of Active Pharmaceutical Ingredients and is starting to build its Contract Development and Manufacturing Operations business.
Gold, silver import from UAE surges 210%, need duty revision in FTA: GTRI (17-06-2024)
India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to USD 10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday.
Economic think tank Global Trade Research Initiative (GTRI) said this sharp rise in gold and silver imports is primarily driven by import duty concessions granted by India to the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
India allows 7 per cent tariffs or customs duty concessions on import of unlimited quantities of silver and a 1 per cent concession on 160 metric tonnes of gold. CEPA was signed in February 2022 and implemented in May 2022.
Additionally, India facilitates gold and silver imports by allowing private firms to import from the UAE through the India International Bullion Exchange (IIBX) in Gift City. Previously, only authorised agencies
Godawari Power board OKs Rs 301 cr share buyback (17-06-2024)
The iron ore mining company announced that its board has approved a share buyback of upto Rs 301 crore at a price of Rs 1,400 per equity share through tender offer route.
CLSA thinks pvt banks may outperform PSBs ahead; check reasons, top picks (17-06-2024)
CLSA expects private sector banks, which have been stock market laggards over the past few months, to give better returns ahead, given a good business outlook and inexpensive valuations
ixigo IPO: Shares to list tomorrow, June 18, on NSE, BSE; what’s GMP today? (17-06-2024)
ixigo IPO listing: Given the strong demand indicated by the oversubscription, the grey market premium (GMP) for ixigo shares as of June 17, 2024, stands at Rs 29
6 SME IPOs to open this week; check size, issue price, GMP and more (17-06-2024)
Falcon Technoprojects India IPO is a fixed price issue of Rs 13.69 crore. The issue is entirely a fresh issue of 14.88 lakh shares
IIFL Finance Q4 PAT slides 10% YoY to Rs 373 cr (17-06-2024)
The NBFC's consolidated net profit declined 9.53% year on year to Rs 373.41 crore in Q4 FY24 as the Reserve Bank of India (RBI) prohibited the firm from engaging in gold loan operations.