Posts in category Business Standard
Coromandel International launches new fertilizer – Paramfos Plus (28-06-2024)
'Paramfos Plus' fertiliser contains 16% Nitrogen, 20% Phosphorus, and 13% Sulphur, along with an additional 0.6% Magnesium. The added Magnesium boosts photosynthesis, chlorophyll production, and promotes the vegetative growth of plants leading to improvement in both quality and yield. It is versatile and can be applied both as a basal and top dressing for a wide variety of crops, including paddy, cotton, maize, sugarcane, pulses, ragi, groundnut, oilseeds, and vegetables. Additionally, it is suitable for use on cereals, legumes, tuber crops, fruit-bearing plants, and various horticultural crops, ensuring comprehensive nutrient support across diverse agricultural practices.
SEBI overhauls delisting, F&O rules, cracks down on finfluencers (28-06-2024)
The Securities and Exchange Board of India (SEBI) on Thursday announced multiple reforms. Delisting procedures are streamlined, with companies gaining the option of a fixed-price buyback at a 15% premium for delisting alongside the existing process. Additionally, the minimum public shareholding requirement for delisting via counter-offer has been reduced.
Government of India receives Rs 572845 crore upto May 2024 (28-06-2024)
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ICICI Prudential MF adds Energy Opportunities Fund to thematic line-up (28-06-2024)
Expects growing power demand, government's renewable push to generate value for investors
Vraj Iron and Steel IPO subscribed 119.04 times (28-06-2024)
The offer received bids for 73.07 crore shares as against 61.38 lakh shares on offer.
Allied Blenders and Distillers IPO ends with good subscription (28-06-2024)
The offer received bids for 92.71 crore shares as against 3.93 crore shares on offer.
Bulls take a breather: Indices cool after 4-day streak (28-06-2024)
Domestic equity benchmarks gave back some early gains today, ending with small losses after a four-day winning streak. Profit taking in private and financial stocks weighed on the market, while oil & gas, healthcare and PSU banks bucked the trend. High valuations remain a concern for some traders.
India’s Fiscal Deficit In Apr-May At 3% Of FY25 Target (28-06-2024)
The revenue receipts, however, exceeded the expenditure, resulting in a surplus of Rs 90,923 crore, the CGA data showed. Higher tax revenue and the RBI dividend have kept the revenue receipts at 19 per cent of the budgeted estimates for April-May FY25 period, compared to around 15 per cent in the corresponding period last year.
India’s Eight Core Industries Index Rises 6.3% In May (28-06-2024)
The ICI measures the combined and individual performance of production of eight core industries viz. Cement, Coal, Crude Oil, Electricity, Fertilizers, Natural Gas, Refinery Products and Steel. The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).
Australian Markets Inch Up Flat (28-06-2024)
Suncorp rose 3.6 percent after Federal Treasurer Jim Chalmers gave the go-ahead to ANZ to acquire its banking arm. Nine Entertainment rose 1.1 percent after an announcement that the trouble-plagued media firm will cut up to 200 jobs.