Haryana will have a Dalit deputy chief minister if the BSP-INLD alliance wins the October 5 polls, says BSP supremo Mayawati. Abhay Singh Chautala will be the chief minister with two deputies. Mayawati also demanded a caste census. Welfare measures like free cooking gas cylinders and cash doles were announced by Chautala.
Coromandel International acquire additional stake in BMCC, Senegal (25-09-2024)
Coromandel International announced acquisition of additional equity stake in Baobab Mining and Chemicals Corporation (BMCC), Senegal, through its wholly owned subsidiary Coromandel Chemicals. Coromandel will acquire an additional 8.82% equity stake in BMCC, taking its overall shareholding to 53.8%.
Bank of India raises Rs 2,500 cr Tier II Bonds (25-09-2024)
Bank received total Bid of Rs 6,046 crore in overwhelming response from Investors and the issue was oversubscribed by 6.05 times against the base issue size. Further, Bank has decided to accept bids of Rs 2,500 crore at coupon rate of 7.49%.
Vedanta board to meet on October 8 to consider fourth interim dividend (25-09-2024)
The company has set as October 16 as the record date.
GST, demonetisation used as weapons to clear roads for business tycoons: Rahul Gandhi (25-09-2024)
Rahul Gandhi, Leader of Opposition in Lok Sabha, criticised the Centre’s ‘Make in India’ project, alleging that GST and demonetisation were used to benefit business tycoons like Adani and Ambani. Speaking at an election rally in Jammu, he accused the BJP of using central agencies to intimidate opponents and claimed that government policies are harming small businesses while favoring billionaires.
Cipla to acquire JV partners’ 6.91% in Cipla Jiangsu (25-09-2024)
Cipla Jiangsu was incorporated in China on 8th August 2019 as a joint venture between Cipla (EU) and Jiangsu XiDi Pharmaceuticals Co. (Xidi), for the purpose of manufacturing, selling and distribution of pharmaceutical products, research and development services and analytical development services. Cipla Jiangsu has set-up a manufacturing facility in China, primarily focused on inhalation respules products. Currently, Cipla EU and Xidi holds 93.0876% and 6.9124% equity interest respectively in Cipla Jiangsu.
More urban shoppers opting for Qcom platforms (25-09-2024)
Quick commerce (Qcom) platforms are bringing upon a rapid change in the behaviours of online shoppers, with 31 per cent of buyers relying on the fast delivery option for grocery needs, according to a new study.
IEX, Vodafone Idea among 5 stocks with long unwinding (25-09-2024)
Long unwinding occurs when investors sell stocks or positions they have held for an extended period, either to secure profits or to exit in anticipation of a potential market downturn.