The Supreme Court (SC) has agreed to hear a petition filed by the Food Safety and Standards Authority of India (FSSAI) against Nestle India.
Posts tagged MC
SC to hear FSSAI petition against Maggi noodles ban lift (11-12-2015)
Essar secures loan from Russia’s VTB to delist shrs:Sources (11-12-2015)
Essar, promoted by billionaire brothers Shashi and Ravi Ruia, needs funds to pay down debts to banks including Standard Chartered, while Rosneft wants to spread its reach across Asian markets to hedge against the risk that any new Western sanctions against Russia could hit crude sales.
Crude oil holds at seven-year lows as global glut persists (11-12-2015)
Brent crude futures were down 29 cents at USD 39.44 a barrel at 0551 GMT, a touch above a near-seven-year low hit earlier in the session at USD 39.38 a barrel
Three stocks poised to run in 2016: Nirmal Bang (11-12-2015)
Three stocks that Pai named are SKS Micro, Swaraj Engines and TD Power, on which the brokerage has a price target that implies potential upside of anywhere between 34 and 60 percent.
Suven Life secures 4 product patents, stock gains 5% (11-12-2015)
These patents are corresponding to the New Chemical Entities (NCEs) for the treatment of disorders associated with Neurodegenerative diseases and are valid through 2030.
Texmaco Rail rises 8% on signal telecom order from DFCCIL (11-12-2015)
“A four-company consortium of Texmaco Rail Engineering, Hitachi Japan, Mitsui Company and Hitachi India has won a contract for design and construction of signal telecom works of STP5 project,” says the Kolkata-based rail solution company in its fling to exchange.
COMPAT sets aside Rs 6300 cr penalty on 11 cement companies (11-12-2015)
Corporate tax lawyer, HP Ranina, says this move by COMPAT will give the companies an opportunity to prove that they did not resort to cartelisation and the prices were independently based on the demand supply situation and other related factors.
TataComm to sell Neotel stake to Vodafone South Africa arm (11-12-2015)
Tata Communications on November 23 had said shareholders of its majority-owned South African telecom firm Neotel and Vodafone South Africa are in discussion over a revised transaction structure of the deal.
Maha mulling to implement ‘4-way formula’ to boost GDP (11-12-2015)
Elaborating on the formula, he said the expenses on unproductive sectors will be reduced or stopped while expenses on productive sectors would be increased, leakages in tax mechanisms would be sorted out and the state will promote multi-tasking manpower.
China yuan falls to lowest since August 2011 versus dollar (11-12-2015)
The yuan, or renminbi as it’s also known, fell to 6.4550 against the dollar, its lowest level since August 2011.