Dollar Industries has increased its stake in Pepe Jeans Innerfashion by making further investment of Rs 4 crore representing 28.57% along with the post allotment of Equity share capital of Pepe Jeans Innerfashion on November 10, 2018. The total investment of the company post allotment stand increased to Rs 7 crore representing 50% of the … Read more
Nerka Chemicals has bought 50,000 equity shares of UPL on October 05, 2018 representing 0.01% of the total shareholding in the company. After this acquisition, Nerka Chemicals’ shareholding is 10,23,92,927 equity shares representing 20.10% of the total shareholding in the company. UPL is global player of crop protection products has customer base in 123 countries. … Read more
Mercator’s Promoter and Executive Chairman, Harish Kumar Mittal has purchased 1,000,000 equity shares from the open market. With this acquisition, the total promoter holding in Mercator has increased to 31.17%. Mercator is one of India’s largest private sector Dredging Company. The group has a presence in varied segments namely shipping, offshore services, oil exploration and … Read more
According to sources, the MSP of paddy (common grade) has been increased by 200 rupees to 1,750 rupees per quintal, while that of Grade A variety by 160 rupees per quintal to 1,750 rupees. The MSP of medium staple cotton has been increased to 5,150 rupees from 4,020 rupees and that of long staple cotton … Read more
India, which is over 80 per cent dependent on imports to meet its oil needs, has mandated blending of up to 10 per cent ethanol in petrol but inadequate availability has restricted this to under 4 per cent. Higher price for ethanol extracted in the process of making sugar from sugarcane will incentivise higher ethanol … Read more
While import duty on walnut has been hiked to 120 per cent from 30 per cent, the same for shelled almond has been increased to Rs 120/kg from Rs 100/kg earlier. The import duty on chickpeas, Bengal gram (chana) and masur dal has been increased to 70 per cent from 30 per cent earlier, while … Read more
Sun Pharmaceutical Industries’ one of the wholly owned subsidiaries has increased its shareholding in Ranbaxy Malaysia, Malaysia, by way of further purchase of 386,865 shares of face value of MYR 1.00 each (equivalent to 4.84%) of Ranbaxy Malaysia. Ranbaxy Malaysia, is a subsidiary of the company, and the total shareholding of Sun Pharmaceutical Industries along … Read more
