Opposition parties have alleged that the two agriculture Bills will undermine the safety net provided to the farmers by the MSP system and will lead to their exploitation by big companies.
Recommends delisting of chana futures, open to lowering sugar import duty
Global IT major Oracle plans to use its Indian acquisition i-Flex to acquire more customers in the banking sector. Their joint sales pitch has now fetched them their first client among US retail banks
The Reserve Bank did not issue the final merger scheme for Lakshmi Vilas Bank (LVB) with DBS India on Friday as stated earlier and is likely to do so only next week, according to a central bank official. While placing LVB under a moratorium and then issuing a draft amalgamation scheme on November 17, the RBI had said it would issue the final merger scheme on November 20 (Friday) so as to help complete the resolution for the 94-year-old lender by December 16. However, as of 2200 hrs on Friday, the central bank did not issue the final merger scheme. When contacted, a senior RBI official told PTI that the same would now be issued early next week.
Tamil Nadu-based Lakshmi Vilas Bank (LVB) with pre-independence lineage on Friday lost its identity after its merger with the Indian subsidiary of Singapore's DBS Bank. The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation on Wednesday.
The CBI has alleged that Justice Shukla received illegal gratification from Justice (Retd) Quddusi and B P Yadav, chairman of Prasad Education Trust which runs a medical college in Lucknow, for getting a favourable order to prevent delisting from counselling sessions for admitting students in 2017.
Some of these proposals came from big names of India Inc., such as Birla Cement, Steel Authority of India Ltd. and Jas Infrastructure and Power Ltd.
Electrolux Kelivantor, which has got in-principle approval for delisting of its shares from stock exchanges, has decided to keep open the exit option for a period of one year from the date of delisting of shares from the bourses.
The acquirer would need to place an order before tendering period.
Vegetables and fruits have weights of 1.74 per cent and 2.11 per cent, respectively, in the wholesale price index.
In April, Snapdeal had said it was delisting the drugs from its portal and was assisting the regulator in the investigation.
SBI is expected to mop up almost $202 million via the share sale.
Flipkart, Amazon, too, under radar
The Agricultural Produce Marketing Committee law allows mandis to remain in the grip of a middlemen cartel, with clear links to politicians who run the governments.
Retail investors shunned the Bharti Infratel initial public offering.
The Biden administration expects the Modi government to continue to remain as its loyal camp follower even as Washington continues to act in self-interests, observes Ambassador M K Bhadrakumar.
Sebi also approved new delisting rules.
Verma and his wife Ancia Neascu were placed under arrest by the CBI after they failed to give convincing answers to the investigation agency which registered a fresh case against him on Thursday
Have underperformed the market in the rally that started in November.
This brand change is in line with the vision of 'one company'.
If you are not happy with the price offered at buybacks, you could be in for a long haul.
The move follows Rio Tinto Jersey Holdings 2010 Ltd's decision to delist Riversdale Mining Ltd, after the company's shareholding in the mining company increased to 73.20 per cent.
Firms with strong cash flows not happy with 25% public shareholding rule.
The company management remained tight-lipped about the resignations, but indicated there was nothing unusual in these movements.
Afghanistan President Hamid Karzai is seeking removal of upto 50 Taliban commanders from a United Nations terror blacklist in a gesture intended to advance a political reconciliation in his country.
The Reserve Bank on Thursday eased foreign direct investment (FDI) norms and allowed banks to provide guarantees on behalf of NRIs to acquire shares and debentures in Indian companies.
Prime Minister Narendra Modi on Sunday said his government has always taken care of the welfare of Sri Lankan Tamils and 'consistently' flagged the issue of their rights with the leaders in the island nation.
Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.
The Oil and Natural Gas Corp has deferred investments in Imperial Energy Plc to raise crude oil production and will rather consolidate the western Siberian operations of the UK-based firm it acquired recently.
Total income for the quarter ended March 31, 2019, stood at Rs 31,204.5 crore, up by 22.1 per cent from Rs 25,549.7 crore for the quarter ended on March 31, 2018,
Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.
The US president, who has expressed disappointment over China's handling of the COVID-19 pandemic, claimed that it was the "incompetence" of Beijing that led to the mass killing across the globe.
"The decision to list organisations such as Babbar Khalsa, Babbar Khalsa International and the International Sikh Youth Federation as terrorist entities under the Criminal Code is intended to protect Canada and Canadians from terrorism," Canadian public safety minister Stockwell Day said.
The regulator also said that it would have a re-look at the delisting guidelines.
Beside RIL's Jio Switch and Jio Browser, smaller Indian app companies who have been overwhelmed by TikTok are again seeing a big rush - even though till the second week of June they might not have been even listed in the top 100 apps in the country.
The market regulator decided to set up an investor protection fund. It also approved delisting guidelines, regulation of investment advisors and the consent order scheme.
So far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.
Essar Oil announced on Friday it will spend about $6 billion (Rs 24,000 crore) to more than triple its refining capacity in three years, and that it had shelved a plan to delist the company's shares from the stock market. The company, owned by Mumbai-based Ruias, plans to expand capacity from the current 10.5 million tonnes per annum to 34 million tonnes per annum by 2010.
Market regulator SEBI on Tuesday said it would ease norms for public offers and delisting of shares shortly, but step up market surveillance.
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