Three companies -- FirstMeridian Business Services Ltd, IRM Energy Ltd and Lohia Corp -- have received capital markets regulator Sebi's go-ahead to raise funds through initial public offerings (IPOs). These firms, which filed their preliminary IPO papers with the markets regulator between September 2022 and January 2023, obtained the observation letters during February 21-24, an update with the Securities and Exchange Board of India (Sebi) showed on Tuesday. In Sebi parlance, observation implies go-ahead to the company to float the initial share-sale.
Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs 2,000 notes from circulation. However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday. In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes due to strict Know your Customer (KYC) norms although sources said some jewellers have started charging a 5-10 per cent premium, taking the gold prices to Rs 66,000 per 10 grams level.
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
Prime Minister Narendra Modi was on Monday conferred with the highest honour of Fiji by its premier Sitiveni Rabuka in recognition of his global leadership, in a rare honour for a non-Fijian.
A bench headed by Chief Justice NV Ramana took note of a report filed by the commission which informed it that a decision to lift the ban on certain industries has been taken.
Five India players who were infected with COVID-19, including skipper Yash Dhull, have recovered and are available for the Under-19 World Cup quarter-final against Bangladesh.
West Indies strolled to a 152-run victory over Papua New Guinea in Khulna.
After hike in rates of petrol, diesel and LPG, the prices of CNG and cooking gas piped to household kitchens (PNG) in the national capital were hiked on Thursday by Re 1. CNG price in NCT of Delhi has been increased to Rs 59.01 per kg from Rs 58.01, according to the information posted on the website of Indraprastha Gas Ltd - the firm which retails CNG and piped cooking gas in the national capital. This is the third increase in CNG rates this month, which follows a spike in input (natural gas) prices across the globe.
Rajneesh Gupta presents us all the numbers that matter in T20 World Cup 2021.
Australia booked their place in the Under-19 World Cup 2022 Super League semi-finals with a 119-run win over Pakistan thanks to some fine top-order batting.
The overall Air Quality Index (AQI) of Delhi stood at 398 at 11 am, worsening from 357 at 4 pm on Friday. It was 354 on Thursday, 271 on Wednesday, 302 on Tuesday and 312 on Monday (Diwali).
All-rounder Shakib Al Hasan decimated minnows Papua New Guinea with a superb all-round performance as Bangladesh qualified for the Super 12s' of the T20 World Cup with a crushing 84-run victory on Thursday. Bangladesh, with a net run rate of +1.733 and four points in the kitty, ensured a place among the elite teams after a shocking opening game defeat against Scotland.
President Pranab Mukherjee's recent visit to the Pacific Island nation is path-breaking, but much more needs to be done, says Dr Rahul Mishra.
The Congresshas announced a three-phased campaign, "Mehngai-mukt Bharat Abhiyaan".
"(The) government has conveyed approval to public sector oil marketing companies to formulate a scheme for surrendering (of the) LPG connection by a customer who is being supplied piped natural gas," Petroleum Minister Murli Deora said. Alternately, the customer can also choose to keep the connection in safe custody. Thus, if he changes residence to an area not covered by PNG, he can avail a new LPG connection at the surrendered security deposit rate on a priority basis.
Acentral panel directed authorities to ban the plying of 4-wheeled diesel LMVs in Delhi and adjoining NCR districts and the entry of trucks into the capital.
Papua New Guinea secured their place in the ICC men's Twenty20 World Cup in Australia next year with a 45-run win over Kenya, in Dubai.
Shipments from Russia rose nearly 33 per cent to $1.1 billion in March from $831.17 million in the previous month, which was when the country mounted aggression on Ukraine and faced sanctions from Western nations, the data accessed by Business Standard shows. Growth in imports was largely on account of oil, people aware of the matter said. The Department of Commerce is learnt to have written to the Ministry of Petroleum and Natural Gas (MoPNG), seeking details of imports, including the payment mechanism, which India has not made public.
State-owned Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought natural gas to be produced from the deepest field in the KG-D6 block of Reliance Industries Ltd and bp, sources said. IOC walked away with almost half of the 6 million standard cubic meters per day of gas sold in an e-auction on Wednesday while state-owned gas utility GAIL bought 0.7 mmscmd, Adani-Total Gas Ltd 0.4 mmscmd, Shell 0.5 mmscmd, GSPC 0.25 mmscmd and IGS another 0.5 mmscmd, two sources with knowledge of the matter said. Reliance-bp on Wednesday held an e-auction for sale of gas from the MJ field in their eastern offshore KG-D6 block after incorporating the government's new marketing rules to give CNG-selling city gas companies first priority over supplies.
Nivethan Radhakrishnan fired Australia to third place in the ICC Under 19 World Cup
Zimbabwe's first match will take place on the second day of the competition against fellow qualifier Ireland in Hobart on October 17.
The auspicious day of Akshaya Tritiya has begun on a strong note as jewellers are witnessing good footfalls and being a public holiday on Tuesday, consumers are flocking to the stores early before the temperature soars. "Jewellers across the country have opened their stores early across the country and there is a strong momentum in footfalls since morning. "There has been positive sentiment in the market since the last 10-15 days and we expect it to continue on the day of Akshaya Tritiya.
The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. The duty changes came into effect on June 30. Earlier, the basic customs duty on gold was 7.5 per cent, now it will be 12.5 per cent.
Two-time world champions West Indies will be the star attraction when 10 teams battle it out at next month's ICC Cricket World Cup qualifier for the two remaining places at the mega-event in 2019.
The Tihar jail authorities expect the network, which will carry gas to jail kitchens, to be laid out by April and this will cost about Rs 60 lakh, Director General (Prisons) B K Gupta told reporters. "LPG cylinders are widely used by prisoners during riots in jails and we want to avoid such incidents," he said. During the January 7 jail riots in a Jalandhar prison, the inmates threw LPG cylinders into the fire but luckily, these did not explode.
The five-day course aims to raise awareness among students on remote sensing technology and its use for the study of planet earth and its environment.
Piped cooking gas rates are also increased by Re 1 with effect from midnight.
Modi govt is committed to extend the piped gas networks in the country to 30,000 kms in the next 15 years as against the 15,000 kms network today
The cost of CNG, which will be reduced by up to Rs 15 per kg in the next few days following a rejig in natural gas allocation, will go up by Rs 10.6 a kg in April, when domestic gas prices almost double.
Price has increased from Rs 41.90 to Rs 45.60.
'I clearly recall how you immediately directed your administration to identify and allocate land, water, and other clearances in the shortest time possible.' 'That was the fastest decision-making process I have ever witnessed.'
India and Pakistan are placed in Group 2 along with World Test Championship winners New Zealand and Afghanistan.
The Petroleum Ministry in an order on Wednesday said it has revised guidelines for allocation/supply of domestic natural gas to city gas distribution entities for CNG and piped cooking gas sector.
The arrival of Novak Djokovic led to incongruous scenes outside the hotel, with members of the Serbian expatriate community draped in the national flag and playing traditional music joining refugee activists in protests.
Hong Kong's victory over Nepal in their first match and the abandonment due to rain in the second means no team can close the gap on Netherlands and PNG, who became the first two teams from the ICC World Cricket League Championship (WCLC) to confirm their places in the CWCQ.
The reduction in natural gas prices would mean lower raw material cost for compressed natural gas (CNG) and natural gas piped to households (PNG).
India will open their campaign in the T20 World Cup with a high-profile clash against Pakistan in Dubai on October 24, the International Cricket Council said on Tuesday.
The Women's T20 World Cup is scheduled to begin from February next year and the first match of the tournament will be played between India and Australia.
The odds will be stacked heavily in favour of India when the title contenders, with an eye on securing a knockout berth, meet minnows Papua New Guinea in the ICC U-19 World Cup, in Mount Maunganui, on Tuesday.
A couple and their two children were injured in a small LPG cylinder blast in their house in Sarai Kale Khan area of South Delhi on Friday, the police said.
