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  • Insights: What mutual funds, FIIs are betting on, and avoiding in this market

    Moneycontrol analyses FII, DMF underweight-overweight positions for June 2024

  • NCST asks Odisha govt to submit DMF fund diversion report

    The commission issued such a direction to the state government after a team headed by its chairperson Harsh Chouhan reviewed different aspects related to socio-economic development of tribal community in Odisha.

  • Govt bats for higher basic customs duty on steel products: Srcs

    CNBC-TV18 learns that the ministry may seek revision of basic customs duty between 10-25 percent, where the tax levied on long products would be 10 percent and on flat and stainless steel products would be 15 percent.

  • Have filed for 6 DMFs; Hyderabad audit pending: SMS Pharma

    In an interview with CNBC-TV18, P Ramesh Babu, CMD of SMS Pharma said that so far six Drug Master Files (DMFs) have been filed in this fiscal and one audit is still pending for the Hyderabad unit.

  • Sharp fall in LME to impact Q2, Hind Zinc net seen down

    Analysts polled by CNBC-TV18 poll say that reversal of higher DMF provisions will aid margins. DMF has been notified at 30 percent of royalty but in Q1FY16 the company was providing for DMF at 50 percent.

  • Expect 4% growth; demand pick-up by mid-Oct: Heidelberg

    Heidelberg will pass on the price rise — coming from district mineral fund (DMF) and value-added tax (VAT) — to customers, Jamshed Naval Cooper, CEO and MD of Heidelberg Cement India

  • 'Iron ore miners' contribution to DMF seen at Rs 1,530cr'

    The DMF is a corpus collected from miners to be used for the welfare of the people affected by mining

  • Govt approves District Minerals Fund

    Union Minister for Steel and Mines Narendra Singh Tomar says 10 percent of royalty will be set aside for new mining leases while 30 percent will be set aside for existing mining leases.

  • Dr Reddy's Q1 net up 14% at Rs 626 cr led by US & India biz

    Total income, during the quarter, rose to Rs 3,758 crore up 7 percent from Rs 3,517.5 crore year-on-year. It earned forex gain of Rs 1.2 crore in Q1FY16 against Rs 47.6 crore (Y-o-Y).

  • HZL to invest Rs 8,000 cr in Rajasthan over next 3 yrs

    Hindustan Zinc is set to invest Rs 8,000 crore in Rajasthan over the next three years. A subsidiary of Vedanta Resources, HZL, will invest Rs 6,600 crore in mining and Rs 1,400 crore in Greenfield fertiliser plant. The company has close to Rs 30,000 crore cash in books.

  • MMDR select panel recommends changes to bill

    The select panel on MMDR has recommended additional contribution to district mineral fund (DMF)

  • Improvement in gross margins likely to continue: Ipca Labs

    Last week, Ipca Laboratories reported net profit of Rs 87.89 crore for the quarter ending December 31, 2012 on the back of strong sales across domestic and international markets. AK Jain, ED, Ipca Laboratories told CNBC-TV18 that the margins are going to remain in the regions of around 32 percent plus.

  • Nectar Lifesciences manufacturing unit gets US FDA nod

    Nectar Lifesciences has received US Food and Drugs Administration (FDA) approval for its Active Pharmaceutical Ingredients (API) manufacturing plant Unit-II in Dera Bassi, Punjab.

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