Nifty futures on the Singapore Exchange traded 51.5 points, or 0.28 per cent, lower at 18,612.50, signaling that Dalal Street was headed for a negative start on Thursday. Oil falls after a large surprise build in US crude stocks. Catch Stacy Pereira, Moneycontrol in conversation with Chandan Taparia, Technical Analyst.
Indian shares fell on Wednesday after hitting five-month highs for three sessions in a row, as caution set in ahead of the US Congress's approval of the debt deal and fresh concerns about China's stuttering economic recovery weighed on the sentiment. Nine of the 13 major sectoral indexes logged losses, with the high-weightage financials falling 0.8%. India's largest state-owned lender State Bank of India Ltd lost over 2% on its record date for dividend.. Nandita Khemka & Yatin Mota discuss the newsmakers on their radar including Patanjali & Adani Ports only on closing bell.
Stock exchanges NSE and BSE have frozen the shares of promoters of Baba Ramdev-led Patanjali Group firm Patanjali Foods, which is a major edible oil player.
Earlier, the stock exchanges put a freeze on 292.58 million shares of promoter group entities of Patanjali Foods Ltd for not meeting the minimum public shareholding norm within the stipulated deadline.
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Ramdev said, 'Corporates spend 99 percent of their time in self-interest, whereas a seer's time is for common good.'
Nepal’s drug department said only a few of the Indian companies were registered and most were new and still awaiting approval to sell drugs.
Reliance Consumer Products Ltd (RCPL), the newly set up FMCG arm of Reliance Retail Ventures Ltd (RRVL) last week made a foray into staples with launch of brand Independence in line with announcement Ambani had made at the company’s annual shareholder meeting earlier this year.
Total Income stood at Rs 8,524 crore during the quarter, against Rs 6,010 crore in Q1 FY22.
A letter asking Divya pharmacy to stop manufacturing of these five drugs was sent November 9
"Patanjali Group's current turnover is around Rs 40,000 crore. The Group turnover is expected to reach Rs 1 lakh crore in 5-7 years," he told reporters here.
Earlier this month, the food ministry had directed edible oil companies to reduce prices of edible oil in line with the fall in global rates.
Patanjali Ayurved to transfer food retail business to Ruchi Soya. Catch Karunya Rao in conversation with Baba Ramdev of Patanjali and Sanjeev Astana of Ruchi Soya as she discusses the company's growth plans and impact on investors.
The meeting of the parliamentary standing committee on finance, chaired by former minister of state for finance Jayant Sinha, lasted for more than two-and-a-half-hours, in which queries were also raised on cryptocurrencies, sources in the panel said.
On Monday, market regulator had provided an option to the investors in Ruchi Soya's FPO to withdraw their applications following the circulation of the unsolicited message
Baba Ramdev also announced that Patanjali Ayurved will demerge all its food businesses into the listed entity Ruchi Soya Industries.
Ruchi Soya’s FPO is being priced at a sharp discount to its last traded price, leading to its shares falling sharply
The regulator needs to ask how Ruchi Soya's valuation has been so pliant.
Adani Wilmar and Ruchi Soya are coming to the public issue market at the same time to raise almost similar amounts
As Ruchi Soya files for an FPO, Moneycontrol’s Karunya Rao caught up with Baba Ramdev, Founder, Patanjali Group and Sanjeev Asthana, CEO, Ruchi Soya, to understand the company’s plans to expand capabilities and market share further, how they plan to use the FPO proceeds and the roadmap for Patanjali’s impending IPO.
Businesses making donations to Patanjali Research Foundation Trust during 2021-22 to 2026-27 can claim a tax deduction on such contributions, a CBDT notification said.
The case was filed on Wednesday night against Ramkrishna Yadav alias Baba Ramdev based on a complaint filed by the Chhattisgarh's unit of the Indian Medical Association (IMA), Raipur's Senior Superintendent of Police Ajay Yadav said.
Ruchi Soya said that the issue committee constituted and authorised by its board has approved raising of funds by way of further public offer of equity shares of the company.
Nepal's government has not issued any formal ban order against Coronil in the country, said Health Ministry Spokesperson Dr Krishna Prasad Poudyal
As per a release issued by a doctors' association, June 1 will be observed as 'Black Day'.