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From left, Vice President of Marketing and Sales of the Honda Cars India Ltd. Kunal Behl, the company’s President and CEO Takuya Tsumura, the company’s Marketing and Sales Director Ryuto Shimizu, and Product Development Team representative for the All-New Amaze from Honda R&D Asia Pacific Peerachet T at the global debut of the All-New 3rd…
Read More “Honda Cars to hike vehicle prices by up to 2% from January” »
Pharma major Cipla Ltd on Friday (December 20, 2024) said a fine of over ₹1 crore has been imposed on the company by GST authority for alleged inadmissible credit claim. The company has received an order dated December 18, 2024 passed by the GST authority, imposing a penalty of ₹1,11,94,324 under applicable provisions of the…
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The total financial implication of the copra MSP hike would be ₹855 crore. | Photo Credit: The Hindu The government on Friday (December 20, 2024) announced an increase in the minimum support price (MSP) for copra by up to ₹420 to ₹12,100 per quintal for 2025 with a budget outlay of ₹855 crore. A decision…
Read More “Government hikes copra MSP by up to ₹420 to ₹12,100 per quintal” »
Tea (Camellia sinensis) leaves. | Photo Credit: K. Ananthan The North Eastern Tea Association (NETA) has hailed the United States Food and Drug Administration (FDA)‘s recognition of tea from the plant Camellia sinensis as a healthy beverage. On December 19, the FDA issued a final rule to update the “healthy” nutrient content claim to help consumers identify…
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From the 30 blue-chip Sensex pack, JSW Steel, Nestle and Titan were the gainers. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty plunged about 1.5% on Friday (December 20, 2024), taking their downtrend to the fifth straight session, owing to risk aversion in the global markets after the hawkish stance of the…
Traders said the rupee recovered from lower levels in the latter half of the day on the softening of the U.S. dollar index and a potential intervention by the RBI. File Photo: Venkatachalapathy C. The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 (provisional) against the…
Read More “Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar” »
Cupid Limited, which is into Fast Moving Consumer Goods (FMCG) has announced the appointment of four new directors on its board to strengthen governance. “Smeeta Bhatkal, the Dean, BFSI at Welingkar Institute of Management; Santosh Desai, Managing Director and CEO of Future Brands Limited and Akshay Kumar who had previously worked with Unilever, Citibank, Standard Chartered, Bharti Airtel have joined as…
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StandardAero is also a MRO services provider for CFM LEAP-1B engines, which power SpiceJet’s Boeing 737 MAX planes. File | Photo Credit: Reuters SpiceJet has entered into an agreement with US-based StandardAero that will provide the services for operationalising the airline’s grounded Boeing 737 MAX planes and three of the aircraft are expected to return…
The logo of the Securities and Exchange Board of India (SEBI) is seen on the facade of its headquarters in Mumbai. | Photo Credit: REUTERS Six entities, including Samir Kothari and Jitendra N. Kewalramani, has settled with Sebi in a case pertaining to the suspected front-running of trades by paying ₹3.49 crore towards settlement charges….
Read More “Six entities pay ₹3.49 crore to settle front-running trade case with Sebi” »
Representational image only. File | Photo Credit: The Hindu “Export of special technical textile products grew 6.2% between April and November compared with the same period last year,” said Ashok Kumar Malhotra, Mission Director of the National Technical Textiles Mission (NTTM). Mr. Malhotra told The Hindu on Friday (December 20, 2024) that the exports were worth ₹2,915…
Read More “Export of special technical textile products on rise, says NTTM official” »