NEW DELHI, Dec 22:After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment. Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20). However, the trend reversed in the latter half of the week, with FPIs [] The post FPIs pull out

NEW DELHI, Dec 19: Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over Rs 14,130 crore from his attached assets. In a series of posts on social media platform X, Mallya said, The Debt Recovery Tribunal adjudged the KFA (Kingfisher Airlines) debt at Rs 6203 [] The post Will Pursu

SEHORE (Madhya Pradesh), Dec 8: ITC Agri Business Division is encouraging the cultivation of medicinal and aromatic plants to expand the conglomerates presence in the fast-growing health and wellness products market in the food, personal care and other categories. The agri-division of ITC is working with farmers and helping them to diversify their crops by encouraging them to cultivate high-demand crops like Ashwagandha, Tulsi, and Kalonji in Madhya Pradesh and turmeric in southern states. Thro

NEW DELHI, Dec 7:State-owned fertiliser firm NFL on Saturday said there is sufficient stock of urea in Punjab to meet the demand of the current rabi sowing season and advised farmers not to hoard nutrients. In a statement, NFL said, There are sufficient stocks available in Punjab for the Rabi season. Out of the total requirement of urea in Punjab for the Rabi season, regular supplies are being arranged in the state by fertiliser companies. Accordingly, sufficient quantity has [] The post Suffic

NEW DELHI, Dec 7: Leading cement maker UltraTech Cement has received a notice from the fair trade regulator CCI over its proposed acquisition of the South-based India Cements Ltd. UltraTech Cement, in a regulatory filing, said it has received notice from the Competition Commission of India (CCI), and the Aditya Birla group flagship firm is confident in the merits of its case. The Company has received a communication from the Competition Commission of India under Section 29 (1) of [] The post Ul

NEW DELHI, Dec 3:Realty firm Godrej Properties Ltd has raised Rs 6,000 crore by selling shares to institutional investors, including Singapore sovereign wealth firm GIC and SBI Pension, through qualified institutional placement (QIP) route as it looks to expand business amid strong demand for residential plots and apartments. On November 27th, the company launched its QIP issue to raise up to Rs 6,000 crore. The company has raised this amount by diluting nearly 8 per cent of equity through [] T

NEW DELHI, Nov 25:Solarworld Energy Solutions has raised around Rs 110 crore in a pre-IPO placement round from a clutch of investors including ValueQuest Investment Advisors. With this, the fresh issue component of the companys planned IPO (initial public offering) has been reduced to Rs 440 crore, from Rs 550 crore projected earlier. In a public announcement last week, the solar energy solutions provider said it has allotted 31.24 lakh shares to investors at Rs 352.05 apiece, aggregating the [

MUMBAI, Oct 29: Lubes maker Gulf Oil Lubricants India on Tuesday said it has appointed Abhijit Kulkarni as Chief Commercial Officer (CCO) to oversee the companys B2B and B2C channel business segments (excluding OEM). Kulkarni, who will report directly to the companys Managing Director and CEO Ravi Chawla, joins Gulf Oil from Unilever, where he held several leadership positions over 16 years. His experience includes serving as Cluster General Manager for the ice cream business in Thailand, Malay