Soybean meal prices doubled; govt should permit import at zero duty: AIPBA
NEW DELHI: Expressing concern over rise in animal feed prices in the domestic market, the All India Poultry Breeders Association (AIPBA) on Sunday demanded the government to reduce import duty on soybean meal to zero for at least five months. Soybean meal remains the most common protein source for all compound feeds for poultry, dairy […]
Birlas betting big on realty, lines up Rs 1,000 crore capex for Birla Estates
NEW DELHI: Century Textiles & Industries, which runs three business verticals — paper & pulp, realty and paper tissues, and nets over 70 per cent of the income from the first — is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing […]
Maruti, Toyota, Mahindra & Mahindra remain bullish on long-term growth of used car business
NEW DELHI: Leading automakers Maruti Suzuki India (MSI), Mahindra & Mahindra and Toyota Kirloskar Motor are bullish on the long-term growth prospects of their respective used car verticals even as the second wave of COVID-19 continues to pose severe challenges to the business activities across the country. The companies remain a bit circumspect regarding the […]
Nine of top-10 firms gain Rs 2.41 trillion in market capitalization; HDFC Bank, RIL lead chart
NEW DELHI: Nine of the 10 most valued companies together added Rs 2,41,177.27 crore in market valuation last week, in line with a strong broader market, with HDFC Bank and Reliance Industries topping the list. During the last trading week, the 30-share BSE benchmark Sensex jumped 1,807.93 points or 3.70 per cent. From the top-10 […]