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Fall Of Bira 91
11 Oct

Fall Of Bira 91

Purbalee DuttaNews
A minor legal name change has led to major regulatory and operational disruptions for B9 Beverages, the parent company of Bira 91 beer. Over 250 employees have signed a petition seeking the removal of founder Ankur Jain, citing mismanagement, unpaid salaries, and outstanding vendor payments, according to The Economic Times. The issues began when the company changed its name from B9 Beverages Private Limited to B9 Beverages Limited in FY 2023–24, removing the word "Private." Though seemingly minor, the change caused states to view it as a new entity, resulting in immediate bans on Bira 91 sales. Fresh approvals, licenses,…
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Aluminum futures prices upsurge: Fuel prices rise on new deals
22 Sep

Aluminum futures prices upsurge: Fuel prices rise on new deals

editorBusiness, News
New Delhi: Aluminum prices rose by 35 paise to Rs 260.25 per kg in futures trade on Monday as speculators created new positions amid positive sentiment in the spot market. The price of aluminum contract for October delivery on the Multi Commodity Exchange rose by 35 paise, or 0.13 percent, to Rs 260.25 per kg, with a turnover of 2,040 lots. Analysts said fresh buying by traders amid demand from consumer industries supported aluminum prices in the futures market.
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Vodafone Idea shares arise on news of AGR hearing
20 Sep

Vodafone Idea shares arise on news of AGR hearing

editorBusiness, News
New Delhi: Shares of telecom giant Vodafone Idea Limited (VIL) rose more than 7 percent on Friday after the Supreme Court agreed to hear on September 26 its plea seeking quashing of additional adjusted gross revenue (AGR) demands for the 2016-17 period. The stock closed 7.13 percent higher at ₹8.41 per share on the BSE. During the day's trading, it rose 12.35 percent to ₹8.82. On the NSE, it rose 7.14 percent to ₹8.40. A bench of Chief Justice B.R. Gavai, Justice K. Vinod Chandran, and Justice N.V. Anjaria's bench was hearing VIL's fresh plea against the Department of Telecommunications'…
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Direct tax revenue upgrade by 9% to over ₹10.82 lakh crore
19 Sep

Direct tax revenue upgrade by 9% to over ₹10.82 lakh crore

editorBusiness, News
New Delhi: Net direct tax collections in Delhi so far this financial year have increased by 9.18 percent to over ₹10.82 lakh crore, driven by higher advance tax collections from companies and public sentiment. Between April 1 and September 17, the rate of issuance of advance tax was 24 percent, accounting for ₹1.61 lakh crore. During this period, company directors' tax collections increased by 6.11 percent to over ₹3.52 lakh crore. However, non-corporate pre-tax collections contributed 7.30 percent to over ₹96,784 crore. Between April 1 and September 17, net company collections exceeded ₹4.72 lakh crore, compared to ₹4.50 lakh crore…
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Cottonseed oil futures prices decrease due to weak demand
18 Sep

Cottonseed oil futures prices decrease due to weak demand

editorBusiness, News
New Delhi: Cottonseed oil cake prices fell by Rs 9 to Rs 2,914 per quintal in futures trade on Thursday as traders reduced their positions following a weak trend in the spot market. On the National Commodity Exchange (NCDEX), cottonseed oil cake contracts for December delivery fell by Rs 9, or 0.31 percent, to Rs 2,914 per quintal with a turnover of 13,320 lots. Analysts said selling by traders at current levels amid subdued market sentiment mainly led to the fall in cottonseed oil cake prices.
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Coriander futures prices upgrade on demand
17 Sep

Coriander futures prices upgrade on demand

editorBusiness, News
New Delhi: Coriander prices rose by Rs 14 to Rs 8,306 per quintal in futures trade on Wednesday as speculators increased their positions, tracking a firm trend in the spot market. On the National Consumer Disputes Redressal Exchange (NCDEX), coriander contracts for October delivery rose by Rs 14, or 0.17 percent, to Rs 8,306 per quintal, with a turnover of 15,660 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and limited supplies from producing regions.
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Suzlon Energy upgrade 2% after bagging largest order of FY26
16 Sep

Suzlon Energy upgrade 2% after bagging largest order of FY26

editorBusiness, News
Shares of Suzlon Energy rose over 2% to hit an all-time high of ₹59.28 per share on Tuesday, September 16, after bagging its largest order for FY2025-26. The renewable energy company has received an 838 MW order from Tata Power Renewable Energy Ltd (TPREL) under its Firm and Dispatchable Renewable Energy (FDRE) project. This is Suzlon’s second-largest order ever after the 1,544 MW order from NTPC Green Energy, and reflects the growing role of FDRE projects in accelerating India’s energy transition, the company said. The 838 MW project will consist of Suzlon's 266 S144 wind turbines, each with a rated…
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Coriander futures prices upgrade on demand
15 Sep

Coriander futures prices upgrade on demand

editorBusiness, News
New Delhi, Coriander prices on Monday rose by Rs 44 to Rs 8,096 per quintal in futures trade as speculators increased their positions in view of a firm trend in the spot market. At NCDEX, coriander contracts for October delivery rose by Rs 44, or 0.54 per cent, to Rs 8,096 per quintal in a business turnover of 14,360 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and limited supplies from producing regions.
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Infosys share price inflation over 2% on record ₹18,000 crore buyback programme
13 Sep

Infosys share price inflation over 2% on record ₹18,000 crore buyback programme

editorBusiness, News
Infosys share price: Shares of information technology services major Infosys rose over 2% on Friday, September 12, after the company's board of directors approved its largest ever share buyback programme of ₹18,000 crore. This share buyback programme of Infosys matches the largest ever plan of IT major TCS. In 2022, Tata Consultancy Services had bought back 4 crore shares worth ₹18,000 crore at ₹4,500 per share. Infosys Share Price At 12:36 pm, Infosys shares were trading 1.23% higher at ₹1,528.30 per share on the National Stock Exchange. It has a market capitalization of ₹6,34,583.41 crore. Intraday, it rose 2.19% to…
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Retail inflation upsurge to 2.07% in August; food prices remain in deflationary territory
12 Sep

Retail inflation upsurge to 2.07% in August; food prices remain in deflationary territory

editorBusiness, News
Core retail inflation rose marginally to 2.07% in August 2025 from 1.61% in July, well within the Reserve Bank of India's target range, according to official data released on Friday. The RBI has been directed not to allow inflation to rise beyond its tolerance range of 2%-6% for more than three consecutive quarters. Consumer Price Index (CPI) inflation in August rose 46 basis points year-on-year over the previous month, driven mainly by increased prices of vegetables, meat and fish, edible oils, eggs and personal care items. The National Statistical Office said, "The increase in core inflation and food inflation during…
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