Payment of ₹432-crore bonus to paddy farmers pending for two months: Harish Rao

Payment of ₹432-crore bonus to paddy farmers pending for two months: Harish Rao

T. Harish Rao. | Photo Credit: File Photo HYDERABAD Former minister and Bharat Rashtra Samithi (BRS) leader T. Harish Rao has alleged that the Congress government in the State is deceiving paddy farmers by delaying payment of ₹432 crore bonus for 8.64 lakh tonnes of fine varieties procured about 50 days ago. In a letter … Read more

Lumino Industries files draft papers with Sebi to raise Rs 1,000-cr via IPO

Lumino Industries files draft papers with Sebi to raise Rs 1,000-cr via IPO

Conductors and power cables manufacturer Lumino Industries has filed preliminary papers with capital markets regulator Sebi to raise 1,000 crore through an initial public offering (IPO). The Kolkata-based company’s IPO is a combination of a fresh issue of shares worth Rs 600 crore and an offer-for-sale component of up to Rs 400 crore by promoters. … Read more

Contractors protest in front of GHMC headquarters for payment of dues

Contractors protest in front of GHMC headquarters for payment of dues

Contractors working for the Greater Hyderabad Municipal Corporation staged a demonstration in front of the corporation’s headquarters on Thursday, demanding immediate payment of money due to them for the works carried out last year. The situation turned tense when a couple of the contractors threatened self-immolation, drenching themselves in kerosene, but their attempt was thwarted … Read more

BRS terms payment of salaries on 1st of every month as false claim

BRS terms payment of salaries on 1st of every month as false claim

BRS leaders visiting a tribal welfare residential school student undergoing treatment in NIMS Hospital in Hyderabad on Saturday, following her illness due to food poisoning on December 10. HYDERABAD Senior leader of Bharat Rashtra Samithi (BRS) T. Harish Rao has stated that the State government has not been paying rents of Anganwadi Centres, wherever they … Read more

Volunteers stage protest demanding payment of pending honorarium in Vijayawada

Volunteers stage protest demanding payment of pending honorarium in Vijayawada

AP State Volunteers Association members staging a protest demonstration in Vijayawada on Monday. | Photo Credit: K.V.S. GIRI Andhra Pradesh State Volunteers Association members staged a protest, demanding the State government do justice to them. They submitted a memorandum to the NTR District Collector here on Monday, November 25. They urged the government to release … Read more

Ahead of IPO, Enviro Infra Engineers mobilises Rs 195 cr from anchor investors

Ahead of IPO, Enviro Infra Engineers mobilises Rs 195 cr from anchor investors

Enviro Infra Engineers, which is involved in the development of turnkey projects of sewage treatment plants and sewerage system, on Thursday collected around Rs 195 crore from anchor investors, a day before its initial share sale opening for public subscription. Quant Mutual Fund, Motilal Oswal Mutual Fund, LIC Mutual Fund, Abakkus Diversified Alpha Fund-2, Singularity … Read more

Union opposes online payment of wages to handloom weavers

Union opposes online payment of wages to handloom weavers

The AITUC Tamil Nadu Handloom Weaving Workers’ Federation opposed the disbursement of wages to weavers through digital mode. In a resolution passed at the State-level meeting held at Kumbakonam on Saturday, the federation claimed that disbursement of wages through banks would cause immense inconvenience to weavers and therefore cash disbursement should be continued. It demanded … Read more

Employer organisations can make labour welfare board payment online

Employer organisations can make labour welfare board payment online

The Tamil Nadu Labour Welfare Board has launched a portal through which employers (along with employee contribution) can make the payment towards the welfare fund. The portal is available at: www.lwmis.lwb.tn.gov.in An announcement from the Secretary of the Tamil Nadu Labour Welfare Board said that employer organisations could undertake this one time online self-registration through … Read more

Deepak Fertilizers among 16 stocks to trade ex-dividend tomorrow. Last chance to buy for eligibility

Deepak Fertilizers among 16 stocks to trade ex-dividend tomorrow. Last chance to buy for eligibility

Deepak Fertilisers And Petrochemicals among a host of other companies may likely remain in focus today as they had fixed September 3 as the record date for the purpose of payment of dividend to its eligible shareholders. This means today is the last day to buy shares of these companies to qualify for the announced … Read more

Sebi slaps penalty of Rs 11 lakh on IIFL Securities in violation of stock brokers’ norms

Sebi slaps penalty of Rs 11 lakh on IIFL Securities in violation of stock brokers’ norms

Market regulator Securities and Exchange Board of India (Sebi) has imposed a penalty of Rs 11 lakh on IIFL Securities after finding the company in violation of stock brokers’ norms. Sebi conducted an inspection of IIFL Securities between August 18 and August 25, 2022 to look into various compliance requirements for the period beginning April … Read more