Vivek Saraogi, MD of Balrampur Chini Mills expects local sugar prices to remain stable at Rs 30 per kilogram ex-factory. Speaking to CNBC-TV18, Saraogi said the sugar production for sugar year 2011 (SY11) is estimated at 25 million tonne. Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here. … [Read more...] about Govt in talks with states on deregulation: Balrampur Chini
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The Delhi and District Cricket Association (DDCA) on September 12 renamed the Feroz Shah Kotla as Arun Jaitley stadium in memory of the late politician-cum-sports-administrator. In a glittering function, Home Minister Amit Shah digitally inaugurated the renamed Arun Jaitley Cricket Stadium in presence of late finance minister's family.DDCA also unveiled a new pavilion stand at the Feroz Shah Kotla after skipper Virat Kohli, who recently became the most successful India captain in Test cricket, surpassing MS Dhoni.A short video and an animation film on Kohli's journey from being an U-19 player to India captain was also shown.Close "When I decided to name a stand in honour of Virat Kohli, I told this first to Arun Jaitleyji. He told me this is a good decision because there is no better player than Virat in world cricket," said DDCA president Rajat Sharma. related news India vs West Indies 1st T20I: Kohli's sublime 94* helps IND seal highest successful run chase India vs West … [Read more...] about Feroz Shah Kotla renamed as Arun Jaitley stadium; Virat Kohli stand unveiled
ThirdLove, the four-year-old bra company founded by ex-Googler Heidi Zak, is known for its very deliberate approach to product design. Rather than launching cute new bras every season like, say, Victoria’s Secret, the company does extensive user testing to determine what consumers need. That’s how the company became the first in the market to create half-cup sizes. So when Zak decided to launch an entirely new category of products–loungewear–it was a very deliberate decision, one that involved a meticulous year-long design process. The brand just launched a suite of new products, including a seamless lounge bra, specifically for the purpose of wearing at home and sleeping in. “When we talked to our customers, we discovered that a proportion of women would prefer to have some support while they are sleeping, and many women want a bra specifically for relaxing at home,” Zak says. “But that’s a complicated product to make: It needs to feel … [Read more...] about ThirdLove spent a year designing a bra you can sleep in
December is that month of the year when activities in automotive companies cool down considerably especially in marketing and promotion of new products. It is also the period of drawing and redrawing targets for the coming year.But this is not the usual December.Companies are breaking their backs at work instead of readying for a leisure holiday. More on this in the latter part of the copy, but first here is a complete look at what made headlines in the auto space this week.Close Mercedes to launch EV in India in 2020 related news Tax cuts under consideration, focus on boosting growth, says Nirmala Sitharaman Moneycontrol Pro Weekender: The curious incident of the MPC in the slowdown Robots are not just taking away jobs, they are making life tougher for staff In 2020, two German luxury carmakers -- Mercedes and Audi -- will enter the electric vehicle (EV) market with an India launch each as the push for greener mobility gathers steam in the luxury … [Read more...] about This week in Auto: Carmakers keep December unusually hot; Bajaj launches Husqvarna in India
Securities and Exchange Board of India (SEBI), in an order dated December 6, 2019, revealed charging a show-cause notice on stakeholders of UTI Asset Management Company (AMC) - State Bank of India, Life Insurance Corporation, and Bank of Baroda on July 19, 2019, towards regulatory action.The market regulator directed three public sector financial institutions -- LIC, SBI, and Bank of Baroda -- to dilute their stakes to below 10 percent in by December next year.In the case of non-compliance with directions, the shareholding and voting rights of these entities in UTI AMC and UTI Trustee in excess of 9.99 percent and corporate benefits will be frozen till the time they comply with the orders.Close The stakeholding of SBI, BoB, and LIC in UTI AMC is in contravention of an amendment to SEBI MF Regulations on March 13, 2018, requiring an asset management company (AMC) to be a sponsor and stakeholder holding 10 percent or more, of only one mutual fund, thereby reducing cross-holding in any … [Read more...] about UTI AMC-PSUs-SEBI Saga: Is it a special case treatment of SEBI relenting with extension for stakeholders SBI, LIC and BoB?