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BPCL Board approves sale of 61 65% stake held in Numaligarh Refinery

At meeting held on 01 March 2021The Board of Bharat Petroleum Corporation (BPCL) in its meeting held on 01 March 2021 has approved the proposal for sale of entire equity shares i.e. 45,35,45,998 equity shares of Rs 10 each held by BPCL in Numaligarh Refinery (NRL) (constituting 61.65% of the total equity capital of NRL), a material subsidiary company of BPCL to a consortium of Oil India and Engineers India (consortium); and to Govt. of Assam, or only to the said consortium in case Govt. of Assam does not participate in purchase of said shares, in such proportion and on such terms and conditions as approved by the Board.

Maharashtra minister resigns on dirty politics over woman s death

Maharashtra minister Sanjay Rathod, facing flak from the opposition BJP after being linked to a woman s death, on Sunday resigned from the state cabinet. Rathod made the announcement after submitting his resignation to Chief Minister Uddhav Thackeray, who is also the president of his Shiv Sena party. There has been a lot of dirty politics over the issue of the woman s death, Rathod told reporters, adding he has quit the ministry so that the truth can come out. Rathod, who holds the forest portfolio, was facing allegations of complicity in the death of Puja Chavan (23), a resident of Beed district, who was found dead in Pune on February 8, apparently after falling off from the building in which she lived.

Aananda Lakshmi Spinning Mills reports standalone net profit of Rs 1 43 crore in the December 2020 quarter

Reported sales nilNet profit of Aananda Lakshmi Spinning Mills reported to Rs 1.43 crore in the quarter ended December 2020 as against net loss of Rs 1.27 crore during the previous quarter ended December 2019. There were no Sales reported in the quarter ended December 2020 and during the previous quarter ended December 2019. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, au

Board of Vipul Organics allots 7 lakh convertible warrants to Promoters

At meeting held on 23 February 2021The Board of Vipul Organics at its meeting held on 23 February 2021 has allotted the 7,00,000 Warrants convertible into equal number of Equity Shares of Rs. 10/- each of the Company at an issue price of Rs. 111/- per warrant (including premium of Rs. 101/- per warrant) on preferential basis to the promoter and promoter group upon receipt of 25% of issue price from the allottees in accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The above warrants entitle the allottees to apply for and be allotted equal number of equity shares for each warrant held by them on payment of balance 75% of the issue price within 18 months from

Mumbai police get gangster Ravi Pujari s custody till Mar 9 in firing case

Read more about Mumbai police get gangster Ravi Pujari s custody till Mar 9 in firing case on Business Standard. Earlier, Pujari was brought to India from South Africa in February last year after being on the run for several years and was lodged in a jail in Bengaluru

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