th year in the industry. The lyrics are by Hasan Kazmi.
The song will release Jan. 13 on YouTube/TipsIbadat, a new vertical by Tips Music dedicated to thank the Almighty, primarily in Hindi and Urdu. Kumar Taurani says, âItâs a pleasure working with the legend Talat Aziz and this song is a mesmerizing âduaâ (invocation) for all.â
Aziz stated, âIt was a pleasure to work on âMaula Mere Maulaâ for a reputed music label like Tips Industries Ltd. This is the first time I have ventured into the spiritual space and I pray that God accepts this dua. I would like to thank Mr. Kumar Taurani and Tannaz Bandukwala, who coordinated this whole project and their whole team. I am happy with the result and hope that the music lovers also will be. I look forward to more of these in the future.â
HDFC Bank s advances aggregated to approximately Rs 10,820 billion as of December 31, 2020, a growth of around 16% as compared to Rs 9,360 billion as of December 31, 2019 and a growth of around 4% as compared to Rs 10,383 billion as of September 30, 2020. The bank s deposits aggregated to approximately Rs 12,710 billion as of December 31, 2020, a growth of around 19% as compared to Rs 10,674 billion as of December 31, 2019 and a growth of around 3% as compared to Rs 12,293 billion as of September 30, 2020.
ACC announced the successful commissioning of its new Grinding Unit (GU) at Sindri in the State of Jharkhand effective 2 January 2021. The new facility will add an additional capacity of 1.4 MTPA cement to the existing 3.0 MTPA unit, taking the total capacity at Sindri to 4.4 MTPA.
A separate demerger committee will be created.
06 Jan, 2021 - 02:49 PM IST | By indiantelevision.com Team
NEW DELHI: The board of directors of Tips Industries has in-principal agreed to consider the demerger of the film division of the company into a separate entity.
A demerger committee formed by the board will appoint the valuer, merchant banker for fairness opinion and other intermediaries for this purpose. The board on receipt of the valuation report will study, discuss and initiate the next steps.
Following this announcement, the Kumar Taurani-led company’s stocks declined 1.2 per cent on the NSE.
Over the years, Tips’ film division has churned out many popular Bollywood flicks like all three instalments of the
Key benchmark indices are trading near flat line amid volatility after scaling record high in early trade. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 6.57 points or 0.01% at 48,444.35. The Nifty 50 index was down 2.55 points or 0.02% at 14,196.95.
The S&P BSE Mid-Cap index was up 0.29%. The S&P BSE Small-Cap index was up 0.48%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1469 shares rose and 686 shares fell. A total of 98 shares were unchanged.
The Union Budget for 2021-2022 will be presented on February 1 and President Ram Nath Kovind will address a joint sitting of both the Houses of Parliament on January 29.
Shares of Tips Industries hit a 20-year high of Rs 368, after rallying 16 per cent on the BSE on Friday after the company announced demerger plan of its film business. The stock of the movie & entertainment company was trading at its highest level since December 2000. It hit a record high of Rs 425.95 on December 13, 2000, data shows. At 10:11 am, Tips Industries was trading 12 per cent higher at Rs 355, as compared to 0.35 per cent rise in the S&P BSE Sensex. A combined 217,000 equity shares were changing hands on the counter on the NSE and BSE. “A meeting of the board of directors of the company is scheduled to be held on Tuesday, January 5, 2021 to explore demerger of the film business and consider any other matters incidental thereto including appointment of intermediaries like independent valuer, merchant banker for fairness opinion, etc,” Tips Industries said in exchange filing.