Farm Protest Is Losing Steam: Time For Government To Make Some Smart MovesÂ
by R Jagannathan - Feb 23, 2021 01:44 PM
Rakesh Tikait with farmers at a protest.
Snapshot
Time for Prime Minister Modi to make some adroit political moves to send the agitators packing, but with some face-savers and self-respect intact.
On 18 February, Rakesh Tikait, the western Uttar Pradesh-based leader of the Bharatiya Kisan Union, threatened that farmers could destroy their standing crop this season if three farm reforms laws are not repealed.
Thatâs probably the quickest climbdown in the history of Indian farm protests, offering a hint that the agitation is fast losing steam. A rail
»SC Seeks Replies of Centre, States on Delay in Payment of Dues of Rs 15,683 Crore to Sugarcane Farmers
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SC Seeks Replies of Centre, States on Delay in Payment of Dues of Rs 15,683 Crore to Sugarcane Farmers
Representative Image.
(Credit: AP)
The court decided to examine the issue after senior lawyer Sanjay Parikh explained that livelihood of over 5 crore farmers in the country and their dependents involved in cultivating sugarcane in an area of almost 50 lakh hectares are impacted due to delay in payment of dues.
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The Supreme Court Friday sought responses from the Centre and 16 sugarcane-producing states like Uttar Pradesh and Maharashtra on a plea seeking a directionfor immediate release of Rs 15,683 crore dues in a time-bound manner to the farmers, the delay of which was allegedly leading many to commit suicides.
Read more about India Pesticides files paperwork to raise Rs 800 crore from IPO on Business Standard. Agrochemical technicals company India Pesticides has filed preliminary papers with capital markets watchdog Sebi to raise Rs 800 crore through an initial share sale.The public offer comprises fresh issuance of shares amounting to Rs 100 crore and
India Pesticides files IPO papers with Sebi, aims to raise Rs 800 crore
India Pesticides will utilise net fresh issue proceeds for funding working capital requirements and general corporate purposes. February 10, 2021 / 01:27 PM IST
Uttar Pradesh-based agrochemical technicals company India Pesticides filed draft red herring prospectus with the capital market regulator for its initial public offering on February 8.
The company aims to raise Rs 800 crore via its public issue which consists of a fresh issue of Rs 100 crore and an offer for sale of Rs 281.4 crore by promoter Anand Swarup Agarwal and Rs 418.6 crore by selling shareholders.
The company and its selling shareholder may, in consultation with the book running lead managers, consider a further pre-IPO placement issue of Rs 75 crore. If the pre-IPO placement takes place, the fresh issue size will get reduced accordingly.
February 10, 2021
To utilise the net proceeds towards funding the working capital requirements and general corporate purposes Uttar Pradesh-based agrochemical technicals company India Pesticides Ltd has filed a Draft Red Herring Prospectus to raise ₹800 crore through an Initial Public Offering (IPO).
The company intends to raise ₹100 crore through issuance of fresh shares and ₹700 crore through an Offer For Sale (OFS) by promoter Anand Swarup Agarwal (₹281 crore) and another shareholder (₹419 crore). The firm might also raise ₹75 crore through a pre-IPO placement, according to the prospectus filed with the market regulator.
India Pesticides proposes to utilise the net proceeds towards funding the working capital requirements and general corporate purposes.