With stock exchanges freezing shares of its promoters, Patanjali Foods on Friday clarified that it is not considering Follow-on Public Offer (FPO) to increase public shareholding but exploring other modes like Offer For Sale through stock exchanges and qualified institutional placement.

Stock exchanges NSE and BSE have frozen the shares of promoters of Ramdev-led Patanjali Group firm Patanjali Foods, which is a major edible oil player.

Shares of Astec Lifesciences (Astec) surged 14 per cent to Rs 1,474.20 on the BSE in Friday’s intra-day trade on the back of heavy volumes. In the past two trading days, the stock of the pesticides & agrochemicals company has zoomed 37 per cent. In comparison, the S&P BSE Sensex was up 2 per cent during the same period.

At 01:07 pm; the stock was up 10 per cent as against a 1.5 per cent rise in the benchmark index.

All India Anna Dravida Munnetra Kazhagam (AIADMK) newly appointed General Secretary Edappadi Karuppa Palaniswami on Thursday said the party would continue its alliance with the BJP.

"We never said no. We have also always said that AIADMK is in alliance with the BJP. We were in alliance during the Erode East by poll. As of now, we are still travelling together in alliance towards the 2024 Parliament elections as well," said Palaniswami.

Donald Trump was indicted in New York for directing hush money payments to a porn star during his 2016 campaign, a historic event in American law and politics that is certain to divide an already polarized society and electorate.

A grand jury returned the indictment on Thursday, according to two people with knowledge of the matter, who asked not to be identified because the charges haven’t yet been made public.

Rating agency CRISIL has revised outlook on Anil Agarwal-controlled Vedanta Ltd’s (Vedanta) term loans and debentures from “stable” to “negative”.

The change in outlook reflects the possibility of higher-than-expected financial leverage and lower financial flexibility with reducing ratio of cash surplus to one-year maturities for FY23 and FY24.

Shares of FSN E-commerce Ventures, the parent company of Nykaa, continued to reel under pressure, and were down 2 per cent at Rs 125.05 on the BSE in Wednesday’s intra-day trade. The stock of the beauty e-retailer traded lower for the eight straight day and has shed 11 per cent during this period. It now quotes close to its all-time low of Rs 120.75, touched on January 23, 2023.

The Election Commission of India will announce the schedule of the General Election to the Legislative Assembly of Karnataka slated this year at 11

The EC will hold a press conference at Plenary Hall, Vigyan Bhawan in the national capital.

Karnataka, which has 224 seats in the Assembly currently has 119 MLAs of the ruling BJP, while Congress has 75 and its ally JD(S) has 28 seats.

ITC plans to invest Rs 3,000 crore per year for the next few years in India to boost its investments and accelerate growth, chairman and managing director of the cigarette-to-cookies conglomerate Sanjiv Puri said in an interview with The Economic Times (ET).
The fast-moving consumer goods (FMCG) company will use the money to build more manufacturing capabilities. ITC will also go ahead with the demerger of its hotel business in the "next couple of quarters", which has been delayed due to the Covid-19 pandemic.

Karnataka Chief Minister Basavaraj Bommai on Tuesday said that irrigation projects worth Rs 5,500 crore have been sanctioned and launched across the state.

Speaking after unveiling the statues of Kittur Rani Chennamma, Kranti Veera Sangolli Rayanna, and Dr BR Ambedkar in the premises of Suvarna Vidhana Soudha here on Tuesday, he said in this year's budget, provision has been made to establish the Kittur Karnataka Development Authority which will decide on various big projects.

Healthy children and adolescents may no longer need Covid shots, the World Health Organization said, updating its guidance on vaccines as the world adjusts to living permanently with the virus.

Older people and higher-risk groups — including those with underlying conditions — should get Covid boosters between six and 12 months after their last injections, the WHO said in a statement announcing a revised vaccine road map for the new stage of the pandemic.

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