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IndiaTV Business: Google News Feed: Digest for June 15, 2023

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For the first time in 15 years, the government on Monday imposed stockholding limits on wheat with immediate effect till March 2024 in order to contain rising prices of the key commodity. The government also decided to offload 15 lakh tonnes of wheat to bulk consumers and traders from the central pool in the first phase under the Open Market Sale Scheme (OMSS).
Domestic passenger vehicle wholesales grew by 13.54 per cent in May to 3,34,247 units, as compared to the same month last year, the Society of Indian Automobile Manufacturers said on Tuesday (June 13). As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were at 2,94,392 units in May 2022. Two-wheeler domestic wholesales were at 14,71,550 units, as against 12,53,187 units in May last year, a growth of 17.42 per cent.
Vikas Ecotech, a leading provider of high-end specialty chemicals, has raised about Rs 50 crore via Qualified Institutional Placement (QIP) route, the company said in an exchange filing. The issue stands closed now.
Stock markets: Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on Tuesday amid optimism in the global markets and positive domestic macroeconomic data points.
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 
For the first time in 15 years, the government on Monday imposed stockholding limits on wheat with immediate effect till March 2024 in order to contain rising prices of the key commodity. The government also decided to offload 15 lakh tonnes of wheat to bulk consumers and traders from the central pool in the first phase under the Open Market Sale Scheme (OMSS).
Domestic passenger vehicle wholesales grew by 13.54 per cent in May to 3,34,247 units, as compared to the same month last year, the Society of Indian Automobile Manufacturers said on Tuesday (June 13). As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were at 2,94,392 units in May 2022. Two-wheeler domestic wholesales were at 14,71,550 units, as against 12,53,187 units in May last year, a growth of 17.42 per cent.
Vikas Ecotech, a leading provider of high-end specialty chemicals, has raised about Rs 50 crore via Qualified Institutional Placement (QIP) route, the company said in an exchange filing. The issue stands closed now.
Stock markets: Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on Tuesday amid optimism in the global markets and positive domestic macroeconomic data points.
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 
For the first time in 15 years, the government on Monday imposed stockholding limits on wheat with immediate effect till March 2024 in order to contain rising prices of the key commodity. The government also decided to offload 15 lakh tonnes of wheat to bulk consumers and traders from the central pool in the first phase under the Open Market Sale Scheme (OMSS).
Domestic passenger vehicle wholesales grew by 13.54 per cent in May to 3,34,247 units, as compared to the same month last year, the Society of Indian Automobile Manufacturers said on Tuesday (June 13). As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were at 2,94,392 units in May 2022. Two-wheeler domestic wholesales were at 14,71,550 units, as against 12,53,187 units in May last year, a growth of 17.42 per cent.
Vikas Ecotech, a leading provider of high-end specialty chemicals, has raised about Rs 50 crore via Qualified Institutional Placement (QIP) route, the company said in an exchange filing. The issue stands closed now.
Stock markets: Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on Tuesday amid optimism in the global markets and positive domestic macroeconomic data points.
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 
Vikas Ecotech, a leading provider of high-end specialty chemicals, has raised about Rs 50 crore via Qualified Institutional Placement (QIP) route, the company said in an exchange filing. The issue stands closed now.
Stock markets: Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on Tuesday amid optimism in the global markets and positive domestic macroeconomic data points.
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 

WPI inflation declines to 3-year low in May

Wednesday 14 June 2023 07:46 AM UTC+00
Latest Inflation rate: Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items.
Bucking the trends, shares of film production and distribution company Eros have jumped more than 19 per cent in Wednesday's session. The stock traded higher even as the Nifty Media index declined, according to exchange information. The shares traded at day's high of Rs 30.20. The film, production and distribution counter had settled at Rs 25.35 on Tuesday.
Stock markets: Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on Tuesday amid optimism in the global markets and positive domestic macroeconomic data points.
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 

WPI inflation declines to 3-year low in May

Wednesday 14 June 2023 07:46 AM UTC+00
Latest Inflation rate: Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items.
Bucking the trends, shares of film production and distribution company Eros have jumped more than 19 per cent in Wednesday's session. The stock traded higher even as the Nifty Media index declined, according to exchange information. The shares traded at day's high of Rs 30.20. The film, production and distribution counter had settled at Rs 25.35 on Tuesday.
The benchmark S&P BSE Sensex gained 85 points to close the day at 63,228 while the blue-chip Nifty 50 index gained 40 points to finish at 18,755. 
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 

WPI inflation declines to 3-year low in May

Wednesday 14 June 2023 07:46 AM UTC+00
Latest Inflation rate: Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items.
Bucking the trends, shares of film production and distribution company Eros have jumped more than 19 per cent in Wednesday's session. The stock traded higher even as the Nifty Media index declined, according to exchange information. The shares traded at day's high of Rs 30.20. The film, production and distribution counter had settled at Rs 25.35 on Tuesday.
The benchmark S&P BSE Sensex gained 85 points to close the day at 63,228 while the blue-chip Nifty 50 index gained 40 points to finish at 18,755. 
Jettwings Airways: The newest entrant in the aviation sector, Jettwings Airways is set to start its operation from October in the country. On Wednesday, the airline, with its base in Guwahati, stated that it has received the No Objection Certificate (NOC) to operate Scheduled Commuter Air Transport Services in the country. 
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 

WPI inflation declines to 3-year low in May

Wednesday 14 June 2023 07:46 AM UTC+00
Latest Inflation rate: Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items.
Bucking the trends, shares of film production and distribution company Eros have jumped more than 19 per cent in Wednesday's session. The stock traded higher even as the Nifty Media index declined, according to exchange information. The shares traded at day's high of Rs 30.20. The film, production and distribution counter had settled at Rs 25.35 on Tuesday.
The benchmark S&P BSE Sensex gained 85 points to close the day at 63,228 while the blue-chip Nifty 50 index gained 40 points to finish at 18,755. 
Jettwings Airways: The newest entrant in the aviation sector, Jettwings Airways is set to start its operation from October in the country. On Wednesday, the airline, with its base in Guwahati, stated that it has received the No Objection Certificate (NOC) to operate Scheduled Commuter Air Transport Services in the country. 
MRF: Tyre maker MRF on Tuesday reached a new milestone as its stock hit Rs 1 lakh mark during the day. The stock went up to Rs 1,00,300 -- also its 52-week high level -- on the BSE during the day. Shares of the company ended at Rs 99,950.65, a gain of 1.02 per cent. In intra-day, it climbed 1.37 per cent to Rs 1,00,300.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday that the nation is expected to continue to be one of the fastest-growing economies in 2023.
Cell Point India IPO: The initial share sale of Cell Point India will open for subscription on June 15 and close on June 20.  The IPO is completely a fresh equity issue of up to 50.34 lakh equity shares. There is no offer for sale (OFS). The company has plans to raise Rs 50 crore through the offer. It is offering its shares at a price of Rs 100 each.
Go First crisis: Amid the ongoing crisis, Airline Go First on Tuesday announced that its scheduled flight operations will remain cancelled till June 16, adding that a full refund will be issued to the passengers.
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country, Society of Manufacturers of Electric Vehicles (SMEV) said in its petition.
Who doesn't want to attain financial freedom in life? It means having enough savings, investments and cash to do whatever you desire. Financial freedom requires financial discipline. In today's digital world, there are a variety of investment tools available at a fingertip that promise bumper returns. However, choosing the right one needs a deep and clear understanding of the scheme. 

WPI inflation declines to 3-year low in May

Wednesday 14 June 2023 07:46 AM UTC+00
Latest Inflation rate: Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items.
Bucking the trends, shares of film production and distribution company Eros have jumped more than 19 per cent in Wednesday's session. The stock traded higher even as the Nifty Media index declined, according to exchange information. The shares traded at day's high of Rs 30.20. The film, production and distribution counter had settled at Rs 25.35 on Tuesday.
The benchmark S&P BSE Sensex gained 85 points to close the day at 63,228 while the blue-chip Nifty 50 index gained 40 points to finish at 18,755. 
Jettwings Airways: The newest entrant in the aviation sector, Jettwings Airways is set to start its operation from October in the country. On Wednesday, the airline, with its base in Guwahati, stated that it has received the No Objection Certificate (NOC) to operate Scheduled Commuter Air Transport Services in the country. 
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