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Som Distilleries and Breweries zooms on entering into strategic tie-up with Carlsberg Som Distilleries and Breweries is currently trading at Rs. 205.10, up by 14.65 points or 7.69% from its previous closing of Rs. 190.45 on the BSE. The scrip opened at Rs. 187.05 and has touched a high and low of Rs. 216.70 and Rs. 185.30 respectively. So far 298883 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 216.70 on 22-May-2023 and a 52 week low of Rs. 58.27 on 26-May-2022. Last one week high and low of th...
Som Distilleries and Breweries zooms on entering into strategic tie-up with Carlsberg
Som Distilleries and Breweries zooms on entering into strategic tie-up with Carlsberg
Source: Accord Fintech
22/05/2023 3:15:30 PM
AB InBev raises 2022 outlook as its beer sales accelerate Anheuser-Busch InBev, the world's largest brewer, reported higher-than-expected quarterly earnings on Thursday as beer sales accelerated, and raised its 2022 outlook to the top-end of its previous forecast range. AB InBev, the maker of Budweiser, Corona and Stella Artois, sold 3.7% more beer and other drinks during July-September, a growth rate faster than that seen in the first or second quarters, with strong expansion in Mexico and South Africa. The Belgium-based brewer also succe...
AB InBev raises 2022 outlook as its beer sales accelerate
AB InBev raises 2022 outlook as its beer sales accelerate
Source: Reuters
27/10/2022 12:43:51 PM
Carlsberg wins arbitration case brought by venture partner in India Carlsberg said on Wednesday it had won an arbitration case that was filed by its joint venture partner in India, following a row over the Danish brewer's business practices in the country. The Copenhagen-based brewer has for years been locked in a commercial dispute with partner, Nepal-based Khetan Group, amid an internal probe into the brewer's local practices that sparked a boardroom battle and concerns from its auditor. (https://reut.rs/3pqiXOy) Khetan Group, which owns 33.3%...
Carlsberg wins arbitration case brought by venture partner in India
Carlsberg wins arbitration case brought by venture partner in India
Source: Reuters
17/08/2022 4:15:26 PM
Rs 9.98 lakh crore of loans sanctioned to 16.67 crore loan accounts under PMMY from 2015 to 2018: Bhagwat Kisanrao Karad Union Minister of State for Finance Bhagwat Kisanrao Karad has said that Rs 9.98 lakh crore of loans were sanctioned to 16.67 crore loan accounts under Pradhan Mantri Mudra Yojana (PMMY) in three years from 2015 to 2018. He stated the Pradhan Mantri Mudra Yojana helped in generation of 1.12 crore net additional employment during a period of around 3 years (from 2015 to 2018). He said the employment generation figure is based on a sample survey conducted by the Ministry of Labour and Employ...
Rs 9.98 lakh crore of loans sanctioned to 16.67 crore loan accounts under PMMY from 2015 to 2018: Bhagwat Kisanrao Karad
Rs 9.98 lakh crore of loans sanctioned to 16.67 crore loan accounts under PMMY from 2015 to 2018: Bhagwat Kisanrao Karad
Source: Accord Fintech
3/08/2022 10:45:28 AM
Recent revision in GST rates likely to boost government`s revenue collections: Pankaj Chaudhary Minister of State for Finance Pankaj Chaudhary has said that the recent revision in Goods and Services Tax (GST) rates is expected to further boost government's revenue collections. A 5 per cent GST was levied on curd, paneer, honey, wheat jaggery, puffed rice (muri), among others, effective July 18, 2022.  In addition, hotel rooms with tariff of up to Rs 1,000/day, maps and charts, including atlases, will attract 12 per cent GST, while 18 per cent GST has been levied on tetra packs ...
Recent revision in GST rates likely to boost government`s revenue collections: Pankaj Chaudhary
Recent revision in GST rates likely to boost government`s revenue collections: Pankaj Chaudhary
Source: Accord Fintech
2/08/2022 12:51:15 PM
Price situation of major essential commodities monitored by government on regular basis: Pankaj Chaudhary Listing various measures taken by the government to address inflation, Union Minister of State for Finance Pankaj Chaudhary has said that the price situation of major essential commodities is monitored by the Government on a regular basis and corrective action is taken from time to time. The Minister gave more details about measures, noting that the Central Government on May 21, 2022 cut excise duty by Rs 8 per litre on petrol and Rs 6 per litre on diesel. Further, he said that reduction i...
Price situation of major essential commodities monitored by government on regular basis: Pankaj Chaudhary
Price situation of major essential commodities monitored by government on regular basis: Pankaj Chaudhary
Source: Accord Fintech
27/07/2022 2:06:13 PM
Governments interest payment rises to 3.1% of GDP to Rs 7.31 lakh crore in 2021-22: Pankaj Chaudhary Minister of State for Finance Pankaj Chaudhary has said that the government’s interest payment increased to 3.1 per cent of the Gross Domestic Product (GDP) to Rs 7.31 lakh crore in 2021-22. Earlier, interest paid on public debt during 2014-15 stood at 3.27 lakh crore or 2.6 per cent of the GDP. During 2014-15, the total central government liabilities stood at Rs 62.44 lakh crore or 50.1 per cent of GDP. He added that this increased to Rs 138.88 lakh crore or 58.7 per cent of GDP at the...
Governments interest payment rises to 3.1% of GDP to Rs 7.31 lakh crore in 2021-22: Pankaj Chaudhary
Governments interest payment rises to 3.1% of GDP to Rs 7.31 lakh crore in 2021-22: Pankaj Chaudhary
Source: Accord Fintech
26/07/2022 2:44:08 PM
Net direct tax collection rises by 41% to Rs 3.54 lakh crore in Q1FY23: Pankaj Chaudhary Minister of State for Finance Pankaj Chaudhary has said that net direct tax collection in the April-June quarter of the current fiscal (Q1FY23) rose by 41 per cent to Rs 3,54,569.74 crore. During the April-June period of 2021-22, the government had collected a net direct tax of Rs 2,50,881.08 crore. Chaudhary has stated that at the same time, net indirect tax collection including Goods and Services Tax (GST) and custom duty increased by 9.4 per cent to Rs 3,44,056 crore as against Rs 3,14,...
Net direct tax collection rises by 41% to Rs 3.54 lakh crore in Q1FY23: Pankaj Chaudhary
Net direct tax collection rises by 41% to Rs 3.54 lakh crore in Q1FY23: Pankaj Chaudhary
Source: Accord Fintech
26/07/2022 11:58:21 AM
Economy on course to achieve 8-8.5% growth based on high-frequency indicators for Q1: Finance Ministry Expressing optimism over the economic condition of the country, Finance Ministry has said that the economy is on course to achieve projected 8-8.5 per cent growth based on high-frequency indicators for the first quarter of the current fiscal. Minister of state for finance Pankaj Chaudhary said ‘since then, sustained growth momentum has been observed in several High Frequency Indicators (HFIs), indicating that the projected growth path is on course in the first quarter of FY 2022-23&rsqu...
Economy on course to achieve 8-8.5% growth based on high-frequency indicators for Q1: Finance Ministry
Economy on course to achieve 8-8.5% growth based on high-frequency indicators for Q1: Finance Ministry
Source: Accord Fintech
20/07/2022 9:43:13 AM
SCBs recover bad loans worth over Rs 8.6 lakh crore over last eight financial years: Bhagwat Karad Minister of State for Finance Bhagwat Karad has said that scheduled commercial banks (SCBs) recovered bad loans worth over Rs 8.6 lakh crore over the last eight financial years (provisional data), as a result of comprehensive steps taken by the government and RBI to check the cases of non-performing assets (NPAs) and bring them down. He also said that the occurrence of NPAs is normal, although an undesirable, corollary to the business of banking. The minister noted that several factors -- ...
SCBs recover bad loans worth over Rs 8.6 lakh crore over last eight financial years: Bhagwat Karad
SCBs recover bad loans worth over Rs 8.6 lakh crore over last eight financial years: Bhagwat Karad
Source: Accord Fintech
19/07/2022 12:51:23 PM
Government takes several supply-side measures to tame rising inflation: Pankaj Chaudhary Minister of State for Finance Pankaj Chaudhary has said that the government has taken several supply-side measures to tame rising inflation. Chaudhary stated the price situation of major essential commodities is monitored by the government on a regular basis and corrective action is taken from time to time. Several supply-side measures have been taken by the government to address inflation and to ensure that the poor do not have to bear the extra financial burden. He said these include red...
Government takes several supply-side measures to tame rising inflation: Pankaj Chaudhary
Government takes several supply-side measures to tame rising inflation: Pankaj Chaudhary
Source: Accord Fintech
19/07/2022 9:48:15 AM