Author: Legal Parivar

Senior Indian batsman KL Rahul, who sat out of the last three Tests against England due to a quadriceps injury that required surgery last year, is progressing well in his recovery and is expected to be ready for the upcoming Indian Premier League starting on March 22. Rahul leads the Lucknow SuperGiants and their first match in IPL-2024 is against the Rajasthan Royals in Jaipur on March 24. Experiencing discomfort in his right quadriceps, Rahul sought expert advice in London to address his injury.

JG Chemicals, a manufacturer of zinc oxide, is entering the primary markets with a public offer worth Rs 251.19 crore, set to open on March 5. The anchor book will open for a day on March 4. Here are the key details of the offer:

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Australian cricketer Pat Cummins, the World Cup-winning captain, has been appointed as the captain of the Sunrisers Hyderabad team for the upcoming Indian Premier League (IPL) season, as announced by the franchise on Monday. The 30-year-old fast bowler was acquired by SRH for a staggering Rs 20.50 crore during the IPL auctions held in December last year, making him the second most expensive player in the history of the event. Cummins takes over the captaincy from South African player Aiden Markram, who led SRH in the 2023 season. The announcement was made by SRH across various social media platforms, accompanied…

The government has authorized the export of 30,000 tonnes of non-basmati white rice to Tanzania and 80,000 tonnes of broken rice to Djibouti and Guinea Bissau, as per a notification from the Directorate General of Foreign Trade (DGFT). Despite the ban on exports of non-basmati white rice since July 20, 2023, aimed at bolstering domestic supply, exceptions are made for certain countries upon government approval to fulfill their food security requirements. Tanzania, situated in East Africa, and Djibouti, located on the northeast coast of the African continent, are among the recipients of these exports. Guinea-Bissau, a West African tropical country,…

Atishi, Delhi’s Finance Minister, unveiled the budget for the fiscal year 2024-25 in the state assembly on Monday, allocating Rs 76,000 crore, emphasizing the government’s aim to achieve the vision of Ram Rajya. Addressing the assembly, she reflected on the transformation witnessed in Delhi over the past decade under the governance of the Aam Aadmi Party (AAP). During her inaugural budget speech, she proposed allocating Rs 16,396 crore towards the education sector. “This marks a moment of pride as the Kejriwal government presents its tenth budget. It’s not just a budget but a portrayal of Delhi’s evolution. Kejriwal’s arrival brought…

During a book launch event in the national capital, External Affairs Minister S Jaishankar responded emphatically to a query about India’s role in the sub-continent and the Indian Ocean region, rejecting the notion of India being labeled as a bully. According to reports from ANI, Jaishankar emphasized that “big bullies” don’t offer aid totaling USD 4.5 billion when neighboring countries are in distress. Addressing the event on Sunday, Jaishankar remarked, “The significant change today in this part of the world is the transformation in India’s relations with its neighbors. When someone suggests that India is perceived as a big bully,…

The government has authorized the export of 64,400 tonnes of onion to the UAE and Bangladesh via the National Cooperative Exports Ltd (NCEL), as per notifications from the commerce ministry. Of this quantity, 50,000 tonnes of onion is allowed to be exported to Bangladesh, while 14,400 tonnes can be shipped to the UAE. “The export of 14,400 tonnes of onions, with a quarterly ceiling of 3,600 MT (metric tonnes), to the UAE through NCEL is notified,” stated the directorate general of foreign trade (DGFT) in a notification. DGFT, a division of the commerce ministry, oversees import and export regulations. Regarding…

Suryoday Small Finance Bank announced on March 4 that it has increased its interest rates on fixed deposits (FD) maturing after 25 months by 41 basis points (bps) to 9.25 percent. According to a press release from the bank, regular customers will now receive an interest rate of 9.01 percent, while senior citizens will enjoy a rate of 9.25 percent. The bank stated, “Deposits of less than Rs 2 crore with maturity periods ranging from seven days to 10 years are now accepted at interest rates varying between 4 percent and 9.01 percent for the general public and between 4.50…

Biocon Biologics Signs Patent Settlement with Bayer Inc and Regeneron Pharmaceuticals Inc, Allowing Launch of Biosimilar Product in Canada Biocon Biologics announced on Monday that it has reached a patent settlement agreement with Bayer Inc and Regeneron Pharmaceuticals Inc, paving the way for the launch of a biosimilar product in Canada. The settlement agreement facilitates the introduction of Yesafili, a proposed biosimilar to Eylea (aflibercept) injection, into the Canadian market, as stated in a regulatory filing by Biocon Biologics. According to the terms of the agreement, Biocon Biologics has secured a launch date for Yesafili no later than July 1,…