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The Hindu
2 days ago
- Business
- The Hindu
Aurobindo arm resumes Penicillin-G production after APPCB nod to operate fire-hit Kakinada plant
Aurobindo Pharma subsidiary Lyfius Pharma has resumed Penicillin-G production on receipt of Andhra Pradesh Pollution Control Board's go ahead to operate the Kakinada plant whose operations were paused after a fire in April. 'Lyfius, a wholly owned stepdown subsidiary, has re-started the production with immediate effect after receiving the consent to operate from APPCB on June 29,' the parent company said in a filing on Sunday. Following the fire incident on April 27, the company had said certain ancillary equipment were damaged and there was no impact to the core manufacturing infrastructure. 'As a precautionary measure and to facilitate necessary equipment replacements, operations at the plant will be temporarily paused for an estimated period of 20-25 days,' it had said. Last month, in an update, it said the preliminary assessment of loss is estimated around Rs.4 crore and Lyfius was in the process of submitting its final claim with the insurance company. It was also awaiting APPCB approval of the company's renewal application for 'consent to operate'.
Hans India
25-06-2025
- Business
- Hans India
Mango procurement will go on to protect farmers
Tirupati: The Director of the State Department of Horticulture and Sericulture Dr K Srinivasulu has urged mango processing units to ensure procurement of mangoes in a way that does not lead to losses for farmers. He inspected Sri Varsha Juice Processing Unit near Renigunta on Tuesday accompanied by district horticulture officials. During the visit, he reviewed the records maintained by the staff and advised the unit management to procure mangoes responsibly to safeguard farmers' interests. Speaking to farmers, he noted that the State Government had anticipated a higher yield this mango season and had proactively announced a subsidy of Rs.4 per kilogram to prevent financial losses to farmers. He assured that the government will directly deposit the subsidy into farmers' bank accounts, and clarified that no limits have been imposed on acreage. 'Farmers can supply any quantity of produce to pulp industries within the district,' he added. He welcomed the token system introduced by mango pulp industries, stating that it would ease the burden on farmers. Advising farmers not to bring their mangoes in advance and wait unnecessarily at juice factories, he said that all mango purchases are being digitally recorded in real-time. Later, the Director visited the Damalcheruvu mango yard, where he interacted with farmers waiting at the ramps and enquired about current price trends. He suggested that issuing date-specific tokens would reduce unnecessary wait times for farmers. 'Given the current situation, both the government and ramp operators must stand in support of farmers,' he felt. He called on ramp operators and pulp industry owners to ensure fair procurement practices and prevent exploitation. He also instructed that Village Revenue Officers (VROs) and police constables should be deployed at all ramps to prevent any distress to farmers and ensure fair pricing. Tirupati RDO B Rama Mohan, District Horticulture Officer Dasaratharami Reddy, Agriculture Officer Prasad, DMI Officer Satish, Marketing Officer Surendra, and others were present during the visit.
The Hindu
24-06-2025
- Sport
- The Hindu
Aurionpro Grandmaster tournament
A passed pawn did the trick as Lalit Babu beat Levan Pantsulaia with black and emerged the champion with eight points from nine rounds in the Aurionpro Grandmaster chess tournament at the World Trade Centre here on Tuesday. The 32-year-old Lalit was tied with Mamikon Gharibyan, who also capitalised on a passed pawn to prevail in 95 moves against Neelotpal Das. The tie-breaker score put Lalit ahead. The champion won Rs.4,00,000 and the runner-up Rs.3,00,000. Deepan Chakkravarthy finished fifth behind Duc Hoa Nguyen and Boris Savchenko, and collected Rs. 1.25 lakh. In the under-13 section, Madhesh Kumar won the title outright with eight points, and pocketed Rs. 200,000. Advik Agrawal finished runner-up and won Rs. 1.5 lakh. The results: Ninth round: Mamikon Gharibyan 8 bt Neelotpal Das 7; Levan Pantsulaia 6.5 lost to Lalit Babu 8; Van Huy Nguyen 7 drew with Manuel Petrosyan 7; Boris Savchenko 7.5 bt Aleksej Aleksandrov 6.5; Siddhanth Poonja 6.5 lost to Deepan Chakkravarthy 7.5; Duc Hoa Nguyen 7.5 bt David Gochelashvili 6.5; Arsen Davtyan 7 bt Shankhodip De 6; Alexei Fedorov 7 bt Rupesh Jaiswal 6; Viresh Sharnarthi 6 lost to Nayaka Budhidharma 7; Avirat Chauhan 7 bt Sherla Prathamesh 6; Luka Paichadze 6.5 bt Alluri Reddy 6; Hrishikesh Kumar 5.5 llost to Mihail Nikitenko 6.5. Final placings: 1. Lalit Babu; 2. Mamikon Gharyban; 3. Duc Hoa Nguyen; 4. Boris Savchenko; 5. Deepan Chakkravarthy. U-13: Advik Agrawal 7.5 bt Aansh Nerurkar 7; Madhesh Kumar 8 bt Vyom Malhotra 6.5; Madhvendra Sharma 7 bt Shaunak Badole 6.5 R Nijesh 6.5 drew with Aadik Lenin 6.5; Adhiraj Mitra 6.5 drew with Siddhant Salunke 6.5; Jagreet Misra 7 bt Anvita Sathi 6. Final Placings: 1. Madhesh Kumar; 2. Advik Agrawal; 3. Aansh Nerurkar.
Hans India
18-06-2025
- Business
- Hans India
Collectors step in to allay farmers' fears on mango procurement
Tirupati / Chittoor: In a bid to allay the growing concerns among mango farmers over procurement issues, Tirupati District Collector Dr S Venkateswar and Chittoor District In-charge Collector G Vidyadhari assured that the State Government is fully committed to supporting Totapuri mango farmers in all aspects. Speaking to the media in Tirupati and Chittoor, the Collectors urged farmers not to panic, stating that the government is taking all necessary steps to safeguard their interests. They highlighted that favourable climatic conditions and precautionary measures taken by farmers have led to a significant increase in mango yield this season. However, international market dynamics, particularly the impact of the Ukraine war, have caused a sharp decline in mango pulp exports. The duo noted that companies like Parle, Coca-Cola, and Pepsi have been sourcing heavily from markets in neighbouring states such as Tamil Nadu and Karnataka, especially from the Krishnagiri market. This led to a surplus in pulp stock over the last two seasons. To address this situation, the Chief Minister N Chandrababu Naidu has directed procurement of Totapuri mangoes at a Minimum Support Price (MSP) of Rs.12 per kilogram to ensure that no farmer incurs losses. Of this, Rs.8 will be paid by processing units, while the remaining Rs.4 will be provided as a subsidy by the State Government. Officials will be present at every ramp and market yard to supervise the procurement process at processing units. Farmers have been advised not to harvest mangoes prematurely and to wait until the fruits reach optimal ripeness to avoid spoilage. The government has also promised to provide the Rs.4 subsidy per kilogram up to the last kilo procured, ensuring complete coverage for all farmers. The Collectors cautioned against farmers rushing to mandis, traders, or pulp industries before harvest is fully ready, as doing so may lead to extended waiting times at processing units and potential fruit damage. Tirupati Joint Collector Shubham Bansal, Horticulture Officer Dasaratharami Reddy, and other officials were present during the Tirupati press conference. Later, Dr Venkateswar visited several pulp units and recommended that they implement a token system for mango farmers to ensure a smooth first-come, first-serve procurement process. For any queries, farmers in Tirupati district can contact the helpline at 0877-2236007, while those in Chittoor district may call 08572-242777 or 9491077325 for assistance.
Business Standard
17-06-2025
- Business
- Business Standard
Volumes soar at Vishal Mega Mart Ltd counter
Vishal Mega Mart Ltd recorded volume of 11050.21 lakh shares by 14:14 IST on NSE, a 80.07 times surge over two-week average daily volume of 138.00 lakh shares Happiest Minds Technologies Ltd, Latent View Analytics Ltd, Navin Fluorine International Ltd, Supreme Industries Ltd are among the other stocks to see a surge in volumes on NSE today, 17 June 2025. Vishal Mega Mart Ltd recorded volume of 11050.21 lakh shares by 14:14 IST on NSE, a 80.07 times surge over two-week average daily volume of 138.00 lakh shares. The stock lost 1.02% to Rs.123.58. Volumes stood at 96.22 lakh shares in the last session. Happiest Minds Technologies Ltd saw volume of 162.11 lakh shares by 14:14 IST on NSE, a 37.9 fold spurt over two-week average daily volume of 4.28 lakh shares. The stock increased 10.33% to Rs.663.70. Volumes stood at 2.34 lakh shares in the last session. Latent View Analytics Ltd clocked volume of 53.83 lakh shares by 14:14 IST on NSE, a 26.4 times surge over two-week average daily volume of 2.04 lakh shares. The stock gained 2.16% to Rs.409.00. Volumes stood at 1.53 lakh shares in the last session. Navin Fluorine International Ltd witnessed volume of 7.36 lakh shares by 14:14 IST on NSE, a 7.4 times surge over two-week average daily volume of 99428 shares. The stock increased 2.79% to Rs.4,639.10. Volumes stood at 43761 shares in the last session. Supreme Industries Ltd saw volume of 9.47 lakh shares by 14:14 IST on NSE, a 4.31 fold spurt over two-week average daily volume of 2.20 lakh shares. The stock increased 2.95% to Rs.4,691.60. Volumes stood at 4.69 lakh shares in the last session.
