Stay updated with the latest pulp-and-paper-industry news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on pulp-and-paper-industry topics.
New Delhi: Fair trade regulator CCI on Tuesday cleared conglomerate ITC Ltd's proposal to acquire the pulp and paper business of Aditya Birla Real Estate Ltd (ABREL) for Rs 3,498 crore. The development came after ABREL in March this year announced that its board has approved the execution of the business transfer agreement for the divestment of the pulp and paper undertaking situated in Lalkuan, Uttarakhand, by way of a slump sale to ITC. The Competition Commission of India (CCI) said it has ap ...Read More >
The Competition Commission of India has approved ITC Ltd's Rs 3,498-crore acquisition of Aditya Birla Real Estate's pulp and paper business in Uttarakhand. The slump-sale deal will transfer Century Pulp and Paper to ITC. ABREL said the divestment will unlock value and allow sharper focus on its core real estate business, while ITC strengthens its paperboards and packaging segment. New Delhi: Fair trade regulator CCI on Tuesday cleared conglomerate ITC Ltd's proposal to acquire the pulp and pape ...Read More >
Indian paper industry warns of a surge in imports following GST reforms, potentially undermining 'Make in India'. With uncoated paper for notebooks now tax-free on imports, domestic manufacturers face higher costs and reduced competitiveness. This change could significantly impact the education sector and burden students with increased prices. Indian paper industry has raised concern over the potential surge in paper imports following the recent GST reforms, warning that the move could erode do ...Read More >
Nagpur: The central govt recently amended the Goods and Services Tax (GST), with varying GST rates imposed on different components of the paper industry. The Paper Traders Association has requested the removal of this disparity and implementation of flat 5% GST on all paper products. Consequently, the organisation submitted a representation to Chandni Chowk Lok Sabha constituency MP Praveen Khandelwal on Monday.The paper industry directly employs over 500,000 individuals, including traders, tran ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including ...Read More >
PNN Surat (Gujarat) [India], August 28: Surat based, Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation heat transfer paper, is planning to raise up to Rs. 13.42 crore from its SME public issue. The company has received approval to launch its public issue on SME Platform of Bombay Stock Exchange. The public issue opens for subscription on August 29, 2025 and closes on September 02, 2025. Interactive Financial Services Ltd. is the book running lead manager of the issue. Fo ...Read More >
Jaipur, Aug 28 (PTI) The Rajasthan High Court on Thursday cancelled the contentious police sub-inspector recruitment exam-2021 owing to paper leak. Justice Sameer Jain in a detailed judgment cancelled the exam 2021 which was the bone of contention for both BJP and Congress governments in the state. "Illegality and fraud on the system was so conspicuous. It is strange that the state government did not take action any decision on the subject. The court's decision hopefully will act as a deterren ...Read More >
New Delhi, Aug 28 (PTI) Abril Paper Tech, manufacturer and supplier of sublimation heat transfer paper, on Thursday said it has fixed the price at Rs 61 per share for its Rs 13.42-crore initial public offering (IPO), which will open for subscription on August 29. The public issue will conclude on September 2, and the shares of the company will be listed on the BSE's SME platform, Surat-based Abril Paper Tech said in a statement. The IPO is entirely a fresh issue of 22 lakh equity shares with a ...Read More >
New Delhi, Jun 30 (PTI) Eco-friendly paper manufacturer Sillverton Industries has filed draft papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 300 crore, and an offer-for-sale of 3.22 crore equity shares by promoters and promoter group entities, according to the draft red herring prospectus (DRHP) filed on Friday. At present, promoters and promoter group entiti ...Read More >
New Delhi: The Aircraft Accident Investigation Bureau (AAIB) is probing from all angles, including sabotage, in the Air India plane crash in Ahmedabad that killed 274 people on board and on the ground last month, Minister of State (MoS) For Civil Aviation Murlidhar Mohol said. Mohol said the black box of the Air India flight AI 171 that has been recovered is in AAIB's custody and will not be outside the country for a thorough assessment. The MoS was speaking at the Pune chapter of the Emerging ...Read More >
NEW DELHI: The Union environment ministry has issued model rules for felling of trees in agricultural land with the objective of supporting states and UT in simplifying regulatory frameworks and promoting agroforestry.It also asked states and UTs to examine the model rules and consider their adoption in order to enhance "ease of doing business" in agroforestry and incentivise farmers to integrate trees into their farming systems without facing undue procedural hurdles.The move will help pulp and ...Read More >
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