Finance

RCF pays Rs. 212cr+ as dividends to the Government of India

Rashtriya Chemicals and Fertilizers Limited (RCF), an Indian central public sector under the Ministry of Chemicals and Fertilizers, paid a total dividend of Rs. 3.85 per share amounting to Rs. 212.40 crores for FY 2021-22 (previous year Rs. 2.98 per share amounting to Rs. 164.40 crores). […]

Finance

Scheme for Pharmaceuticals estimated to generate a potential of Rs 1,96,000 crore in export

The Government has approved the Production Linked Incentive Scheme for Pharmaceuticals on 24.02.2021 which was notified in the Gazette on 03.03.2021. The Operational Guidelines containing the details of the scheme on each aspect and the process of making applications were issued on 01.06.2021. […]

General

CII’s 12th MedTech Global Summit Charting the MedTech route to AtmaNirbhar Bharat

Department of Pharmaceuticals has taken several measures to create suitable environment for development of domestic capacity in the pharma sector; Government has launched schemes for development of three Bulk Drug Parks and four Medical Device Parks across the country; Bulk drug & medical device parks expected to attract cumulative investment of Rs 77900 crore; can generate about 2,55,000 employment […]

Agriculture & Commodities

FACT produces a Record 24016 MT Fertilisers in July 2020

As per a Statement of FACT ,Company Achieved highest Monthly ‘Ammonium Sulphate’ production during July 2020 (24016 MT), surpassing previous best of 23811 MT in January 2020.

FACT has been manufacturing two fertilizer products NP 20:20:0:13 (Factamfos) and Ammonium Sulphate, mainly for the South Indian market.

Company could optimize its fertilizer production by implementing suitable adaptations in its operation schedule, raw material planning, logistics & product despatch, for safe operation during COVID times.

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