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Tamil Nadu proposes to set up bulk drug, medical devices parks near Chennai

The government of Tamil Nadu has proposed to set up a bulk drug park and a medical devices park near Chennai. The bulk drug park is will be located in Tiruvallur district in an artea of 2,000 acres. The proposed cost for developing this project is Rs 2,153 crore. The medical devices park will be located near Oragadam in Kancheepuram district in an area of 350 acres, according to the memorandum presented to the Prime Minister Narendra Modi by Tamil Nadu Chief Minister Edappadi K Palaniswami. The proposed cost for developing this project is Rs 430 crore. These parks will have common and advanced infrastructure facilities like CETP, steam systems, warehousing & cold storage, R&D Centre, testing facilities etc. The state government will provide an attractive package of incentives to industries which will invest in these parks.

Share Market News Live: Sensex crosses 49K for first time, Nifty scales 14,400 mark; TCS, HUL top gainers

Share Market News Live: Sensex crosses 49K for first time, Nifty scales 14,400 mark; TCS, HUL top gainers
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

This argi stock gave 250% returns in 9 months- Business News

This agri stock gave 250% returns in 9 months A PSU under the Ministry of Chemicals & Fertilisers, this stock rallied 253 per cent from its 52-week low of Rs 21.55 as on March 13, 2020, on the back of strong demand for fertilisers due to record Kharif and Rabi crop sowing Chitranjan Kumar | January 9, 2021 | Updated 00:41 IST Shares of Fertilisers and Chemicals Travancore Limited (FACT) hit upper circuit of 20 per cent on BSE Shares of Fertilisers and Chemicals Travancore Limited (FACT) hit upper circuit of 20 per cent on the Bombay Stock Exchange (BSE) on Friday amid strong volume. A PSU under the Ministry of Chemicals & Fertilisers, the company s shares have rallied 253 per cent from its 52-week low of Rs 21.55 as on March 13, 2020, on the back of strong demand for fertilisers due to record Kharif and Rabi crop sowing. Investors appetite for agri-related stocks have increased, thanks to rebound in rural demand despite the coronavirus pandemic and macroeconomic uncertainty.  

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