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Farmers agree to withdraw case against Piccadily distillery

Patiala, Feb 23 (UNI) A compromise has been reached between farmers and Piccadilly Sugar and Allied Industries Ltd, owned by former Haryana minister Venod Sharma in this district's Hariayu Khurd villagers, over crop loss due to industrial effluents.

According to police, Rs 4.50 lakh have been paid to affected farmers by the management of the sugar factory and distillery and in lieu the farmers have agreed to to withdraw the police case.

Two affidavits in this connection have been given to police, Bhag Singh, the SHO of Patran police station told UNI.

He said one more affidavit was awaited after receipt which he will recommend the cancellation of FIR registered against the owner and management of factory under sections 269A, 284A, 285 and 427 of the IPC.

The complaint by villagers had alleged that contaminated water from the factory, which had had been kept stored in the pits, had overflowed into their field, and damaged crops.

UNI

USD cheaper; Pound, Euro, Yen costlier

Mumbai, Feb 24 (UNI) Following are the indicative currency notes and travellers' cheques buying and selling rates per unit as supplied by Thomas Cook India here today. (Figures in Rupess) Currencies Buy Sell US dollar 42.10 46.15 Sterling pound 82.90 90.20 Euro 55.25 60.60 Australian dollar 33.75 36.15 Bahrain dinar 110.70 123.00 Canadian dollar 35.80 39.35 Danish kroner 7.20 8.20 Egyptian pound 5.95 8.25 Hongkong dollar 5.25 6.10 Japanese yen/100 34.60 37.50 Jordan dinar 56.10 63.70 Kuwait dinar 139.75 158.75 Malaysian.....

Non-ferrous metals rise on good industrial demand

Mumbai, Feb 24 (UNI) Non-ferrous metals rose on good industrial demand, traders at the Bombay Metal Exchange said today. In the ferrous category, copper utencil and brass cutting declined by Rs 500 each per quintal while copper heavy also slashed by Rs 200 per quintal on lack of fresh demand. In the non-ferrous category zinc slab shot up by Rs 800 per quintal on good demand while Aluminium ingot and Lead ingot also went up by Rs 100 per quintal on.....

RIL to raise USD 2 billion

Mumbai, Feb 24 (UNI) The Reliance Industries Ltd, owned by Mukesh Ambani, has decided to raise USD 2 billion to finance the capital expenditure plan for oil and gas business through external commercial borrowings (ECB) by way of debt. A decision to this effect was taken during the meeting of the Board of Directors of the company here today, a company spokesman said. In another decision taken by the board, the company will raise its equity further by way of.....
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