PROPRIETARY TECHNOLOGIES, FC-MAMR AND MAS-MAMR, WILL FUEL AREAL DENSITY GROWTH KAWASAKI, Japan, Feb. 14, 2022 /PRNewswire/ -- Toshiba Corporation held an investor relations event in Tokyo, Japan. During Toshiba Electronic Devices & Storage Corporation's presentation, Mr. Hiroyuki Sato, President & CEO of the company, unveiled a descriptive roadmap of Toshiba's next-generation Nearline HDDs. Data generation [...]
SOUTHFIELD, Mich., Feb. 14, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, has been named to FORTUNE magazine's "World's Most Admired Companies" list for the sixth consecutive year. Lear was awarded fourth place overall in the Motor Vehicle Parts category – the highest ranking for a U.S.-based [...]
Pune, Feb 13 (PTI) The last rites of former Bajaj Group chairman, Rahul Bajaj, were performed in Pune on Sunday with full state honours in the presence of representatives of India Inc, politicians and workers of Bajaj group who bid a final adieu to the veteran industrialist. The last rites were performed by Rahul Bajaj's [...]
Ahmedabad, Feb 13 (PTI) The Congress on Sunday claimed that ABG Shipyard used MoUs it signed with the Gujarat government during the 'Vibrant Gujarat' investors' summits to "influence" banks and secure loans of crores of rupees from them to commit the "biggest bank fraud". The party alleged that those who managed the affairs of ICICI [...]
New Delhi, Feb 13 (PTI) Setting the stage for the country's biggest ever public offering, Life Insurance Corporation on Sunday filed draft papers with capital market regulator Sebi for the sale of 5 per cent stake by the government for an estimated Rs 63,000 crore. The initial public offering of over 31.6 crore shares or [...]
Kolkata, Feb 13 (PTI) The total dividend payout by Coal India during the current fiscal is likely to be higher than the 2020-21 financial year as the miner is expected to post healthy revenue and growth in profit, sources said on Sunday. A "decent second interim dividend" for 2021-22 is likely to be announced on [...]
New Delhi, Feb 13 (PTI) The government on Sunday filed draft papers with capital market regulator Sebi for the mega initial public offering (IPO) of insurance behemoth Life Insurance Corporation, aiming to mobilise an estimated Rs 63,000 crore. The IPO, which is likely to hit the capital market in March, is entirely an Offer for [...]
New Delhi, Feb 13 (PTI) The government on Sunday filed draft papers with capital market regulator Sebi for selling 5 per cent stake in insurance behemoth LIC through an initial public offering which is likely to hit D-street in March. "The DRHP of LIC IPO has been filed today with the SEBI. For filing valuation [...]
New Delhi, Feb 13 (PTI) Edible oil major Ruchi Soya Industries Ltd on Sunday reported a 3 per cent increase in its net profit to Rs 234.07 crore for the quarter ended in December 2021. Its net profit stood at Rs 227.44 crore in the year-ago period. Total income rose by 41 per cent to [...]
With Life Insurance Corporation's board giving its nod on Sunday, the state-owned insurance behemoth is all set to file the draft red herring prospectus (DRHP) for its initial public offering (IPO) with market regulator Sebi in a couple of days. The board of LIC in its meeting has given approval regarding the IPO, sources said. [...]