Homegrown FMCG major Dabur India Ltd on Wednesday reported a 2.19 per cent increase in consolidated net profit to Rs 504.35 crore for the quarter ended in December 2021. The company had posted a consolidated net profit of Rs 493.50 crore in the October-December quarter a year ago, Dabur India said in a BSE filing. [...]
New Delhi, Feb 2 (PTI) Fair trade regulator CCI on Wednesday approved the acquisition of certain additional equity in Escorts Ltd by Kubota Corporation. The transaction involves Kubota's acquisition of certain additional equity shares of Escorts by way of preferential allotment and a mandatory tender offer in compliance with the Securities and Exchange Board of [...]
New Delhi, Feb 2 (PTI) Swedish multinational clothing company H&M on Wednesday announced to introduce its home furnishing brand H&M Home in India in both online and offline formats. H&M Home offers fashion-forward decor and accessories for every room and style. Its assortment ranges from high-quality bedlinen and dinnerware to diversified textiles, with contemporary style. [...]
New Delhi, Delhi, India (NewsVoir) University Connection is successfully bridging the gap between students and universities by providing unbiased guidance and facilitation on colleges and scholarships. In close to a decade, University Connection has impacted over 10,000 students across the country. University Connection curated India’s first series of a location-specific virtual college fair, UnivReach, which [...]
Coimbatore, Feb 2 (PTI) City-based KG Information Systems Private Limited (KGiSL) has approved the de-merger of its Global Software Services (GSS) and Business Support Services (BSS) divisions. After the demerger, the two divisions would be different, independent entities. KiGSL said it took this decision so that the divisions can unlock their potential and pursue growth. [...]
New Delhi, Feb 2 (PTI) Shriram Asset Management Company (AMC) on Wednesday said its board has approved a strategic investment by Mission1 Investments, which will own a 23 per cent stake in the company, following the completion of the transaction. This partnership will sharpen Shriram Group's focus and attention towards building an investment solutions platform that is [...]
New Delhi, Feb 2 (PTI) The government is likely to file draft papers for the mega initial public offering of LIC with market regulator Sebi by next week, while a portion of the issue would be reserved for anchor investors, a top official said on Wednesday. In an interview with PTI, Tuhin Kanta Pandey, Secretary [...]
Kolkata, West Bengal, India (NewsVoir) Abbas Kazerooni, the Iranian-born best selling author of children’s books On Two Feet and Wings and The Boy With Two Lives, while participating in a virtual session of The Universe Writes, said, “One of the themes of both my books are that human beings are more good than they are [...]
Shillong, Feb 2 (PTI) Meghalaya Chief Minister Conrad K Sangma on Wednesday inaugurated the 'Shillong Technology Park' in presence of state Information Technology and Communication Minister Hamletson Dohling and PHE Minister Renikton Lyngdoh. Speaking at the inaugural ceremony, the chief minister said the Shillong Technology Park will provide a golden opportunity to IT professionals of [...]