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HARYANA CITY GAS BAGS MOST LUCRATIVE AREAS NAGPUR & RAIPUR

Gurugram based HCG (KCE) Pvt. Ltd. led by Mr. Kapil Chopra has surprised everybody by winning the top two most lucrative GA’s: Nagpur & Raipur under round XI CGD bidding invited by Petroleum & Natural Gas Regulatory Board recently. Company’s CEO Mr. Rahul Chopra said that “As per various survey sources, these two geographical areas [...]

Smartron Group secures up to $200mn capital commitment from GEM Group

New Delhi, Jan 25 (PTI) Tech company Smartron on Tuesday said it has signed an agreement with Global Emerging Markets Group (GEM), wherein the alternative investment organisation will provide a share subscription facility of up to USD 200 million (about Rs 1,495.8 crore).Smartron has developed and introduced a range of smart and intelligent products powered [...]

Refined soya oil futures fall on low demand

New Delhi, Jan 25 (PTI) Refined soya oil prices on Tuesday fell by Re 1 to Rs 1,259 per 10 kg in the futures trade as speculators reduced holdings amid subdued demand in the spot market. On the National Commodity and Derivatives Exchange, refined soya oil for delivery in February declined Re 1, or 0.08 [...]

CB Insights Accolades Bertelsmann India Investments as Top Investor

New Delhi, Delhi, India (NewsVoir) Bertelsmann India Investments, a venture capital fund focussed on investing in Series B and Series C startups, has secured rank #1 globally in Top investors and Top CVC category as per CB Insights - State of Venture report. The annual report shares global data and analysis on deal making, funding, [...]

FRL independent directors turn down Amazon’s bailout offer

New Delhi, Jan 25 (PTI) Independent directors of Future Retail Ltd (FRL) have turned down Amazon's offer of financial support to the company through a deal with private equity firm Samara Capital, saying the offer is "plainly an attempt to buy the FRL assets on the cheap". FRL's independent directors had last week asked Amazon [...]

Guar seed futures rise on fresh bets

New Delhi, Jan 25 (PTI) Guar seed prices on Tuesday rose by Rs 67 to Rs 6,287 per 10 quintals in the futures trade after speculators increased their positions driven by a firm trend at the spot market. On the National Commodity and Derivatives Exchange, guar seed for February contracts increased by Rs 67, or [...]

Working with AWS to meet growing demand for online learning: upGrad

New Delhi, Jan 25 (PTI) upGrad on Tuesday said it has moved the vast majority of its IT infrastructure to Amazon Web Services (AWS), a move that has helped the higher education technology provider rapidly scale to meet the burgeoning demand for online education during the COVID-19 pandemic. The edtech company has doubled its learner [...]

AP Mahesh Co-op Urban Bank servers hacked, Rs 12 crore siphoned off

Hyderabad, Jan 25 (PTI) Servers of city-based Andhra Pradesh Mahesh Co-operative Urban Bank were hacked by some people and funds to the tune of nearly Rs 12 crore were allegedly fraudulently transferred to several bank accounts across the country, police said on Tuesday. A senior official of the AP Mahesh Co-operative Urban Bank said funds [...]

Deepak Nitrite Limited Announces Q3 & 9M FY2022 Earnings

Achieved highest ever top line in Q3, both on standalone and consolidated basis For 9M FY22 (Consolidated): • Revenues at Rs. 4,969 crore, up by 71% Y-o-Y • EBITDA at Rs. 1,232 crore, higher by 53% Y-o-Y • PAT, at Rs. 799 crore, rises 65% on a Y-o-Y basis MUMBAI and VADODARA, India, Jan. 25, [...]

Guar gum futures gain on spot demand

New Delhi, Jan 25 (PTI) Guar gum prices on Tuesday gained Rs 173 to Rs 11,729 per five quintals in the futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for the February delivery traded higher by 1.50 per cent, or Rs 173, to [...]
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