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Adani Ports to acquire marine services firm Ocean Sparkle

New Delhi, Apr 22 (PTI) Adani Ports and Special Economic Zones (APSEZ) on Friday said its subsidiary Adani Harbour Services has entered into a definitive agreement to acquire leading third-party marine services provider Ocean Sparkle Ltd (OSL).Commenting on the development, APSEZ CEO and Whole-time Director Karan Adani said given the synergies of OSL and the Adani [...]

L&T Technology Services Awarded USD 100 Million Plus Electric Air Mobility Program from Jaunt Air Mobility

LTTS to set up Engineering R&D Centre encompassing structural design, power electronics, flight control systems, manufacturing engineering Bengaluru, Karnataka, India & Montreal, Canada & Dallas, United States – Business Wire India L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company, has garnered a multi-year $100 million+ electric air mobility [...]

Sitharaman reaffirms India’s commitment to fighting money laundering, terror financing; lauds FATF

Washington, Apr 22 (PTI) Finance Minister Nirmala Sitharaman has reaffirmed India’s political commitment to fighting money laundering and terrorist financing as she appreciated the role of FATF global network in safeguarding the global financial system. Sitharaman said this as she attended the FATF Ministerial Meeting conducted here alongside the 2022 Spring Meetings of the International [...]

Goyal invites industrialists, business houses to invest in India

New Delhi, Apr 21 (PTI) Commerce and Industry Minister Piyush Goyal on Thursday invited both domestic and global investors, industrialists, business houses, exporters, and MSME sector to invest in India. He also said the National Industrial Corridor Development Programme (NICDC) is now at the cusp of taking off and the ministry will take it forward [...]

Govt to penalise EV companies found negligent, recall defective vehicles: Gadkari

New Delhi, Apr 21 (PTI) With increasing incidents of electric two-wheelers catching fire, Union minister Nitin Gadkari on Thursday said  the companies found negligent will be penalised and a recall of all defective vehicles will be ordered after receiving the report of an expert panel that has been formed to enquire into the matter. In a series [...]

FM meets IMF DMD Gita Gopinath; discusses wide range of issues

New Delhi, Apr 21 (PTI) Finance Minister Nirmala Sitharaman on Thursday met First Deputy Managing Director of the International Monetary Fund (IMF), Gita Gopinath, and discussed a range of issues, including the upcoming India G20 Presidency. The meeting took place on the sidelines of the IMF-WB Spring Meetings 2022 in Washington, the Finance Ministry said in [...]

Apollo Hospitals’ Sangita Reddy pitches for increasing women’s representation in workplace

Mumbai, Apr 21 (PTI) Apollo Hospitals Joint MD Sangita Reddy on Thursday pitched for increasing women's representation in every sphere of life, including the workplace. "There's a tremendous need across society to enhance women's labour participation to improve the gender gap, all these are stark realities on the ground. I just think... there should be [...]

Sebi penalise an individual for violating insider trading norms

New Delhi, Apr 21 (PTI) Capital markets regulator Sebi has penalised an individual for flouting insider trading norms in the matter of Varun Beverages Limited. The order came on Wednesday after a probe conducted by Sebi between January 2017 and April 2018. The regulator had received a letter from Varun Beverages Limited (VBL) about violation [...]

Wiom raises Rs 30 crores in seed round co-led by YourNest, 9 Unicorn

New Delhi, Apr 21 (PTI) Internet services firm Wiom has secured a funding of Rs 30 crore in a seed funding round led by YourNest and 9 Unicorn, the company said on Thursday. The company said that a global tech giant and existing investors Auxano and Omidyar Network India also participated in the funding round. [...]
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