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New managing director to assume charge in Suguna Foods from April

Coimbatore, Mar 21 (PTI) Suguna Foods, a poultry company, on Monday announced the appointment of Vignesh Soundararajan as its new managing director effective from April 1. Vignesh would power the expansion plan of the company in the segment and focus on strengthening the footprint of the brand across the country, a press release from the [...]

Asian Granito announces Rs 500-crore rights issue for expansion

Mumbai, Mar 21 (PTI) Sanitaryware major Asian Granito on Monday announced a Rs 500-crore rights issue to fund its expansion plans. Under this expansion, the company plans to set up three manufacturing units at an investment of around Rs 300 crore in luxury surfaces and bathware segments. The proceeds from the Rs 500-crore rights issue will [...]

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For 10 yrs nil defence procurement happened under UPA; from pin to aircraft had to be ordered: FM in Rajya Sabha. PTI MBI ANZ MR MR

Provet Pharma Private Limited Raises Fund from N+1 Capital

Chennai, Tamil Nadu, India (NewsVoir) • The funds will be utilized to support the growth momentum of the Company. Provet Pharma Private Limited, headquartered in Chennai, one of the fast-growing animal health care companies in India, raises an undisclosed amount from N+1 Capital, one of India's largest revenue-based growth capital funds. The Company will be [...]

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Today's realities dictated interest rate on employee PF; 8.1% rate better than interest rate on small saving deposits: FM in Rajya Sabha. PTI MBI ANZ MR MR

NEWSALERT

Central board of employee PF body EPFO takes call on interest rate on provident fund; board proposed cutting PF rate to 8.1%: FM. PTI MBI ANZ MR MR

NEWSALERT

Embedded value of LIC calculated in very scientific way, disclosed in draft IPO papers filed with SEBI: FM on pre-IPO valuation of LIC. PTI MBI ANZ MR MR