by PTI News | May 4, 2022 | 8:14 pm | Corporate Action, News
New Delhi, May 4 (PTI) Automobile dealers' body FADA on Wednesday said the increase in repo rate will "apply certain amount of brakes" on the industry's growth, especially the two-wheeler segment which is already reeling under a severe slowdown. Home, auto and other loan EMIs are likely to go up after the Reserve Bank of [...]
by PTI News | May 4, 2022 | 7:50 pm | Corporate Action, News
Kolkata, May 4 (PTI) Tata Steel will achieve its target to double its capacity to produce 40 million tonne steel by 2030 and will install its Electric Arc Furnaces (EAF) in north, south and west India that will use scrap as an environmentally friendly step, a top company official said. Electric Arc Furnaces use recycled [...]
by PTI News | May 4, 2022 | 6:49 pm | Corporate Action, IPO, News
Mumbai, May 4 (PTI) Reserve Bank of India (RBI) has said that all ASBA-designated bank branches will remain open for public on Sunday to facilitate processing of applications for LIC's initial public offering. State-owned LIC's Initial Public Offering (IPO), the country's biggest ever offer, opened for subscription by retail and institutional investors on Wednesday. The [...]
by PTI News | May 4, 2022 | 6:20 pm | Corporate Action, News
New Delhi, May 4 (PTI) Shriram City Union Finance on Wednesday said it is planning to raise up to Rs 750 crore by issuing bonds on a private placement basis. The banking and securities management committee of the company on Wednesday approved the issue of secured, rated, listed, redeemable, principal-protected and market-linked non-convertible debentures for [...]
by PTI News | May 4, 2022 | 6:15 pm | Corporate Action, News
New Delhi, May 4 (PTI) The coal ministry will hold a high-level Investors' Meet on Friday in a bid to attract investments from the private sector. Coal Minister Pralhad Joshi will launch the event to be held in Mumbai. "Joshi will be launching a high level Investors’ Meet in Mumbai on 6th May, 2022 focussing [...]
by PTI News | May 4, 2022 | 5:48 pm | Corporate Action, News
New Delhi, May 4 (PTI) Future Consumer Ltd on Wednesday said its independent director Adhiraj Harish has resigned from the board of the company. "Adhiraj Harish has resigned from the position of an Independent Director from Board of Directors of the Company with effect from May 3, 2022," the Future Group firm said in a [...]
by PTI News | May 4, 2022 | 5:11 pm | Corporate Action, News
Chennai, May 4 (PTI) US pharmaceutical company Pfizer has set up its global drug development centre at the Indian Institute of Technology-Madras Research Park here, at an outlay of over Rs 150 crore. The centre, which employs 250 scientists and technicians, would develop innovative formulations, small molecules and active pharmaceutical ingredients (APIs). According to company, [...]
by PTI News | May 4, 2022 | 5:10 pm | Corporate Action, News
Mumbai, Maharashtra, India (NewsVoir) Pernod Ricard India (PRI), a global leader in the wine and spirit industry, today announced the appointment of Richa Singh, as Chief Financial Officer (CFO), Pernod Ricard South Asia and India. Joining the leadership team, Richa Singh will report directly to Thibault Cuny, Managing Director & CEO Pernod Ricard South Asia [...]
by PTI News | May 4, 2022 | 4:30 pm | Corporate Action, News
Mumbai, May 4 (PTI) Agro-chemicals major UPL on Wednesday said it has acquired a naturally-derived fungicide, OptiCHOS, for its natural plant protection (NPP) business unit. The NPP portfolio houses natural and biologically derived agricultural inputs and technologies, UPL said in a BSE filing. The active ingredients of OptiCHOS were developed from the chitin-rich by-products of [...]
by PTI News | May 4, 2022 | 3:27 pm | Corporate Action, News
New Delhi, May 4 (PTI) Consumer electronics maker Samsung has forayed into the vacuum cleaner segment in India, expanding into the home cleaning solutions business. Samsung has launched a line-up of Jet cordless stick vacuum cleaners that can generate up to 200 watts of suction power and are lightweight and ergonomically designed, said a company [...]
