by PTI News | Apr 28, 2022 | 9:30 pm | Corporate Action, News
New Delhi, Apr 28 (PTI) The CBI on Thursday arrested Mumbai-based realtor Sanjay Chhabria in connection with a case of alleged corruption against Yes Bank founder Rana Kapoor and Dewan Housing Finance Corporation Ltd (DHFL), officials said. Chhabria of Radius Developers will be produced before a special court on Friday, they said. The CBI had [...]
by PTI News | Apr 28, 2022 | 8:39 pm | Commodities, Commodity Prices, Company Results, Corporate Action, News
New Delhi, Apr 28 (PTI) Mining major Vedanta Ltd on Thursday reported a consolidated profit after tax of Rs 7,570 crore for the January-March quarter of 2021-22 on the back of higher sales volume, supportive commodity prices and operational efficiencies.The company had posted a profit after tax of Rs 5,105 crore in the year-ago period, [...]
by PTI News | Apr 28, 2022 | 7:45 pm | Corporate Action, News
Mumbai, Apr 28 (PTI) IKEA India is planning to increase locally sourcing their products which will not only help in staying affordable but will also create more jobs and enhance skills, a top company executive has said. "We have been steadily increasing our local sourcing footprint in India and our ambition is to reach about [...]
by PTI News | Apr 28, 2022 | 7:44 pm | Corporate Action, News
Mumbai, Apr 28 (PTI) Healthcare startup Ayu Health has raised USD 27 million (about Rs 205 crore) in a series-B round led by Fundamentum Partnership, an early growth-stage fund founded by Nandan Nilekani and Sanjeev Aggarwal.The round also saw participation from the US-based fund 57 Stars, Rohit MA-led Capier Investments, angel investors such as Ashish [...]
by PTI News | Apr 28, 2022 | 7:35 pm | Corporate Action, News
New Delhi, Apr 28 (PTI) Tata Power has inked a pact with National Real Estate Development Council (NAREDCO) to install 5,000 EV charging points across Maharashtra, a statement said on Thursday. Tata Power will provide a comprehensive EV charging solutions across properties of member developers of NAREDCO, the statement said. This will include installation, maintenance, [...]
by PTI News | Apr 28, 2022 | 7:13 pm | Corporate Action, News
New Delhi, Apr 28 (PTI) A Delhi court on Thursday reserved an order on the bail applications of former managing director and chief executive officer of the National Stock Exchange (NSE) Chitra Ramkrishna and group operating officer (GOO) Anand Subramanian in the NSE co-location case. Special Judge Sanjeev Aggarwal heard the submission from the accused [...]
by PTI News | Apr 28, 2022 | 5:30 pm | Corporate Action, News
London, Apr 28 (PTI) Mukesh Ambani led Reliance Industries is considering a joint bid with US buyout firm Apollo Global Management for Britain's well-known retailer Boots, according to a UK media report on Thursday.According to ‘The Financial Times’, the American private equity firm is working with one of India’s richest businessmen on a bid for [...]
by PTI News | Apr 28, 2022 | 3:42 pm | Corporate Action, News
New Delhi, Apr 28 (PTI) Embassy Office Parks REIT's chief executive officer Michael Holland has resigned from the company and Vikaash Khdloya has been appointed as the CEO with effect from July 1. Embassy REIT, sponsored by Embassy group and Blackstone, declared a distribution of Rs 499 crore or Rs 5.26 per unit for Q4 [...]
by PTI News | Apr 28, 2022 | 2:58 pm | Corporate Action, News
Hyderabad, Apr 28 (PTI) Google on Thursday signed a Memorandum of Understanding with the Telangana government to bring benefits of digital economy to youth and women entrepreneurs, and also kicked off the ground-up development of its three million square foot building in the city. The MoU was exchanged in the presence of Telangana IT and [...]
by PTI News | Apr 28, 2022 | 2:24 pm | Corporate Action, News
New Delhi, Apr 28 (PTI) State-run engineering firm Bharat Heavy Electricals Ltd (BHEL) has inked a pact with GE Power Conversion for the development of integrated electric propulsion systems for the Indian Navy. "The signing of a Memorandum of Understanding (MoU) between BHEL and GE Power Conversion has provided a boost to the indigenous capability [...]
