by PTI News | Apr 18, 2022 | 5:38 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) Realty firm Embassy group on Monday said it has given on lease 85,000 square feet of office space to Acsia Technologies in Trivandrum, Kerala. Acsia Technologies is its new tenant in the Embassy Taurus TechZone project, it said in a statement. As part of their major expansion project, Acsia's new [...]
by PTI News | Apr 18, 2022 | 5:03 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) The Competition Commission has cleared the proposed acquisition of a minority stake in BDR Pharmaceuticals International Pvt Ltd by Multiples Private Equity Fund III and other investors. Under the transaction, the minority stake would be purchased by Multiples Private Equity Fund III, SRF Transnational Holdings Ltd, Balkrishna Industries Ltd, Dharmayug [...]
by PTI News | Apr 18, 2022 | 4:52 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) NBFC Advik Capital is open to exploring partnerships with financial technology companies as it looks to expand business, a top company official said on Monday. The company is looking to expand its personal loans, gold loans and consumer durable financing portfolios in addition to its corporate loan segment. "Advik Capital [...]
by PTI News | Apr 18, 2022 | 4:25 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) Digit Insurance on Monday said it has elevated Jasleen Kohli as the new Managing Director & Chief Executive Officer (CEO) of the company with effect from April 20. At 42, Kohli will become one of the youngest CEOs in the insurance industry, according to the company. Kohli will take over [...]
by PTI News | Apr 18, 2022 | 4:01 pm | Corporate Action, News
MUMBAI, India, April 18, 2022 /PRNewswire/ -- Indiabulls Real Estate Limited (NSE: IBREALEST) (BSE: 532832), announced that it has successfully completed a capital raise of ₹8.65 billion (US$ 114 million) at ₹101.10 per equity share through Qualified Institutional Placement. Trading of these shares will commence today i.e. April 18, 2022, on NSE and BSE. The [...]
by PTI News | Apr 18, 2022 | 3:14 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) US-based aircraft engine manufacturer GE has partnered with the Tamil Nadu Industrial Development Corporation (TIDCO) to set up a centre of excellence in the southern state on emerging aviation engine technologies."An investment of about Rs 141.26 crore over five years was proposed to be funded by TIDCO and GE in [...]
by PTI News | Apr 18, 2022 | 2:45 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) Indiabulls Real Estate on Monday said it will utilise Rs 865 crore raised by issuing shares to institutional investors mainly for land acquisition and debt reduction.The Mumbai-based firm on March 7 had launched its QIP (Qualified Institutional Placement) issue and closed it on April 12.In a regulatory filing, Indiabulls Real [...]
by PTI News | Apr 18, 2022 | 2:40 pm | Corporate Action, News
Mumbai, Apr 18 (PTI) The Economic Offences Wing (EOW) of the Mumbai Police has registered 34 FIRs against 150 people, including 60 foreigners- 40 of them from China- for allegedly violating laws regarding the registration of new companies and for fraudulently becoming directors of Indian companies, a police official said on Monday. The official said [...]
by PTI News | Apr 18, 2022 | 2:22 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) Digit Insurance on Monday said it has elevated Jasleen Kohli as the new Managing Director & Chief Executive Officer (CEO) of the company with effect from April 20. At 42, Kohli will become one of the youngest CEOs in the insurance industry, according to the company. Kohli will take over [...]
by PTI News | Apr 18, 2022 | 2:22 pm | Corporate Action, News
New Delhi, Apr 18 (PTI) LML Electric on Monday said it has inked a letter of intent (LOI) to form a joint venture with Germany-based electric hyperbike manufacturer eROCKIT AG. If the parties agree on the JV, the mass production of the bikes will take place at LML's facilities in India. "With this new jewel [...]
