by PTI News | Feb 24, 2022 | 6:16 pm | Corporate Action, News
New Delhi, Feb 24 (PTI) Markets regulator Sebi has notified amendments to the depositories and participants norms, hiking the net worth requirement for trading members. As per the revised norms, stock brokers are required to have a net worth of Rs 3 crore, within one year of the date of notification, according to the notification [...]
by PTI News | Feb 24, 2022 | 5:45 pm | Corporate Action, News
New Delhi, Feb 24 (PTI) NSE Academy, a wholly-owned subsidiary of the National Stock Exchange (NSE), on Thursday said it has joined hands with Indian Institute of Management, Raipur to collaborate in the area of joint certification programmes in finance and financial technologies. Under this collaboration, both the institutions will offer market defining, several long [...]
by PTI News | Feb 24, 2022 | 5:44 pm | Corporate Action, News
New Delhi, Feb 24 (PTI) The Zydus group on Thursday said its listed entity Cadila Healthcare would now be known as Zydus Lifesciences Ltd as part of new brand identity. The Ahmedabad-based group is present in 55 countries, with 36 manufacturing plants, 8 R&D centres, 1,400 research scientists and 23,000 employees worldwide. "Our new brand identity [...]
by PTI News | Feb 24, 2022 | 4:31 pm | Corporate Action, News
Mumbai, Feb 24 (PTI) Mahindra & Mahindra Financial Services Limited (Mahindra Finance) on Thursday said it is planning to increase the number of branches of its Sri Lankan subsidiary Mahindra Ideal Finance Ltd (MIFL) to around 100 over the next three years from 17 at present. In July 2021, Mahindra Finance had increased its stake [...]
by PTI News | Feb 24, 2022 | 4:26 pm | Corporate Action, News
New Delhi, Feb 24 (PTI) Auto component major Bharat Forge on Thursday said it will acquire JS Autocast Foundry India. The company, along with its subsidiary, BF Industrial Solutions, has entered into a definitive agreement to acquire JS Autocast Foundry India (JS Auto), the company said in a statement. Established in 2004, JS Auto is [...]
by PTI News | Feb 24, 2022 | 3:07 pm | Corporate Action, News
New Delhi, Feb 24 (PTI) IDBI Bank on Thursday said its board has approved appointment of T N Manoharan as additional director with immediate effect. Manoharan is not related to any other director on the board and the KMP (key management personnel) of the bank, the lender said in a BSE filing. "The board of [...]
by PTI News | Feb 24, 2022 | 2:48 pm | Corporate Action, News
Mumbai, Feb 24 (PTI) Curefoods, a cloud kitchen company that houses brands like EatFit, CakeZone and Great Indian Khichdi, on Thursday announced acquisition of the South India franchise rights for US-based pizza chain Sbarro. Sbarro is a global pizza brand that specialises in New York-style pizzas and is currently present in 630 locations across 28 [...]
by PTI News | Feb 24, 2022 | 2:30 pm | Corporate Action, News
New Delhi, Feb 24 (PTI) Niyo, the consumer neo-banking platform, on Thursday said it has raised USD 100 million (about Rs 750 crore) from a group of private equity firms led by Accel and Lightrock India. The company will use the funds to accelerate its mission to transform banking in India, and to provide convenient [...]
by PTI News | Feb 24, 2022 | 2:07 pm | Corporate Action, News
(An open-ended scheme replicating/tracking Nifty Midcap 150 Total Return Index) MUMBAI, India, Feb. 24, 2022 /PRNewswire/ -- Mirae Asset Mutual Fund, is one of the fastest growing fund houses in India. Today, the fund house has announced the launch of 'Mirae Asset Nifty Midcap 150 ETF', an open-ended scheme replicating/tracking Nifty Midcap 150 Total Return [...]
by PTI News | Feb 24, 2022 | 1:50 pm | Corporate Action, News
Mumbai, Feb 24 (PTI) Swedish home furnishings retailer IKEA (part of Ingka Group) on Thursday announced the appointment of Susanne Pulverer as its new and first woman Chief Executive Officer and Chief Sustainability Officer, for its India business. Pulverer, an experienced IKEA leader, takes over from the outgoing India CEO Peter Betzel, who will move [...]
