by PTI News | Feb 4, 2022 | 10:15 am | Corporate Action, News
New Delhi, Feb 4 (PTI) Agritech startup EekiFoods on Friday said it has raised USD 2 million (about Rs 15 crore) from investors, including Avaana Capital, to expand its business and upgrade technology.The company was founded in December 2018 by IIT Bombay Alumni Abhay Singh and Amit Kumar.It grows high-quality, residue-free Indian staple vegetables through [...]
by PTI News | Feb 4, 2022 | 10:09 am | Corporate Action, News
- Acquisition of US FDA Approved State-of-the-Art Manufacturing Facility with Approximately 68,000 Square Feet On a 14 Acre Campus in the Heart of New Jersey – Also Known as "the Medicine Chest" of America - Capabilities include Formulation Development, Manufacturing of Soft Gels, Powders, Tablets, Capsules, Liquid Drugs, Controlled Substance (schedule II – IV), Packaging, [...]
by PTI News | Feb 4, 2022 | 10:06 am | Corporate Action, News
GURGAON, India, Feb. 4, 2022 /PRNewswire/ -- Rajesh Padmanabhan, corporate whizz and man-of-many-parts is all set to join HONO as Chairman of HONO Board of Directors. A man with over 3 decades of pioneering work globally, across diverse functions like Business P&L, HR, Corporate Strategy, Consulting, Technology, Banking and Start-up entrepreneurship, Rajesh is now to [...]
by PTI News | Feb 3, 2022 | 10:15 pm | Corporate Action, News
New Delhi, Feb 3 (PTI) Power Grid Corporation (PGCIL) on Thursday said its board has approved investments worth Rs 677.59 crore for transmission projects. The 'Committee of Directors on Investment on Projects' at its meeting held on February 2 (Wednesday) approved investments worth Rs 677.59 crore, it said in a BSE filing. The projects include [...]
by PTI News | Feb 3, 2022 | 9:31 pm | Corporate Action, News
New Delhi, Feb 3 (PTI) ICICI Bank on Thursday said it has bought additional stake in India International Clearing Corporation (IICC) at IFSC in GIFT City for Rs 4.43 crore, taking its holding in the clearing body to 9.90 per cent. As many as 44,262,356 equity shares at Re 1 per share were allotted to [...]
by PTI News | Feb 3, 2022 | 8:02 pm | Corporate Action, News
Chennai, Feb 3 (PTI): Carborundum Universal Ltd (CUMI) on Thursday said its step down wholly owned subsidiary CUMI Abrasives GmbH has entered into a share purchase agreement with RHODIUS Abrasives, Germany at an enterprise value of Euro 55 million (about Rs 464 crore). In a statement, the company said the transaction was expected to be [...]
by PTI News | Feb 3, 2022 | 5:42 pm | Corporate Action, News
Hyderabad, Feb 3 (PTI) Dr Reddy's Laboratories Ltd on Thursday announced that it has entered into a definitive agreement to acquire Nimbus Health GmbH a privately owned, licensed pharmaceutical wholesaler from Germany focusing on medical cannabis. A press release from the Indian drug maker said Dr Reddy's will acquire Nimbus Health for an upfront payment [...]
by PTI News | Feb 3, 2022 | 5:34 pm | Corporate Action, News
Bengaluru, Feb 3 (PTI) A Memorandum of Understanding(MoU) was signed between electric two-wheeler maker Ather Energy and Electric Supply Companies (ESCOMs) of Karnataka in the presence of Chief Minister Basavaraj Bommai on Thursday for setting up 1,000 fast charging stations across the state. The ESCOMs would be the nodal agency to provide all technical support [...]
by PTI News | Feb 3, 2022 | 5:28 pm | Corporate Action, News
New Delhi, Feb 3 (PTI) Real estate firm Godrej Properties is planning to invest Rs 400 crore to acquire around 10 per cent stake in DB Realty and will also set up a Rs 600 crore equal joint platform to develop slum redevelopment projects. Mumbai-based Godrej Properties, one of the leading developers in the country, [...]
by PTI News | Feb 3, 2022 | 5:27 pm | Corporate Action, News
New Delhi, Feb 3 (PTI) Agro-chemical firm Safex Chemicals on Thursday announced the acquisition of Gujarat-based Shogun Lifesciences for an undisclosed amount. Shogun Lifesciences has been acquired by Safex through its wholly owned subsidiary Shogun Organics Ltd, a Pune-based manufacturer of Home Care Active Ingredients, now expanded to produce agro chemical active [...]