by PTI News | Jan 31, 2022 | 2:36 pm | Corporate Action, News
Mumbai, Jan 31 (PTI) Jet Freight Express, the domestic and hyperlocal service arm of Jet Freight Logistics, on Monday said it has deployed electric vehicles (EVs) in the last-mile delivery for an e-commerce player. The company in a statement on Monday said it plans to include more EVs to serve multinational companies as part of [...]
by PTI News | Jan 31, 2022 | 12:57 pm | Corporate Action, News
New Delhi, Jan 31 (PTI) Anicut Capital on Monday said it has raised Rs 140 crore from the Small Industries Development Bank of India (SIDBI) for its second debt fund.The funds will be deployed through the second debt fund - Grand Anicut Fund-2 - which closed recently at Rs 875 crore, a statement said.The funds [...]
by PTI News | Jan 31, 2022 | 12:49 pm | Corporate Action, News
Hyderabad, Jan 31 (PTI) Drillmec SpA, a subsidiary of the city-based Megha Engineering and Infrastructures Limited (MEIL) group, will be setting up its global manufacturing hub in Telangana with an investment outlay of USD 200 million, a top executive of the Italian company said on Monday. Simone Trevisani, CEO, Drillmec and Jayesh Ranjan, Principal Secretary [...]
by PTI News | Jan 31, 2022 | 12:36 pm | Corporate Action, News
Mumbai, Jan 31 (PTI) SaaS-based cold chain aggregator platform Celcius on Monday announced a financial tie-up with Shriram Transport Finance Company (STFC) to fund vehicles and working capital financing for the cold supply chain market.Under the collaboration, which marks STFC's entry into the cold supply chain segment, the two partners will provide light and heavy [...]
by PTI News | Jan 31, 2022 | 12:01 pm | Corporate Action, News
New Delhi, Jan 31 (PTI) Drugmaker Granules India Ltd on Monday said the US health regulator has issued "three minor observations" to its wholly-owned arm Granules Pharmaceuticals, Inc (GPI) in a pre-approval inspection (PAI).Granules Pharmaceuticals located in Chantilly, Virginia, US, had undergone a PAI by the US Food and Drug Administration (USFDA) from January 24-28, [...]
by PTI News | Jan 30, 2022 | 9:54 pm | Corporate Action, News
New Delhi, Jan 30 (PTI) PPFAS Mutual Fund on Sunday announced that it will stop accepting inflows into PPFAS Flexicap Fund with effect from February 2. The moves comes after the capital markets regulator Sebi directed mutual fund houses to stop taking fresh subscriptions in schemes investing in overseas stocks. The directive to stop subscription [...]
by PTI News | Jan 30, 2022 | 8:52 pm | Corporate Action, IPO, News
New Delhi, Jan 30 (PTI) The government has extended the tenure of chairman of IPO-bound Life Insurance Corporation (LIC) by one more year with a view to facilitating smooth listing of the insurance behemoth, sources said. Besides, the government has also extended the tenure of one of the managing directors, Raj Kumar, for one year. [...]
by PTI News | Jan 30, 2022 | 6:47 pm | Corporate Action, News
Kolkata, Jan 30 (PTI) Saregama India, a part of RP-Sanjiv Goenka Group, is planning to invest up to Rs 750 crore in its music business to achieve a 25-30 per cent revenue growth in the next few years through organic and inorganic routes, an official said. It is also foraying into a new business segment [...]
by PTI News | Jan 30, 2022 | 6:03 pm | Corporate Action, News
New Delhi, Jan 30 (PTI) Steel company JSW Steel on Sunday announced the passing away of Malay Mukerjee, who was an independent director on its board. Mukerjee was appointed to the board of JSW Steel on July 29, 2015. In a statement, JSW Steel said it announces the "sad demise of Malay Mukerjee, independent director, aged [...]
by PTI News | Jan 30, 2022 | 1:44 pm | Corporate Action, News
New Delhi, Jan 30 (PTI) Adani Ports and Special Economic Zone (APSEZ) on Sunday said the company's composite scheme to acquire Sarguja Rail Corridor Pvt Ltd (SRCPL) has been approved by the National Company Law Tribunal (NCLT) and will be effective from the appointed date of April 1, 2021. APSEZ in a statement said the [...]
