by PTI News | Jan 30, 2022 | 1:14 pm | Corporate Action, News
New Delhi, Jan 30 (PTI) The National Company Law Appellate Tribunal (NCLAT) has set aside an earlier order of the Mumbai bench of the NCLT, which had directed the administrator of the debt-ridden DHFL to put the second settlement proposal by erstwhile promoter Kapil Wadhwan before its lenders for consideration. The appellate tribunal observed that [...]
by PTI News | Jan 30, 2022 | 1:13 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 [...]
by PTI News | Jan 30, 2022 | 12:59 pm | Corporate Action, News
New Delhi, Jan 30 (PTI) Embassy Office Parks REIT will invest Rs 850 crore to develop nearly two million square feet office buildings in Bengaluru as the company remains bullish on demand for premium workspace, a senior company official said. Embassy Office Parks REIT, the country's first public listed real estate investment trust (REIT) sponsored [...]
by PTI News | Jan 29, 2022 | 9:35 pm | Corporate Action, News
New Delhi, Jan 29 (PTI) Union minister Sarbananda Sonowal on Saturday reviewed the progress on various green initiatives being implemented as per Maritime India Vision 2030 for the development of green ports and green shipping in India, an official statement said on Saturday. The minister held a meeting with the representatives of all major ports [...]
by PTI News | Jan 29, 2022 | 7:42 pm | Corporate Action, News
New Delhi, Jan 29 (PTI) Piramal Capital & Housing Finance Limited (PCHFL) that acquired debt-ridden DHFL has integrated over 3,000 employees and plans to increase the headcount for business growth. Under 'Project Sangam', a programme focused on the cultural and business integration, senior professionals from DHFL will move to a new corporate premises in Mumbai [...]
by PTI News | Jan 29, 2022 | 3:32 pm | Corporate Action, News
New Delhi, Jan 29 (PTI) After facing criticism from various quarters, the country's largest lender State Bank of India (SBI) on Saturday decided to suspend its circular on recruitment of pregnant women. SBI recently reviewed its 'Fitness Standards for Recruitment in the Bank', including norms for Pregnant Women candidates. Under the new rules, a woman [...]
by PTI News | Jan 29, 2022 | 10:20 am | Company Results, Corporate Action, News
New Delhi, Delhi, India (NewsVoir) Max Life Results Highlights (9MFY22) • Total Assets Under Management (AUM): Rs. 102,471 Cr., Up 21% • Gross Written Premium: Rs. 14,415 Cr., Up 21% • Embedded Value at Rs. 13,412 Cr.; Operating RoEV at 19.2%** • Value of New Business at Rs. 942 Cr., Up 20% Max Financial Services [...]
by PTI News | Jan 28, 2022 | 9:35 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) Smartphones maker Oppo India plans to set up a power and performance lab in India to focus on improvement in battery life in the upcoming devices, especially when 5G services are rolled out, a senior company official said on Friday. Tasleem Arif, head (research and development) and vice-president of Oppo [...]
by PTI News | Jan 28, 2022 | 9:06 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) IT firm Tech Mahindra on Friday said it has strengthened its partnership with Mahindra Racing to provide EV engineering capabilities and drive digital transformation to enhance performance management.As part of the partnership, Tech Mahindra will leverage a dynamic and unique eRace Track Analytics platform with live analytics, wind tunnel simulations, [...]
by PTI News | Jan 28, 2022 | 8:28 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) India needs a multi-pronged approach to connect its 1.3 billion people and there will be no conflict of interest among vendor partners post Google's investment in Bharti Airtel, a senior official of the domestic telecom major said on Friday. Bharti Airtel is the second Indian telecom firm after Jio in [...]
