by PTI News | Jan 28, 2022 | 8:24 pm | Corporate Action, News
Mumbai, Jan 28 (PTI) Grounded carrier Jet Airways has appointed Priyapal Singh as its 'accountable manager', replacing Sudhir Gaur who resigned from the company late last year, an airline source said on Friday. A seasoned pilot, Singh took over the charge of the position in January, according to the source. The source also said that [...]
by PTI News | Jan 28, 2022 | 8:14 pm | Corporate Action, News
Mumbai, Jan 28 (PTI) Microfinance institution Satin Creditcare Network Ltd (SCNL) on Friday said it has raised Rs 225 crore through preferential allotment of shares. The micro lender has allotted a total of 30,76,916 shares (i.e. 7,69,229 shares each) to a group of investors namely Aarti Agrifeeds LLP, Adesh Agricare LLP, Adesh Agrifarm LLP [...]
by PTI News | Jan 28, 2022 | 7:54 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) Global investment firm Blackstone has consolidated its 16 logistics and warehousing assets across India, having an enterprise value of USD 900 million, under Horizon Industrial Parks. Blackstone said in a statement on Friday it has appointed Rahul Pandit as chief executive officer of Horizon Industrial Parks. The company has so [...]
by PTI News | Jan 28, 2022 | 7:41 pm | Corporate Action, IPO, News
New Delhi, Jan 28 (PTI) The initial public offer of edible oil major Adani Wilmar Limited received 1.13 times subscription on the second day of offering on Friday.The IPO received bids for 13,85,77,270 shares against 12,25,46,150 shares on offer, according to an update on BSE.The category for Retail Individual Investors (RIIs) was subscribed 1.85 times, [...]
by PTI News | Jan 28, 2022 | 7:41 pm | Commodities, Company Results, Corporate Action, Economy, News
Mumbai, Jan 28 (PTI) Warning that any sudden and sharp fiscal consolidation steps can throttle the nascent and uneven recovery of the Indian economy, a Wall Street brokerage has said the Budget should instead focus on boosting overall demand, from rural consumption in particular, and invest more in infrastructure. The successive waves of the pandemic [...]
by PTI News | Jan 28, 2022 | 7:27 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) Social media giant Meta on Friday said it has, under its #SheMeansBusiness programme, partnered with industry body FICCI to support five lakh women-led small businesses across India. The announcement was made during Meta's inaugural National Women Entrepreneurship Summit to encourage industry dialogue and steps to support the micro, small and [...]
by PTI News | Jan 28, 2022 | 6:58 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) A joint venture of billionaire Gautam Adani-run group's gas arm and Total of France on Friday walked away with the most 14 licenses to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, according to oil regulator PNGRB. Adani Total Gas Ltd [...]
by PTI News | Jan 28, 2022 | 6:46 pm | Corporate Action, News
Chennai, Jan 28 (PTI) Healthcare entrepreneur and chairman of Trivitron Group of Companies G S K Velu was reappointed as the chairman of Tamil Nadu State Council, FICCI here on Friday. Indira Projects Group of Companies Chairman and Director Bhupesh Nagarajan was appointed as co-chairman, a press release from the Federation of Indian Chambers of [...]
by PTI News | Jan 28, 2022 | 6:45 pm | Corporate Action, News
Mumbai, Jan 28 (PTI) Global private equity major Blackstone, which has USD 20 billion worth realty assets under management in India, has launched a logistics platform Horizon Industrial Parks. Horizon Industrial Parks is a portfolio of logistics parks owned and managed by Blackstone Real Estate Fund and will support its rapidly expanding logistics footprint in [...]
by PTI News | Jan 28, 2022 | 6:42 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) Power solutions provider PTC India on Friday said its board has directed its risk management committee to look into corporate governance issues at PTC India Financial Services (PFS), which was rocked by resignations of three independent directors earlier this month. The three independent directors -- Kamlesh Shivji Vikamsey, Santosh B [...]
