by PTI News | Jan 28, 2022 | 2:40 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) Capital markets regulator Sebi will auction properties of Ramel Industries for a total reserve price of Rs 19 crore on February 24 in order to recover money raised by the company from public through illicit schemes. The properties to go under the hammer include land parcels, agricultural land, office premises and [...]
by PTI News | Jan 28, 2022 | 2:00 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) The Piramal Group on Friday said it is planning to move the Supreme Court to appeal against an order by insolvency appellate tribunal NCLAT, which sent back its winning bid for DHFL to the debt-laden finance company's lenders for reconsidering the valuation. Piramal Capital & Housing Finance Ltd in a [...]
by PTI News | Jan 28, 2022 | 1:09 pm | Corporate Action, News
New Delhi, Jan 28 (PTI) Kia India on Friday said it has appointed MyungSik Sohn as Chief Sales Officer with immediate effect. In his new role, Sohn will oversee the planning and execution of sales strategies aimed at driving the automaker's growth. He will also collaborate with Kia India's current leadership to expand the brand's [...]
by PTI News | Jan 28, 2022 | 12:57 pm | Corporate Action, News
GURGAON, India and SAN FRANCISCO, Jan. 28, 2022 /PRNewswire/ -- Engineering Analytics platform, Hatica has emerged from stealth with a $900,000 pre-seed funding, led by Kae Capital and followed by Titan Capital, iSeed Ventures, and angel investor GBS Bindra (CEO of Charmboard). Hatica was founded by former Uber engineers Naomi Chopra and Haritabh Singh, who [...]
by PTI News | Jan 28, 2022 | 11:17 am | Corporate Action, News
New Delhi, Jan 28 (PTI) Glenmark Pharmaceuticals on Friday said its US-based unit has received approval from the US health regulator to market Metronidazole Vaginal gel, in the American market. The drug firm has received final approval by the United States Food & Drug Administration (USFDA) for its product which is a generic version of [...]
by PTI News | Jan 28, 2022 | 9:58 am | Corporate Action, News
Chennai, Tamil Nadu, India (NewsVoir) TVS Motor Company today announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe through a portfolio of premium and technology leading brands, including Norton Motorcycles and EGO Movement, which were recently acquired. SEMG is [...]
by PTI News | Jan 28, 2022 | 6:08 am | Corporate Action, News
Washington, Jan 28 (PTI) US-India Business Council, a top American corporate body, has congratulated the Tata group for regaining the management and control of Air India airlines and commended Prime Minister Narendra Modi government for its asset monetisation programme.The Tata Group on Thursday regained control of Air India, 69 years after the Mumbai-based conglomerate relinquished [...]
by PTI News | Jan 27, 2022 | 10:25 pm | Corporate Action, News
New Delhi, Jan 27 (PTI) Telecom operators will have to provide recharge plans with a validity of 30 days for pre-paid customers, regulator Trai said on Thursday. The move is expected to reduce the number of recharges done by a customer during a year. At present, telecom operators provide recharge plans with a validity of [...]
by PTI News | Jan 27, 2022 | 10:02 pm | Corporate Action, News
Mumbai, Jan 27 (PTI) Fintech company Kissht on Thursday said it has raised Rs 100 crore in a funding round led by Trifecta Capital and Northern Arc. In the current round, Trifecta and Nothern Arc have each subscribed to Rs 50 crore of non-convertible debentures (NCDs), according to a statement. The company has so far [...]
by PTI News | Jan 27, 2022 | 9:00 pm | Corporate Action, News
New Delhi, Jan 27 (PTI) Capital markets regulator Sebi on Thursday said Special Situation Funds (SSFs) will invest only in stressed assets and have a minimum corpus of Rs 100 crore. The new framework will come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in a [...]
