by PTI News | Jan 4, 2022 | 2:28 pm | Corporate Action, News
New Delhi, Jan 4 (PTI) NERL, a subsidiary of agri-commodity bourse NCDEX, on Tuesday said it has facilitated loans worth more than Rs 2,000 crore against electronic Negotiable Warehouse Receipts (eNWRs) since March 2018. Of which, about Rs 87 crore loans have been disbursed against eNWR to accounts of farmer and farmer producer organisations (FPOs) [...]
by PTI News | Jan 4, 2022 | 2:18 pm | Corporate Action, News
Mumbai, Jan 4 (PTI) Japanese car maker Toyota's luxury car arm, Lexus, on Tuesday announced the appointment of auto industry veteran Naveen Soni as the President of Lexus India with effect from January 1. Soni succeeds P B Venugopal, who will be moving to a new leadership role at Toyota Kirloskar Motor (TKM), India. Mazakasu [...]
by PTI News | Jan 4, 2022 | 1:51 pm | Corporate Action, News
Mumbai, Jan 4 (PTI) Merchants-focused payments solutions provider Innoviti Payment Solutions has raised Rs 80 crore in the first close of a series-D funding round led by Trifecta Debt Fund. The funding, a mix of debt and equity, also saw participation from existing investors Bessemer Venture Partners of the US and Patni Advisors. The other [...]
by PTI News | Jan 4, 2022 | 1:39 pm | Corporate Action, News
New Delhi, Jan 4 (PTI) Amp Energy India on Tuesday said it has commissioned a 30 MW solar power project for Bosch Ltd. The solar project capacity would be provided from Amp Energy India’s open access facility in Raichur district of Karnataka. This is Amp’s third open access project in Karnataka, it said in a [...]
by PTI News | Jan 4, 2022 | 12:05 pm | Corporate Action, News
New Delhi, Jan 4 (PTI) Drug firm Granules India on Tuesday announced the appointment of KVS Ram Rao as Joint Managing Director and Chief Executive Officer (CEO) of the company with effect from January 5, 2022. Rao has over two decades of experience in pharmaceutical and chemical industries. "During the past few years, we have [...]
by PTI News | Jan 4, 2022 | 11:53 am | Corporate Action, News
New Delhi, Jan 4 (PTI) Alembic Pharmaceuticals on Tuesday said it has received approval from the US health regulator to market Doxycycline Hyclate delayed-release tablets, used to treat drug resistant bacterial infections, in the American market. The company has received approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application [...]
by PTI News | Jan 4, 2022 | 10:28 am | Corporate Action, News
New Delhi, Jan 4 (PTI) Moody's Investors Service on Tuesday assigned a Baa2 rating to the proposed USD-denominated senior unsecured bonds of Reliance Industries Limited (RIL), with stable outlook. Reliance last week said it will raise as much as USD 5 billion in foreign currency denominated bonds and use the proceeds to retire existing borrowings. [...]
by PTI News | Jan 3, 2022 | 9:55 pm | Corporate Action, News
New Delhi, Jan 3 (PTI) Bajaj Electricals Ltd on Monday said it is going for a permanent closure of its manufacturing unit located at Shikohabad in Uttar Pradesh. "The board of directors of the company at its meeting held today, i.e. on Monday, January 3, 2022, has considered and approved the proposal for permanent closure of operations at the [...]
by PTI News | Jan 3, 2022 | 9:12 pm | Corporate Action, News
New Delhi, Jan 3 (PTI) Future Retail Ltd (FRL), along with its promoters, has approached the High Court of Delhi against the orders passed by the Singapore International Arbitration Centre (SIAC) last week related to the Future-Reliance deal. The Singapore tribunal had on December 30 refused to consider the Future group's request for terminating the [...]
by PTI News | Jan 3, 2022 | 8:50 pm | Corporate Action, News
New Delhi, Jan 3 (PTI) Regulator Irdai on Monday proposed to modify the guidelines on remuneration of non-executive directors, managing directors, CEOs and whole-time directors of private insurance companies with a view to check excessive risk taking behaviour of top executives. As per the proposed guidelines, the remuneration of chief executive, managing directors and whole [...]
