by PTI News | Dec 1, 2021 | 12:49 pm | Corporate Action, News
Mumbai, Dec 1 (PTI) Sumitomo Mitsui Financial Group Inc on Wednesday said it has completed the purchase of a 74.9 per cent stake in Fullerton India Credit Company from Fullerton Financial Holdings Pte Ltd. The transaction was done on November 30, 2021, a company release said. However, the company did not disclose the financial details [...]
by PTI News | Dec 1, 2021 | 11:24 am | Corporate Action, News
TROY, Mich. and CHENNAI, India, Dec. 1, 2021 /PRNewswire/ -- HTC Global Services today announced that its companies, including CareTech Solutions and Ciber Inc., are uniting under one name and one brand - HTC Global Services. As part of this effort, the company has adopted a new identity that embodies its renewed ambitions and aspirations. [...]
by PTI News | Dec 1, 2021 | 12:40 am | Corporate Action, News
Johannesburg, Nov 30 (PTI) South African president Cyril Ramaphosa has welcomed a breakthrough deal between the country's Aspen Pharmacare and pharmaceutical multinational Johnson & Johnson for Covid-19 vaccines being manufactured in South Africa for distribution to the African continent as part of efforts to end vaccine inequality.“The effectiveness of our response as the African continent [...]
by PTI News | Nov 30, 2021 | 9:54 pm | Corporate Action, News
New Delhi, Nov 30 (PTI) Docprime, a fully-owned subsidiary of PB Fintech, has made a further investment of over Rs 10.8 crore in healthcare and wellness services provider Visit Health (VHPL) for a minority stake. The board of directors of PB Fintech approved the proposal at a meeting held on Tuesday (November 30, 2021), the [...]
by PTI News | Nov 30, 2021 | 8:16 pm | Corporate Action, News
New Delhi, Nov 30 (PTI) Digital skills training platform Simplilearn on Tuesday said it has completed its maiden Employee Stock Option Plan (ESOP) buyback worth Rs 48.74 crore. The company had offered active employees to liquidate up to 25 per cent of their vested ESOPs as part of this buyback, a statement said. With this, [...]
by PTI News | Nov 30, 2021 | 7:55 pm | Corporate Action, News
New Delhi, Nov 30 (PTI) Ugro Capital on Tuesday said it has raised Rs 150 crore by issuing bonds on a private placement basis.The company's Investment and Borrowing Committee has approved the allotment of 150 protected market linked non-convertible debentures aggregating to Rs 150 crore on a private placement basis, according to a regulatory filing.The [...]
by PTI News | Nov 30, 2021 | 7:34 pm | Corporate Action, News
Mumbai, Nov 30 (PTI) Edelweiss Financial Services Limited (EFSL) on Tuesday said it is looking to raise up to Rs 500 crore through issuance of secured redeemable non-convertible debentures (NCDs).The base size of the issue is Rs 200 crore with an option to retain over-subscription up to Rs 300 crore, the company said in a [...]
by PTI News | Nov 30, 2021 | 6:41 pm | Corporate Action, News
Mumbai, Nov 30 (PTI) A day after superseding the board of Anil Ambani promoted Reliance Capital, the Reserve Bank on Tuesday appointed a three-member Advisory Committee to assist the newly appointed administrator of the crisis-ridden NBFC. The RBI had appointed Nageswara Rao Y, former executive director, Bank of Maharashtra, as the administrator. Now, the RBI [...]
by PTI News | Nov 30, 2021 | 6:16 pm | Corporate Action, News
New Delhi, Nov 30 (PTI) US-based food major Cargill on Tuesday said it has acquired an edible oil refinery in Nellore, Andhra Pradesh, for USD 35 million and it is likely to be fully operational by May 2022. "Cargill's USD 35-million investment to acquire and upgrade the facility will significantly expand its edible oil production [...]
by PTI News | Nov 30, 2021 | 4:59 pm | Company Results, Corporate Action, News
New Delhi, Nov 30 (PTI) Companies are bullish on their hiring plans this quarter on the back of easing of the pandemic-related restrictions and consequent e-commerce and retail sector performance, according to a report. According to TeamLease Services' Q3 hiring intent trends based on its platform data, the hiring intent for the October-December 2021 quarter [...]