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Parksons Packaging acquires Manohar Packaging, India’s Leading Paper Board Packaging Manufacturer in the Premium Folding Carton Segment

Mumbai, November 29, 2021: Warburg Pincus backed Parksons Packaging Limited, India’s largest independent folding carton manufacturer, today announced the acquisition of Manohar Packaging, a leading producer of folding cartons with a strong foothold in the premium segments of Alcoholic Beverages and Confectionery. Manohar Packaging, founded in 1994, is one of India’s top producers of carton [...]

Shapoorji Pallonji’s housing platform Joyville to invest Rs 300 cr to build 750 apartments

New Delhi, Nov 29 (PTI) Shapoorji Pallonji's housing platform Joyville will invest around Rs 300 crore to develop new phases, comprising around 750 flats, at its three residential projects in Pune, Mumbai and Kolkata to encash rise in demand. Joyville, which is a Rs 1,240-crore platform established by business conglomerate Shapoorji Pallonji, ADB, IFC and Actis, [...]

Growing potential and delivering innovation; How PubMatic’s Pune based engineering team is driving global success

A Q&A with PubMatic’s Co-founder and President, Engineering at PubMatic – Mr. Mukul Kumar Who is PubMatic? PubMatic is a leading global advertising technology business. PubMatic’s mission is to fuel the endless potential of internet content creators. We do this by helping publishers to monetise their websites and apps via digital advertising. Sounds interesting, tell [...]

Bullish about India market opportunity, biz prospects from 5G deployments: STL MD

New Delhi, Nov 28 (PTI) Digital networks integrator Sterlite Technologies (STL) is bullish about the India market opportunity, including business prospects arising from upcoming 5G deployments, Ankit Agarwal, who recently took over as managing director of the company, said. Agarwal - who transitioned into the role of managing director last month amid top-level leadership changes [...]

Kamdhenu to list paints biz post demerger: CMD Satish Agarwal

New Delhi, Nov 28 (PTI) Buildings material maker Kamdhenu Group plans to list its paints entity on bourses following the completion of the demerger process, its Chairman and Managing Director (CMD) Satish Kumar Agarwal said. Kamdhenu is in the process of separating its steel and paints business with an aim to increase its reach and [...]

McDowell’s shareholders reject appointment of 3 directors

New Delhi, Nov 27 (PTI) Shareholders of McDowell Holdings have rejected the proposals to appoint two independent directors and a non-executive director for the company. Resolution for appointment of Sarvamangala Hadapada and Theerthesh B S as independent directors for a period of two years effective from October 22, 2020 and November 13, 2020, respectively could [...]

Vedantu announces buyback of ESOPs worth USD 3 million

New Delhi, Nov 26 (PTI) Online learning platform Vedantu on Friday announced an Employee Stock Ownership Plan (ESOP) liquidity programme worth USD 3 million (about Rs 22.4 crore). Under this programme, the top leadership and eligible active employees who have completed the vesting period will be able to liquidate their vested ESOP shares, according to [...]

Sebi asks RTAs, merchant bankers to disclose investor charter, complaint data on websites

New Delhi, Nov 26 (PTI) Markets regulator Sebi on Friday directed registrar and share transfer agents (RTAs) and merchant bankers to disclose investor charter as well as data pertaining to complaints they received on their websites.     The regulator has listed various categories for which investor charter needs to be disclosed by merchant bankers.     The [...]

Texmaco Rail & Engineering rights issue oversubscribed 1.35 times

Kolkata, Nov 26 (PTI) Texmaco Rail and Engineering Ltd has said its rights issue for an amount of up to Rs 164.51 crore was oversubscribed by about 1.35 times.The Kolkata-headquartered company, in an exchange filing, said the rights issue closed for subscription at 5 pm on Thursday.In October, Texmaco Rail and Engineering had said its [...]
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