by PTI News | Nov 29, 2021 | 6:07 pm | Corporate Action, News
New Delhi, Nov 29 (PTI) Shares of Kotak Mahindra Bank on Monday gained nearly 3 per cent as insurance behemoth LIC will raise its stake in the private sector lender to nearly 10 per cent. The stock jumped 2.92 per cent to close at Rs 2,020.20 on the BSE. During the day, it gained 4.10 [...]
by PTI News | Nov 29, 2021 | 1:15 pm | Corporate Action, News
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 [...]
by PTI News | Nov 29, 2021 | 10:04 am | Corporate Action
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, [...]
by PTI News | Nov 29, 2021 | 10:02 am | Corporate Action
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 [...]
by PTI News | Nov 28, 2021 | 2:14 pm | Company Results, Corporate Action
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 [...]
by PTI News | Nov 28, 2021 | 10:35 am | Corporate Action
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 [...]
by PTI News | Nov 27, 2021 | 8:29 pm | Corporate Action
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 [...]
by PTI News | Nov 26, 2021 | 6:56 pm | Corporate Action
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 [...]
by PTI News | Nov 26, 2021 | 6:50 pm | Corporate Action, IPO
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 [...]
by PTI News | Nov 26, 2021 | 5:49 pm | Corporate Action, News
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 [...]