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Goldman Sachs buys stake in this newly listed company!

Goldman Sachs buys stake in this newly listed company!

Goldman Sachs India Equity Portfolio acquired 41,32,211 equity shares in Paradeep Phosphates Limited via open market transactions at an average price of ₹45.95 per share. This amounts to an investment of 18.98 crores. As per a circular uploaded on BSE’s website, Goldman Sachs was among the anchor investors who invested in the shares of the [...]
Mercedes-Benz appoints Vyankatesh Kulkarni as Executive Director, Head of Operations

Mercedes-Benz appoints Vyankatesh Kulkarni as Executive Director, Head of Operations

Luxury carmaker Mercedes-Benz India on Monday said it has appointed Vyankatesh Kulkarni as the Executive Director and Head of Operations, effective June 1, 2022. Kulkarni will be responsible for the production and procurement-related functions, including the company's transformation journey into electrification, digitisation and technology-driven smart manufacturing prowess of the future. "Kulkarni has successfully handled many [...]