MUMBAI, India, May 4, 2022 /PRNewswire/ -- WAAREE Energies Ltd., one of India's leading solar PV panel manufacturer, has completed the timely supply of poly 45 MW solar modules to KPI Global Infrastructure limited, one of the prominent solar project developers in Gujarat for their IPP and CPP power projects in Bharuch district. WAAREE has [...]
New Delhi, May 4 (PTI) Batteries and flashlights maker Eveready Industries India Ltd on Wednesday said its shareholders have approved the appointment of Suvamoy Saha as its Managing Director for a period of three years.Saha, erswhile Joint Managing Director of the company, was asked to assume the responsibilities as interim Managing Director after the resignations [...]
New Delhi, May 4 (PTI) The increase in death registration in 2020 compared to 2019 is not entirely due to Covid fatalities, Niti Aayog member VK Paul has said, asserting that "exorbitant" multiples of coronavirus deaths being published by some agencies with respect to India must stop.As an example, Paul, who is also the COVID-19 [...]
MUMBAI, MAY 4 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ). CURRENCY CODE TTBUY TTSEL BILLBUY TTSEL USD/INR 75.70 77.20 75.64 77.36 EUR/INR 79.03 81.80 78.97 81.96 GBP/INR 93.98 97.01 93.91 97.20 JPY/INR 57.84 59.69 57.79 [...]
Information and communication (ICT) solutions provider Black Box Limited has fixed 17 May 2022 as the record date for the purpose of a stock split. Each equity share having a face value of ₹10 will be split/ sub-divided into five fully paid-up equity shares having a face value of Rs.2 each. The Ex-Split date is [...]
New Delhi, May 4 (PTI) Leading online travel services firm MakeMyTrip on Wednesday said it has witnessed a nearly 150 per cent increase in bookings for super-luxury and premium hotels during the pandemic compared to the pre-pandemic period, as more Indian travellers seek elite travel experiences.One in every three Indian travellers searched and booked a [...]
New Delhi, May 4 (PTI) Eris Lifesciences on Wednesday said it has acquired Mumbai-based dermatology-focused domestic formulations company Oaknet Healthcare for Rs 650 crore. The acquisition will be completed by way of a share purchase agreement and accordingly Oaknet will become a wholly-owned subsidiary of Eris, the drug firm said in a statement. The deal [...]
Do you know how companies are listed on the Stock Market? Or have you ever wondered how companies offer shares to the public? Let us help you with the answer. It is done through an Initial Public Offering (IPO). Before you invest in an IPO, always keep in mind that investing in an IPO is [...]
BANGALORE, India, May 4, 2022 /PRNewswire/ -- Digital investing and trading platform, Upstox onboarded seasoned technologists Siddharth Patnaik and Sriram Krishnan as the Sr. Distinguished Engineer and VP of Information Security respectively, backed by Purple Quarter's driven efforts. The Bespoke CTO Search firm, in the past, facilitated the appointment of Thippesha Dyamappa as Upstox Chief [...]
Shares of Hero MotoCorp fell over 2 per cent in early trade on Wednesday, a day after the company said its consolidated profit after tax (PAT) declined by 30 per cent in the fourth quarter ended March 2022. The stock declined 2.27 per cent to Rs 2,430 on the BSE. At the NSE, it dipped [...]
New York, May 4 (PTI) IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve Bank of New York.The Federal Reserve Bank of New York on Monday announced that 60-year-old Krishna has been elected as a Class B director, "representing the public with due but [...]
PUNE, and KOLHAPUR, India, May 4, 2022 /PRNewswire/ -- Mr. Lakshmanan Subashchandra Bose, CEO, RENOM Energy Services Pvt. Ltd., was recently awarded 'India's Most Powerful Wind Leader' by Wind Insider 2022. The honour was conferred upon RENOM for being India's first and only Independent Service Provider (ISP) to manage wind turbines of all the five [...]
Washington, May 4 (PTI) The Biden administration has announced that certain categories of immigrants, including those seeking green cards and spouses of H-1B visa holders, would be permitted to use their expired work permits for an additional 18 months, offering a reprieve to thousands of Indians working in this country and prevent further disruption for [...]
MUMBAI, May 4 (PTI) Money Market Operations as on April 2, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume Weighted (One Leg) Average Rate RANGE A. Overnight Segment 4,55,953.51 3.75 2.00-5.70 I. Call Money 9,524.38 3.65 2.30-3.90 II. Triparty Repo 3,14,234.60 3.76 3.65-3.83 III. Market Repo 1,32,089.53 3.73 2.00-3.90 IV. Repo [...]
Hero MotoCorp on Tuesday said its consolidated profit after tax (PAT) declined by 30 per cent to Rs 621 crore for the fourth quarter ended March 2022 on account of lower sales. The country's largest two-wheeler maker had reported a PAT of Rs 885 crore in the January-March quarter of 2020-21 fiscal. Revenue from operations [...]
Copenhagen, May 3 (PTI) India had no role in exploiting the planet, but is at the forefront in the efforts to save it solely backed by efforts made by every person in the country, Prime Minister Narendra Modi said here on Tuesday. Addressing the Indian community here, the Prime Minister spoke extensively about the steps [...]
New Delhi, May 3 (PTI) Biotechnology major Biocon Biologics on Tuesday said Ireland's health regulator has reported some deficiencies in the manufacturing process at the company's plant in Bengaluru. The Health Products Regulatory Authority (HPRA), Ireland, conducted a GMP (Good Manufacturing Practice) inspection of one of Biocon Biologics' new monoclonal antibody drug substance manufacturing facilities [...]
New Delhi, May 3 (PTI) Plaza Wires Ltd has filed initial papers with Sebi to raise funds through an initial public offering. The IPO (Initial Public Offering) will have a fresh issue of 1,64,52,000 equity shares, according to the Draft Red Herring Prospectus (DRHP). The company may consider a pre-IPO placement of equity shares. If [...]
New Delhi, May 3 (PTI) Ahead of its initial public offering, insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale. The Initial Public Offering (IPO) of LIC opens for retail and institutional investors on Wednesday and will close on May 9. LIC has fixed [...]
