Rainbow Children's Medicare’s initial public offering (IPO) has hit the primary market today and will remain open for bidders till 29th May 2022. The price band of the IPO is fixed at ₹516 to ₹542 and is a ₹1595 crore public issue. Rainbow Children’s Medicare Limited is a leading multi-speciality pediatric, obstetrics and gynaecology hospital [...]
New Delhi, Apr 27 (PTI) Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission for the proposed deal. AirAsia India is majority-owned by Tata Sons Private Ltd with a shareholding of 83.67 per cent and the remaining stake is with AirAsia Investment Ltd (AAIL), [...]
Bangalore, Karnataka, India (NewsVoir) Bangalore Watch Company™, an Indian luxury watch brand has launched a limited edition watch collection celebrating the Golden Jubilee of the 1971 Indian Air Force operations in the Liberation of Bangladesh. “We’re making luxury watches in India with each collection having a backstory from India. We launched the MACH 1 collection [...]
Entries open for invention by young minds that solves a problem • For budding inventors, get ideas off the ground - submit to the James Dyson Award • Global winner's prize money up to £30,000 (approx. INR 30 lakh) and National winners will now receive £5,000 (approx. INR 5 lakh) • Visit www.jamesdysonaward.org to find [...]
Mumbai, Maharashtra, India (NewsVoir) India’s leading law firm, Cyril Amarchand Mangaldas (CAM) is proud to announce continued growth of the firm with the promotion of 22 lawyers to its partnership. The promotions are effective as of May 1, 2022. With this induction, the Firm’s partnership worldwide strength now stands at 160 partners. The partners, inducted [...]
New Delhi, Apr 27 (PTI) NTPC has collaborated with Swiss firm Energy Vault for deployment of gravity-based energy storage technology and software solutions based on the outcome of a joint feasibility study. NTPC has signed a Memorandum of Understanding (MoU) with Energy Vault Holdings, Inc (Energy Vault) in this regard, a statement said. The objective [...]
Easy Trip Planners Limited which offered its IPO in 2021, gave a return of 344.84% in the last year and 74.53% in the last six months. The company has a market cap of Rs 8,699.21 and operates in the Online Travel Service Provider Industry. Founded in 2008, Easy Trip Planners Ltd is an online travel [...]
Washington, Apr 27 (PTI) Finance Minister Nirmala Sitharaman on Tuesday assured investors that the government will address any possible pain points to encourage investments in the country. Addressing a roundtable on 'Investing in India's Digital Revolution' in San Francisco, the minister encouraged constant engagement with investors to understand and address their concerns. The Finance Minister [...]
Mumbai, Maharashtra, India – Business Wire India Board Infinity, an early career skilling & career transitions platform has grown over 4x in FY 22, and as a commitment to the ecosystem is observing the Grand Skilling Week starting April 21 to April 28. This comes as a great opportunity for students and early career professionals [...]
Shillong, Apr 26 (PTI) India and Bangladesh have jointly agreed to open two more border 'haats' in Meghalaya – Ryngku and Nalikata - next month, officials said on Tuesday. The number of such marketplaces will increase to four in the northeastern state when the two facilities will be made operational.Ryngku border 'haat' in East Khasi [...]
New Delhi, Apr 26 (PTI) Tata Motors has emerged as the lowest bidder in the mega tender for 5,450 electric buses floated by Convergence Energy Services Ltd (CESL) under the remodelled FAME II scheme, the government said on Tuesday. Discovered prices of the Grand Challenge tender are between 15 per cent and 48 per cent [...]
Jaipur, Apr 26 (PTI) Rajasthan chief minister Ashok Gehlot on Tuesday wrote a letter to Union highway minister Nitin Gadkari, seeking better road connectivity to Bharatpur which houses a popular bird sanctuary. Besides demanding an extension of the road connecting Paniyala Mod and Delhi-Mumbai Expressway up to Bharatpur, Gehlot asked the highway ministry to declare [...]
New Delhi, Apr 26 (PTI) Aditya Birla Sun Life AMC on Tuesday reported a one per cent growth in profit after tax at Rs 158.5 crore in the three months ended March 2022. In comparison, the company had posted a Profit After Tax (PAT) of Rs 156.7 crore in the year-ago period, according to a [...]
New Delhi, Apr 26 (PTI) State-run Convergence Energy Services Ltd (CESL) has discovered the lowest prices, which are even at par or close to operational cost of diesel buses, for hiring 5,450 electric buses across five major cities, the power ministry said on Tuesday. The CESL in January had issued the Grand Challenge tender comprising [...]
New Delhi, Apr 26 (PTI) The Department of Empowerment of Persons with Disabilities (DEPwD) and e-commerce firm Flipkart have signed a tripartite Memorandum of Understanding (MoU) to jointly provide skill training and employment opportunities for persons with disabilities. In a statement, the Social Justice Ministry said it also envisages mobilisation of persons with disabilities for [...]
New Delhi, Apr 26 (PTI) The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Amazon's plea challenging the decision of regulator CCI to suspend approval for the e-commerce major's deal with Future Coupons. In December last year, Competition Commission of India (CCI) suspended the approval given by it in 2019 for Amazon's [...]
New Delhi, Apr 26 (PTI) Multi-speciality pediatric hospital chain Rainbow Children's Medicare Ltd on Tuesday said it has garnered nearly Rs 470 crore from anchor investors ahead of its initial public offering (IPO). The company has decided to allocate a total of 8,663,404 equity shares to anchor investors at Rs 542 apiece, taking the transaction [...]
New Delhi, Apr 26 (PTI) The CBDT has issued fresh directions for the functioning of the 2015 constituted Income Tax department's regional or local committees of officers to deal with grievances of tax payers who have been served with "high-pitched" assessments during scrutiny.The new guidelines for the functioning of these committees, according to a CBDT [...]
Beer maker United Breweries Ltd, controlled by Dutch multinational company Heineken NV, on Tuesday, reported a 67.92 per cent increase in its consolidated net profit to Rs 163.78 crore for the fourth quarter ended March 2022, led by a volume-based growth. The company had posted a net profit of Rs 97.53 crore during the January-March [...]
New Delhi, Apr 26 (PTI) The maximum all India power demand met or the highest supply in a day crossed the record level of 201 GW mark showing spurt on Tuesday amid sweltering heat in large parts of the country. "The maximum All India power demand met is 201.066 GW at 14:51 hours today," a [...]
