• Co–Founder Sam Santhosh steps down as Chairman and Group CEO; will remain on Board of Directors • Co–founder Mahesh Pratapneni appointed Group CEO • Dr. Felix Olale appointed Chairman of the Board BENGALURU, India, March 24, 2022 /PRNewswire/ -- MedGenome, South Asia's leading genomics research and diagnostics company, today announced that Sam Santhosh, co–founder [...]
Mumbai, Maharashtra, India – Business Wire India The Internationally Acclaimed Actor worked in 520+ Bollywood Movies, The Motivational Speaker, The Teacher, The Author, The Padma Shri & Padma Bhushan Awardee, Very Popular Evergreen Bollywood Filmstar - Anupam Kher is set to grace The Most Prestigious Corporate Award Ceremony Global Excellence Awards 2022 on 8th May [...]
Canada Pension Plan and Investment Board (CPPIB) on Thursday sold four crore shares of Kotak Mahindra Bank worth around Rs 6,800 crore through an open market transaction. According to bulk deal data on BSE, the investment board sold the shares at an average price of Rs 1,700.10 apiece. The deal is valued at about Rs [...]
Markets regulator Sebi on Thursday imposed a fine of Rs 5 lakh on Axis Bank for violation of merchant banker regulations. Axis Bank is registered as a merchant banker with the Securities and Exchange Board of India (Sebi). The regulator had conducted an examination of the debt capital market operations of Axis Bank during the [...]
Johannesburg, Mar 24 (PTI) South Africa on Thursday secured investment pledges of nearly USD 23 billion from international and domestic investors. The pledges were made at the concluding day of the fourth edition of the South Africa investment Conference hosted by President Cyril Ramaphosa. “Four years ago, we set ourselves an ambitious target of raising [...]
New Delhi, Mar 24 (PTI) Markets watchdog Sebi on Thursday said that recognised stock exchanges having a commodity derivative segment will be permitted to introduce options on commodity indices. The move is part of efforts to have more products in the commodity derivatives market. "The recognised stock exchanges with a commodity derivative segment, willing to [...]
New Delhi, Mar 24 (PTI) Public sector lender Punjab National Bank on Thursday said it has acquired nearly 6 per cent stake in public digital e-commerce platform ONDC for Rs 10 crore. Open Network for Digital Commerce (ONDC) is an initiative of the Ministry of Commerce and Industry to promote open networks for all aspects [...]
New Delhi, Mar 24 (PTI) Union Food Minister Piyush Goyal on Thursday assured that the Centre will procure excess stocks of raw rice from Telangana as per the quality specified by the Food Corporation of India. The assurance came from Goyal after a delegation of TRS leaders met Goyal in Parliament over the issue of [...]
New Delhi, Mar 24 (PTI) Ola co-founder Bhavish Aggarwal on Thursday expressed the hope to make India a global hub for electric vehicles and cell technology, with the company being selected for the government's production-linked incentive scheme for the manufacturing of advanced chemistry cell battery storage. The heavy industries ministry has named Ola Electric and [...]
New Delhi, Mar 24 (PTI) D2C ayurvedic brand The Ayurveda Company on Thursday announced raising USD 3 million (Rs 22.89 crore) from a host of investors, including Wipro Consumer Care Ventures. Rahul Gupta of Tricity Technologies and Harsh Gupta of School of Design & Entrepreneurship also participated in the funding round. "This will accelerate the [...]
New Delhi, Mar 24 (PTI) Buoyed by the government's PLI scheme, exports of mobile phones from India are expected to cross Rs 43,500 crore during the current financial year ending March 31, 2022, according to the industry body India Cellular and Electronics Association. ICEA said exports of mobile phones from India have already jumped about [...]
Jammu, Mar 24 (PTI) Lieutenant Governor Manoj Sinha on Thursday unveiled Rs 34,829 crore potential linked credit plan of National Bank for Agriculture and Rural Development (NABARD) for the union territory, officials said. Sinha said that credit plan will meet aspirations of the ural population, bridge gaps in rural infrastructure and strengthen co-operative credit systems [...]
New Delhi, Mar 24 (PTI) IT hardware company HP on Thursday said it will expand its portfolio of laserjet tank printers in India as the company looks to increase its marekt share. Sunish Raghavan, Senior Director of HP India, Printing Systems, said that the new printers launched by the company will compete in the 1.3 [...]
Mumbai, Mar 24 (PTI) Leading electric scooter maker Okinawa Autotech expects to net a fourth of its next year's annual sales target of 2 lakh units from the Okhi-90 scooter, which the company launched on Thursday. The company is expecting to sell 50,000 units of its newly-launched scooter model Okhi-90 by the next fiscal. It [...]
London, Mar 24 (PTI) UK Chancellor of the Exchequer Rishi Sunak on Thursday faced questions about the Russian presence of Infosys, the Indian software services company in which his wife Akshata Murty has a share. With reference to stringent sanctions being imposed on Russia, the Indian-origin finance minister who is the son-in-law of Infosys co-founder [...]
New Delhi, Mar 24 (PTI) Pawan Hans Ltd has signed agreements to lease six Sikorsky S-76D helicopters from The Milestone Aviation Group. The aircraft will support Pawan Hans' onshore and offshore helicopter operations in India and the company is contracted to operate two S-76D helicopters for ONGC. "In addition to the six helicopters, of which [...]
Hyderabad, Mar 24 (PTI): Civil Aviation Minister Jyotiraditya Scindia will on Friday address the ongoing 'Wings India 2022'--Asia’s largest event on civil aviation here. The four-day event with the theme "India@75: New Horizon for Aviation Industry" kicked off today at Begumpet Airport here and will conclude on March 27. Minister of State for Civil Aviation [...]
New Delhi, Mar 24 (PTI) Future Enterprises Ltd on Thursday said it has defaulted on payment of Rs 93.99 crore to Punjab National Bank and Canara Bank under the one-time restructuring (OTR) plan.The due date for payment of the amount was March 23, a regulatory filing by Future Enterprises Ltd (FEL) said."The Company was not [...]
New Delhi, Mar 24 (PTI) Shipping Minister Sarbananda Sonowal on Thursday said the government had given a big push to promote inland waterways and Assam received its first consignment of foodgrains from Patna via Bangladesh traversing a distance of 2,350 km through rivers Ganga and Brahmaputra.Responding to the discussion on the demand for grants of [...]
