Sunday , 5 December 2021
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BUSINESS

First of its kind public road with Paver Blocks made by Hindustan Zinc’s Sakhi Women opens for community

In true Aatmanirbhar’ spirit, the paver blocks used at Kaladwas, Rajasthan road were manufactured locally at Hindustan Zinc’s paver block unit Hindustan Zinc launched a unique business model that effectively repurposes process waste to wealth Paver block unit has an all-woman workforce, offering a unique livelihood opportunity and a right market linkage to the tribal women from Karget village Udaipur : ... Read More »

“STAMINA DECIDES YOUR GAME, NOT YOUR GENDER”: Dhoni gives young girls a Boost to play Cricket

Udaipur : Boost, one of India’s most trusted health food drink brands, today launched a new campaign aimed to break stereotypes around girls and cricket. The new Boost campaign aims to highlight the perceptions that shape girls while playing sports, cricket in particular, and encourage them to play the sport they love. Despite showcasing winning performances across sporting events, girls in sports ... Read More »

TVS Srichakra forays into Indonesian market with Eurogrip range of tyres

TVS Srichakra has forayed into the Indonesian market, with the Eurogrip range of tyres, in its bid to strategically build a strong presence in the Southeast Asian nation. The first product line to be launched is ‘Eurogrip Bee City’ – a range of two-wheeler tyres completely customized to suit the needs of Indonesian riders’ urban lifestyle and road conditions. These ... Read More »

Axis Mutual Fund launches ‘Axis Consumption ETF’

Udaipur : Axis Mutual Fund, one of the fastest-growing fund houses in India, today announced the launch of their new fund– ‘Axis Consumption ETF’. The new fund offers (NFO), which will open on Monday, August 30, will allow exposure to the consumption theme in a neatly packed bite sized exchange traded fund. The new fund offers long-term wealth creation solutionsand targets ... Read More »

IDFC First Bank trades in green on the bourses

IDFC First Bank is currently trading at Rs. 43.60, up by 0.15 points or 0.35% from its previous closing of Rs. 43.45 on the BSE. The scrip opened at Rs. 43.50 and has touched a high and low of Rs. 43.70 and Rs. 43.00 respectively. So far 973959 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

ONGC jumps on eyeing offshore wind energy projects

Oil & Natural Gas Corporation is currently trading at Rs. 120.25, up by 0.15 points or 0.12% from its previous closing of Rs. 120.10 on the BSE. The scrip opened at Rs. 120.15 and has touched a high and low of Rs. 120.70 and Rs. 119.00 respectively. So far 192199 shares were traded on the counter. The BSE group ‘A’ ... Read More »

TVS Motor gains on launching TVS ‘Built To Order’ platform

TVS Motor Company is currently trading at Rs. 527.00, up by 7.15 points or 1.38% from its previous closing of Rs. 519.85 on the BSE. The scrip opened at Rs. 536.00 and has touched a high and low of Rs. 539.00 and Rs. 523.65 respectively. So far 24790 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

Parsvnath Developers’ arm constructing luxurious project in New Delhi

Parsvnath Developers’ wholly owned subsidiary company — Parsvnath Realcon ((PRPL) has been constructing and developing a luxurious project ‘Parsvnath Paramount’, situated at Suohash Nagar, New Delhi, with full of amenities. The said project consists of 5 towers including one separate Tower of EWS, having total 87 residential units in 4 towers and 45 units in EWS Tower. Parsvnath Developers has ... Read More »

Dalmia Bharat’s arm signs three MoUs to invest Rs 758 crore in Jharkhand

Dalmia Bharat’s wholly owned subsidiary –Dalmia Cement (Bharat) has signed three Memorandum of Understandings (MoUs) with the Government of Jharkhand to invest Rs 758 crore in the state. Dalmia Cement will invest Rs 500 crore in its manufacturing unit at Jharkhand Industrial Area Development Authority Bokaro. In addition to expanding its existing capacity of 3.7Mnt through debottlenecking, the company plans ... Read More »

Hero motoCorp revs up its premium motorcycle portfolio in Bangladesh

Building on its robust portfolio of premium products in the country, Hero MotoCorp is all set to excite the customers in Bangladesh with its latest motorcycle – the Hero Hunk 150R. Developed especially for the Bangladesh market, the premium Hunk 150R delivers an unparalleled experience with its new-age experience and riding style. The bike offers best- in-class single-channel ABS and ... Read More »

GOCL Corporation sells 44.25 acres land Kukatpally, Hyderabad

GOCL Corporation has entered into an agreement dated August 27,2021 with Squarespace Infra City Private for sale of 44.25 acres land at Kukatpally, Hyderabad subject to requisite approvals, for a consideration of Rs.451.79 crore. The Company has received a payment of 100% of the consideration on execution of an Agreement. The transaction is expected to be completed in 3 to ... Read More »

Vivo Bio Tech gains getting contract from Biological E

Vivo Bio Tech is currently trading at Rs. 98.00, up by 11.05 points or 12.71% from its previous closing of Rs. 86.95 on the BSE. The scrip opened at Rs. 99.70 and has touched a high and low of Rs. 99.70 and Rs. 96.30 respectively. So far 27330 shares were traded on the counter. The BSE group ‘X’ stock of ... Read More »

Bharti Airtel board approves up to Rs 21,000 crore rights issue

New Delhi : Telecom operator Bharti Airtel”s board on Sunday approved up to Rs 21,000 crore rights issue, according to a regulatory filing. The Board, which met to consider the company”s capital raising plans, cleared rights issue price of Rs 535 per fully paid-up equity share, including a premium of Rs 530 per equity share. In a BSE filing, Airtel ... Read More »

Goldman Sachs, J P Morgan Chase among 10 merchant bankers to manage LIC IPO

New Delhi : The government has shortlisted 10 merchant bankers, including Goldman Sachs Group Inc., J P Morgan Chase & Co, and ICICI Securities, to manage the mega initial public offering (IPO) of the country”s largest life insurer LIC. As many as 16 domestic and international firms had made presentations before the Department of Investment and Public Asset Management (DIPAM) ... Read More »

ICICI Pru AMC announces Closure of AMC OPAT at Ahmedabad

ICICI Prudential Asset Management Company (AMC) has announced changes in Scheme Information Document (SID)/Key Information Memorandum (KIM) of the Schemes of ICICI Prudential Mutual Fund (the Fund). ICICI Prudential Asset Management Company (AMC) has announced that the AMC is closing its Official Point of Acceptance of Transactions (OPAT) at Ground Floor, Unit No. A-6, Goyal Palladium, Corporate Road, Prahladnagar, Ahmedabad-380015 ... Read More »

Aurobindo Pharma’s arm receives USFDA’s approval for Cyclophosphamide Injection

Aurobindo Pharma’s subsidiary — Eugia Pharma Specialities (Eugia) has received a 505(b)(2) NDA approval from the U.S.Food & Drug Administration (USFDA) for its Cyclophosphamide Injection 500 mg/2.5 mL and 1 g/5 mL vials. Aurobindo’s product will be available in ready-to-use (RTU) injection preparation. The product shall be launched in the US market in the near term and will be manufactured ... Read More »

ADF Foods’ arm to further strengthen US distribution network

ADF Foods’ Wholly Owned Subsidiary—ADF Holdings (USA) is planning to make an investment upto $5 million, which would entail asset purchase and setting up of a step down subsidiary in the United States. ADF Holdings (USA) will have a 70% stake in the share capital of the proposed Step Down Subsidiary. The proposed subsidiary will be a distribution company and ... Read More »

Infosys’ arm bags contract from Manitoba Public Insurance

Infosys’ subsidiary—Infosys Public Services Inc (IPS) has been awarded a contract by Manitoba Public Insurance (MPI) to digitise driver licensing, vehicle registration, and International Registration Plan (IRP) services for over 900,000 Manitobans. Infosys has partnered with Celtic Systems – a leading DMV solutions provider – to implement the Infosys Celtic Vehicle and Licensing Solution, built on Celtic’s portfolio of products ... Read More »

Allied Digital Services touches roof on the bourses

Allied Digital Services is currently trading at its upper circuit limit of Rs. 72.30, up by 6.55 points or 9.96% from its previous closing of Rs. 65.75 on the BSE. The scrip opened at Rs. 70.00 and has touched a high and low of Rs. 72.30 and Rs. 68.50 respectively. So far 676690 shares were traded on the counter. The ... Read More »

Indian Hotels Company’s Taj Mahal introduces luxury residences in New Delhi

Indian Hotels Company’s (IHCL) the iconic Taj Mahal, New Delhi has unveiled Luxury Residences – a home in the heart of the capital, featuring one and two bedroom elegantly appointed Residences with contemporary facilities and personalised services that the hotel is world renowned for. Offering stunning views of the Capital’s skyline, the design reflects the city’s rich heritage, Sir Edwin ... Read More »

Kotak Mahindra Bank’s arm launches three new ‘Ace Portfolios’ for retail investors

Kotak Mahindra Bank’s subsidiary — Kotak Securities (KSL) has launched three new ‘Ace Portfolios’- a collection of curated ‘smallcase’ portfolios for retail investors. In addition to the existing ‘smallcase’ strategies available on the Kotak Securities investment platform, investors can now invest more intelligently through the three new ‘Ace Portfolios’. ‘Smallcases’ are portfolios of stocks and ETFs based on specific themes ... Read More »

IDFC Mutual Fund files offer document for Multi Cap Fund

IDFC Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named IDFC Multi Cap Fund‘. The New Fund Offer price Rs 10. Entry load will be nil and Exit load will be If redeemed/switched out within 1 year from the date of allotment will be 1% of applicable NAV; If redeemed/switched out after 1 year ... Read More »

Kotak Mahindra Mutual Fund introduces FMP Series 293-1826 days

Kotak Mahindra Mutual Fund (MF) has launched the Kotak FMP Series 293-1826 days, close ended debt scheme. The NFO opens for subscription on August 26, 2021, and closes on September 01, 2021. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5, 000 and in multiples of Rs. 10 for purchase ... Read More »

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