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The Phoenix Mills announced the execution of non]binding term sheet to acquire balance 50Percentage equity stake in Classic Mall Development Company CMDCL from Crest Ventures and Escort Developers a 100Percentage subsidiary of Crest Ventures PML currently owns 50Percentage in CMDCL and the balance 50Percentage is owned by Crest Ventures 4635Percentage and Escorts Developers 365Percentage; completion of the stake purchase will make CMDCL a subsidiary of […]

Bharti Airtel said it has joined the SEA-ME-WE-6 undersea cable consortium to scale up its high speed global network capacity to serve Indias fast growing digital economy The 19200 Rkm SEA-ME-WE-6 will connect Singapore and France and will be amongst the largest undersea cable systems globally Airtel is participating as a major investor in the SEA-ME-WE-6 and is anchoring 20Percentage of the overall investment in […]

Hinduja Global Solutions HGS today announced that its subsidiary HGS UK has been selected by the UK Health Security Agency UKHSA to provide critical customer support to UK citizens for an initial period of two years with an option to extend further The partnership is already underway having launched earlier last week and the contract could be worth up to 211 million Rs 2100 crore […]

Affle India announced that its wholly owned subsidiary Affle International has completed the acquisition of 2833Percentage shares of Appnext

Repco Home Finance announced the appointment of KSwaminathan DIN No 06485385 as an Additional Director in the capacity of Managing Director Chief Executive Officer of the company with effect from 21 February 2022

ICICI Bank has allotted 101202 equity shares of face value of 2 each on 21 February 2022 under the Employee Stock Option Scheme ESOS

Reliance Jio Infocomm will land the next generation multi-terabit India-Asia-Xpress IAX undersea cable system in Hulhumale Maldives The high capacity and high-speed IAX system will connect Hulhumale directly with Worlds major internet hubs in India and Singapore The IAX system originates in Mumbai in the west and connects directly to Singapore with branches including additional landings in India Malaysia and Thailand The India-Europe-Xpress IEX system […]

KIOCL announced that Ram Chandra Prasad Singh Minister of Steel Govt of India laid the foundation stone for coke oven plant on 20 February 2022 The proposed project is for setting up of 20 LTPA Ductile Iron Spun Pipe Plant under forward 180 LTPA Coke Oven Plant under backward integration projects at Blast Furnace Unit at a Capex of Rs 83690 crore and would take […]

BOB Financial Solutions BFSL a wholly owned subsidiary of Bank of Baroda BoB and Indian Railway Catering and Tourism Corporation IRCTC have come together to launch the IRCTC BoB RuPay Contactless Credit Card The card is specially curated to offer maximum savings to frequent railway travellers Users of this card will also get multiple benefits for shopping across other categories ranging from groceries to fuel […]

Gujarat Natural Resources will hold a meeting of the Board of Directors of the Company on 28 February 2022