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Business Wire India Recognize, a technology investment platform that is singularly focused on the technology services industry, announced today that Muthu Kumaran will join the firm as Operating Partner and head of India operations. Muthu expands Recognize’s ability to build best-in-class delivery and operations, and attract world class talent in support of Recognize portfolio companies. Recognize raised approximately $1.3 billion for its inaugural fund which […]

Coffee Day Enterprises announced that in connection with a loan of Rs.100 crore raised by a subsidiary company, the lender of the subsidiary company has filed a petition before the Principal Bench, National Company Law Tribunal, Bengaluru under Section 7 of Insolvency and Bankruptcy Code, 2016 for initiating Corporate Insolvency Resolution Process (CIRP) against the Company for Rs 122.50 crore. The Company has requested the […]

China left its main lending rates unchanged on Tuesday, as widely expected, after lowering the rates last month. The Peoples Bank of China retained its five-year loan prime rate, or LPR, the benchmark for mortgage rates, at 4.30 percent. The one-year loan prime rate was left unchanged at 3.65 percent after cutting it by 5 basis points in August. The LPR is fixed monthly based […]

As per the media reports, the West Bengal government has granted APSEZ a greenfield deep sea Tajpur port project for Rs25,000 crore.

Sastasundar Ventures Ltd, Salona Cotspin Ltd, Lancer Containers Lines Ltd and Mcleod Russel India Ltd are among the other gainers in the BSEs B group today, 20 September 2022.

The domestic equity barometers were currently at the days high in early afternoon trade. The Nifty hovered near the 17,900 mark. Realty shares witnessed some bit of bargain buying. At 12:29 IST, the barometer index, the S&P BSE Sensex, was up 870.17 points or 1.47% to 60,011.40. The Nifty 50 index added 267.85 points or 1.52% to 17,890.10. In the broader market, the S&P BSE […]

Earlier this year, the firm laid off around 1,000 people in order to focus on its ride-hailing and electric vehicle operations.

Ind-Ra has, therefore, taken a consolidated view of the merged entities and the two subsidiaries while arriving at APL’s ratings.

Crompton Greaves Consumer Electricals has allotted 1,13,975 equity shares of Rs 2 each on 20 September 2022 under ESOS . With this allotment, the paid-up capital of the Company has increased to Rs. 127,17,36,398/- divided into 63,58,68,199 number of equity shares of face value of Rs. 2/- each. Powered by Capital Market – Live News

Bombay Dyeing and Manufacturing Company spurted 6.12% to Rs 106.70 after the company said its board on 22 September 2022 will consider a proposal of raising funds by issuing equity shares on rights basis.