News Overview

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 […]

Capri Global Capital plans to enter the gold loan business The company will launch this business in the first half of the FY 2023 The company aims to build a gold book size of Rs 8000 crore and expand its network with 1500 branch locations over the next five years

Shriram Transport Finance Company has allotted 3500 senior secured rated listed redeemable Non-convertible debentures NCD of face value of Rs1000000 each aggregating Rs 350 crore on private placement basis on 21 February 2022

The Sistema Group company Binnopharm Group one of the leading pharmaceutical production companies in Russia via its affiliate Joint Stock Company Alium and Dr Reddys Laboratories today announced the signing of a deal that will allow Binnopharm Group to acquire anti-bacterial medicines under the Ciprolet and Levolet brands from Dr Reddys in Russia Uzbekistan and Belarus The portfolio includes various dosage forms such as tablets […]

Intellect Global Transaction Banking iGTB today launched iColumbusai named after the pioneer whose discoveries eventually opened up the world to truly global international trade iColumbusai is on a mission to disrupt the way that trade business is conducted today helping banks differentiate themselves through digitalisation enhance operational resilience and champion sustainability iColumbusai is an Artificial Intelligence powerhouse for trade finance enabling the extraction validation remediation […]

Snowman Logistics has completed the construction of a temperature controlled warehouse at Coimbatore and the facility has become operational during February 2022 The total capacity of the facility is 4020 Pallets It is a multi-temperature facility designed to store products ranging from ambient temperature to -25 Deg Centigrade with 8 chambers 6 loading bays with related infrastructure that includes G5 racking system modern handling equipment […]

The board of Magellanic Cloud at its meeting held on 21 February 2022 has approved to increase the authorised share capital of the company from Rs 30 crore to Rs 55 crore The board also approved for increasing the Foreign Direct Investment limits as per RBI guidelines

Saven Technologies will hold a meeting of the Board of Directors of the Company on 1 March 2022

Vedanta has notified the Management Committee DGH and Ministry of Petroleum and Natural Gas on 21 February 2022 of an Oil Discovery named Durga in its exploratory well WM-Basal DD Fan-1 drilled in OALP Block RJ-ONHP-20171 in Barmer District of Rajasthan The approval of Management Committee has also been sought The Block was awarded to the Company in October 2018 and is one of the […]

Ion Exchange India has received approval from National Stock Exchange NSE for listing of its 14666659 equity shares on the main board of NSE Accordingly the equity shares of the Company will be traded on NSE from the trading hours of 22 February 2022 and the designated symbol shall be IONEXCHANG