Dharmaj Crop Guard IPO Opens Today
The initial public offering of Ahmedabad based agrochemical company Dharmaj Crop Guard has opened for public subscription on Monday, 28 November 2022.The IPO will remain open for public subscription for three days and will conclude on Wednesday, 30 November 2022. Investors can bid for a minimum of 60 shares and multiples of 60 equity shares …
Naveen Gupta kicks Off Another Inning As New Vice President Of Zoomcar
Zoomcar has announced the appointment of Naveen Gupta as their Vice President and Country Head for India. In his new role, Gupta will be responsible for all aspects of growth, operations and customer experience for the company in the country. According to the company’s statement, Gupta has over eleven years of experience in the automotive & …
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Indian Rupee Slips Against US Dollar
The Indian rupee depreciated six paise to 81.77 against the US dollar in early trade on Monday, tracking a lacklustre trend in the Indian equity markets and a firm American currency overseas. However, lower crude prices in the international market and fresh foreign fund inflows restrict the rupee’s fall, forex dealers say. At the Indian …
RBI Asks Paytm To Reapply For Payment Aggregator
RBI told Paytm Payments Services Ltd, a 100% subsidiary of One 97 Communications, to reapply after getting the necessary approvals for foreign direct investment in the company to comply with existing rules, the company said in a notification to stock exchanges on Saturday, 26 November 2022. A payment aggregator provides payment services to merchants and …
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Gautam Adani: A “Duty” To Take Over NDTV
The wealthiest billionaire in Asia, Gautam Adani, has stated that he views buying the news channel NDTV as a “duty” rather than a commercial opportunity. The Gujarat-based entrepreneur dispelled worries that the attempt to buy the television channel run by Prannoy Roy would undermine press freedom in an interview with the media. Adani stated that …
“Chalta Hai” Won’t Be Tolerated: Air India Airlines Crew
A new set of grooming guidelines for its crew members has been published by Air India. In an effort to change its “Chalta Hai” workplace culture, the Tata-owned airline has created a list of grooming standards for both male and female employees. All crew members are required to abide by the uniform and appearance guidelines …
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PNB Gets Nod To Divest UTI Stake
The Punjab National Bank has received the government’s approval from the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India to divest its entire stake in UTI Asset Management Company as part of its non core asset sale plan to shore up its capital base. “The Exchange is hereby informed …
Beanly, innovative coffee brand raises seed round from marquee investors
Beanly, an early stage consumer brand in the coffee space and an early stage D2C startup known for innovations in the coffee category closed their seed investment from a clutch of angel investors who are marquee names in their fields. Founded by Rahul Jain and Samayesh Khanna, Beanly has the vision of making quality coffee …
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Tata To Tag Water In TCPL
The chairman of Bisleri International Pvt. Ltd., Ramesh Chauhan, Today on 24 November 2022 said he is scouting for a buyer for his business Bisleri International and is in talks with several, including Tata Consumer Products Ltd. When asked if he is selling his Bisleri Business, Ramesh Chauhan answered in the affirmative. “Yes. We are,” …
A Big Lump Relief For Steel And Iron Industries: Zero Export Duty Charges
Beginning on Saturday, the government will no longer charge an export duty on steel and iron ore. This year in May, duty was imposed. Export duties will not apply to iron ore lumps and fines with “less than 58 percent Fe,” according to a statement from the Finance Ministry late on Friday. The rate of …
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