Motilal Oswal’s Alternate to invest in Shapoorji Pallonji
Motilal Oswal’s alternative investment arm MO Alternates has announced an investment of Rs 450 crore in realty player Shapoorji Pallonji for two projects. The two projects are a commercial and a residential township. The commercial project, named SP Infocity and located near Manesar in Gurugram, is a partially completed, leased and operational project, while the …
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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
Foreign institutional investors were net buyers in the Indian capital markets on Friday, buying shares worth Rs3.69 billion
RBI Asks Paytm To Reapply For Payment Aggregator
Paytm rival PhonePe is also developing its payment gateway while it awaits RBI approval for a license
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
Punjab National Bank shares surged 8% to hit a 21-month high of Rs 54.90 per share in Friday's intraday trade
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 Indian bottled water market was valued at over USD 2.43 billion (around ₹19,315 crore) in FY2021
