Posts

GBMA Addresses Misinformation Surrounding Glue Boards and Appeals for Regulatory Clarity

By -
Image
Mumbai…October 15, 2024 …The Glue Board Manufacturers Association (GBMA), a coalition of glue board manufacturers and suppliers, hosted a press conference today to address the spread of misinformation about the use of glue boards for rodent control. The association emphasized the vital role that glue boards play in maintaining public health, food security, and the sustainability of various industries. They called upon authorities to reconsider recent circulars that have led to confusion and misinformation in the marketplace. The press conference was organized in response to a recent circular from the Animal Welfare Board of India (AWBI) that was sent to Chief Secretaries across all states and union territories, requesting action against the use of glue boards. GBMA clarified that this communication is a circular, not an official ban. However, several state Animal Husbandry Departments have issued similar internal advisories, which have been misconstrued in some media reports as a blank
Post a Comment
Read more

Sagility India Limited gets Sebi nod for IPO

By -
S agility India Limited, one of the largest technology-enabled, pure-play healthcare focused solutions and services provider to Payers, and Providers, has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). The Company had filed its IPO papers with Sebi on June 28, 2024. The IPO, with a face value of Rs 10 per equity share, is entirely an offer for sale of up to 984.46 million equity shares by Sagility B.V, the Promoter Selling Shareholder. The offer includes a reservation for subscription by eligible employees. Established in 2021, the Bengaluru based company provides technology-driven services to both Payers and Providers, covering core benefits administration and clinical services. These include claims management, payment integrity, clinical management, and more. For Providers, it offers revenue cycle management services to help with billing and treatment cost claims fr
Post a Comment
Read more

Senores Pharmaceuticals gets Sebi nod for IPO

By -
Ahmedabad-based Senores Pharmaceuticals Limited, a global research driven pharmaceutical company engaged in developing and manufacturing differentiated complex pharmaceutical products has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). The Company had filed its IPO papers with Sebi on July 26, 2024. The IPO, with a face value of ₹10 each, is a mix of fresh issuance of Rs 500 crore and an offer for sale of up to 8.5 lakh equity shares by Swapnil Jatinbhai Shah, up to 5.5 lakh equity shares by Ashokkumar Vijaysinh Barot, up to 3 lakh equity shares by Sangeeta Mukur Barot, up to 10 lakh by Prakash M Sanghvi. The offer also includes a reservation for a subscription by eligible employees. The proceeds from its fresh issuance to the extent of Rs 107 crore will be utilized for funding the capital expenditure requirements by investment in its Subsidiary, Havix, for setting up
Post a Comment
Read more

ISRO invites Tamboli Castings to participate in IAC 2024

By -
Image
Bhavnagar, Gujarat,  14 October :  Subsidiary of BSE Listed Tamboli Industries Limited, Tamboli Castings has received an invitation by Indian Space Research Organisation (ISRO) to participate in the prestigious 75th International Astronautical Congress (IAC) taking place from October 14th - 18th in Milan, Italy. It is one of the twenty companies participating from India and is the  sole representative from the casting and machining sector.   ISRO is a key contributor and a platinum sponsor to the event, representing a delegation of Indian companies in this congress.   IAC is organized by the International Astronautical Federation (IAF), a leading global space advocacy organization with over 513 members across 77 countries. This year's event is being hosted by the Italian Association of Aeronautics and Astronautics (A.I.D.A.A.) and expects industry leaders, innovators, and space technology enthusiasts to participate in large numbers.   Tamboli Castings manufactures mission critical
Post a Comment
Read more

Tata Soulfull Launches Tata Soulfull Corn Flakes+, With the Goodness of Millets in Every Flake

By -
Image
Mumbai-14 th  October 2024:   Tata So ulfull, a prominent brand from Tata Consumer Products , renowned for its ‘wholesome’ snacks and breakfast cereals, is excited to unveil its latest innovation: Tata Soulfull Corn Flakes+. This first of its kind   millet-powered   cornflakes is available in two delightful variants—Original* (available in 475g and 260g) and Honey Almond (available in 450g and 170g), tailored to suit the Indian palate. Recognizing the gap in the market for high-fibre cornflakes, Tata Soulfull has developed Corn Flakes+, a unique blend of Corn with Jowar in every flake. This innovative cereal offers a satisfying crunch while boosting the fibre content and remaining cholesterol free: A great choice for health-conscious Indian consumer. Tata Soulfull Corn Flakes+ redefines breakfast and snacking by merging taste and wholesome eating. The unique blend ensures that it maintains its delightful crunch even when enjoyed with warm milk, making it a perfect option for families s
Post a Comment
Read more

DMI Group Expands Leadership Team with Key Appointments

By -
Image
Monday, October 14, 2024 : : DMI Finance Private Limited  (“DMI Finance”),  the NBFC arm of the DMI Group ( “DMI” ), today announced the addition of two senior executives to its leadership team. The company has appointed Niraj Khandelwal as Group Chief Financial Officer ( “Group CFO” ), and Rachit Gupta as  Group Treasury Head , subject to requisite approvals, if any. These appointments further strengthen DMI’s strategic and operational capabilities as the company continues to expand in the financial services sector. As Group CFO for DMI, Niraj Khandelwal will oversee the seamless integration of strategy, policies, and technology across finance, accounting, and taxation functions, enabling the company to enhance its financial processes and controls in management reporting, financial accounting and taxation. Niraj brings over 26 years’ of extensive experience in banking and financial services, specializing in strategy and planning, budgeting, accounting, and financial analysis. Prior to
Post a Comment
Read more

Infrastructure renaissance to boost demand for premium offices in South Mumbai; Nariman Point set to reclaim its premier commercial hub status: Knight Frank India

By -
Image
South Mumbai projected to add 4-6 mn sq ft of mixed-use office space in the next 6-8 years  Nariman Point’s rents surged by 52% to INR 569 per sq ft from 2018 to H1 2024 Mumbai, October 10, 2024: Knight Frank India's latest report, South Mumbai – A Renaissance , highlights how ongoing enhancements in transit-related infrastructure are expected to drive the revitalisation of South Mumbai. These infrastructure improvements are set to significantly increase the appeal of the area for both businesses and investors. Notably, office rentals in Nariman Point, one of the city's most iconic commercial districts, are projected to see a sharp rise. The report forecasts that top rentals in Nariman Point will increase from the current INR 569 per sq ft to INR 1,091 per sq ft by 2030, reflecting strong demand for premium office space in the area. Nariman Point Office Rental Trends (2003 - H1 2024): In the early 2000s, Nariman Point was Mumbai’s premier business hub, with rental rising steadi
Post a Comment
Read more