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Showing posts from September, 2023

Juniper Hotels files DRHP with SEBI for Rs 1800 crore IPO

Juniper Hotels Ltd, which runs hotels under the "Hyatt" brand, has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,800 crore through an initial public offering (IPO). As per the DRHP, the company's maiden public issue is entirely through a fresh issue of equity shares with no Offer for Sale (OFS) component. The issue is being made through the book-building process, wherein not less than 75% of the issue shall be available for allocation on a proportionate basis to qualified institutional buyers, not more than 15% of the issue shall be available for allocation to non-institutional investors, and not more than 10% of the issue shall be available for allocation to retail individual investors. The company, in consultation with the lead bankers to the issue, may consider a further issue of equity shares on a private placement for cash consideration aggregating up to Rs 350 crore (“Pre-IPO Placement”). If such placement is completed, the fresh issue

Organized under the aegis of Shri Thakur Hanuman Ji Trust, Vrindavan under the banner of Anisha Films International and AKB Production, on 27th September at Neeb Karori Baba Temple, Vrindavan, on the auspicious occasion of the feature film being made on the life of the most revered Neeb Karori Baba, people of Brij region. The program concluded with the arrival and blessings of prominent saints.

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The film's director Sharad Singh Thakur told that famous actors of Mumbai are participating in the film. As soon as his grandson Dr. Dhananjay Sharma, in the role of Baba, spoke a dialogue of Baba Ji, the temple echoed with the cheers of Neeb Karori Baba. When artist Maya Jaiswal, who came from Mumbai, spoke a dialogue full of devotion, everyone paid obeisance to Baba Shri. The story, screenplay and dialogues of the film have been written by Sharad Singh Thakur, Dr. Kavita Raizada, Mrs. Kanakchand. The producer is AK Mishra. Music director Jai Uttal, music composer Asif Chandwani, lyricist Raghav Shukla, DOP Narayan Dixit and Ayush Giri, media coordinator Naresh Dixit, assistant production Udayan Sharma, production Ram Das Pandewad and Sandeep Lanjekar, make-up artist Rohit, costumes Mayuri Solanki, assistant director Shraddha. Raje is Bhosle. Pandit Anurag Pathak took charge of the program.  The entire family was present along with Revered Baba Ji's daughter Mrs. Girija Bhatel

Indian market has the potential to be the next growth frontier for Taiwan

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  Taiwan Expo ’23 aims to be a platform that facilitates bilateral trade relations between two countries Mumbai, September 27, 2023: The much awaited, Taiwan Expo 2023 is gearing up for yet another stellar trade show in India, scheduled from October 5-7, 2023, at NESCO Exhibition Centre, Goregoan, Mumbai. This will be the 6 th edition of the Expo in India and more importantly it is back in its physical avatar, allowing exhibitors and visitors to have a closer look and deeper experiential interaction with the product portfolio. This year the Expo will have 6 themes, 7 pavilions on display across key categories like Smart Manufacturing, Smart City, Smart Agriculture, Smart Lifestyle and EV. Some of the highlight products that are being showcased at the Expo include, UAV from Ahamani EV Technology Co. Ltd, world’s first 5G Mixed reality glasses from Compal Electronics Inc, Hydrogen 2-3 wheels motorcycle from Chung Hsin Electric & Machinery Manufacturing Corporation and EV power syste

Plaza Wires Ltd IPO oversubscribed 4.69 times on Day 1; Retail Investors lead the way

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  The Initial Public Offering of Plaza Wires  Limited  was subscribed 4.69 times  on the first day of bidding. The issue  received bids of 4,45,60,713 shares against the offered 94,96,114 equity shares, at a price band of ₹51-54, according to the data available on the stock exchanges. Retail Portion was the most subscribed with 26.60 times, followed by Non-Institutional Investors with 4.76 times, whereas Qualified Institutional Buyer Portion have just started bidding. The  issue kicked off for subscription on  Fri day, September 29, 2023  and will close on  Thursday, October 5, 2023 . A day prior to the opening of the issue, Plaza Wires Ltd had raised Rs 20 crore from anchor investors.  Investors who participated in the anchor were Chanakya Opportunities Fund, and Astorne Capital UCC-ARVEN. Leading brokerages like Investmetz.com and Indsec Securities have given a “ SUBSCRIBE ” rating to the issue,  citing that, at the upper price band of Rs. 54 per share, is reasonably priced with a pr

NABARD Successfully Lists First of Its Social Bonds with A Size of Rs 1040 Crores on BSE

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Funds raised through these Bonds will be used to provide essential financing to bolster ‘Jal Jeevan Mission in Telangana  Five critical projects under the NIDA for Jal Jeevan Mission have already been sanctioned by NABARD amounting to a total investment of ₹5,416.675 crores.   NABARD will continue to expand its offerings with 'Sustainability Bonds' and 'Green Bonds' in the near future  29 th  September 2023, Mumbai : The National Bank for Agriculture and Rural Development (NABARD) announces the successful listing of its ‘Social Bonds’ on the Bombay Stock Exchange (BSE). The bonds received positive response from the market as the issue was oversubscribed 2.86 times. The funds raised through this offering will be used to refinance the essential financing provided for the drinking water projects under the Jal Jeevan Mission in the state of Telangana. The decision was taken after an extensive consultation with KPMG and other stakeholders.  Mission Bhagiratha under the Jal J

Marathwada's pioneering entrepreneurs take center stage: 'RISE: Marathwada ' to air Zee 24 TAAS, September 30th at 4:30 PM

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Zee 24 TAAS is poised to bring viewers its extraordinary event of 'RISE: Marathwada ,' on Saturday - September 30th, 2023, at 4:30 PM. This program is a tribute to the indomitable spirit of entrepreneurs who are spearheading innovation and development, redefining the business landscape in Marathwada and beyond. It underscores the commitment of both the central and state governments to propel Maharashtra, with a particular focus on the Marathwada region, towards a brighter future. The industrial growth in Marathwada, especially in Aurangabad, has been instrumental in driving economic prosperity and creating job opportunities. The diverse industries here have also led to improvements in infrastructure and urban development, experiencing innovative solutions that address local requirements while also appealing to global markets. 'RISE: Marathwada ' has been a crucible of ideas and insights, featuring enlightening discussions led by industry luminaries and policymakers on p

Airbnb Hosts across India gear up to welcome cricket fans from around the world for the upcoming Cricket World Cup

Airbnb data high lights a surge in searches for stays in India ahead of the upcoming cricket world cup. Searches on Airbnb for Ahmedabad increased by over 4,000 percent for the much anticipated India and Pakistan match. Fans from the United Kingdom top the list of international guests looking to travel to India during the tournament, followed by Australia and New Zealand. Ahmedabad, Bengaluru, Pune, Lucknow and Kolkata witnessed a surge in searches for stays during the tournament dates. Travelling cricket fans create economic opportunities for the local Hosts. September 29 2023, India  - The countdown is on as India prepares to host the highly anticipated Cricket World Cup. The tournament, which kicks off on 5 October, across 10 cities provides new and existing Airbnb Hosts an unmissable opportunity to roll out their welcome mats for stays during the event and showcase the epitome of Indian hospitality. Recent Airbnb data reveals that there has been a surge in searches for stays in Ind

Dava India to spread its wings across Maharashtra with a specialized franchise model!

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  ~ The expansion plans are aimed at providing affordable medicines to the masses while also generating employment and helping generate income across these villages ~ ~ Currently, the brand has 65+ outlets across Maharashtra, and 650+ outlets across India ~   MUMBAI, 27th September 2023:  Dava India Generic Pharmacy, India’s largest private generic pharmacy retail chain (a brand of Zota Healthcare Ltd), has decided to spread its wings across Maharashtra with a specialised franchise model. The initiative is aimed at providing affordable medicines to the masses while also generating employment and helping generate income across these villages. Speaking at the occasion,  Dr. Sujit Paul, Group CEO, Zota Healthcare , said, “Currently Dava India has 65+ outlets spread across Maharashtra, and 650+ outlets across India. Our plan is to increase our footprint to reach every district of Maharashtra especially in 36 odd district headquarters, & ramp up the presence to nearly 1000+ outlets acro

EUTELSAT AND ONEWEB MERGES TO CREATE WORLD’S FIRST GEO- LEO SATELLITE SPACE CONNECTIVITY COMPANY

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Bharti   Enterprises   to   be   the   largest   shareholder   in   the   merged   entity   with 21.2 % share. Mr. Sunil Bharti Mittal to be the Vice-Président (Co-Chair) and Mr. Shravin Bharti Mittal to be a Director on the Board of Eutelsat Group. Mr. Akhil Gupta to continue as a Director on the Board of OneWeb. New Delhi, 28 September 2023 : Eutelsat Communications SA (Euronext Paris: ETL) (the “Company”), one of the world's leading satellite operators, today announced the completion of its all-share combination with OneWeb, the global low Earth orbit (LEO) satellite communications network, following the approval of the Ordinary and Extraordinary General Meeting of Eutelsat shareholders. Headquartered out of Paris, the merged entity will have Bharti Enterprises as its largest shareholder with 21.2% share. Bharti Group is committed to be a long-term strategic investor in the Eutelsat Group. Mr. Sunil Bharti Mittal will be the Vice-Président (Co-Chair) and Mr. Shravin Bharti Mitta

Zee Media Corporation Limited re-engages with BARC to strengthen data transparency

National, 27th September 2023: Zee Media Corporation Limited (ZMCL) is pleased to announce its decision to re-register for the Television Audience Measurement System with the Broadcast Audience Research Council (BARC). This move comes after constructive discussions with BARC, resulting in an agreement to share raw data on a timely basis. It reflects ZMCL's steadfast commitment to transparency and a mutually beneficial partnership. ZMCL's renewed alliance with BARC reaffirms the media industry's collective commitment to transparent and credible audience measurement. It has consistently advocated for corrective actions and is firmly rooted in its commitment to upholding data accuracy and transparency standards in the media industry. Emphasizing the significance of this collaboration, Abhay Ojha, CEO of Zee Media Corporation Limited, said, "We, at ZMCL, have always valued the integrity and transparency of data. Our decision to rejoin forces with BARC reflects our firm b

PEPSICO INDIA SPARKS A SURGE OF ENERGY WITH THE LAUNCH OF LIMITED-EDITION STING® BLUE CURRENT

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  The campaign piques curiosity with  'Sting ®  Blue Current, Kamaal ka Current ’   in a new film Click here to view the new Sting® TVC -  https://youtu.be/zlcxkVM7Mbw?si=DvXHn60Kwd0kyGrk   National, 27 September 2023 : PepsiCo India’s brand, Sting® is all set to electrify consumers across India with the launch of its limited-edition flavour, Sting® Blue Current, a captivating new addition to its Sting® Energy lineup. The launch of Sting® Blue Current is accompanied by a quirky new brand campaign that reaffirms Sting®'s mantra of electrifying energy with,  'Sting ®  Blue Current, Kamaal ka Current ’ tagline – inviting consumers to experience the exhilaration of Sting® Blue Current firsthand. The film starts with a young couple sitting under a star - lit sky. The girl hopes to see a shooting star to share her secret wish. The boy, in his quirky Sting ®  style, decides to jolt himself up by getting a bolt of energy as he takes a sip of the new Sting ®  Blue Current. He creati

Stories Unite Us! Jaipur Literature Festival returns to celebrate its 17th edition in February 2024

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  HIGHLIGHTS Festival Dates:   The  17 th  edition  of the iconic Jaipur Literature Festival is scheduled to take place from  01 – 05 February 2024  at the Hotel Clarks Amer, Jaipur, Rajasthan. First List of Speakers  Announced :   Anand Neelakantan, Angela Saini, Anuradha Sarma Pujari, B. Jeyamohan, Ben Macintyre, B.N. Goswamy, Brian Catlos, Catherine Ann Jones, Claire Wright, Colin Thubron, Debra Diamond, Devika Rege, Jeff Goodell, Jerry Brotton, Kalpana Raina, Mary Beard, Mridula Garg, Nancy Silberkleit, Nilanjana Roy, Patrick Radden Keefe, Raj Kamal Jha, R.A. Mashelkar, Siddarth Shrikanth, S. Muralidhar, Tom Holland Volunteer Programme:   The Jaipur Literature Festival runs a successful Volunteer Programme that forms the backbone of its operations while offering young enthusiasts an unmatched enriching experience, enabling them to see first-hand what goes into making and managing a  F estival of this scale. A 250-strong  team  of dedicated volunteers work across the Festival’s 25 d