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16 th  September 2024, Mumbai:  In a significant move to address the concerns facing the gems and jewellery industry,  Shri Sunil Barthwal, Commerce Secretary, Ministry of Commerce & Industry , proposed the formation of a task force during his visit to GJEPC’s Head Office in Mumbai on 14th September. This initiative mirrors the task force set up by the government for the textile sector. The Commerce Secretary was accompanied by  Shri Santosh Sarangi, Director General of Foreign Trade . Both high-ranking officials were warmly welcomed by Shri Vipul Shah, Chairman, GJEPC; Shri Kirit Bhansali, Vice Chairman, GJEPC; Shri Anoop Mehta, President, BDB; Shri Ajesh Mehta, Convener – Diamond Panel, GJEPC; Shri Milan Chokshi, Convener – Promotions & Marketing, GJEPC; Shri Mehul Shah, Vice President, BDB; and Shri Sabyasachi Ray, Executive Director, GJEPC. During the discussions, the leadership of GJEPC and BDB emphasized the need for robust policy support, enhanced liquidity, and a favora

Mumbai-based Fabtech Technologies, a turnkey engineering solutions provider for the pharmaceuticals, biotech and healthcare industry has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO with a face value of Rs 10 per equity share is entirely a fresh issue of up to 1.20 crore equity shares. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.   The company, in consultation with the book-running lead managers, may consider a further issue of equity shares through a private placement, preferential offer, or any other method aggregating up to Rs 10 crores and shall not exceed 20% of the size of the fresh issue. If such placement is completed, the fresh issue size will be reduced.   The Issue is being made through the book-building proc

Life Insurance Corporation of India (LIC) has undertaken a digital transformation programme named DIVE (Digital Innovation and Value Enhancement). Under DIVE, LIC aims to significantly boost its digital platform with an aim to provide superior experience to its customers, field force, partners and employees.  LIC has appointed Infosys to build its new state-of-art NextGen Digital Platform which will be an integrated end-to-end digital insurance solution to provide excellent Services to its customers, Business lifecycle management and operational activities for sales intermediaries and digital front-end platform for branch employees.  The NextGen Digital Platform will be modular, flexible, cloud-native, and have platform driven architecture which will be capable of quickly adopting innovative technologies, new products and features. This platform will form the foundation for building high value business applications such as the Customer & Sales Super Apps, Portals and Digital Branch

Delegation visits High Speed Rail C-2 PKG, involving India’s first undersea tunnel, in Mumbai Mumbai:  A Maldivian senior ministerial delegation led by Dr Abdulla Muththalib, Honourable Minister of Construction and Infrastructure of the Republic of Maldives, visited the Mumbai-Ahmedabad High Speed Rail Project in Mumbai. The delegation, which is holding discussions with Ministry of External Affairs, Government of India, toured the High-Speed Rail’s C-2 package, which is being constructed by Afcons Infrastructure Ltd for National High Speed Rail Corporation Ltd. The package includes 21km tunnel, including India’s first undersea high speed rail tunnel (7km). From L-R: Mr Aravindan Ananda, Mr Sunil Tyagi, Mr Munu Mahawar, India’s High Commissioner to Maldives, Dr Abdulla Muththalib, Minister of Construction and Infrastructure, Mr Ibrahim Thoaam Mohamed, Minister of State for Construction and Infrastructure, Mr Uday Prakash Singh, and Mr SS Tomar. The delegation comprised Mr Ibrahim Thoaam

The Jubilant Bhartia Foundation and the Schwab Foundation for Social Entrepreneurship, the sister organization of the World Economic Forum, honoured Mr Akshay Saxena of Avanti Fellows with the esteemed Social Entrepreneur of the Year Award - India 2024. The award was presented by Shri Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas in the presence of distinguished personalities from industry, government and civil society at a ceremony held at New Delhi.  Shri Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas , congratulated the winner and finalists. He appreciated the innovative challenges undertaken by social entrepreneurs in positively impacting lives and environment. Minister Puri said, “Social enterprises have been part of Indian fabric for a very long time. They typically cater to low income communities, typically agriculture, financial inclusion, health and education, clean energy.” He complimented government, social sector and corporates working tog

  ~Say goodbye to chore-time blues as Ritviz’s infectious beats bring fun and dance to dishwashing in the latest video highlighting everyday scenarios ~Vim collaborates with  200+ influencers , celebrities like  Nidh hi Agerwal,  and  Amyra Dastur  to drive further engagement across Instagram and Meta Link to the digital film:  https://youtu.be/7yFFghOgzuw?si=pICeIRSzjaXbtHZP National, 12 th  September 2024 : Vim, a leading brand by Hindustan Unilever (HUL), has long been the most trusted dishwashing brand in Indian households. Hindustan Unilever’s pioneering home and hygiene brand has introduced a fun and quirky indie music video titled  ‘Nazaare’  in collaboration with Ritviz, bringing a fresh spin on the otherwise mundane task of dishwashing. Dishwashing, often seen as a necessary but dull part of daily routine, gets a playful makeover with Ritviz’s upbeat tunes, demonstrating how music can turn even the most mundane everyday moments into something fun. The video begins with Ritviz

Mumbai,  10 September 2024 :  Shriram Finance Ltd., the flagship company of the Shriram Group, proudly announces the onboarding of former Captain and Head Coach of the Indian Cricket Team, Rahul Dravid, as their Brand Ambassador. This partnership unites two iconic entities renowned for their trust and reliability. A Partnership Built on Shared Values Rahul Dravid, celebrated for his unwavering dedication on the cricket field, epitomizes the core values that Shriram Finance upholds. Just as Rahul was the backbone of Indian Cricket, Shriram Finance has been a steadfast partner in the financial journeys of countless individuals and businesses across the nation. Umesh Revankar, Executive Vice Chairman, Shriram Finance : “At Shriram Finance, our mission has always been to empower our customers by providing them with the financial tools and support they need to succeed. Rahul Dravid, with his commitment and impeccable record in nurturing young talent, aligns perfectly with our goal of enabli

This is Company’s biggest ever order so far taking total order book to more than double The order is for Production Enhancement Operations in Mature Fields at Rajahmundry Asset of ONGC Duration of the project is 15 years Deep Industries Ltd (DIL), a leading integrated solutions provider for Oil & Gas field operations, has announced a significant order win valued at ₹1,402 crore from Oil and Natural Gas Corporation (ONGC). The contract is for Production Enhancement Operations in the mature fields of ONGC's Rajahmundry Asset and spans a duration of 15 years. This is the largest project awarded to the company to date, more than doubling its current order book. As on June 30, 2024, the Company’s order book stood at ₹ 1,246 Cr. Commenting on the significant win,  Mr. Paras Savla, MD, Deep Industries Ltd.  said, “ We are thrilled to announce this landmark achievement as we extend our expertise into Production Enhancement Contracts (PEC). This strategic win positions us to play an inc

The Initial Public Offering of Shree Tirupati Balajee Agro Trading Company Limited was subscribed 123.65 times on the final day of bidding. The issue received bids of 1,76,91,15,600 shares against the offered 1,43,08,000 equity shares, at a price band of ₹78-83, according to the data available on the stock exchanges. Retail Portion and Non-Institutional Investors Portion were subscribed 71.17 times and 209.78 times respectively, whereas Qualified Institutional Buyer Portion was subscribed 150.87 times. PNB Investment Services Limited, and Unistone Capital Private Limited are the book running lead managers and Link Intime India Private Limited is the registrar to the Offer. The Equity Shares are proposed to be listed on BSE and NSE. Company Information Shree Tirupati Balajee Agro Trading Company Ltd is engaged in the business of manufacturing and selling Flexible Intermediate Bulk Containers (FIBCs) i.e. large flexible bags and other industrial packaging products such as woven sacks, wo

  Fresh Issue Size – 32,51,200 Equity Shares of ₹ 10 each Issue Size – ₹ 24.06 Crores (At Upper Price Band) Price Band – ₹ 70 - ₹ 74 Per Equity Share  Lot Size – 1,600 Equity Shares Mumbai, September 04, 2024  –Share Samadhan Limited offers a one-stop solution for investment retrieval, wealth protection, and litigation funding solutions, has announced its plan to go public with an IPO on September 9, 2024, aiming to raise ₹ 24.06 Crores, with shares to be listed on the BSE SME platform. The issue size is Up To 32,51,200 equity shares at a face value of ₹ 10 each. Equity Share Allocation QIB Anchor Portion – Up to 9,23,200 Equity Shares Qualified Institutional Buyers (QIB) – Up to 6,19,200 Equity Shares Non-Institutional Investors (NII) – Not less than 4,64,000 Equity Shares Retail Individual Investors (RII) – Not less than 10,81,600 Equity Shares Market Maker – Up to 1,63,200 Equity Shares The net proceeds from the Issue will be utilized primarily for Investment in Technology,