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Showing posts from October, 2024

Sagility India Limited’s Initial Public Offering to open on Tuesday, November 05, 2024, price band set at ₹28/- to ₹30/- per Equity Share

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Mumbai,  October 30, 2024 :  Sagility India Limited, provides technology-enabled business solutions and services to clients in the U.S. healthcare industry, has fixed the price band of  ₹28/-  to  ₹30/-  per Equity Share of face value ₹10/- each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or  “Offer” ) of the Company will open on  Tuesday, November 05, 2024 , for subscription and close on  Thursday, November 07, 2024 . Investors can bid for a minimum of 500   Equity Shares and in multiples of 500   Equity Shares thereafter. The IPO is entirely an offer for sale of up to 702.20 million equity shares by Sagility B.V, the Promoter Selling Shareholder. The offer includes a discount of Rs 2 for eligible employees bidding in the employee reservation process. Sagility India Limited is a pure-play healthcare focused services provider, and its clients include Payers (U.S. health insurance companies, which f...

Flipkart celebrates record engagement with 7.2 Billion visits during the 2024 festive season; expands economic opportunities across India

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DISCLAIMER :  All data points shared in this release are from 1st Sept to 28th Oct, 2024. Flipkart, India’s homegrown e-commerce marketplace, experienced remarkable customer engagement this festive season, recording an overall 7.2Bn visits. Reflecting a surge in consumer sentiment and digital adoption, the organization also witnessed a record 282Mn unique visitors during the festivities, primarily driven by premiumization and personalized preferences, especially in Metros and Tier 2+ cities, setting new benchmarks for e-commerce in India. While customers from across the country relied on e-commerce for a plethora of shopping needs, the East region of India showcased a 14.86% rise in unique visitors and a 12% growth in customers compared to last year. Both Metro and Non-Metro regions experienced similar growth, reflecting robust demand across the board.  Additionally, some of the sellers witnessed 40-50% YoY growth this festive period, and overall the sellers on the marketplace...

TruAlt Bioenergy bags India’s largest ethanol order for 2024-25 with top OMCs

Bangalore, India,  October 29, 2024 : TruAlt Bioenergy has secured a landmark contract for ethanol supply with India’s top Oil Marketing Companies (OMCs) under the Ethanol Blending Program for the Ethanol Supply Year (ESY) 2024-25. Representing India’s largest ethanol order to date in the first cycle of the ESY 2024-25 tender, this contract covers an extensive volume of 300 million litters, reinforcing TruAlt Bioenergy’s commitment to supporting the country’s growing fuel requirements and advancing the government’s ethanol-blending objective In addition to this, TruAlt Bioenergy has secured an order to supply approximately 65 million litters of ethanol to private players. The company will also be catering 50 million litters of Extra Neutral Alcohol (ENA) to various industries, expanding its impact across multiple sectors and reinforcing its commitment to supporting both the energy and industrial markets in India. As India’s largest ethanol producer, TruAlt Bioenergy will supply eth...

TTK Prestige Unveils New TVC Campaign for Svachh Pressure Cookers

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National-October 2024 : TTK Prestige, a leading brand in kitchenware, launched its new TVC for the  Svachh Lid Pressure Cooker with Spillage control mechanism , addressing the everyday challenges consumers face in maintaining a clean, mess-free kitchen. Conceptualized by DDB Mudra, the TVC humorously highlights the innovative Svachh Lid pressure cooker by portraying the exaggerated emotions consumers experience when they hear the whistle, hiss, or sudden breakage of a pressure cooker. The campaign focuses on Svachh Pressure cooker whistle indentation, a key innovation designed to prevent excess froth from overflowing during cooking. This feature keeps stovetops clean and reduces the need for constant monitoring, saving both time and effort. Additionally, the specially crafted  Deep lid design  provide a secure fit, minimizing spills and splashes, thus making clean up significantly easier. By emphasizing these critical details, TTK Prestige continues to set new standards i...

Empowering Women in Uniform: P. D. Hinduja Hospital and Medical Research Centre organizes a special Breast Cancer Examination camp for Mumbai Police

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Mumbai, 29 th  October 2024 : P. D. Hinduja Hospital & Medical Research Centre   today   started a special six -day breast cancer examination camp for the women officers of Mumbai Police, October being the Breast Cancer Awareness Month. The camp is being held at   Additional Commissioners Office, Byculla   from 24 th   to 30 th   October 2024, offering a quick, non-invasive method to identify potential abnormalities, utilizing the iBreastExam technology. This initiative aims to create awareness and promote early detection of breast cancer and ensure the well-being of Mumbai’s policewomen. Breast cancer is the most common cancer among Indian women, accounting for 25% of all female cancers, with an age-adjusted incidence rate of 25.8 per 100,000 women. The mortality rate stands at 12.7 per 100,000 women, and alarmingly, the incidence of breast cancer is rising among younger women. Nearly 36% of the breast cancer patients in India are under ...

Afcons Infrastructure IPO sees momentum in subscription to 36% on Day 2

The Initial Public Offering of Afcons Infrastructure Limited was subscribed 36% on the second day of bidding. The issue received bids of 3,15,57,920 shares against the offered 8,66,19,950 equity shares, at a price band of ₹440-463, according to the data available on the stock exchanges. Employee Portion was fully subscribed. Non-Institutional Investors Portion and Retail Portion were subscribed 0.72 times and 0.36 times respectively, whereas Qualified Institutional Buyer Portion was subscribed 0.08 times.  The issue kicked off for subscription on Friday, October 25, 2024, and will close on  Tuesday, October 29, 2024 .  A day before the opening of the issue, Afcons Infrastructure Ltd raised Rs 1,621 crores from anchor investors. Foreign and Domestic Institutions who participated in the anchor were GIC, HDFC MF, ICICI Pru AMC, BlackRock, Fidelity Investments, Goldman Sachs, HSBC Group, Nomura AM, Nippon MF, Fullerton, Enam Holdings, Birla ...

Apollo Leads the Charge in Breast Cancer Awareness with a Series of Impactful Initiatives

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Over 6,000 Individuals Participate in Activities for Breast Cancer Awareness Month in October Navi Mumbai,  October 28, 2024 :  Apollo Hospitals Navi Mumbai (AHNM) has successfully led a comprehensive  #TalkPink  campaign to raise breast cancer awareness and emphasize the importance of early detection throughout Breast Cancer Awareness Month this October. Through various initiatives, AHNM engaged more than 6,000 individuals through community and corporate programs, screening camps, webinars, health talks, patient support events, and a robust social media awareness drive. AHNM undertook extensive outreach to the local community with free health talks and mammography screenings, benefitting over 500 people. Additionally, the hospital hosted doctor-led sessions on cancer and women’s health at several corporate offices, impacting more than 4,500 employees. As part of these awareness initiatives, a "TalkPink" walkathon was organized on October 26th, with over 70 Navi Mumb...

NTPC Green Energy Limited gets Sebi nod for Rs 10,000 crore IPO

NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Limited, has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise Rs 10,000 crore through an initial public offering (IPO). The Company had filed its IPO papers with Sebi on September 18, 2024. The IPO with a face value of Rs 10 per equity share is entirely a fresh issue of 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 proceeds from the fresh issue to the extent of ₹ 7,500 crore will be used for investment in its wholly owned Subsidiary, NTPC Renewable Energy Limited (NREL) for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL; and general corporate purposes. Promoted by NTPC Ltd, NTPC Green Energy is the largest renewable energy public sector...