Punjab National Bank is reeling under great stress due to the Rs 11,400 crore banking fraud that happened recently. To add to the problems, a new data breach has been reported by The Asia Times, which has allegedly compromised sensitive data of some 10,000 credit and debit card holders. The report suggests that the data includes names, … Read more
Ensuring proper intake of Zinc is an important step toward optimal brain function and may prevent cognitive decline as we age. Due to the abundance of nutrient-deprived processed foods, many children and adults suffer from a chronic insufficiency of the mineral. As one of nature’s essential elements, Zinc is required by humans throughout their life-cycles … Read more
Hindustan Zinc’s Pantnagar Metal Plant received Par Excellence Award in 5S & Kaizen in the 5th National Enclave on 5S organized by Quality Circle Forum of India. Over 75 companies from all over the country participated in the conclave held at BIT, Sathyamangalam, Coimbatore (Tamil Nadu) on 9th -10th February 2018. The theme for the conclave was – … Read more
Apollo Hospitals has issued Letters of Comfort (LoC) worth Rs 101 crore relating to credit facilities availed by its subsidiary companies. While the company issued LoC for Rs 71 crore to Yes Bank on behalf of its subsidiary Apollo Health and Lifestyle, it issued LoC of Rs 30 crore to HDFC Bank on behalf of … Read more
Religare Enterprises has received an approval to raise over Rs 916.42 crore by issuing warrants convertible to equity. The Investment, Borrowing and Share Allotment Committee of the company at its meeting held on February 19, 2018 has approved raising of funds through issue of warrants on preferential basis. The company will issue up to 175,559,960 … Read more
Sun Pharmaceutical Industries’ one of the wholly owned subsidiaries has increased its shareholding in Ranbaxy Malaysia, Malaysia, by way of further purchase of 386,865 shares of face value of MYR 1.00 each (equivalent to 4.84%) of Ranbaxy Malaysia. Ranbaxy Malaysia, is a subsidiary of the company, and the total shareholding of Sun Pharmaceutical Industries along … Read more
Tata Power has organized industry’s first annual conference on Power Quality (PQ) in Mumbai. The conference was arranged to provide customers with a common forum of subject matter experts (SMEs), power and transmission utility. The aim of the event was to discuss the latest available solutions for monitoring and possible mitigation measures for overcoming power … Read more