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BUSINESS

Future Consumer raises funds worth Rs 50 crore via NCDs

Future Consumer has raised funds worth Rs 50 crore. The Committee of Directors of the Board of Directors of the company has on October 12, 2018, allotted 500 Senior, Secured, Non-Convertible Debentures (NCDs) having face value of Rs 10,00,000 each for cash at par to CDC Emerging Markets, an arm ... Read More »

Ashiana Housing wins two awards

Ashiana Housing has won two awards. Realty Plus Awards 2018 has felicitated ‘Ashiana Umang’ as ‘Best Themed Project’ and the company’s website as the ‘Best Real Estate Website of the year’. Ashiana Umang is a project situated in Jaipur (Rajasthan) with the saleable area of approximately 12.42 lakh square feet. ... Read More »

Tata Power inaugurates second ‘All-women’ CRC in Mumbai

Tata Power has inaugurated its second ‘All Women’ Customer Relations Centre (CRC) in Borivali (East), Mumbai, with an aim to continue providing their talented and highly skilled women employees with new avenues for growth and development. The new centre will be entirely managed by a team of 10 women personal. ... Read More »

Den Networks planning to raise funds

Den Networks is planning to raise funds inter alia by issuance of equity shares through one or more methods including further public issue / ADR / GDR / qualified institutions placement / preferential issue. The meeting of the Board of Directors of the company is scheduled to be held on ... Read More »

Allcargo investing Rs 1,000 crore in 4 logistics parks

Allcargo Logistics is investing over Rs 1,000 crore to set up four logistics parks at key locations over the next two years, in bid to gain opportunities as the economy moves on at a faster clip. The company will utilize its land banks acquired in the past few years in ... Read More »

Vakrangee launches over 40 NextGen Vakrangee Kendras in New Delhi

Vakrangee has launched its 40 plus NextGen Vakrangee Kendras in the National Capital Region (NCR), New Delhi. After the successful launch in the Mumbai Metropolitan Region, the company has now entered into the capital city. The Kendras have been launched in the sub-urban and semi-rural areas of Delhi. Since the ... Read More »

Madhav Marbles incorporates subsidiary company

Madhav Marbles & Granites has incorporated subsidiary named ‘Madhav Natural Stone Surfaces’ on October 12, 2018. The company has been incorporated to acquire by purchase, lease, transfer mines, mining rights or any other earthen surface containing marble, granite, quartz, or any other stones, mineral deposits of all kinds containing ferrous ... Read More »

The last wish of 3 Siblings…

Once there lived 3 water bottles. All three were sisters – the younger one of 250 ml, the middle one of 500 ml and the eldest of 1000 ml. All the three were very proud to be providing drinkable water to the thirsty throats. But all the three had something ... Read More »

United Breweries forays into non-alcoholic beverage segment

United Breweries has forayed into the non-alcoholic beverage segment with the launch of Kingfisher Radler in Ahmedabad in the state of Gujarat. Kingfisher Radler, brings a new outlook to the soft drink category, a 100% natural drink that contains 30% less sugar than carbonated soft drinks. The introduction of Radler ... Read More »

Saregama India invests 100% stake in Saregama FZE

Saregama India has invested in 100% capital of Saregama FZE, as a result whereof Saregama FZE has become a wholly owned subsidiary of the company. The object of the acquisition is to start a business of distribution of Music Player with FM and Blue Tooth and prerecorded songs in it ... Read More »

Voltas launches new Brand Store ‘Mayur Engineers’ in Faridabad

Voltas has launched its new Brand Store ‘Mayur Engineers’, in Faridabad’s premier shopping area, Sector 10 Market. The brand store features a well-designed and visually appealing display of new range of Voltas Beko & Voltas’ products, comprising of Refrigerators, Washing Machines, Microwaves, Dishwashers, Air Conditioners, Air Coolers, Commercial Refrigerators, Water ... Read More »

Mirza International incorporates Wholly Owned Subsidiary

Mirza International has incorporated a Wholly Owned Subsidiary (WOS) Company, Mirza Bangla which is registered with Registrar of Joint Stock Companies and Firms, at Bangladesh. The object of the incorporation is to carry on the business of garments segment of the company in continues and smoother way. It is in ... Read More »

Shriram Transport Finance to raise Rs 1350 crore through NCDs

Shriram Transport Finance Company has proposed to raise up to Rs 1350 crore through secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The NCDs have a fixed rate of interest, with seven different series. The NCDs have tenures of three, five and 10 years, with ... Read More »