The air quality index was recorded at 334 on Saturday. All construction activities involving excavation have been stopped. Civil construction has also been suspended in Delhi and other NCR districts. All stone crushers and hot mix plants generating dust pollution have been closed.According to officials, Air Quality of Delhi is expected to remain in very … Read more
Apollo Micro Systems has received an approval for the enhancement of ICICI Bank Working Capital Limits aggregating up to Rs 250 million. The Board of Directors of the company at their meeting held on November 01, 2018, approved the same. The Hyderabad-based company is in the business of designing, development and manufacturing of electronics and … Read more
Syndicate Bank has received capital infusion of Rs 728 crore from the government in lieu of preferential allotment of shares. The finance ministry had conveyed to the bank on October 17 of getting government sanction for release of Rs 728 crore towards contribution of the preferential allotment of equity shares during 2018-19 under plan as … Read more
State Bank of India (SBI) has received an approval to raise equity capital up to an amount of Rs 20,000 crore during FY19 from the market by way of FPO/QIP/Preferential allotment/Rights Issue/any other mode or a combination of these, to be decided at the opportune time subject to the approval of shareholders, Reserve Bank of … Read more
South Indian Bank has decided to augment the capital by issue of Basel III compliant Tier II Bonds not exceeding Rs 500 crore in one or more tranches with or without green shoe option, on such terms and conditions as it may deem fit, subject to the approval of regulatory authorities, if any. The Board … Read more
Aditya Birla Capital has incorporated a new Wholly Owned Subsidiary in the name of ‘Aditya Birla Capital Investments’ with effect from October 12, 2018. Aditya Birla Capital is one of the largest financial services players in India.
Reliance Capital’s wholly owned subsidiary — Reliance Health Insurance has received R3 approval from Insurance Regulatory and Development Authority (IRDAI) for its new health insurance business. The new company will commence operations by the December quarter of 2018. Reliance Capital, a part of the Reliance Group, is one of India’s leading private sector financial services … Read more
The modalities for raising money from the market through Government guaranteed bonds and commercial borrowings would be decided in consultation with the Department of Economic Affairs. This would enable HEFA to leverage additional resources from the market to supplement equity, to be deployed to fund the requirements of institutions. HEFA was set up on 31st … Read more
During his four day tour to the Hellenic Republic of Greece, President Kovind will meet Greek President Prokopis Pavlopoulos and Prime minister Alexis Tsipras. The leader of opposition, Kyriakos Mitsotakis will also call on him. During his stay in the Greek capital, President will visit many places of historical and archeological importance such as Acropolis … Read more
Pro-Syrian government forces have been battling for weeks to recover al-Hajar al-Aswad district and the adjacent Yarmouk Palestinian refugee camp since driving rebels from eastern Ghouta in April. A state television presenter said the recovery of al-Hajar al-Aswad meant the area south of Damascus had been completely cleared of insurgents. The ultra-hardline jihadist group now … Read more
Syrian President Bashar al-Assad has used a combination of military pressure and evacuation deals in recent months to recapture territory around the capital from his armed opponents. Last month, troops and allied Palestinian militia launched a fierce offensive to oust IS from a cluster of districts in southern Damascus, including the Palestinian camp of Yarmuk. … Read more
Among the deceased, seven of them were media employees and some were NDS (National Directorate of Security) personnel, although there were no immediate claims of responsibility. The second explosion happened at the scene of the first explosion about 20 minutes later after emergency personnel and journalists arrived in the area. The attacks came just a week … Read more
Most of the them were media employees and NDS (National Directorate of Security) personnel, although there were no immediate claims of responsibility. The second explosion happened at the scene of the first explosion about 20 minutes later after emergency personnel and journalists arrived in the area. The attacks came just a week after a blast … Read more
Most of the them were media employees and NDS (National Directorate of Security) personnel, although there were no immediate claims of responsibility. The second explosion happened at the scene of the first explosion about 20 minutes later after emergency personnel and journalists arrived in the area. The attacks came just a week after a blast … Read more
The second explosion happened at the scene of the first explosion about 20 minutes later after emergency personnel and journalists arrived in the area. The attacks came just a week after a blast at a voter registration centre killed 60 people, in the wake of warnings by security officials against the risk of increasing attacks … Read more
30/1/2018 – Mekong Capital, a private equity firm which focuses on Vietnam has announced that its Mekong Enterprise Fund II (MEF II) has made a full exit from its investment in MobileWorld Investment Joint Stock Company (MWG). On 29th January, the firm sold its final block of 5 million shares at the price of VND … Read more
Singapore-headquartered CMIA Capital Partners has led an initial investment round in WatchBox, an international ecommerce platform for the trading of luxury pre-owned timepieces. Financial terms of the round was undisclosed but according to details in a media release, CMIA has earmarked US$100 million over the next 18 months in order to accelerate the growth of … Read more