IDFC Mutual Fund Launches Innovative Target Maturity Gilt Index Funds

NFO opens on 12 March, 2021  March 12, 2021: IDFC Mutual Fund announced the launch of two innovative fixed income funds – the IDFC Gilt 2027 Index Fund and the IDFC Gilt 2028 Index Fund. Both funds are open-ended Target Maturity Index Funds which will invest in government securities and treasury bills that constitute the CRISIL Gilt 2027 Index and Gilt […]

Wonderla’s Women’s Day initiative wins hearts

Bengaluru, 10th March 2021: Wonderla’s International Women’s day exclusive offer across its branches in 3 cities has received immense appreciation from its customers. On 8th March 2021, the theme park opened its doors exclusively for its female visitors. No male visitors above the age of 10 were allowed to enter the premises. More than 5000 women across age […]

Edelweiss Mutual Fund Launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund – 2026 NFO on March 10, 2021

Key Highlights of the Edelweiss NIFTY PSU Bond Plus SDL Index Fund – 2026: §  India’s first target-maturity, debt-index fund  §  Will invest in State Development Loans (SDLs) plus PSU bonds §  Bond-like structure with fixed maturity – stability and visibility in returns §  Passively managed Index Fund will keep costs low §  Lower taxation due to indexation benefit §  After successful launch of […]

MTAR Technologies Ltd. Public Offering of Equity Shares opening on March 3, 2021

·         Price Band of Rs. 574 – Rs. 575 per equity share of face value of Rs. 10 each (“Equity Share”) ·         Bid/Offer Opening Date – Wednesday, March 3, 2021 and Bid/Offer Closing Date – Friday, March 5, 2021 ·         Minimum Bid Lot is 26 Equity Shares and in multiples of 26 Equity Shares thereafter ·         The Floor Price […]

CARS24 Appoints Former MD & CEO CEAT Specialty Tyres Ltd Kunal Mundra as New CEO for its Cars Vertical in India

CARS24 Appoints Former MD & CEO CEAT Specialty Tyres Ltd Kunal Mundra as New CEO for its Cars Vertical in India

~ Kunal’s industry expertise will help strengthen and diversify the expansion plans for the Unicorn ~ Gurgaon, February 16, 2021: CARS24, India’s leading online transaction platform for pre-owned vehicles, announces the appointment of Kunal Mundra as CEO, Cars India, CARS24. Kunal has worked in senior roles across several industries, including auto, manufacturing and services. In […]

Indigo Paints Limited, to open its Initial Public Offer on January 20, 2021

Indigo Paints Limited, to open its Initial Public Offer on January 20, 2021

Sets Price Band of Rs. 1,488-1,490 per Equity Share ·         Price Band of Rs. 1,488 – Rs. 1,490 per equity share of face value of Rs. 10 each (“Equity Share”) A discount of Rs. 148 per Equity Share is being               offered to Eligible Employees bidding in the Employee Reservation Portion ·         Bid/Offer […]

Indigo Paints Limited, to open its Initial Public Offer on January 20, 2021 sets Price Band of Rs. 1,488-1,490 per Equity Share

·         Price Band of Rs. 1,488 – Rs. 1,490 per equity share of face value of Rs. 10 each (“Equity Share”) A discount of Rs. 148 per Equity Share is being               offered to Eligible Employees bidding in the Employee Reservation Portion ·         Bid/Offer Opening Date – Wednesday, January 20, 2021 and Bid/Offer […]

NMDC becomes first PSE to introduce ERP on SAP – S/4 HANA platform

NMDC becomes first PSE to introduce ERP on SAP – S/4 HANA platform

Chennai, January 11, 2021: NMDC, India’s largest iron-ore miner, and a Navaratna PSE today announced implementation of SAP Enterprise Resource Planning (ERP) solution. This solution will help to integrate and consolidate all the business process end-to-end and will lead to improvement in operational efficiency. The go-live event was flagged off today by Shri Sumit Deb, CMD, […]

Meritech to acquire Eoxys Systems India for its Push into IoT

Meritech to acquire Eoxys Systems India for its Push into IoT

BANGALORE, India, Jan. 8, 2021 /PRNewswire/ — Meritech Co., Ltd. HQ in Japan announced today that it will acquire majority stake in Bangalore-based Eoxys Systems India, which provides engineering services and solutions for IoT; through its subsidiary Meritech Software Private Limited in India. Meritech Software Private Limited (“Meritech“ ) will acquire the majority stake of Eoxys Systems India Private Limited (“Eoxys“ ) in […]

INR 200 crore public NCD issue of Edelweiss Financial Services Limited Oversubscribed

·         Issue was oversubscribed and raised INR 240.14 crore*** ·         Retail category oversubscribed 2.27 times with a total collection of ~INR 181 crores from 10,647 applications*** Chennai, January 5th, 2021: Edelweiss Financial Services Limited (EFSL), the parent arm of the Edelweiss Group, today announced that its public issue of Secured Redeemable Non-Convertible Debentures (NCDs) has been oversubscribed. The issue […]

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