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Showing posts from February, 2024

Completion of the term of Dr. Hasmukh Adhia as Chairman of Bank of Baroda

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Mumbai, February 29, 2024: Bank of Baroda, a prominent public sector bank, officially announces the completion of the term of Dr. Hasmukh Adhia, on 29th February, 2024, after completing 5 years in the Bank as Non-Executive Chairman.  Dr. Adhia contributed significantly to the growth and success of Bank of Baroda.  His visionary leadership, strategic acumen, and unwavering commitment have played a pivotal role in establishing Bank of Baroda as India’s second largest public sector bank. Bank of Baroda extends its deepest appreciation to Dr. Hasmukh Adhia for his outstanding service, leadership, and dedication throughout the years.   Bank of Baroda remains committed to upholding the highest standards of banking excellence set by Dr. Hasmukh Adhia and will continue its mission of contributing to the nation's economic growth. About Bank of Baroda Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in Indi...

Mukka Proteins IPO subscribed 2.47 times on Day 1

The Initial Public Offering of Mukka Proteins Limited was subscribed 2.47 times on the first day of bidding. The issue received bids of 13,81,99,060 shares against the offered 5,60,00,435 equity shares, at a price band of ₹26-28, according to the data available on the stock exchanges. Retail Portion was the most subscribed with 3.69 times, Non-Institutional Investors Portion with 1.55 times, whereas Qualified Institutional Buyer Portion subscribed 1.01 times. The issue kicked off for subscription on Thursday, February 29, 2024 and will close on Monday, March 04, 2024.  A day prior to the opening of the issue, GPT Healthcare Ltd had raised Rs 67.20 crores from anchor investors. Investors who participated in the anchor were Neomile Growth Fund, Saint Capital Fund, Zinnia Global Fund PCC, Eminence Global Fund PCC, Craft Emerging Market Fund PCC, and Elara India Opportunities Fund.  Fedex Securities Private Limited is the sole book-running lead manager and Cameo Corporate Services...

Bharat Highways InvIT IPO fully subscribed on Day 2

The Initial Public Offering of Bharat Highways InvIT was fully subscribed on the second day of bidding. The issue received bids of 10,57,27,500 units against the offered 10,30,12,800 units, at a price band of ₹98-100, according to the data available on the stock exchanges. Overall, the Issue was subscribed 1.03 times. Other Investors Portion was subscribed 2.24 times and Institutional Investors Portion was subscribed 0.02 times. The issue kicked off for subscription on Wednesday, February 28, 2024 and will close on Friday, March 01, 2024.  A day prior to the opening of the issue, Bharat Highways InvIT had raised Rs 825.97 crores from anchor investors. Institutions who participated in the anchor were ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Quant Mutual Fund, HDFC Life Insurance, Nippon India Mutual Fund, Axis Mutual Fund, Aditya Birla Mutual Fund, UTI Mutual Fund, Max Life Insurance, Baroda BNP Mutual Fund, Reliance General Insurance and DSP Mutual Fund am...

FanCode Signs Multi-Year Exclusive Broadcasting Deal with Formula 1®

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FanCode will become exclusive broadcast partner to Formula 1 ®   streaming all race weekends in India including practice and qualifying sessions, F1 Sprint events and Grands Prix. Formula 1 ®   and FanCode will take a digital-first approach to revolutionise the viewing experience for fans in India. Mumbai, 29 February, 2024  :  FanCode, India’s premier sports destination, will be the exclusive broadcast partner for Formula 1 ®  in India for the 2024 and 2025 seasons. The longest-ever F1 season, consisting of 24 races starting February 29 in Bahrain will be available to Indian fans on FanCode across multiple devices including smart TVs, mobile phones, and tablets. FanCode’s extensive coverage of Formula 1 races will include all practice and qualifying sessions, F1 Sprint events and Grands Prix throughout the season. FanCode’s best-in-class technical capabilities will deliver a world-class experience.  Formula 1 fans will have flexibility to choose ...

J.G.Chemicals Limited’s Initial Public Offering to open on Tuesday, March 5, 2024, price band set at ₹210/- to ₹221/- per Equity Share

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• Price Band of ₹210/- – ₹221/- per equity share bearing face value of ₹10/- each (“Equity Shares”) • Bid/Offer Opening Date – Tuesday, March 5, 2024 and Bid/Offer Closing Date – Thursday, March 7, 2024. • Minimum Bid Lot is 67 Equity Shares and in multiples of 67 Equity Shares thereafter. • The Floor Price is 21 times the face value of the Equity Share and the Cap Price is 22 times the face value of the Equity Share.     Mumbai, February 29, 2024: J.G.Chemicals Limited, India’s largest zinc oxide manufacturer in terms of production and revenue, has fixed the price band of ₹210/- to ₹221/- 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, March 5, 2024, for subscription and close on Thursday, March 7, 2024.  Investors can bid for a minimum of 67 Equity Shares and in multiples of 67 Equity Shares thereafter. The issue consists of a fresh issue of e...

Patient recovered from epilepsy struck after 12 years Mumbai doctor removed part of brain causing seizures

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Mumbai - 34-year-old lady from Mumbai Smita Trivedi (Name changed) working in a small private firm and she was suffering from epilepsy for 12 years. Many times due to headache and other problems she was not able to attend her office. At the age of 22 she suffered first epilepsy attack when she was in college and due to regular epilepsy she couldn’t complete her higher studies and now Smita has been taking 6 medicines every day for the last 5 years. When her husband approached Neurosurgeon Dr. Samir Parekh from Apex Hospitals in Kandivali for how to reduce daily medicines, the doctor suggested Brain Surgery because in this case medicine wasn’t able to control epilepsy. Giving more information about this unique medical case study Neurosurgeon Dr. Samir Parekh from Apex Hospitals, Kandivali said, “This patient was in panic mode due to epilepsy and she was not able to concentrate on her job. We did neurology and neuropsychology assessments. MRI brain and EEG showed origin of fits from the ...

Shree Karni Fabcom Limited IPO Opens on March 06, 2024

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● Issue Size – 18,72,000 Equity Shares of ₹ 10 each ● Issue Size – ₹ 41.18 Crores - ₹ 42.49 Crores ● Price Band – ₹ 220 - ₹ 227 ● Market Lot Size – 600 Equity Shares  Mumbai, 29 February, 2024 – Shree Karni Fabcom Limited, one of the leading player in the manufacturing of specialized technical textiles, has announced its plan to go public with an Initial Public Offering on March 06, 2024. The company is aiming to raise ₹ 42.49 Crore on upper price band through this IPO, with shares set to be listed on the NSE Emerge platform. The issue size is Up to 18,72,000 equity shares at face value of ₹ 10 each.  Equity Share Allocation ● QIB Anchor Portion – Up To 5,32,800 Equity Shares  ● Qualified Institutional Buyers (QIB) – Up To 3,55,800 Equity Shares  ● Non-Institutional Investors (NII) – Up To 2,67,000 Equity Shares  ● Retail Individual Investors (RII) – Up To 6,22,800 Equity Shares  ● Market Maker – Up To 93,600 Equity Shares  The net pr...

Tigers in Tadoba will get global recognition

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A world record for tree planting with the support of the Miss World team Tadoba Festival from 1st to 3rd March Organized Festival for Wildlife Conservation and Sustainable Tourism- Minister Sudhir Mungantiwar   Mumbai, Dt. 27: 'Tadoba Festival' is being held from March 1 to 3 at Chandrapur, which is called the tiger capital of the world. The 71st Miss World team announced their support to the state government's 'Save the Tiger' campaign in a program organized to mark the occasion. Forest Minister Sudhir Mungantiwar expressed the feeling that the festival has been organized for wildlife conservation and sustainable tourism and with Miss Universe from 112 countries declaring their support, it will create more awareness around the world about tiger conservation and conservation. He said that on the second day of this festival, the world record of planting the most trees in a single day will be established. Principal Secretary of Forest Department B. Venugopal Reddy, He...

जागतिक महिला दिनाचे औचित साधून 10 मार्च 2024 दुपारी 2 ते 6 पर्यत नवक्षितिज चॅरिटेबल ट्रस्ट यांच्या वतीने गावदेवी मंदिर युनिट क्र 4 आरे कॉलनी गोरेगाव पूर्व येथे उल्लेखनीय कार्य करणाऱ्या महिलाचा नवक्षितिज नारी सन्मान पुरस्कार देऊन सत्कार करण्यात येणार आहे

प्रसिद्ध निवेदिका tv9 सौ प्रज्ञा कुलकर्णी हस्तक ( पत्रकारिता), सौ सुषमा दवडे ( सामाजिक ), सौ प्रमिला मसराम ( सामाजिक ) कु. कोमल सुभाष देवकर ( क्रीडा ), सौ संपदा अमोल झिगाडे ( कला ),सौ संगीता थोरात ( कला ), सौ नलिनी बुजड ( सामाजिक ),सौ कल्पना नाईक ( सामाजिक ), सौ निता कमलाकर डांगे ( आरोग्य ), सौ शामल देसाई (  सामाजिक )कु रसिका चंद्रकांत अवेरे ( क्रीडा ) यांना पुरस्कार देऊन गौरव गौरवण्यात  येणार आहे  यावेळी माहिती अधिकारी कार्यकर्ता व वरिष्ठ पत्रकार अनिल गलगली, समाजसेवक व जेष्ठ वकील उच्च न्यायालय जगदीश जायले, शिवसेना उपनेते अमोल कीर्तिकर, मुंबई काँग्रेस महासचिव संदेश कोडविलकर,अभिजित राणे सरचिटणीस धडक कामगार युनियन व कामगार नेते,समाजसेवक व उद्योगपती ईश्वर रणशूर, औषधी निर्माण तज्ञ व्याख्याते डॉ. महेश अभ्यंकर, व्याख्याता व समुपददेशक रत्नप्रभा गोमासे आदि मान्यवराच्या उपस्थित पुरस्कार वितरण सोहळा पार पडला जाणार आहे यावेळी महिलांच्या मनोरंजना करीता सन्मान नारीचा खेळ पैठणीचा रंगारग कार्यक्रम सिने- नाट्य अभिनेता सचिन कामतेकर सादर करणार आहे  यात मोठ मोठी बक्षीसे व उपस्थित सर्व ...

Grand Exhibition from 27th to 29th February, 2024. At Bombay Exhibition Centre, Goregaon, Mumbai*

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*For awareness about electrical safety* *“Ecamex – 2024” On the occasion of the centenary year of the Electrical Contractors Association of Maharashtra (ECAM), a grand exhibition “ECAMEX – 2024” has been organized to create awareness among consumers about electrical safety. This exhibition is available to customers. 27, 28 & 29 February, 2024 at Bombay Exhibition Center (NESCO), Hall no. 2, Goregaon (East), Mumbai from 10 am to 6 pm for free. The exhibition was inaugurated on Tuesday. It will be held on February 27, 2024 at 10 am and on this occasion officials of manufacturing companies such as Palicab, RR Cable, Greatwhite and many organizations, power distribution and power related organizations will be present. The main objective of the exhibition “Ecamex – 2024” is electrical safety. This exhibition has been organized keeping in mind the objective of making India free from electrical accidents, creating awareness about safety to avoid electrical accidents. Renowned manufacturer...

Ministry of Culture names Niladri Kumar among Sangeet Natak Academi Puraskar winners for the year 2023

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The Maverick Musician is receiving the award for his contribution in the field of Creative & Experimental Music Mumbai, 28th February 2024: Indian music icon and sitar maestro Niladri Kumar has been named among winners of Sangeet Natak Academi Puraskar for the year 2023, by the Ministry of Culture and Sangeet Natak Akademi Puraskar. This is the highest national recognition given to stalwarts in the field of performing arts. Niladri Kumar had earlier won Ustad Bismillah Khan Yuva Puraskar by the Sangeet Natak Academi in 2007. “I am very grateful to Ministry of Culture and Sangeet Natak Akademi for honouring my journey in music, and I sincerely seek blessings for the path I yet have to travel. My greatest reward is to witness my music touch the hearts of listeners from all over the world, across all these years,” says Niladri Kumar.  Born to sitar maestro, Kartick Kumar, a disciple of Ravi Shankar and Sangeet Natak Akademi Puraskar winner, Niladri Kumar first performed on Doordar...

Kinetic Green Bags “Dream Company to Work for” Award and “Most Iconic HR Leader” Award at the prestigious World HRD Congress 2024

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Pune, 27th February 2024: Kinetic Green, a leading manufacturer of electric vehicles in India, has been honored with the "Dream Companies to Work for – Automotive Sector" award at the prestigious World HRD Congress. The company has been recognized for its progressive policies, work-life balance initiatives, collaborative environment, social responsibility, and continuous feedback and open communication culture. In addition, Ranjit Kondeshan, CHRO, Kinetic Green Energy & Power Solutions Ltd., has been recognized with the "Most Iconic HR Leaders Award." Ms. Sulajja Firodia Motwani, the Founder and CEO of Kinetic Green, expressed her delight at the awards, stating, "We are truly honored to be recognized as a Dream Company to Work for in the Automotive Sector. This award is a testament to our commitment to investing in our people and building a culture of inclusivity, innovation, and open communication. This recognition is a tremendous honor and a strong confir...

H.M King Charles III confers Honorary Knighthood (KBE) on Sunil Bharti Mittal for advancing India – UK business relations

New Delhi. Wednesday, Feb 28, 2024: Sunil Bharti Mittal has become the first Indian citizen to be awarded Honorary Knighthood, the Knight Commander of the Most Excellent Order of the British Empire (KBE), by King Charles III.  The KBE is among the highest honours conferred by the British Sovereign to civilians. It is awarded in an honorary capacity to foreign nationals.  Sunil Bharti Mittal said, “I am deeply humbled by this gracious recognition from His Majesty, King Charles. UK and India have historical relations, which are now entering a new era of increased cooperation and collaboration” He added, “I remain committed to working towards strengthening the economic and bilateral trade relationships between our two great nations. I am thankful to the Government of UK, whose support and keen attention to the needs of business has been critical in making the country an attractive investment destination.” In 2007, Sunil was bestowed with the Padma Bhushan, one of India’s highest ...

Platinum Industries IPO subscribed 22.22 times on Day 2

The Initial Public Offering of Platinum Industries  Limited  was subscribed 22.22 times  on the second day of bidding. The issue  re ceived bids of 21,40,84,467 shares against the offered 96,32,988 equity shares, at a price band of ₹162-171, according to the data available on the stock exchanges. Non-Institutional Investors Portion was subscribed 42.88 times, Retail Portion was subscribed with 25.56 times, whereas Qualified Institutional Buyer Portion subscribed 0.90 times. The  issue kicked off for subscription on Tues day, February 27, 2024  and will close on Thursd ay, February 29, 2024 . A day prior to the opening of the issue, Platinum Industries Ltd had raised Rs 70.59 crores from anchor investors. Foreign and Domestic Institutions who participated in the anchor were Baring Private Equity India AIF 2, Elara India Opportunities Fund, Saint Capital Fund, Antara India Evergreen Fund Ltd, Nav Capital VCC - NAV Capital Emerging Star Fund, Astorne Capital V...