Kochi, Kuwait-based NBTC Group, whose workers died in a fire at one of their residences, has announced Rs 8 lakh as immediate relief to the families of each of the deceased.In a statement, the company said it would consider the families of the deceased "a part of the NBTC family"."As an...
Chennai: The Tamil Nadu government reshuffled IAS officers for the first time after the Lok Sabha elections and appointed new heads for various government departments.Rita Harish Thakkar, Secretary, Department of Backward Classes, MBC and Minorities, has been transferred and appointed...
VMPLMumbai (Maharashtra) [India], June 13: India is fast becoming the hub of the global nutraceutical market. Transforming from a latent player a decade ago to a leading market for nutraceutical ingredients and finished products, India is now attracting significant attention from innovators...
MUMBAI: IndiGo's parent company InterGlobe Aviation Ltd said its 7.72 million shares, which is about two per cent of IndiGo's total share capital, were sold through a block deal on Tuesday on behalf of InterGlobe Enterprises Pvt Ltd.The company said in a statement that the proceeds will be...
Three former employees of Gurugram, Manesar-based Japanese company IMT have allegedly embezzled over Rs 1 crore by making payments in the name of 11 fake vendors.He said the accused took advantage of the managing director's mobile phone which was in his possession and used it to obtain the OTP...
New Delhi, Lubes maker Castrol on Tuesday said it has appointed Kedar Lele as managing director of the company for five years from November 1, 2024.Lele replaces Sandeep Sangwan, who will step down effective October 31, 2024, to pursue another role within BP.Lele will join Castrol from...
New Delhi, Construction Federation of India (CFI) has elected Vinayak Pai, MD and CEO of Tata Projects, as the President of its National Council.In a statement on Sunday, CFI announced the formation of the National Council for a two-year period (FY25-FY26). The National Council elected Vinayak...
Mumbai: Bankers on Friday welcomed the growth forecast hike by the RBI, saying the Reserve Bank's decision to keep interest rates on hold was as expected.Indian Banks Association President M V Rao, who also heads the state-run Central Bank of India, said policy steps, status quo and stance on...
New Delhi, Gland Pharma on Friday said it has appointed its current Managing Director and CEO Srinivas Sadu as Executive Chairman and CEO.His appointment is effective from June 10.Sadu took over the role of MD and CEO on April 25, 2019 and has been instrumental in the growth and success of...
SRINAGAR: Hurriyat Conference president and Jamia Masjid chief Maulvi Mirwaiz Umar Farooq was on Friday placed under house arrest and barred from leading congregational prayers at the mosque here, its managing body said.In a statement, Anjuman Auqaf Jamia Masjid Srinagar, the managing body of...
Ekta, who is the managing director and creative head of Balaji Telefilms Limited, shared a video on Instagram in which we can glimpse her posing in a white suit in the temple premises.It also features a snippet of the birthday girl cutting a chocolate cake.The post is titled as: "Venkatraman...
New Delhi, Housing and Urban Development Corporation Limited (HUDCO) on Thursday said it has signed an agreement with IIFCL for cooperation in co-financing of infrastructure and expansion of other services.HUDCO said it has "signed a Memorandum of Understanding (MoU) with India Infrastructure...
New Delhi, PNB MetLife on Thursday said it has appointed Sameer Bansal as managing director and chief executive officer with effect from July 1.Bansal succeeds Ashish Srivastava, who has been appointed as Managing Director of MetLife Inc.'s Global Shared Services team in India."PNB MetLife...
New Delhi: Air India Express Managing Director Alok Singh on Wednesday said the airline will focus on the cost side and transformation plans in 2024-25 as it wants to take advantage of growth opportunities and group synergy.Air India Express is in the process of being merged with AIX Connect...
New Delhi: IT major Wipro on Monday said it has appointed Bruno Schenk as country head and managing director for Switzerland with immediate effect.He will report to Pierre Bruno, Wipro's Europe CEO.The company said Schenk replaces Rene Mulder, who has decided to explore new opportunities...
ATKNew Delhi [India], June 3: Investment banking is one of the most popular options for university graduates who want to make it big in the world of finance. Although the world of investment banking can be extremely tough, it offers the benefits of extremely high salaries, bonuses and...
Enabling distribution of Yokogawa technology with local productionNew Delhi (India), June 3: Yokogawa India Limited has announced that parent company Yokogawa Electric Corporation of Japan has completed the acquisition of Adapt Fluidyne Pvt. Ltd. Ltd. (“Adept”), is one of the largest Indian...
Ashish Purvankara, Managing Director, Purvankara LimitedMumbai, June 3, 2024: Purvankara Limited (BSE: 532891), one of India's most trusted and acclaimed real estate developers, announced the acquisition of 12.75 acres of land at Patlipada on Ghodbunder Road, Thane by its wholly owned...
VMP New Delhi [India], June 1: Leading financial services house IIFL Securities today announced three senior management appointments to boost its wealth management platform/equity broking business. IIFL Securities currently manages $23 billion worth of AUM (approximately Rs 1.9 lakh crore). It...
New Delhi: Wipro shareholders have approved the payment of a US$4.3 million cash severance package for its former CEO and Managing Director Thierry Delaporte, with 89.7 per cent voting in favor of the proposal.The Bengaluru-headquartered Indian IT major had announced Delaporte's resignation...