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Showing posts from June, 2024

79th Aradhana Programme of Gayaka Sikhamani Sangeetha Kalanidhi Sri Harikesanallur Muthiah Bhagavathar on 30th June 2024

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Harikesanjali Trust and Narada Gana Sabha Trust cordially invite you for the 79th Aradhana Programme of Gayaka Sikhamani Sangeetha Kalanidhi Sri Harikesanallur Muthiah Bhagavathar on 30th June 2023 at 6.00pm at the Narada Gana Sabha Mini Hall.Smt Srekala Bharat and Thejas will present Bharata Geetham on the compositions of Muthiah Bhagavathar.City Union Bank is kindly sponsoring the All are welcome   Harikesanjali Trust was started in 1997 by the descendants of Sri Harikesanallur Muthiah Bhagavathar to promote and popularise the music and compositions of Muthiah Bhagavathar. The Trust with the unstinting support of Narada Gana Sabha Trust has celebrated his birth and death anniversaries in November and June respectively with concerts and dance performances on Muthiah Bhagavathar compositions and also conducts Music competitions once a year. Over the years the Trust has had many well known musicians perform for the programmes.

Emcure Pharmaceuticals Limited’s initial public offering of Equity Shares to open on July 03, 2024

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Emcure Pharmaceuticals Limited (the “ Company ”) proposes to open its initial public offering of Equity Shares (“ Offer ”) on Tuesday, July 02, 2024. The Anchor Investor Bid/Offer Period is one Working Day prior to Bid/Offer Opening Date, that is, Wednesday, July 03, 2024. Bid/ Offer Closing Date will be on Friday, July 05, 2024. The Price Band of the Offer has been fixed from ₹ 960 per Equity Share to ₹ 1008 per Equity Share. Bids can be made for a minimum of 14 Equity Shares and multiples of 14 Equity Shares thereafter.      Emcure Pharmaceuticals Limited has announced an initial public offering of up to ₹10 equity shares for cash at a price of ₹10 per equity share, including a share premium. The offer includes a fresh issue of ₹8,000.00 million equity shares by the company (the "Fresh Issue") and an offer for sale of ₹11,428,839 equity shares. The offer includes 420,000 equity shares by Satish Ramanlal Mehta, 1,268,600 by Namita Vikas Thapar, 10,000 by Samit Satish Meht

Amazon India Sets Record for Employee Volunteer Participation in Global Month of Volunteering

  June, 2024: Amazon.in announced that the Global Month of Volunteering celebrated in May 2024 saw a record participation of over 1.1 lakh Amazon Employees including corporate employees and associates in India, an increase of 100% YoY. This underscores the company’s deep commitment to create impact and engage with the communities across. Through volunteering efforts, Amazon addressed key focus areas like women empowerment, sustainability, food security, and education. With a mission to educate, inspire, and connect, Amazon.in created over 400 volunteering opportunities across India, partnering with more than 55 non-profit organizations where employees can participate in a variety of in-office, outside-office, and virtual volunteering activities.   “At Amazon, the well-being of the communities we serve is core to our success. Our Global Month of Volunteering unites our employees and empowers them to make a real difference. Through GMV, we have already impacted the lives of over 1.36

ARMEE INFOTECH LIMITED FILES DRHP WITH SEBI TO RAISE ₹ 250 CRORE THROUGH IPO

  Armee Infotech Limited (“ The Company ” or “ AIL ”) has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company plans to raise funds of the total issue size through Initial Public Offering of Equity Shares (Face Value ₹ 10 each) comprising of fresh issue of equity shares aggregating up to ₹ 25,000 lakhs [₹ 250 crore]. (“Total Issue Size”) . The Company is sector agnostic and provides IT Infrastructure solution and IT managed service to a wide variety of projects for both Government/public sector undertakings (PSUs) and private sector with a focus on Government/PSU projects and a predominant presence in the state of Gujarat. The Company proposes to utilize the net proceeds from the Issue towards funding (i) Augmentation of working capital requirements of the Company estimated up to ₹ 16000 lakhs [₹ 160 crore] providing earnest money deposit for bidding for various projects and margin deposits for bank g

JK Tyre Expands Product Line with Launch of Next-Generation Tyres for Commercial Vehicles

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  June, 2024:     Indian tyre major and leader in Truck Bus Radial tyres, JK Tyre & Industries , today introduced an advanced range of tyres designed to meet the evolving needs of the transportation sector . JK Tyre plans to further strengthen their Truck & Bus Radial range with four new variants: JETWAY JUM XM, JETWAY JUC XM, JETSTEEL JDC XD, and the revolutionary JETWAY JUXe for electric buses . The expansion of its product portfolio underscores JK Tyre's dedication to providing advanced, high-performance solutions that combine superior performance, economic benefits, and environmental responsibility.   These new tyres mark a significant milestone for JK Tyre and its commitment to driving sustainable mobility solutions. By delivering tyres that enhance performance, operational efficiency, cost savings and sustainability, JK Tyre continues to lead the way in revolutionizing India's transportation landscape. Speaking at the launch, Mr. Anuj Kathuria, President (In

JSW Group Opens Exhibition in Paris to Commemorate 100 years of India at the Olympic Games

Paris, France: The JSW Group marked Olympic Day with the inauguration of an exhibition that celebrates life and legacy of Pierre de Coubertin, the Founder of the Olympic Movement, along with commemorating 100 years of India’s presence at the Games, in the host city of Paris, on Sunday. Chairperson of the JSW Foundation, Mrs. Sangita Jindal and Inspire Institute of Sport Founder, Parth Jindal were joined by President of the IOC, Mr. Thomas Bach, Minister of Culture, Madame Rachida Dati, Ambassador of India to the Republic of France, His Excellency Jawed Ashraf and the President of the Pierre de Coubertin Family Association, Mrs. Alexandra de Navacelle to open the exhibition that will be hosted at the Town Hall of the 7th Arrondissement, Paris, and will go on till the end of the Paris 2024 Summer Paralympic Games in September. Speaking on the occasion, Mrs. Sangita Jindal, Chairperson of the JSW Foundation said , “JSW Group is pleased to support the curation of ‘100 Years of India a

No Imprisonment of the Hinduja Family members

  The four Swiss-national members of the Hinduja Family, Kamal & Prakash Hinduja, Namrata & Ajay       Hinduja, have not been subjected to any imprisonment, conviction, sentence or detention.   Per Swiss Law procedures, the lower court's judgement is rendered ineffective and inoperative as the presumption of innocence is paramount until and unless a final judgment by the highest adjudicating authority is enforced.   The most serious of the charges, Human Trafficking, against them were completely dismissed by the court yesterday.   It may be noted that the case has no complainants left anymore and they had declared in the court that they were led into signing statements that they didn't even understand. They had neither intended to nor initiated such proceedings. All of them further testified that the four Hinduja Family Members treated them with “respect, dignity and like family”.   The four Family members have full faith

Vedanta Group Biggest Wealth Creator in FY25 till Date; Adds Over Rs 2.2 lakh crore in market cap

Defying the volatility in the market caused by the general elections, the Vedanta Group (comprising of Vedanta Ltd, Hindustan Zinc Ltd) has driven maximum wealth for investors on Dalal Street in the current financial year so far. This is higher than the market cap growth witnessed by leading Indian businesses such as Reliance Industries, Mahindra Group, and the Tata Group during the same period. The market capitalization of the Vedanta Group surged by over Rs 2.2 lakh crore between March 28 and June 20, 2024.   Comparatively, the Adani and Mahindra groups saw their market cap rise by Rs 1.4 lakh crore each. While Tata Group’s market cap rose by over Rs 60,600 crore, heavyweight RIL’s market value declined by more than Rs 8200 crore. The stellar run in shares of Hindustan Zinc has bolstered the value of the Government of India’s 29.5% stake in the zinc major by 2x to more than Rs 80,000 crore. Factors Driving Bull Run Vedanta and Hindustan Zinc shares have rallied 2x from their 52

Dee Development Engineers Limited Initial Public Offer to open on June 19, 2024

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National, June 12, 2024 : Dee Development Engineers Limited (“ Dee Piping ” or “The Company ”), shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Wednesday, June 19, 2024. The total offer size of Equity Shares (face value  ₹ 10 each) comprises of fresh issue aggregating up to  ₹ 3,250 million (The “Fresh Issue”) and offer for sale of up to 45,82,000 Equity Shares. (The “Offer for Sale” ).   This offer includes a reservation of up to aggregating up to   ₹ 10.00 million ( ₹ 1 crore) for subscription by eligible employees. (The “Employee Reservation Portion” ).  The Anchor Investor Bidding Date shall be Tuesday , June 18, 2024 . The Bid/Offer will open on Wednesday, June 19, 2024 for subscription and close on Friday, June 21, 2024. ( “Bid Details” )   The Price Band of the Offer has been fixed at   ₹ 193 to ₹ 203 per Equity Share. Bids can be made for a minimum of 73 Equity Shares and in multiples of 73 Equity Shares thereafter. (The “Price Ban

Bajaj Housing Finance Limited files DRHP with SEBI for an IPO

Bajaj Housing Finance Limited (BHFL), part of the Bajaj Group (with Bajaj Finance Limited and Bajaj Finserv Limited as promoters), has filed Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). BHFL is a non-deposit taking Housing Finance Company (“HFC”), registered with the National Housing Bank (“NHB”) since September 24, 2015, and engaged in mortgage lending since Fiscal 2018. The Public Offer aggregating up to ₹7,000 crore comprises a fresh issue of equity shares of up to ₹4,000 crore and an offer for sale (OFS) of up to ₹3,000 crore by the “Selling Shareholder” (The “Offer for Sale”) with face value of ₹10 each equity share by Bajaj Finance Limited (The “Promoter Selling Shareholder”) .   The Public Offer Includes a reservation of Equity Shares for subscription by Eligible Employees (“Employee Reservation Portion”) and a reservation Equity Shares of Face Value of ₹10 each for subscription by Eligible Shareholders of promoters (“Shareholders Rese

Upcyclie: Crafting sustainable future with Chennai's women artisans through Amazon

Namrutha, is a former marketing professional who saw mountains of fabric waste piling up in Chennai, India, not as trash, but as untapped potential. She envisioned transforming scrap into beautiful products, empowering women from Chennai's slums and founded Upcyclie. Upcyclie is more than a brand. Skilled women artisans, once marginalized, now form the backbone of the company. They meticulously craft laptop sleeves, handbags, and other accessories from fabric that would have otherwise choked the environment, turning waste into treasures and creating a sustainable future. Today, Upcyclie boasts a team of 18 women artisans. Amazon Karigar: A catalyst for growth Central to Upcyclie's success story is the Amazon Karigar Program. Through this program, Upcyclie gained access to the global marketplace, enabling them to showcase their products to a wider audience and scale their business operations. The exposure and support from Amazon Karigar have been instrumental in Upcyclie

Apollo Hospitals Stresses Critical Role of Blood Transfusions in Emergencies

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Chennai, 12 th June 2024:  In the effort to highlight the critical importance of blood transfusions in emergencies, Apollo Hospitals, one of the pioneers in the healthcare sector, organised a press conference to mark World Blood Donor Day. The event focused on the lifesaving impact of blood donations, particularly in emergencies where every moment counts. The press conference emphasised the vital role of prompt blood transfusions in emergencies, highlighting how blood donations have served as a lifeline for individuals in desperate need of urgent medical attention. In situations like accidents, where quick response is crucial, timely administration of blood can mean the difference between life and death. Additionally, the event recognised the incredible people who donate blood; it also featured moving stories from patients, highlighting the significant impact of donated blood on their journeys to recovery. These narratives further underscored the life-saving importance of blood don

Botosmooth Hair Botox by Godrej Professional Launched

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Chennai, May 30, 2024: Godrej Professional, a professional hair brand with products in hair care, colour, styling, and keratin from Godrej Consumer Products Limited (GCPL), introduced its new hair Botox treatment – Botosmooth that is available across popular salons in Tamil Nadu. With this launch, the brand also initiated workshops and training programs to provide the salon professionals with an in-depth understanding about this treatment. This launch not only marks the brand's commitment to introducing innovative treatments but also signifies its dedication to upgrading professionals with the latest in the industry.    Botosmooth by Godrej Professional is a revolutionary treatment that restores and revitalises all types of hair. Zero use of formaldehyde is the highlight of the treatment, making it a safer option compared to others. Even without formaldehyde, it renders hair extremely soft, frizz-free, and reconstructs it into naturally straight-looking hair that lasts up to 30-

Venwiz Webinar on Procurement for EPC Projects: Industry Leaders from L&T, GPS Renewables Share Insights with 150+ Top EPCs in India

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Chennai – Venwiz- India's premier marketplace for EPC & Projects Procurement, successfully concluded a landmark webinar around "Procurement for EPC Projects: Strategies for Success" on June 5, 2024, World Environment Day. The event drew over 150 Procurement, Project, and Engineering leaders from top EPC companies globally, underscoring Venwiz's rapid emergence as the only AI-driven procurement solution in the industrial space. The webinar featured insightful presentations from industry stalwarts, Mainak Chakraborty, CEO, GPS Renewable and Prakash Panicker, Head- Green Energy Supply Chain, EPC at Larsen & Toubro , who shared their expertise and strategic insights on procurement practices in EPC projects. They shed light on perspectives that are poised to benefit the broader manufacturing and EPC industry. The webinar also included the felicitation of Ms Sayali Kakpure, SCM Executive at Re Sustainability Limited, and Mr. Pratik Shah, Director at Arcedges