Crime Today News
Infosys has incorporated a step-down wholly-owned subsidiary IInfosys Australia Technology Services Pty Ltd in Australia. The newly incorporated entity’s 100% shareholding is held by Singapore Pte. Ltd, a wholly owned subsidiary of Infosys Limited.
The board of Biocon has approved raising up to Rs 4,500 crore through issue of securities. The company’s board has approved to raise the capital by way of issuance any instrument or security, including shares, non-convertible debt instruments along with warrants or any other convertible securities by way of qualified institutions placement or rights issue etc, Biocon said in a regulatory filing.
Royal Orchid Hotels has launched ‘Regenta Bharti Resort’ in the picturesque hill station of Mahabaleshwar, Maharashtra. This is a 14th property in the state of Maharashtra. The property will be managed by the company based on a management contract under the brand ‘Regenta’ offering guests a seamless experience in the tranquil vibes of Mahabaleshwar.Â
Uma Exports is all set to enter into manufacturing of pulses after successful trial run at the unit located at Turbhe MIDC, Navi Mumbai. The proposed capacity addition is of 36000 MTPA, to be added by Q4 FY26. The facility has been taken on rental basis for a term of 1 year.
PVP Ventures has executed binding agreements to acquire 52% stake in Biohygea Global Private Limited. With this acquisition, PVP has made a significant stride in its earlier announced plans to build a global Healthcare Services platform focussing on Illness, Wellness and Care. The transaction shall be a combination of both primary and secondary stake purchase for an initial shareholding of 52%. PVP will further increase its stake over the next few years through primary and secondary tranches
Rajesh Power Services has secured fresh orders inflows worth Rs 1,116 crore from a combination of government and institutional customers. The orders include turnkey based contract for supply, installation, testing and commissioning of 11/22KV HT underground (cable) / overhead (MVCC) network in Gujarat; design, engineering, manufacturing, supply erection, testing and commissioning of 220/66kV GIS/AIS Substations in Gujarat; supply, erection, testing and commissioning of 132kV/66kV underground cable in Gujarat. The orders are expected to complete within 12 to 18 months.
Spandana Sphoorty Financial Limited on Wednesday (April 23) announced the resignation of its managing director and chief executive officer, Shalabh Saxena, effective immediately. Saxena, who has led the microfinance firm for over three years, stepped down to pursue other career opportunities. He will continue to support the company during his notice period to ensure a smooth leadership transition.
Published on April 24, 2025
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