Share Market News || Stock Market Live News Update ||Nifty || Sensex 17th November 2023

Kotak Mahindra Bank appoints Ashok Vaswani as Director, MD & CEO, and Key Managerial Personnel

Mr. Ashok Vaswani, 62, has a proven track record spanning three and a half decades, initially at Citigroup and thereafter, at Barclays, of building and growing global businesses at scale, nurturing winning teams, establishing transformational partnerships, leveraging forward leaning technology, with a compelling business vision to deliver strong bottom-line growth. He brings with him significant executional experience with high degree of compliance and industrial strength across Corporate and Consumer businesses.

Mr. Vaswani was Chief Executive Officer of Barclays Bank, UK and subsequently CEO of their Global Consumer, Private, Corporate and Payments businesses and Member of the Group Executive Committee. Earlier, he was CEO Citigroup Asia Pacific and Member of the Citigroup Global Operating & Management Committees. Mr. Vaswani also built and ran various country and regional businesses across geographies. He has been President of Pagaya Technologies Ltd, a US-Israeli AI Fintech.

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Adani Energy Solutions achieves outstanding ESG global ratings, advances sustainable practices!

  • CSRHUB rating of 86%, much above the Global Electrical & Gas Utilities industry average
  • Sustainalytics’ ESG Risk Rating of 31.5 outperforms the global Electric Utility Industry average of 32.1
  • MSCI ESG Rating of ‘BBB’
  • FTSE ESG score of 4, well above the global Electric Utilities sector average of 2.7
  • On track to achieve a record target of 60% RE share in energy procurement by FY27 by a Discom and 40% reduction in GHG emission intensity by FY25 over FY19 baseline

Aurobindo Pharma US FDA Inspection at Unit I & III of APL Healthcare Ltd., a wholly owned subsidiary

The formulation manufacturing facility Unit-I & III of APL Healthcare Ltd., a wholly owned subsidiary of the Company, situated at TSIIC Green Industrial Park, Pollepally Village, Jedcharla Mandal, Mahabubnagar District, Telangana, underwent a Pre-Approval Inspection (PAI) conducted by the United States Food and Drug Administration (US FDA) from November 13 to 17, 2023. The inspection was concluded with no observations and a classification of “No Action Indicated” (NAI).

Integra Essential’s Agro Business secures advance orders worth over Rs 150 million!

Integra Essentia Limited has announced that its Agro Business has secured advance orders worth over Rs 150 million from one of India’s premier business houses, M/s Sarveshwar Foods Limited, and its material subsidiary M/s Himalayan Bio Organic Foods Limited (Sarveshwar Group). The company has established a long-term understanding with most of its customers and plans to supply Agro-Products worth about ~Rs. 900 Million per year to the Sarveshwar Group, which is certified by ISO 22000:2018, USFDA (United States Food and Drug Administration), BRC (biggest global standard for food safety), Kosher, NPPO USA & CHINA, along with NOP -USDA Organic certifications for its products.

Integra Essentia Limited is continuously working to scale up its business operations for Agro-based products. It has been striving for similar long-term associations with several prestigious business houses in India and overseas markets. As part of its enduring sustainable business strategy, Integra Essentia Limited aims to tap into the business potential embedded in the ever-growing demand for life essentials and a wide variety of life essentials and lifestyle products, based on a modern business approach of sourcing, producing, and marketing a wide range of bulk and specialty materials and services.

GAIL bags double win at Asian Oil and Gas Awards – Innovation Award and Midstream Project of the Year!

India’s natural gas leader and public sector undertaking, GAIL, has received two prestigious awards at the Asian Oil and Gas Awards in Kuala Lumpur, Malaysia. GAIL was awarded “the Innovation Award- India” for its reduction in LNG shipping cost and emissions through Ship-to-Ship (STS) transfer of LNG with backhauling. Additionally, GAIL received the “Midstream Project of the Year- India” award for installing the first floating Compressed Natural Gas (CNG) station in Varanasi. These awards recognize GAIL’s outstanding contributions to the oil and gas industry in Asia.

GAIL chartered the LNG vessel AI Gharrafa from QatarGas in Gibraltar and transferred cargo from Castillo De Santisteban into AI Gharrafa through STS transfer. This was the world’s first STS between a large conventional LNG vessel and a Q-Flex LNG vessel. The QatarGas vessel then proceeded to Dahej to discharge the cargo originally planned to be discharged by GAIL’s vessel, and GAIL’s vessel returned to the next loading port from Gibraltar. This innovation resulted in savings of approximately 8,736 nautical miles, equivalent to approximately 7,000 tonnes of CO2 emissions. Furthermore, it shortened the voyage of GAIL’s chartered vessel from 54 days to approximately 27 days.

HCL Technologies and Verizon Business Join Forces to Offer Managed Network Services Globally

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