Market News

7June2023 Today Latest News and Updates in Finance and Stock Market

Market news

CAN FIN HOMES  Satish Kumar Kalra resigned as Non – Executive Independent Director 

This is to inform that Shri Satish Kumar Kalra , vide his letter dated June 06, 2023, has resigned as Non – Executive Independent Director from the Board of the Company with immediate effect on personal grounds. Shri. Satish Kumar Kalra was also the Chairman of the Stakeholders Relationship Committee and Member of Corporate Social Responsibility Committee and Nomination Remuneration and HR Committee of the Company

Venus Remedies Awarded Ukrainian GMP Approval for Its Carbapenem, Oncology Parenteral Facilities

Company expects this approval for Meropenem soomg, Meropenem 1000mg, Meropenem 2000mg, Oxaliplatin 5mg/mL Pa€litaxil 6mg/mL Cisplatin ling/mL Imipeneln/Cilastatin 500mg/500mg of its Carl)apenem & Oncology production facilities in Baddi to pave the way for GMP certificatious from European Medicines Ageney and other Pharmaceutical Inspection Convention/Cooperation Scheme Q’Icrs) monber nations.

With Ukraine extending GMP to au seven facilities of Venus Remedies in Baddi, the company is looking to expands its product portfoho in other EU markets as well

 

KPI Green Received a New Largest Single for executing Wind-Solar Hybrid Power Project of 40 MW

 

KPI Green Intimation of receiving largest single LOI for 40 MW (comprising of 21.50 MW Wind and 18.50 MW Solar) Wind-Solar Hybrid Power Project under CPP segment

KPI Green received  new largest single LOI for executing Wind-Solar Hybrid Power Project of 40 MW (comprising of 21.50 MW Wind and 18.50 MW Solar) capacity  M/s Anupam Rasayan India Ltd., Surat under ‘Captive Power Producer (CPP)’ business segment of the Company. This largest single LOI for  40 MW Wind-Solar Hybrid Power Project is a significant milestone for our company, showcasing our strong position in the renewable energy market. The magnitude of this LOI demonstrates trusts and confidence placed in our company’s , technical expertise, and commitment to delivering high-quality sustainable energy solutions in world wide. This achievement further strengthens our position in the industry and reinforces our commitment to driving the transition towards clean and renewable energy sources.

WABAG  Design, Build & Operation of 270 MLD WTP of about INR 420 Crores from (CIDCO), Maharashtra

 

VA TECH WABAG , Leading pure-play Water Technology Indian Multinational Group, has secured order worth about INR 420 Crores towards Design, Build and Operation (DBO) of a Water Treatment Plant with a capacity of 270 Million Litres per Day (MLD) at Jite, Raigad for  (CIDCO).

This project has been planned in order to cater to the future water demand for Navi Mumbai. Water from Hetwane dam will be treated at the proposed 270 MLD WTP and pumped to existing Master Balancing Reservoir (MBR) at Vihal location for further distribution. The scope of the project includes Design, Engineering, Supply, Construction, Installation and Commissioning of the 270 MLD WTP including clear water pumping station within a period of 42 months from commencement and followed by Operation & Maintenance (O&M) for a period of 15 years. The plant will use High Rate Clarifiers for the removal of high-suspended solids followed by Rapid Gravity Sand Filters along with disinfection by chlorine.

 

Blackstone Portfolio  R Systems Acquires Velotio, a Leading Product Engineering and Digital Solutions Company

 

Supports R Systems to deepen its product engineering capabilities in the technology, media, and healthcare  verticals and expand India delivery footprint to Pune

Co-founders of Velotio, Kalpak Shah and Chirag Jog,the rest of the Velotio team, will join the combined business to drive its next phase of growth

 

EaseMyTrip’s Dubai subsidiary strengthen its Middle East business Appoints Sameer Bagul as Managing Director

EaseMyTrip.ae the fully owned subsidiary of EaseMyTrip which is India’s one of the online travel-tech platforms, announced Mr. Sameer Bagul as its MD for the Middle East business.

At EaseMyTrip Dubai, Sameer Bagul will be responsible for building the team and growing its Middle East business. Bringing more than 15 years of expertise in the online travel and e-commerce sectors across India and the Middle East region, he has primarily been associated with Cleartrip and Holidayme. During his tenure there, he focused on expanding the business in the Middle East, building strong local brand, establishing strategic partner to enhance customer acquisition across all GCC countries to drive sales growth, and made significant contributions to overall business expansion. For the last three years, he has been an integral part of Traveazy, an online global distribution B2B platform, where he played a key role in their global expansion efforts.

Demonstrating strong skills across business analytics, business strategy, corporate finance, fundraising, digital marketing, and brand development, he has a passion for travel and enjoys engaging with startups, particularly in the areas of fundraising, strategic planning, and growth marketing.

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