अर्थनीती

  SINGAPORE AIRLINES AND TATA SONS TO MERGE AIR INDIA AND VISTARA, CREATING INDIA’s LEADING AIRLINE GROUP   Singapore Airlines (SIA) and Tata Sons (Tata) have agreed to merge Air India and Vistara, with SIA also investing INR 20,585 million (S$360 million, US$250 million) in Air India as part of the transaction. This would give SIA a 25.1% stake in an enlarged Air India group with a significant presence in all key market segments[1]. SIA and Tata aim to complete the merger by March 2024, subject to regulatory approvals.   SIA intends to fully fund this investment with its internal cash resources, which stood at S$17.5 billion as of 30 September 2022[2].   SIA and Tata have also agreed to participate in additional capital injections, if required, to fund the growth and operations of the enlarged Air India in FY2022/23 and FY2023/24. Based on SIA’s 25.1% stake post-completion, its share of any additional capital injection could be up to INR 50,200 million (S$880 millio...

  MoU Inked between SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (SIDBI) and AGENCE FRANÇAISE DE DÉVELOPPEMENT (AfD) for  Greening the Finance for Net Zero 2070   Mumbai: On 29 th  November 2022, SIDBI , and  AGENCE FRANÇAISE DE DÉVELOPPEMENT  (AfD) joined in partnership with the aim of strengthening the cooperation on climate change and greening finance. AFD is a public development finance institution which objective is to support both India’s international commitments on reducing greenhouse gases emissions and to ensure economic and social development of the country. AFD is a member of IDFC.   SIDBI a public development bank which promotes the Micro, Small and Medium Enterprises (MSME) sector in India, providing green finance and tools to its beneficiaries. SIDBI is a member of IDFC and heading the climate-working group of IBA.   This Partnership will explore the potential sustainable finance facility towards green finance and other projects relat...

  FirstMeridian Launches ‘ Cranston Miller’ , a specialised Managed Service Provider (MSP) solutions division   Bengaluru, November 29, 2022  -  FirstMeridian Business Services Limited , India’s third largest staffing company, in terms of revenue for the year ended March 31, 2021 ( as per a Frost & Sullivan report- Assessment of Staffing Solutions Market in India” dated May 2022 ) announced the launch of a specialised division ‘ Cranston Miller’  offering Managed Service Provider (“ MSP ”) solutions to companies in India.   According to the Staffing Industry Analysts (“ SIA” ) report, the global MSP industry reached USD 150 billion in terms of spend under management in 2020 and is continuously growing. For many organizations today, contingent workers are an integral part of the workforce. These could be freelancers, consultants or contract workers and contingent workers are a fast and effective way to augment the current workforce for any company to cat...

  ब्रिजस्टोन इंडिया च्या वतीने मोबिलिटी सोशल इंपॅक्ट अॅवॉर्डच्या  दुसऱ्या आवृत्तीच्या विजेत्यांची घोषणा ·           सामाजिक सुधारणा साधन म्हणून नाविन्यपूर्ण दळणवळण पर्याय  वापरा चा प्रचार ·           आरोग्य रक्षा आणि पोषण ,  उपजीविका ,  शिक्षण आणि सामाजिक समावेशामधील सुरक्षित आणि स्मार्ट मोबिलिटी सोल्यूशनच्या प्रगतीच्या दिशेने घेतलेल्या पुढाकारांना पुरस्कार   मुंबई,   25  नोव्हेंबर , 2022:   ब्रिजस्टोन इंडियाच्या वतीने आज मोबिलिटी सोशल इंपॅक्ट अॅवॉर्डसच्या दुसऱ्या आवृत्तीची घोषणा करण्यात आली. हे पुरस्कार सामाजिक सुधारणा क्षेत्रात प्रगत तंत्रज्ञान आणि पर्याय साधनांमार्फत दळणवळणविषयक शोध घेऊन मान्यता देतात आणि प्रचार करतात.  पुरस्कार-प्राप्त विजेत्यांना तीन वर्गवारींत रू. 30 लाखांचे एकूण बक्षीस घरी घेऊन जाता येईल. हे पुरस्कार तीन क्षेत्रांत प्रदान करण्यात येतात : उपलब्ध (एक्ससिबल) ,  सुरक्षित (सेफ) आणि स्मार्ट दळणवळण पर्याय. पहिला भाग म्हणजे नावि...

  Honda Cars India signs MoU with IDBI Bank  to offer attractive finance schemes                  - In line with HCIL’s commitment to offering customers with the best ownership experience Mumbai, 25th November 2022:  Honda Cars India Limited (HCIL), leading manufacturer of premium cars in India has entered into a MoU with IDBI Bank, a leading private sector Bank in India, to offer host of finance schemes for its customers. This collaboration between HCIL and IDBI Bank will facilitate customers to avail hassle free affordable financing options & schemes on purchase of Honda Car models. The association reaffirms commitment of HCIL and IDBI Bank to provide the best service to its customers.   Elaborating on the partnership, Mr. Kunal Behl, Vice President, Marketing & Sales, Honda Cars India Ltd. said,  “The collaboration with IDBI Bank is an initiative to provide all Honda customers ...

  CreditAccess Grameen maiden Non-Convertible Debentures lists on stock exchange   ·         Base   Issue  of Rs 250 crs  oversubscribed by  3.03  times   with   a   total   collection   of  Rs 757.50  Crore ·         Retail category oversubscribed by 3.15 times with a   collection  of Rs 196.87  Crore ·         Most of the monies have been raised at an effective annual yield  of  9.83% and  10.02% of Series I (24 months) and Series III (36 months) followed by Series V (60 months) i.e effective yield of 10.46% p.a ·         Issue opened on Monday, November 14, 2022 and closed on Thursday, November 17, 2022 with an option of early closure   November 25, 2022:  The Public Issue of  secured, rated, listed, redeemable, maiden non-convertibl...

  होंडा   कार्स   इंडियाने   आकर्षक   आर्थिक   योजना   देण्‍यासाठी   आयडीबीआय   बँकेसोबत   सामंजस्‍य   करारावर   केली   स्‍वाक्षरी   ग्राहकांना   सर्वोत्तम   मालकीहक्‍क   अनुभव   देण्‍याप्रती   असलेल्‍या   एचसीआयएलच्‍या   कटिबद्धतेशी   संलग्‍न   मुंबई , 25  नोव्‍हेंबर  2022:  होंडा   कार्स   इंडिया   लिमिटेड  ( एचसीआयएल )  या   भारतातील   अग्रगण्‍य   प्रीमियम   कार्सच्‍या   उत्‍पादक   कंपनीने   ग्राहकांना   अनेक   आर्थिक   योजना   देण्‍यासाठी   भारतातील   आघाडीची   खाजगी   क्षेत्र   बँक   आयडीबीआय   बँकेसोबत   सामंजस्‍य   करार  ( एमओयू )  केला   आहे .  एचसीआयएल   व   आयडीबीआय   बँकेमधील   या   सहयोगामुळे   ग्राहकांना   होंडा   कार   मॉडेल्सच्या   खरेदीवर   विनासा...

  Uniparts India Limited - Initial Public Offer to open on November 30, 2022   ·           Price Band fixed at ₹548 to ₹ 577 per Equity Share of face value of  ₹ 10 each of Uniparts India Limited ·           Offer will close on Friday, December 02, 2022 ·           Bids can be made for a minimum of 25 Equity Shares and in multiples of 25 Equity Shares thereafter   National, November 25, 2022 : Uniparts India Limited (“ UIL ” or the “ Company ”), proposes to open on Wednesday, November 30, 2022, an initial public offering of up to 14,481,942 Equity Shares face value of ₹ 10 each (“ Equity Shares ”) comprising 1,100,000 equity shares by The Karan Soni 2018 CG-NG Nevada Trust;  1,100,000 equity shares by The Meher Soni 2018 CG-NG Nevada Trust and 2,200,000 equity shares by Pamela Soni (collectively the “Promoter Group Selling Shareh...

Natural Diamond Council and Vogue India  bring Forces of Fashion to Indian shores   Conversations revolved around luxury, natural diamonds and fashion while also celebrating Indian jewellery with its artistry, craftsmanship and beyond.   Mumbai, 25 th  November 2022:    Natural Diamond Council joined hands with Vogue India to bring the globally recognised Forces of Fashion event to India for the very first time. Forces of Fashion celebrated India’s legacy of jewellery and fashion, along with its distinct and celebrated craftsmanship and artistry. The event saw Dame Anna Wintour, Editor-in-Chief of Vogue, Global Editorial Director of Vogue, and Chief Content Officer of Condé Nast, and Vogue India’s Head of Editorial Content, Megha Kapoor come together for a panel discussion with the country’s celebrated designer Sabyasachi Mukherjee. The themes included diversity, new age fashion media, sustainability and slow luxury, and the very fabric of India’s fash...