Mar 16, 2022
By: Bhakti MakwanaSoftBank’s Munish Ravinder Varma has resigned as non-executive, non-independent director of the company due to personal commitments and other preoccupations.
Credit: Infibeam-Avenues
The bank has reported a borrowal fraud of ₹2,060 crore in the non-performing asset accounts of IL&FS Tamil Nadu Power.
Credit: Infibeam-Avenues
The food delivery firm has acquired a 16.66 percent stake in Mukunda Foods Private, a food robotics company, for cash consideration of $5 million. Besides, the company has also approved a loan of up to $150 million to Grofers India in one or more tranches. The loan to Grofers is in line with its stated intent of investing up to $400 million cash in quick commerce in India over the next two years.
Credit: Infibeam-Avenues
The company has appointed Sunil Bhagat as the new chief financial officer (CFO) and key managerial personnel of the company in place of Hiren Padhya.
Credit: Infibeam-Avenues
The company has acquired 1,040 compulsorily convertible preference shares of ₹10 each of Mother Sparsh Baby Care. With this, its shareholding in Mother Sparsh stands at 16 percent.
Credit: BCCL
The open offer of ₹604 crore by the Burman group to acquire an additional 26 percent in batteries and flashlights maker Eveready Industries India will open on April 26, 2022.
Credit: Max-Healthcare-Institute
The company has appointed Dinesh Thapar as its new chief financial officer.
Credit: Max-Healthcare-Institute
The company announced resignation of Ananya Tripathi as non-executive director and appointment of Gaurav Trehan as an additional director (non-executive).
Credit: Max-Healthcare-Institute
The company announced that Rahul Garg, non-executive director, has resigned from the board of directors and other committees of the Board.
Credit: BCCL