Page 66 - Equity Program News Today

For those who recognize the significance of People Strategy and Business Transformation, there is an exclusive offline opportunity on the horizon.

IndusInd Bank has withdrawn its insolvency resolution application against Coffee Day Global after assigning its loans to asset reconstruction company ASREC (India). The withdrawal was allowed by the National Company Law Appellate Tribunal (NCLAT) in Chennai. Coffee Day Global owns 495 Café Coffee Day outlets and has a debt of Rs 960 crore ($130 million) as of March 2022. This development comes as Coffee Day Enterprises is facing its own insolvency resolution application.

The Cannabis Regulatory Agency’s (CRA) Social Equity Program arises from a provision of the Michigan Regulation and Taxation of Marihuana Act (MRTMA) designed to promote and encourage...

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED JULY 31, 2023 ...

India and the UK are working towards allowing Indian firms to list on the London Stock Exchange as part of efforts to deepen trade and investment ties. The countries have also launched the UK-India Infrastructure Financing Bridge, aimed at collaborating on major infrastructure projects. Additionally, they are exploring the possibility of listing debt instruments and shares at the IFSC-GIFT City and the London Stock Exchange.

R C Bhargava said, "I think Indian industry now needs to recognise that it cannot always keep blaming the government for this inability to grow faster and become globally competitive. Indian industry also has to look at itself and see what it can do to improve its overall efficiency, productivity and cost control."

Star Health and Allied Insurance Company Ltd, the only listed health insurer in India, is facing allegations of fraudulent claims and unjustified suspension of cashless claims from hospitals in Ahmedabad. The insurer has decided to re-evaluate the list of eligible hospitals after serving notices to over 100 hospitals for contract violations and fraudulent claims.

Indian online travel company Yatra Online is set to open its initial public offering (IPO) on September 15th. The IPO includes a fresh issue of shares worth ₹602 crore and an offer for sale of up to 12,183,099 shares by existing shareholders.

Anish Shah, the Managing Director and CEO of the Mahindra Group, has praised the G20 declaration as a comprehensive and diverse call to action for the global community. He believes that if followed, the declaration can lead to inclusive and sustainable growth.

Open innovation is a collaborative approach that involves engaging with external partners to co-create and share knowledge, technologies, and insights.