Business Bureau

NHC Foods Ltd, a company specializing in the export of a wide range of food products, has opened its Rs. 47.42 crore rights issue for subscription. The rights issue, attractively priced at Rs. 1 per share, is a significant discount compared to the current market price of Rs. 2.76 per share, as of December 6, 2024. The offer will close on December 18, 2024. Shareholders are entitled to subscribe to the issue at a ratio of 4:1, meaning they can purchase four new shares for every existing share held on the record date of November 26, 2024. Investors can also…

Future Generali India Life Insurance Company Limited (FGILI) successfully hosted an insurance awareness and financial inclusion program in Gangtok, targeting rural communities in the region. The event, held at the New Panchayat Office Building Auditorium in Deoralli, engaged 160 key representatives from 51 Gram Panchayat Units across Gangtok and Pakyong districts. The initiative, supported by officials from the Rural Development Department (RDD), aims to boost insurance penetration in Sikkim, aligning with the Government of India’s goal of "Insurance for All by 2047." Mr. AlokRungta, MD & CEO of FGILI, highlighted the company’s commitment to providing financial protection to underserved rural…

Duroply, India's premium and one of the most experienced among the leading plywood manufacturers, offers Lifetime Guarantee against termite and borer infestation across its range of wood products (plywood, veneers, doors, and blockboards). Duroply was the first Company to introduce this industry unique value proposition way back in 2016. Widely respected for such customer centric product innovations, Duroply manufactures products that last generations. With this guarantee, Duroply reaffirms its commitment to providing long-lasting, and superior-quality products that meet the highest standards of durability and reliability, fulfilling the evolving needs of home owners, architects, and interior designers across the country. Akhilesh…

Courtyard by Marriott Shillong marked the beginning of the holiday season with its Second Edition of the Cake Mixing and Tree Lighting Ceremony on December 8, 2024. The event brought together dignitaries, loyal patrons, and community members, setting a festive tone with a blend of tradition and innovation. The hotel transformed into a winter wonderland, with a magnificent Christmas tree and dazzling decorations creating an enchanting ambiance. Esteemed guests such as East Khasi Hills Deputy Commissioner Smt. Rosette Kurbah, Archbishop Victor Lyngdoh, and MDC BajopPyngrope graced the occasion, adding to its grandeur. The Cake Mixing Ceremony symbolized unity, with participants…

Dynamic Services & Security Limited (DSSL) has bagged a landmark ₹1,080 crore solar PV manufacturing project from the Government of Maharashtra. The initiative will see the establishment of a 1,800 MW production capacity unit at MIDC Villebhagad, Raigad district, under the state's Package Scheme of Incentives (PSI) 2019. The project is set to bolster Maharashtra’s renewable energy ambitions while creating significant employment opportunities. "This project marks a monumental milestone for our company as we venture into large-scale solar panel manufacturing," said Jugal Kishore Bhagat, Managing Director of DSSL. Kolkata, where DSSL's headquarters are based, also stands to benefit indirectly from…

Kolkata’s young golfing prodigy, Aranyak Chakraborty, has continued to carve a name for himself in the Indian golfing circuit with remarkable performances in the IGU (Indian Golf Union) Junior Boys Golf Championship 2024. Competing in Category C (Under 13), Aranyak showcased extraordinary talent and consistency across multiple tournaments this year. At just 12 years old, his journey culminated in the prestigious IGU National Junior Boys Golf Championship 2024, held at the Karnataka Golf Association (KGA) Club, Bangalore, where he clinched the 2nd position in Category C after a gripping competition. Key Achievements in 2024: Winner: IGU West Bengal Junior Boys Golf Championship,…

A delegation of 40 students from Rajasthan’s higher education institutions arrived at the Indian Institute of Engineering Science and Technology (IIEST), Shibpur, as part of the fifth phase of the government’s ‘Ek Bharat Shreshtha Bharat Yuva Sangam’ programme. Organized to foster cultural and educational exchange, the programme pairs states to promote mutual understanding. The Rajasthan team, led by IIT Jodhpur, will stay at IIEST Shibpur, the nodal institute for West Bengal, from December 4 to 9, 2024. A grand welcome ceremony was hosted by IIEST, attended by dignitaries including Prof. V. M. S. R. Murthy (Director, IIEST Shibpur), Padma Shri…

Isuzu Motors India has announced its nationwide ‘ISUZU I-Care Winter Camp,’ designed to provide comprehensive preventive maintenance and exclusive benefits for owners of ISUZU D-MAX pickups and SUVs. The camp, aimed at ensuring a hassle-free driving experience during winter, will run from December 9 to 14, 2024, across all authorized service outlets. As part of the ‘ISUZU Care’ initiative, customers can avail exciting offers, including discounted services and free maintenance checks during the camp. Service centers in 65 locations nationwide, from Ahmedabad to Visakhapatnam, will host the event. Customers can book their slots by visiting ISUZU's service booking portal or…

Bajaj Finserv Asset Management Company (AMC) has announced the launch of the Bajaj Finserv Healthcare Fund, an open-ended equity scheme designed to tap into the fast-growing healthcare and wellness sectors in India. The fund, which opens for subscription on December 6th and closes on December 20th, 2024, aims to create long-term growth by investing primarily in pharmaceuticals, hospitals, diagnostics, and wellness companies. The fund will be benchmarked against the BSE Healthcare Total Return Index (TRI), focusing on a portfolio that invests at least 80% in healthcare-related sectors. The scheme targets investors with a minimum five-year investment horizon and will be…

Nissan Motor India Pvt. Ltd. (NMIPL) has inaugurated its first National Training Centre, Nissan Academy, in Chennai. The facility, spanning 10,500 square feet at the Alliance JV plant, is aimed at upskilling over 1,000 dealership and service technicians annually. This initiative underscores Nissan’s commitment to enhancing customer experience across India. The Nissan Academy offers advanced training in sales, technical maintenance, and body shop services. It features a cutting-edge mechanical workshop for practical training in vehicle diagnostics, repairs, and overhauls, alongside a modern body shop equipped with state-of-the-art tools for repair techniques. Inaugurated by Frank Torres, Divisional Vice President of the…