Tag Archive for 10

Cathay Dragon celebrates 10 years of passenger flight operations from Bengaluru to Hong Kong

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Cathay Dragon celebrates 10 years of passenger flight operations between Bengaluru and Hong Kong on 02 July 2018. Since flights were launched in 2008, more than 800,000 passengers have travelled from Bengaluru and approximately 32,000 tons of cargo have been carried.

Cathay Dragon began daily flights in 2008 operating an Airbus 330-300 aircraft. The launch of flights to Bengaluru marked the first time for Cathay Dragon to operate flights from India. Read more

DIL Ltd. announces split from F.V. 10 to F.V. 5 and bonus in 1:1 ratio

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

DIL Ltd. (BSE: DIL) today announced that the Board of Directors at its meeting held on June 18, 2018 has recommended the split/sub-division of shares of the Company from face value of Rs.10 (Rupees Ten) each to face value of Rs. 5 (Rupees Five) each, and issue of Bonus equity shares in the proportion of 1:1. The same is subject to the approval of the shareholders and the record date/s for the split/sub-division and bonus will be intimated in due course.

 

As part of its overall Business Restructuring exercise, the Board also announced that it has called for a separate Board Meeting on June 21, 2018 to consider scheme of Amalgamation between the Company and its subsidiary, Fermenta Biotech Limited.

 

In addition, the Board has also recommended to alter the Objects Clause of MOA to allow the company to conduct the business of sustainable environmental solutions either on its own or through collaboration.

 

The company announced that rationale behind the split is to improve the liquidity of the Company’s equity shares and to make them more affordable for the small retail investors who want to invest in the Read more

CoinTribe, a MSME lending marketplace, raises US$ 10 Million from Sabre Partners and existing investors

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

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CoinTribe, India’s leading credit based lending marketplace for MSMEs, announced on [Date] that it has raised over US$ 10 million equity capital in Series-B round led by Sabre Partners along with participation from existing investor, Puneet Dalmia.

As a credit based marketplace, CoinTribe offers unsecured term as well as working capital financing to small businesses, which are risk assessed using an online lending algorithm. Gurugram based CoinTribe is a niche player in small business segment and stands differentiated with its robust online credit risk assessment capabilities, which has found strong acceptance with its lending partners. CoinTribe is India’s only lending marketplace which has back-tested its credit algorithm with leading private banks in the country and has so far partnered with leading banks and NBFCs, which include Axis Bank, Yes Bank, RBL Bank, DBS, IIFL, Clix Capital and SMC Capital. Apart from lending through the marketplace CoinTribe is the only player whose technology platform is being used by 4 private and foreign banks on a white labelled basis.

 

With this round of funding, total equity capital raised by CoinTribe has increased to over US$ 15 million. CoinTribe plans to use this additional capital to further enhance capabilities of its proprietary online credit algorithm, expand to new markets and further develop technology to enable faster and nimble product and credit model innovation. Read more

Times Music & Speed Records Collaborate: YouTube Channel Hits 10 Million Subscribers!

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Times Music, one of India’s leading record labels and music publishers, and Speed Records, the leading music label in Punjab, join hands to offer their audience a wider choice of music and help grow the Punjabi music genre across India and in global markets. An initiative started in December 2017, Speed Records YouTube channel, with the help of its partnership with Times Music, now hits 10 million subscribers on YouTube. Read more

Mr Amitabh Bachchan blog completes 10 iconic years today!

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The most read blog of India by Amitabh Bachchan has completed 10 longs years today; on April 17, 2018. He began to write it on this day in 2008, and today it marks 10 fantastic years of the blog, that has inspired million and created lot of excitement and news with his writing.

 

Today is the 3676th Day and Mr Bachchan has been blogging every day without a break for 10 years ..!!

 

From playing a 102 year old character in his upcoming 102 Not Out with Rishi Kapoor releasing on 4th May.. to writing Blog non-stop for 3676 days .. Mr Bachchan never fails to amaze us! Read more

Dia Mirza joins the likes of Leonardo Dicaprio and Erik Solheim as the top 10 Global Influencers on plastic pollution

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Actor-activist and UN Environment’s Goodwill Ambassador for India Dia Mirza has always been in talks for her Global awareness and environmental activities. She has now successfully entered in the top 10 global plastic pollution influencers which has other well renowned influencers like Leonardo DiCaprio and Devendra Fadnavis- Chief Minister of Maharashtra. Read more

BANDHAN BANK LIMITED: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 15, 2018 and to close on March 19, 2018 Price Band: Rs. 370 to Rs. 375 per Equity Share

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Vishal Kampani (JM Financial Ltd.), Mr. Sonjoy Chatterjee (Goldman Sachs (India) Securities Private Ltd.), Mr. Uday Kotak (Kotak Mahindra Bank), Mr. Chandra Shekhar Ghosh (Managing Director and Chief Executive Officer, Bandhan Bank Ltd), Mrs. Shikha Sharma (Axis Bank Ltd.), Mr. Sunil Samdani (Chief Financial Officer, Bandhan Bank Ltd) and Mr. Madhav Kalyan (J.P Morgan Chase Bank N.A., India) at the Bandhan Bank Limited IPO Press conference held in Mumbai today.

Bandhan Bank Limited (the “Company” or the “Issuer”) proposes to open on Thursday, March 15, 2018, an initial public offering of up to 119, 280,494 Equity Shares (the “Offer”), consisting of a Fresh Issue of up to 97,663,910 Equity Shares and an Offer For Sale of up to 14,050,780 Equity Shares by IFC and up to 7,565,804 Equity Shares by IFC FIG (collectively, the “Selling Shareholders” and such Equity Shares offered by the Selling Shareholders, the “Offered Shares”) (“Offer For Sale”). Read more

Sandhar Technologies Limited: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 19, 2018 and to close on March 21, 2018

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By  Vivek K.  Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R): Mr. Ravi Sardana, ICICI Securities Ltd, Mr. Jayant Davar (Co-Chairman and Managing Director) Sandhar Technologies Ltd, Mr. Arvind Joshi, (Whole Time Director & Chief Financial Officer) Sandhar Technologies Ltd, Mr. Yogesh Kapur, Axis Capital Ltd, and Ms. Charu Khatri (Resource Mobilisation & Legal) Sandhar Technologies Ltd at Sandhar Technologies Limited IPO Press conference held in Mumbai today.

Sandhar Technologies Limited (the “Company” or the “Issuer”) proposes to open on Monday, March 19, 2018, an initial public offering of Equity Shares of face value of Rs. 10 each comprising a fresh issue aggregating up to Rs. 3,000 million (“Fresh Issue”) and an offer for sale of up to 6,400,000 equity shares by GTI Capital Beta Pvt. Ltd. (“Offer for Sale” and together with the Fresh Issue, the “Offer”). The Price Band has been fixed from Rs. 327 to Rs. 332 per Equity Share. Read more

Eros International’s Bajrangi Bhaijaan grosses over Rs.169.17 crores (USD 25.95 million) in first 10 days of release

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Eros International Media Ltd, a leading global film company in the Indian film entertainment industry, announced Producer Salman Khan Film’s Bajrangi Bhaijaan has collected over Rs. 160 crores within ten days of its release in China. More than two years since it opened in India, Bajrangi Bhaijaan released in China on March 2 this year and continues to enjoy a very strong box office performance earning Rs. 169.17 crores (USD 25.95 million) since its release.

 

Marking Indian super star Salman Khan’s first ever movie to release in the China market, Eros released the film in association with China’s E Stars Films Ltd and Salman Khan Ventures. After breaking several records during its Eid release in 2015, Bajrangi Bhaijaan crosses another key threshold, with the film taking a commanding start at the Chinese box office, raking in Rs. 14.5 crores on its opening day, debuting at number 7. The Kabir Khan-directed film trended extremely well through its release, climbing to number 4 box office position on its first Monday. It crossed the Rs100 crore mark within a week of release and closed the second weekend with Rs 169.17 crore ($25.95 million) in collections, retaining the number 5 position in the Chinese box office, despite new releases over the weekend.  Read more

Bharat Dynamics Limited: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 13, 2018 and to close on March 15, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R)- Mr.S.Piramanayagam, Director(Finance)and Chief Financial Officer, Bharat Dynamics Ltd, Mr. V.Udaya Bhaskar,Chairman and Managing Director, Bharat Dynamics Ltd and Mr. Nalin Kumar, IDBI Capital Markets & Securities Ltd at the Bharat Dynamics Limited IPO conference held in Mumbai.

Bharat Dynamics Limited (the “Company” or the “Issuer”) proposes to open on Tuesday, March 13, 2018, an initial public offering of 22,451,953 Equity Shares through an offer for sale by the Promoter, The President of India, acting through the Ministry of Defence, Government of India (the “Selling Shareholder”) (the “Offer”). The Company has reserved a portion of 458,203 Equity Shares for allocation and allotment to eligible employees (“Employee Reservation Portion”). Read more