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Mr Kamlesh Patel, CMD and Mr Mukesh Patel, MD, Asian Granito India Ltd Largest ever Rights Issue by an Indian Ceramic Company of Rs. 441 crores; Receives Bids for 8.89 crore shares against 6.99 crore shares offered in the Rights Issue; Public portion of the Rights Issue subscribed more than 1.38 times. Rights Issue proceeds to be utilised to fund Strategic Mega Expansion Plans in the Value Added Segments and various Strategic Initiatives; Pantomath Capital Advisors Private Limited acted as the Sole Lead Manager to this Rights Issue Ahmedabad, May 10, 2022: Asian Granito India Limited (AGL) today announced that…

Mumbai (Maharashtra) [India], May 11: Specialty Chemicals company LANXESS made a strong start to the year 2022. In the first quarter of 2022, EBITDA pre exceptionals increased considerably and amounted to EUR 320 million, 32.2 percent higher than the previous year’s figure of EUR 242 million. All the company’s segments contributed to the growth, with the Specialty Additives segment performing particularly well. LANXESS passed on the significantly increased raw material and energy costs via higher selling prices. The successful acquisitions, especially that of Emerald Kalama Chemical, likewise made a positive earnings contribution. The EBITDA margin pre exceptionals came to 13.2…

Balconagar (India), May 11: Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer, is undertaking strong measures to leverage technology and foster digitalization across business verticals to maximize operational excellence, in line with its vision of contributing to the development of nation holistically. Speaking on BALCO’s vision and manufacturing prowess Mr. Abhijit Pati, CEO and Director, BALCO, said, “The safety and security of our people and assets are of paramount importance to us. BALCO has been one of the early adopters in India to explore the field of smart technologies in its operational set-up. These investments and skills further bolster…

Dubai (UAE), May 11: The reputed Emirates Award of Excellence recognizes extraordinary talent & commitment demonstrated by beacons of excellence in their respective field. Sethi is being rewarded with this award for his contribution to the field of programmatic advertising. advertiCe, a self-serve media planning and buying platform that was incepted to bring about a revolution in the programmatic advertising industry. Since the launch of the platform in 2020, Sethi has worked with brands like Tata Motors, Voltas, HDFC Bank, Dr. Reddys, Dell, OnePlus, Canara Bank, Amazon Prime, and many more. Sethi’s professional journey involves multiple achievements and he prides…

Pune (Maharashtra) [India], May 11: Bollywood’s ace filmmaker Subhash Ghai felicitated five winners of the India Skills competition, the country’s biggest skill competition organised by the National Skill Development Corporation (NSDC) under the Ministry of Skill Development and Entrepreneurship (MSDE), in the categories of graphic design, animation, and 3D games at a ceremony organised by Design Skill Academy in Pune. Addressing a mammoth gathering, Subhash Ghai, chairman of Media and Entertainment Skill Council, and Whistling Woods said, “Students must widen their capacity of mind and must start thinking out of the box while creating their works of art. Only a…

Respected Dignitaries at the Launch of Safety Audit Manual New Delhi (India), May 11: In an event hosted and organized by Maharashtra Mahila Arthik Vikas Mahamandal (MAVIM) under the auspicious occasion of Mahatma Jyotirao Phule and Dr. Babashaeb Ambedkar Birth Anniversary, A Women Safety Walk Marathi Manual and an animated video of Women’s Safety Walk was released and launched by Akshara Centre in the presence of Hon’ble Minister Madam, Yashomati Thakur, Mumbai Mayor Madam, Kishori Tai Pednekar, MAVIM Chairperson Madam, Jyoti Tai Thakare, MAVIM Managing Director Madam, Ms. Shraddhaa Joshi. In support of the initiative, Hon’ble Minister Women and Child…