Wednesday, Mar 29 2023 | Time 03:57 Hrs(IST)
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Business Economy


PGIM India Mutual Fund to start 2 new businesses

Mumbai, Jan 28 (UNI) PGIM India announced on Saturday that it will start two new businesses – International and Alternate Investment Funds -- shortly.
The commencement date of the two new businesses is set for 1 April, subject to regulatory approval, a release issued stated here.
David Chang, vice-chairman – Asia, PGIM Investments, said, “Our decision to invest in the new businesses in India is aligned with our growth strategy for the region, as we see growing opportunities in both the domestic high-net-worth and retail markets driven by wealth generation, as well as offshore investments in India."
UNI JM SS 2043
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JSL to acquire 49 pc stake in Indonesia nickel pig iron project

28 Mar 2023 | 10:29 PM

New Delhi, March 28 (UNI) Jindal Stainless Ltd (JSL) on Tuesday said it has finalised the deal to acquire 49 percent stake in nickel pig iron project along with the New Yaking Pte Ltd in Indonesia for US$ 157 million.

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Govt aims to bring down logistics cost at 9 pc by end of 2024: Gadkari

28 Mar 2023 | 7:42 PM

New Delhi, Mar 28 (UNI) Stating that the main challenge in the Indian industry, trade and business is the high cost of logistics, Union Minister of Road Transport and Highways Nitin Gadkari on Tuesday said that government's aim is to bring down logistics cost at 9 pc by end of 2024.

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Avalon Tech IPO on April 3

28 Mar 2023 | 6:44 PM

Mumbai, Mar 28 (UNI) Electronic manufacturing services firm, Avalon Technologies, announced on Tuesday that it is all set to kick off its bids for its initial public offering on 3 April to raise capital to repay debts.

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Kottayam-Kochi Rubber Market Rates

28 Mar 2023 | 5:18 PM

Kottayam, Mar 28 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal:
KOTTAYAM
RSS FOUR: 14950
RSS FIVE : 14600
ISNR TWENTY: 13000
SIXTY PERCENT LATEX: 10460
KOCHI
RSS FOUR : 14950
RSS FIVE : 14600
INTERNATIOAL RATES
(BANGKOK)
RSS One : 14546
RSS Two : 14402
RSS Three: 14270
RSS Four : 14198
RSS Five : 14090
KUALALUMPUR
SMR TWENTY : 11052($134.20)
SIXTY PERCENT LATEX : 9762($118.55)
UNI PA AKJ.

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28 Mar 2023 | 4:18 PM

Kolkata, March 28 (UNI) The Federation of Indian Chambers of Commerce and Industry (FICCI) in partnership with Randstad India, one of the leading organizations in the HR services industry, has launched their exclusive survey on startup hiring trends.

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