Business

Godrej Agrovet signs MoU with MoFPI to strengthen food processing & innovation

Godrej Agrovet signs MoU with MoFPI to strengthen food processing & innovation

#GodrejAgrovet #MoFPI #WorldFoodIndia2025 #AgriInnovation #FoodProcessing #MakeInIndia #OilPalmMission #PetFoodBusiness #AgriEconomy #SustainableGrowth #EmploymentGeneration  To set up a manufacturing and upstream innovation facilities at an estimated investment of INR 960 crore Chandigarh: Godrej Agrovet Limited, one of India’s largest diversified agri-food businesses, today signed a non-binding Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India. Signed on the sidelines of World Food India 2025, this proposed investment of INR 960 Crore is a significant step in the company’s journey towards enhancing its food processing capabilities through state-of-the-art manufacturing facilities and an R&D center. Sunil Kataria, CEO &…
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WeWork India to Launch ₹3,000 Crore IPO on October 3

WeWork India to Launch ₹3,000 Crore IPO on October 3

#WeWorkIndiaIPO #IPOAlert #StockMarket #OfferForSale #EmbassyGroup #CoworkingSpace #NSE #BSE #OctoberIPO #IndianStockMarket Mumbai – Co-working space giant WeWork India is set to launch its Initial Public Offering (IPO) on October 3, with the issue size expected to be approximately ₹3,000 crore. The public offer, which is entirely an Offer for Sale (OFS), will mark a significant listing for the flexible workspace sector in India. IPO Key Details and Timeline Event Date Details Anchor Investor Bidding October 1 Bidding open for one day. IPO Open Date October 3 The public subscription window opens. IPO Close Date October 7 The public subscription window closes. Expected…
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TAJ GANGA KUTIR RESORT & SPA OPENS DOORS IN RAICHAK, WEST BENGAL: IHCL and Ambuja Neotia Unveil Riverside Sanctuary

TAJ GANGA KUTIR RESORT & SPA OPENS DOORS IN RAICHAK, WEST BENGAL: IHCL and Ambuja Neotia Unveil Riverside Sanctuary

#TajGangaKutir #Raichak #WestBengalTourism #IHCL #AmbujaNeotia #LuxuryResort #Ganges #NewOpening #HospitalityNews #IncredibleIndia Chandigarh: The Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the grand opening of the Taj Ganga Kutir Resort & Spa in Raichak, West Bengal. This new luxury property, a collaboration with the Ambuja Neotia Group, is set on the tranquil banks of the Ganges River, offering a serene escape just a scenic 2.5-hour drive from Kolkata. The riverine sanctuary is described as a "soulful ode to Bengal’s idyllic countryside" and is the fifth addition to the 'Kutir' collection in Raichak, further strengthening the successful partnership between IHCL…
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Rotomag Enertec Files DRHP for ₹500 Crore IPO; Profit Soars 134% on India’s Energy Transition

Rotomag Enertec Files DRHP for ₹500 Crore IPO; Profit Soars 134% on India’s Energy Transition

#RotomagEnertecIPO #BanyanTreeExit #DCmotors #SolarPumps #IndiaIPO #SEBI #CleanEnergy #PMKUSUM #GreenManufacturing #FreshIssue Mumbai/Ahmedabad | Mfnewsdaily.in Rotomag Enertec Ltd., a Gujarat-based industrial manufacturer and a key player in India's solar ecosystem, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The proposed issue is designed to raise funds for growth while providing an exit route for its long-time private equity backer, BanyanTree Growth Capital. The public issue is a combination of fresh equity and an Offer-for-Sale (OFS). Rotomag plans to mobilize approximately ₹500 crore through the issuance of new…
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Tata Capital IPO: Financial Sector’s Biggest Listing Set to Open October 6

Tata Capital IPO: Financial Sector’s Biggest Listing Set to Open October 6

#TataCapitalIPO #LargestFinancialIPO #TataSons #IFC #RBICompliance #IPO #financialNews #TataGroup #retailinvestors  Mumbai, India – The financial landscape of India is on the verge of a seismic shift as Tata Capital Limited, the non-banking financial arm of the venerable Tata Group, prepares to launch its massive Initial Public Offering (IPO). This highly anticipated offering, estimated at ₹17,200 crore (approximately $2 billion), is set to open for public subscription on October 6, 2025, and promises to be the largest listing ever witnessed in the country's financial sector. This landmark event, as reported by mfnewsdaily.in, fulfills a critical regulatory mandate and marks the second major listing…
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Prime Minister Inaugurates World Food India 2025: ₹76,000 Crore Investment Pledged

Prime Minister Inaugurates World Food India 2025: ₹76,000 Crore Investment Pledged

#WorldFoodIndia2025 #NarendraModi #FoodProcessing #MoUs #Investment #AgroProcessing #AtmanirbharBharat #MoFPI #GlobalFoodSecurity #BharatMandapam New Delhi: The fourth edition of World Food India 2025 was inaugurated by Prime Minister Shri Narendra Modi at Bharat Mandapam, New Delhi, on September 25, 2025. The flagship global event, organized by the Ministry of Food Processing Industries (MoFPI), aims to solidify India’s position as the “food basket of the world” and a leader in food processing. Context, Content, and Creativity In his inaugural address, PM Modi described World Food India as an event that has emerged with “context, content, and creativity.” He asserted that India’s unique strengths—its diversity,…
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Medicap Healthcare Files DRHP with SEBI for ₹240 Crore IPO 💊

Medicap Healthcare Files DRHP with SEBI for ₹240 Crore IPO 💊

#MedicapHealthcare #IPO #DRHP #SEBI #PharmaPackaging #EuroHeadCaps #IndianMarket #FreshIssue #Healthcare #CapitalMarket Chandigarh— Medicap Healthcare Limited, a key player in the Indian pharmaceutical packaging sector, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering (IPO). The IPO is a Fresh Issue aggregating up to ₹2,400 million (₹240 Crore), with no Offer-For-Sale component, indicating the company's focus on raising capital for future growth. Company Profile and Market Dominance Medicap Healthcare specializes in producing pharmaceutical closures, including Euro Head caps and bottle preforms. It operates from a state-of-the-art 6,732 sq.…
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Complex Cardiac Patient Gets New Life with Unique Non-Surgical TAVR at Fortis Mohali 💖

Complex Cardiac Patient Gets New Life with Unique Non-Surgical TAVR at Fortis Mohali 💖

#TAVR #FortisMohali #DrRKJaswal #AorticStenosis #MinimallyInvasiveSurgery #CardiacCare #HeartHealth #Cardiology #MedicalMiracle #FortisHealthcare Chandigarh — The Cardiology team at Fortis Hospital Mohali has achieved a significant medical feat by successfully treating a 62-year-old patient, who was deemed unfit for conventional open-heart surgery, using a complex and unconventional Transcatheter Aortic Valve Replacement (TAVR) procedure. The team, spearheaded by Dr. RK Jaswal, Head of Department and Director of Cardiology and Director - Cathlabs (the first certified independent TAVR operator in the North region), utilized a unique non-surgical approach to replace the diseased aortic valve. The Patient’s Critical Condition and Surgical Challenge The 62-year-old patient was suffering…
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Axis AMC Appointed as Portfolio Manager for Food Corporation of India Contributory Provident Fund

Axis AMC Appointed as Portfolio Manager for Food Corporation of India Contributory Provident Fund

#AxisAMC #FCI #TFCICPF #PortfolioManager #ProvidentFund #InvestmentManagement #InstitutionalFinance #BGopkumar #RetirementSavings Chandigarh — The Food Corporation of India (FCI) has announced the appointment of Axis Asset Management Company Ltd. (Axis AMC) as the sole Portfolio Manager for the Trustees Food Corporation of India Contributory Provident Fund (TFCICPF). This significant strategic mandate entrusts Axis AMC with the responsibility of enhancing the governance, security, and growth trajectory of the provident fund's corpus, a vital retirement asset for thousands of FCI members. The selection of Axis AMC highlights the strength of its strong parentage (Axis Bank and Schroders), its robust investment capabilities, and its established track…
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RBI Mandates 15-Day Deadline and Compensation for Deceased Customer Claims: A New Era of Financial Accountability

RBI Mandates 15-Day Deadline and Compensation for Deceased Customer Claims: A New Era of Financial Accountability

#RBIDirections2025 #DeceasedClaims #FinancialAccountability #CustomerService #IndianBanking #15DayDeadline #ConsumerProtection #mfnewsdaily #RBI #4PlusBankRate #FinancialReforms New Delhi — In a landmark development set to dramatically improve customer experience in the banking sector, the Reserve Bank of India (RBI) has issued comprehensive and stringent guidelines for the settlement of claims related to deceased customers. The new rules, titled the 'Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025,' introduce a mandatory 15-calendar-day timeframe for banks to settle claims and prescribe significant compensation for any institutional delays. This crucial move, as reported by mfnewsdaily.in, aims to standardise divergent banking practices…
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