PR NEWS

MUMBAI, 7 th  AUGUST, 2023 (PRN):   Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) today announced the launch of  Kotak S&P BSE Housing Index Fund , an open-ended scheme replicating/tracking S&P BSE Housing Index. S&P BSE Housing Index invests  in companies related to the housing theme. This index diligently measures the performance of common stocks within the S&P BSE 250 Large Midcap Index, categorized as part of the eligible common India Industry Classification. Constituents are weighted by float-adjusted market capitalization, subject to a single constituent weight cap of 5%. By closely replicating this index, the Kotak S&P BSE Housing Index Fund extends diverse investment opportunities to its investors linked to the housing sector. The fund presents a cost-effective and transparent approach to capitalize on the housing theme within the Indian stock market. The scheme opens for public subscription on August 07th, 20...

National, July 26, 2023 (PRN): BDK Valves(a leading manufacturer of Industrial valves providing flow control solutions to global customers) and Gurukrupa Group (a leading realty developer in western India), announced the successful acquisition and controlling (100%) stake in Theis Precision Steel India Pvt. Ltd. (Theis Precision). This is the second acquisition of international companies by the promoter group to serve customers in India & across the world.  Theis Precision, formerly owned by Tata Steel Ltd., is a pioneer in specialty cold rolling of high/ medium carbon steels in India. Today, it is a leading specialty cold rolled steel strips manufacturer in the country. It also is the only manufacturer of precision hot rolled solid steel profile sections, by a unique process, to satisfy the customers whose needs may be small in quantity but expectations are large. Theis Precision caters to the need of various market segments such as automotive, textile machinery, cutting blad...

Vikrant Patil, CEO & MD, Vinsys IT Services India Ltd   Singapore-based NAV Capital Emerging Star Fund and Swiss-based xMultiplied participate in the Pune-headquartered IT services and software services company funding round Other marquee investors include Nova Global Opportunities Fund, Aegis Investment Fund and Sambhavnath Investments, among others   MUMBAI, 25 JULY, 2023 (PRN):  Vinsys IT Services India Limited (Vinsys IT), a global IT and software services and software company headquartered in Pune, today announced that it has set the price of Rs 121/- to Rs 128/- (Face Value of Rs 10/-) for its forthcoming public offering. The issue will open on August 01, 2023, and close on August 04, 2023. The company plans to offer 3.89 million equity shares of Rs 10/- each through the book-building process. Beeline Capital Advisors are the merchant banker to the issue, while Link Intime India is the registrar to the issue. The company will raise Rs 49.84 crore through the pub...

Mumbai, 29th November, 2022 (PRN): MSRvantage, IT Services subsidiary of MSRcosmos Group, U.S.-based multinational conglomerate enables blockchain based product serialization solutions for the pharmaceutical industry. This offering aims at enhancing security for medicine brands and consumers both by providing a complete and transparent overview of the products’ journey to fight fraud and counterfeit. “With our next gen blockchain solution and pharma services experience, companies can make their brand name synonymous with trust and authentic medicines.” Said Mr. Balaji Kandregula, Vice President, MSRvantage. In the past, the industry has witnessed pharmaceutical products lose out to market-circulating bogus goods and treatments. Companies have long battled to remove them from the market in order to protect potential and crucial patients. Not only is a brand's image and reputation at risk, but it's also possible that one of the raw materials used to create a specific product doe...

MUMBAI, 29 NOVEMBER, 2022 (PRN): MSRcosmos, an enterprise IT services company providing world class software solutions & services to leading organizations across the globe launches Farms IQ, a robust digital system for the agricultural supply chain that can help increase productivity while enhancing business value for agriculture and farm brands. Farms IQ will serve as a subsidiary of the MSRcosmos group of companies.  The new venture will aid in combating counterfeit activity, tracking product inventory, strengthening customer loyalty and engagement for brands and businesses in the agricultural sector. Farms IQ shall make use of Track & Trace technology to enhance traceability with blockchain-enabled QR codes and provide cost-efficient delivery of products, track their real-time consumption patterns, enhance traceability and facilitate automation. This will not just include anti-Counterfeit measures but also contribute towards the overall strengthening of the agricultural ...

MUMBAI, 31 OCTOBER, 2022 (PRN): Ram Gopal, Kartik Iyer and Amit Vasistha (CEOs, CXOs from India) recently successfully finished the much coveted Ironman70.3 triathlon in Astana, Kazakhastan, an experience for athletes all around the world. The three corporate leaders from India that championed the cause of wellness at Ironman 70.3 were Amit Vasistha, a former investment banker, Founder and CEO of wellness startup GALF (more popularly known for their brand MyGALF.com). Ram Gopal is the current serving India CEO of leading international bank. Kartik is senior leader and a seasoned banker. In the post covid world, holistic wellness has become a raging concern. Staying healthy and fit has become an unsaid priority for everyone. Sadly though, very few seem to be taking the real steps to transform their lives towards achieving these health goals. Not surprisingly the stress, anxiety and Heath issues like obesity, hypertension are at an all time high today, especially amongst corporate organ...