Delhi News Blog

  IC appointed as the Exclusive Selling Agent for Dholera Special Investment Region The J Joshi Group today announced its collaboration with Investors Clinic by strategically appointing it as the Exclusive Selling Agent for bookings in the Dholera Special Investment Region (DSIR) project. A Memorandum of Understanding (MoU) setting out the terms and conditions was signed between Dr. Jignesh Joshi of J Joshi Group and Mr. Sunny Katyal, Director, Investors Clinic. The MoU covers relevant parameters, including a scope of work and commitment for the business. Commenting on the significance of the association, Dr. Jignesh Joshi, J Joshi Group, said, “The vision of J Joshi Group is to achieve the highest standards in the real estate market, establishing our company as premier and preferred real estate company in Dholera, Ahmedabad and surrounding states. We don’t strive to be big; we want to be the best.” The J Joshi Group is one of the most reputed real estate service providers in Guj

  ·          $10 million investment and 800 jobs for highly skilled operators and engineers ·          A diverse workforce, including a significant proportion of female employees ·          Wholly owned electrical wiring interconnection systems business in Pune, India   A year after opening its new factory all-new facility for Electrical Wiring Interconnection Systems (EWIS) in Pune, India. GKN Aerospace shipped its first product to the customer.   Maarten Durville, Managing Director: “As a supplier in the aeroplane industry, we were severely impacted by the pandemic and the lockdown. Just when we had trained our team to Aerospace level, we had to shut down. I am very proud that we can leave this chapter behind us and ship the first product. We can look forward again: the lockdown was just a delay in our growth plan, we have added 50 employees in the last months and are on track to grow to 300 next year.”   The first product is a wire harness for Collins Aerospace and

  SEBI has slapped a penalty of Rs.15 lakhs to Kirloskar Industries (KIL) Director, AN Alawani for indulging in fraudulent and unfair trade practices and alleged that he helped the promoters who owned 15% of the company to walk away with Rs. 275 crores . The regular has also barred him from the capital markets for period of six months. Even though   Mr. Alawani did not trade in shares in his own personal trading account, SEBI in their note said he   was an insider as he was in possession of the UPSI. He was trading as an authorised “agent” for and behalf of the Kirloskar Industries (KIL). The note added that he aided KIL promoters in selling their shares of Kirloskar Brothers Ltd (KBL) to Kirloskar Industries (KIL) thus together have allegedly committed fraud on KIL and public/ minority shareholders of the company. In  KBL ’s board meeting held on 27th July 2010, the management disclosed the poor profitability of  KBL . This was clearly confidential information, and also UPSI under

Considerable opposition is building up against various state governments move to forcefully transfer of temple funds and funds of Charitable Trusts under the pretext of funding relief measures. People in the know say that such unconstitutional ways of grabbing funds from temple trusts have been struck down by various High Courts and Apex Court from time to time in the past and the present move to grab fund will also not stand in court of law. Bombay High Court Advocate Ravi Ganatra, who is associated with a Mumbai based Trust, said that recently, the Maharashtra Government purportedly drafted a proposal to collect temple funds and funds lying with charitable trusts under the garb of funding CM relief measures. One of the congress leader in state govt also proposed to collect gold lying with temple trusts for funding relief measures. The Advocate  informed  that due to large scale protests from various temple organisations, charitable trusts and other cultural organisation

Numerator, a US-based, data and Tech Company reinventing market research is opening its Engineering centre in Pune, Maharashtra. Over the next 2 years, Numerator plans to ramp up staff significantly and will aim to deliver leading-edge and mission-critical technologies to its large, multinational customers. Currently, Numerator is headquartered in Chicago, IL, and has 1,600 employees worldwide. The company blends proprietary data with advanced technology to create unique insights for the market research industry that has been slow to change.   The majority of Fortune 100 companies are among Numerator’s clientele. The center was inaugurated by Mr. Chetan Ghai, Chief Product Officer and a new hire, Ms. Sneha Javheri, joining Numerator on the inauguration day, February, 2020. Teresa Grau, Numerator’s Chief Human Resource Officer was also present during the event . Numerator will be located at The Hive at Bund Garden Road, Pune, which is a prestigious office co-working

Two mega-events first time in Pune on one platform: IPTEX & GRINDEX 2020 ·          The 3 day Gear & Grinding Expo will start on 13 th February to 15 th February 2020 at Auto Cluster Exhibition center, PCMC Pune. ·          Time : 10 am to 6 pm ·          Organized by: Virgo Communication and Exhibition (p) Ltd ·          For Register : Website : www.iptexpo.com  |  www.grindexpo.com ·          Explore the Great collaboration between Gear and Grinding Technology The 6th edition of IPTEX & 4 th edition of GRINDEX 2020 is organized by Virgo Communications & Exhibitions Pvt. Ltd. It is scheduled to take place from 13 th to 15 th February 2020 at Auto Cluster Exhibition Centre, Pimpri-Chinchwad, Pune, Maharashtra. The exhibition will take place for the first time in Pune. The previous five IPTEX and three GRINDEX editions were held in Mumbai. Timings will be 10 am to 6 pm. IPTEX 2020: IPTEX is developing as one of the most encouraging platforms f