Skip to main content

Posts

Showing posts from 2022

Abbott launches Navitor to Treat Aortic Stenosisin India

Global healthcare company, Abbott today announcedthat it has launchedits latest-generation transcatheter aortic valve implantation (TAVI) system, Navitor™, makingthe minimally invasive device availablefor people in India withsevereaortic stenosis who are at high or extreme surgical risk.With the Navitorvalve, the company is advancing TAVI (also referred to as TAVR, or transcatheter aortic valve replacement) therapies with innovations including a unique design to prevent blood leaking around the valve. The NavitorTAVI system is the latest addition to the company'scomprehensivestructural heart transcatheter portfolio thatoffers physicians and patients less invasive optionsto treatheart diseases.   Dr Ravinder Singh Rao , Interventional and Structural Cardiologist, Lilavati Hospital, Mumbai and Chairman RHL Heart Centre & Head Complex Angioplasty – TAVI Program aid, “TAVI or transcatheter aortic valve implantation is a viable option for patients with severe, symptomatic aortic s

5000 kids to participate in Prempuri Bal Sanskar Kendra Bal Mahotsav 2023

Invites participation for mega inter school competition 500+ prizes to be won by 200+ schools and 5000 participants. Mumbai, December 2022: Prempuri Bal Sanskar Kendra (PBSK), Swami PrempuriAshtram Trust (SPAT), is inviting participation from students of pre-primary, primary and secondary sections for 2023 Baal Mahotsav inter school competition. The mega event will be held from 20 th to 22 January 2023 at the PrempuriAdhtyatma Bhavan, the spiritual capital of South Mumbai. The last date of submission of form is 10 th January 2023. Mrs Deena Mehta, Trustee, Swami PrempuriAshtram Trust Bal Sanskar Kendra, said “We are happy to announce the annual Bal Mahotsav program after a gap of two years due to Covid19 restrictions. The events that will be conducted in the festival are for group competitions as well as individual talent appreciation. Competitions range from dance, dramas, singing, craft, drawing, mehndi, flower arrangement, Geeta chanting, essay writing etc. Nearly 500+ priz

S.O.R.T project to make zero waste society

  To support the “Clean India Mission” of Government of India,Indian Pollution Control Association (IPCA) & Swarn Lata Motherson Trust (SLMTT) has launched the project S.O.R.T.(Segregation of Organic Waste for Recycling & Treatment) with the support of Brihanmumbai Municipal Corporation (BMC) at Tulip Co-operative Housing Society, Borivali West Mumbai. Project S.O.R. T, the flagship project of Swarn Lata Motherson Trust (SLMTT), which is implemented by Indian Pollution Control Association (IPCA). The project has been implemented at 10 different locations in Mumbai.This project has been initiated as a step towards source segregation of organic waste and to produce compost from the wet waste using aneco-friendly aerobic composting technology- Aerobin. It converts organic waste into compost within 40-45 days. The project was inaugurated by Mr. Ravindra Khot, Jr BMC Officer -R Central ward,Borivali West & Mr. Soni- Ex BMC -Executive Officer, Borviali in the presence of resident

ICE MAKE Q2FY23 net profit rises 245% to Rs 4.64 crore

  Top line grows 40% to Rs 67.12 crore Ice Make Refrigeration Limited  (NSE: ICEMAKE), a leading supplier of innovative cooling solutions and manufacturer of 50 plus refrigeration equipment in India, has reported  245.3% growth  in its net profit and  40.14%   growth in its revenue for the quarter ended on 30 September 2022.  The Company recorded a net profit of  Rs 4.64 Cr  in the reporting period as against  Rs 1.34 Cr  posted in the corresponding quarter of fiscal 2021. The consolidated revenue for Q2FY2023stood at  Rs 67.12 cr  against  Rs 47.90 Cr  posted in the corresponding quarter of fiscal 2021. Mr. Chandrakant Patel, CMD, Ice Make Refrigeration Limited said” Strong demand continued to help deliver robust growth in revenue and profitability jumped significantly in the reporting period of Q2FY23 due to higher scale and cost controls. During the quarter finance cost recorded a steep  56.7%  drop on a Year on Year basis to Rs 17.8 lakh while lower operating and fixed cost boosted

Tailwind partners with Grip to provide alternate investment solutions

  Tailwind Financial Services (Tailwind), a new age wealth management platform, has partnered with Grip, India’s leading multi-asset alternative investment platform. Rishabh Goel, Managing Director, Tailwind Financial Services said “Founded in 2016, Tailwind has made significant inroads in the wealth management space in a short span of time and our partnership with Grip would further strengthen our capabilities and help bring more differentiated strategies for investors. Under the partnership we are offering solutions like Asset Leasing and Inventory Financing, which is unique for investors, helps in generating higher returns with the backing of tangible assets to protect in case of delays” Commenting on the tie-up Nikhil Aggarwal, Founder and CEO of Grip said “We are happy to partner with Tailwind Financial Services to help their investors benefit from our unique offerings. We are democratising wealth creation by providing investors access to investment options previously only ava

Bumper SME IPO listings, 400th company lists on BSE SME platform

Chief Guest Shri Piyush Goyal, Union Min ister of Commerce & Industry, Consumer Affairs & Food & Public Distribution & Textiles, Govt. of India, today rang the BSE Bell along with Shri Ram Charan Bohra, MP (From Jaipu r ) and Senior Officials of BSE to mark the listing of  400 th Company on the erstwhile BSE SME, India’s largest equity capital market platform for small and medium enterprises (SMEs). With the listing of 6 new IPO bound companies, the BSE SME now has taken the listed company count to 402 with a market cap of over Rs. 62,177 Crore.   Here is the list of 9 companies (complied by AARYANA MATASCO, Investor Relations and PR consultancy) that had a pumper listing today on BSE SME and NSE Emerge   Company Listing price (Rs) Issue price Percentage gain/loss Isolation Energy 76.1 38 100 Concord Control Systems 109.95 55 98.18

Concord Control Systems and Cargotrans Maritime IPO receive stellar investor response

  Both issues subscribe 262 and 140 times respectively Concord Control Systems public issue of 15.12 lakh equity shares at a price band of Rs 53 -55 per share, received a whopping investor response for its SME IPO that was available for subscription at BSE SME from 27 to 30 September 2022. The issue was subscribed 262 time attracting over Rs 1600 crore for its 8.32 Crore IPO.     Incorporated in 2011, Concord Control Systems Limited is engaged in the business of  manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors.  The company manufactures products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in the electrification of coaches and broad-gauge network of Indian Railways like Battery Charger 200 AH, Battery Charger 40 AH, and Tensile Testing Machine. Cargotrans Maritime Limited IPO