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IndiaMart IPO set to hit market on June 24, price band at Rs 970-973

Wednesday, June 19, 2019, 4:14 PM

IndiaMart InterMesh, the country's biggest online B2B marketplace for business products, is going to hit the capital markets with an initial public offering on June 24. The company will offer around 48.88 lakh shares of face value of Rs 10 each in the price band of Rs 970-973 per share. The issue will close on June 26.
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M&M announces price hike due to new safety norms

Wednesday, June 19, 2019, 3:52 PM

Country's third largest carmaker Mahindra & Mahindra Ltd, on Wednesday announced a price increase of up to Rs 36,000 across its models, effective from 1 July 2019. This price increase is due to the implementation of AIS 145 Safety Norms across all passenger vehicles in India, the company said. The new emission laws come into effect from April 1, 2020.
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Nissan appoints Sinan Ozkok as President of India operations

Monday, June 10, 2019, 6:28 PM

Japanese auto major Nissan Monday announced the appointment of Sinan Ozkok as the President of its Indian operations. Ozkok will be based out of Gurgaon and would be responsible for all functions in India, including sales and marketing, research and development and manufacturing, for both Nissan and Datsun brands, the company said in a statement.

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