Mankind Pharma, the maker of Manforce brand condoms and pregnancy test kits, rallied 32% on its debut on the Indian stock exchange, setting the stage for other IPO hopefuls in an otherwise muted public market this year. Shares of the pregnancy test kit Prega News maker opened 20% above the IPO price at Rs. 1,300.… Continue reading Mankind IPO debut shows investor appetite intact for firms with strong fundamentals
Tag: Strategy
UBS replaces CFO, keeps Credit Suisse’s Koerner in top team
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Koerner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group. Announcing its leadership reshuffle, UBS also promoted Todd Tuckner, now finance chief of its core wealth management business, to group chief financial officer,… Continue reading UBS replaces CFO, keeps Credit Suisse’s Koerner in top team
AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
SAN FRANCISCO, May 9, 2023 /PRNewswire/ — Sustainability for mobility has prompted electric passenger cars industry players to prioritize environmental, social and governance (ESG) goals. Heightened demand for decarbonization and the need to bring sustainability perspectives into management have encouraged incumbent companies to foster their ESG strategies. Climate change response has become global, suggesting an emphasis… Continue reading AB Volvo Strengthens ESG Portfolio to Tap into Electric Passenger Cars Industry – Astra ESG Solutions
Kearney announces expansion of aviation sector expertise and capabilities
Global consulting firm adds four seasoned professionals to enhance its service for aviation clients in the Americas. CHICAGO, May 9, 2023 /PRNewswire/ — Kearney, a leading global management consulting firm, announced an expansion of capabilities focused on aviation, including the appointment of four senior aviation professionals. These aviation experts will strengthen Kearney’s ability to serve airlines… Continue reading Kearney announces expansion of aviation sector expertise and capabilities
Echodyne and Supernal Partner on Next-Generation Radar Solutions for Enhanced Advanced Air Mobility Safety
As the AAM market evolves, radar is recognized as a crucial safety element to make everyday air vehicle transportation a reality Seattle, WA. and Washington, DC, May 9, 2023 /PRNewswire/ — Echodyne, the radar platform company, announces today a strategic agreement with – and minority investment from – Supernal, Hyundai Motor Group’s Advanced Air Mobility… Continue reading Echodyne and Supernal Partner on Next-Generation Radar Solutions for Enhanced Advanced Air Mobility Safety
Nation Safe Drivers and Questx to Combine
Enhances National Leadership Position in Roadside Assistance and Mobility Services BDT Capital Partners to Maintain Majority Stake in Combined Platform BOCA RATON, Fla. and ST. JOHNS, Mich., May 9, 2023 /PRNewswire/ — Nation Safe Drivers (“NSD”) and Questx today announced that they have completed a strategic business combination to form one of the nation’s largest… Continue reading Nation Safe Drivers and Questx to Combine
Capstone Logistics Acquires Last Mile Distribution Provider Rapid Response Delivery
PEACHTREE CORNERS, Ga., May 9, 2023 /PRNewswire/ — Capstone Logistics, LLC (“Capstone” or the “Company”), a leader in end-to-end supply chain solutions, announces the acquisition of Rapid Response Delivery (“Rapid Response”). Rapid Response is a Maryland-based company that has been in business for over twenty years, providing final-mile delivery services throughout the mid-Atlantic region. “The… Continue reading Capstone Logistics Acquires Last Mile Distribution Provider Rapid Response Delivery
Zyngo Mobility raises USD 5 m in Pre-Series A funding Led by Delta Corp
Prateek Rao, CEO and Founder, Zyngo Delhi: Zyngo EV Mobility Pvt. Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has raised USD 5 million in Pre-Series A funding led by Delta Corp Holdings with participation from existing investors LC Nueva Investment Partners LLP. The fund will be used for increasing fleet size, expanding to new… Continue reading Zyngo Mobility raises USD 5 m in Pre-Series A funding Led by Delta Corp
Gabriel partners with Inalfa Roof Systems for local sunroof manufacturing at Chennai
Gabriel India, ANAND Group’s flagship company, has signed a Technical Collaboration and Alliance agreement with Inalfa Roof Systems to manufacture sunroofs for the Indian automotive market. Inalfa Roof Systems is a US$1.5 billion Dutch roof systems provider for the automotive and truck industry. Gabriel India aims to invest Rs 170 crore into the technical collaboration… Continue reading Gabriel partners with Inalfa Roof Systems for local sunroof manufacturing at Chennai
Aerospace Coatings Market to Register Healthy CAGR of 5% from 2023 to 2029 Attributing to the Increasing Military Demand on a Large Scale Globally
The Rise in The Number of Air Travelers Is Boosting the Growth of The Aerospace Coatings Market. PUNE, India, May 8, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Aerospace Coatings Market. The… Continue reading Aerospace Coatings Market to Register Healthy CAGR of 5% from 2023 to 2029 Attributing to the Increasing Military Demand on a Large Scale Globally