United Spirits invests into a new gen alcohol Company

United Spirits Limited (USL) is investing into Nao Spirits & Beverages Limited. Key points to note – USL is investing Rs 31.50 crore for a 22.5% stake on fully diluted basis Rs 20 crore primary for 14.29% stake: fresh CCPS + equity shares Rs 11.50 crore secondary for 8.21% stake – acquisition of equity shares … Read more

Pharma, FMCG push hiring activity in India by 24% in September: Naukri.com

Driven by industries like pharma, fast-moving consumer goods, education and IT, hiring activity in India saw a growth of 24 per cent in September compared to the previous month, according to a new report by job portal Naukri on Monday. Further opening up of the economy with unlock measures and increased mobility has led to … Read more