Latest News | Business Briefs Awespace Ventures to Raise Up to USD 25 Million
Get latest articles and stories on Latest News at LatestLY. Transaction advisory firm Awespace Ventures on Friday said it is planning to raise up to USD 25 million to fund its growth.
Mumbai, Sep 29 (PTI) Transaction advisory firm Awespace Ventures on Friday said it is planning to raise up to USD 25 million to fund its growth.
The company is mulling entry into the rental management services business, and assured property owners of an annual yield of 21.5 per cent, as per an official statement.
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**** Marico CEO Saugata Gupta appointed Asci chairman *
FMCG firm Marico's Chief Executive Officer Saugata Gupta was on Friday appointed as the chairman of the advertising industry's self-regulatory body Asci.
Partha Sinha from Bennett Coleman & Company Ltd was elected the vice-chairman, while Pidilite's Sudhanshu Vats was appointed as the treasurer, as per a statement.
**** CITI elects Rakesh Mehra as chairman for 2 years *
The Confederation of Indian Textile Industry (CITI) on Friday said Rakesh Mehra has been elected as its chairman for two years and Ashwin Chandran as the deputy chairman.
Meanwhile, Dinesh Nolkha has been elected as the vice-chairman at the 65th annual general meeting, CITI said in a statement.
Mehra is the chairman of Banswara Syntex, an integrated textile manufacturer and exporter of yarns, fabrics and garments, having a turnover of Rs 1,400 crore, CITI said in a statement.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)