Sabarmati Times

Eight years ago, on 6 October 2010, some members of the Kirloskar family including Atul Kirloskar and Rahul Kirloskar had sold 13.5% of Kirloskar Brothers Limited shares worth about ₹275 crore before financial results were reported on 8 October 2010. In 2012, the Securities and Exchange Board of India (Sebi) sent a letter to the company seeking transaction details. Following this, Kirloskar Brothers Limited hired law firm AZB and Partners to conduct a forensic audit to verify allegations of insider trading. The audit found that few members of the Kirloskar Family, including the two brothers, mis-stated in a regulatory disclosure that they were not in possession of unpublished price-sensitive financial information while seeking clearance to sell Kirloskar Brothers shares. The code of conduct for promoters and other key management personnel requires them to take the board’s clearance before transacting in the company’s shares. “The financial performance of Kirloskar Brothers w...

Indian developers contribute actively to open source projects: DigitalOcean Currents Report 23rd Nov, Bangalore India: DigitalOcean, the cloud services platform designed for developers brings out key developer cloud trends through its quarterly Currents report. In the fifth edition of Currents, they focused entirely on open source, to coincide with the movement’s 20-year anniversary. They asked more than 4,300 respondents around the world about the state of open source, including how they and their companies use it and what inspires them to support the community. The following are some key findings from the report:  • Twenty years in, just over half of developers surveyed are contributing to open source projects (55 percent). However, that is less than what companies expect from their employees: three out of four respondents said their companies expect them to use open source software as part of their day-to-day development work. • Two of the most prominent barriers preve...

Mumbai- November 29, 2018 : ICFAI Business School, Mumbai has emerged as a top preference of those aspiring for a programme in Management and is rated among the best B-Schools in India, IBS Mumbai. Distinguished for its perfect mix of knowledge and skills, IBS Mumbai prepares students for corporate careers. It provides state-of-the-art infrastructure at its expansive and beautiful campus of over one lakh square feet in the elite neighbourhood of Hiranandani Gardens Powai, Mumbai. Over 50% of the group’s international placements happen at IBS Mumbai.  The IBS Mumbai Career Management Centre has a strong industry network and leads other B-Schools in placing its students in Insurance, BFSI, IT & ITES, Media and Entertainment, Digital Marketing, and other sectors. Aiming at developing future leadership and global excellence, IBS Mumbai encourages students to share experiences, solve problems, take decisions, work in teams, take up live projects and organise events...

First outlet in Pune Total 19 outlets in India Pune:  29 th  November, 2018: Having groomed the Monarchs of Great Britain for 200 years through nine consecutive reigns, Truefitt & Hill (T&H) continues the legacy by bringing their sophistication to the most prestigious address in Pune, Koregaon Park. The uber millennial of KP can now dedicate a day to themselves for all their grooming needs as T&H brings their world renowned grooming services along with its first spa service in the city of Pune. Brought to India by the Lloyds Luxuries Ltd. , which has acquired the Master Franchise License for not just India but also Nepal, Bangladesh, Sri Lanka, Bhutan, Myanmar and Vietnam, the venture looks promising. Started by  Krishna Gupta  &  Istayak Ansari  in 2013, Lloyds Luxuries Ltd aims at creating an atmosphere of total relaxation and ultimate comfort for their male guests. Through this, they wish to encourage grooming for men greatness....