Latest news with #Chennai-headquartered
Time of India
14 hours ago
- Business
- Time of India
India Cements Capital sells 24.7% stake
CHENNAI: India Cements Capital (ICCL), a former associate company of India Cements, has sold 24.7% stake in the company to stock broking firm Paterson & Co. Chennai-headquartered ICCL is not part of India Cements, in which Ultratech Cement acquired the stake of N Srinivasan and family an year ago. Tired of too many ads? go ad free now In a stock exchange filing on Thursday, ICCL said Paterson & Co has acquired 53,72,000 shares comprising 24.7% stake. This will bring down the stake of majority shareholder Sri Saradha Logistics to 50.15% from 74.9%, though it will continue to hold the controlling stake. According to sources, the value of the deal was around Rs 8.5 crore. ICCL offers services in verticals including foreign exchange and share broking. India Cements forayed into financial services in 1990s by acquiring Aruna Sugar Finance and later renamed it as ICCL. The company commenced Full Fledged Money Changing activity in 1996. After UltraTech Cement took over India Cements last year, ICCL was hived off from the India Cements group. In July 2024, the promoter and promoter group comprising ICL Financial Services, ICL Securities and Srinivasan entered into agreements to sell their entire holdings of 1,04,21,750 equity shares constituting 48% of the paid-up equity share capital of the company to Sri Saradha Logistics, another entity in the promoter group. During FY25, ICCL recorded a revenue of Rs 4.6 crore.
Economic Times
4 days ago
- Automotive
- Economic Times
Chennai IT company employees get surprise Creta SUVs as gifts as it marks 10th anniversary
Agencies About Agilisium Who says companies can't be generous towards employees? A Chennai-based firm's rather extravagant gesture of gratitude and goodwill towards loyal staff has grabbed eyeballs on the Internet. To commemorate a decade of its operations, Chennai-headquartered tech services firm Agilisium celebrated its 10-year milestone with a heartfelt gesture—gifting 25 brand-new Hyundai Creta SUVs to some of its most loyal employees. These individuals have been part of Agilisium's journey since its foundation, having devoted ten continuous years of commemorative event was held at the company's office located in the World Trade Center, Chennai. It witnessed an enthusiastic gathering of more than 500 team members. The highlight of the occasion—the surprise SUV handover—had been meticulously kept secret, which intensified the joy and emotional reaction when the announcement was made. According to The Hindu Businessline, the moment left both the employees and their families overwhelmed and addition to the unexpected vehicle gifts, Agilisium rolled out pay increases based on individual performance across every level in the organization. This move, seen as a sign of the company's long-term commitment to its workforce, was especially appreciated during a time when the broader tech industry is navigating uncertainty and conservative Babu, Agilisium's founder and CEO, emphasized that the company's core strength has always been its people. He noted that such meaningful gestures not only acknowledge contributions but also reinforce and energize the company's shared values and internal celebration didn't end with the event. Agilisium later shared snapshots and highlights from the occasion on its LinkedIn page, underscoring the deeper intention behind the celebration. The post described the gesture not just as recognition for completing ten years, but as a celebration of the company's foundational values—generosity, employee-centric thinking, and a focus on nurturing long-term growth and trust. According to the post, it was a reflection of what Agilisium had become: a thriving community that celebrates loyalty, invests in progress, and honors the stories behind each employee's professional post rapidly garnered attention across social platforms, with users appreciating the company's genuine approach to acknowledging commitment. Among the many responses, one viewer praised Agilisium's efforts to highlight employee loyalty with such a significant and thoughtful this move, Agilisium not only commemorated its own growth but also reinforced its image as an employer that deeply values and celebrates the people who shape its success. In an industry where recognition often gets overlooked, this initiative stood out as a benchmark in thoughtful corporate is a top-tier partner in advancing data innovation specifically for the life sciences company works closely with major players in pharmaceuticals, biotechnology, and medical devices to deliver intelligent, data-backed strategies and cutting-edge technological solutions. These offerings are designed to streamline operations across the entire value chain—from research and development to market delivery—ultimately fast-tracking scientific breakthroughs, elevating patient health outcomes, and expanding the availability of cost-effective its consistent excellence and forward-thinking approach, Agilisium has earned recognition from respected industry analysts like the Everest Group and ISG, as well as from major consulting firms such as Ernst & Young and global tech leaders like Amazon Web Services. What sets Agilisium apart is its unwavering focus on disciplined execution and continuous innovation, allowing it to play a key role in shaping what's next for the life sciences landscape.
Time of India
6 days ago
- Business
- Time of India
Chennai IT company employees get surprise Creta SUVs as gifts as it marks 10th anniversary
Who says companies can't be generous towards employees? A Chennai-based firm's rather extravagant gesture of gratitude and goodwill towards loyal staff has grabbed eyeballs on the Internet. To commemorate a decade of its operations, Chennai-headquartered tech services firm Agilisium celebrated its 10-year milestone with a heartfelt gesture—gifting 25 brand-new Hyundai Creta SUVs to some of its most loyal employees. These individuals have been part of Agilisium's journey since its foundation, having devoted ten continuous years of service. The commemorative event was held at the company's office located in the World Trade Center, Chennai. It witnessed an enthusiastic gathering of more than 500 team members. The highlight of the occasion—the surprise SUV handover—had been meticulously kept secret, which intensified the joy and emotional reaction when the announcement was made. According to The Hindu Businessline, the moment left both the employees and their families overwhelmed and proud. In addition to the unexpected vehicle gifts, Agilisium rolled out pay increases based on individual performance across every level in the organization. This move, seen as a sign of the company's long-term commitment to its workforce, was especially appreciated during a time when the broader tech industry is navigating uncertainty and conservative spending. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo Raj Babu, Agilisium's founder and CEO, emphasized that the company's core strength has always been its people. He noted that such meaningful gestures not only acknowledge contributions but also reinforce and energize the company's shared values and internal culture. Agencies The celebration didn't end with the event. Agilisium later shared snapshots and highlights from the occasion on its LinkedIn page, underscoring the deeper intention behind the celebration. The post described the gesture not just as recognition for completing ten years, but as a celebration of the company's foundational values—generosity, employee-centric thinking, and a focus on nurturing long-term growth and trust. According to the post, it was a reflection of what Agilisium had become: a thriving community that celebrates loyalty, invests in progress, and honors the stories behind each employee's professional journey. The post rapidly garnered attention across social platforms, with users appreciating the company's genuine approach to acknowledging commitment. Among the many responses, one viewer praised Agilisium's efforts to highlight employee loyalty with such a significant and thoughtful reward. With this move, Agilisium not only commemorated its own growth but also reinforced its image as an employer that deeply values and celebrates the people who shape its success. In an industry where recognition often gets overlooked, this initiative stood out as a benchmark in thoughtful corporate gratitude.
Economic Times
7 days ago
- Automotive
- Economic Times
Maruti Suzuki signs MoU with Equitas Small Finance to offer financing options
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Leading car maker Maruti Suzuki India Ltd has partnered with private sector Equitas Small Finance Bank to offer vehicle financing options to its customers, a company official said on Friday.A memorandum of understanding between the two entities was signed with an aim to provide retail financing options for new cars, used cars and commercial vehicles."The collaboration is set to enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers," a company statement here Chennai-headquartered Equitas Small Finance Bank would leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. Maruti Suzuki India Ltd Senior Executive Officer Partho Banerjee exchanged documents with Equitas Small Finance Bank's retail assets head Jagadesh J in the presence of representatives of both organisations."Our collaboration will enable us to reach an even wider audience and offer them with competitive financing offers to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction," Banerjee said on signing the MoU "We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers," he added.
Time of India
7 days ago
- Automotive
- Time of India
Maruti Suzuki signs MoU with Equitas Small Finance to offer financing options
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Leading car maker Maruti Suzuki India Ltd has partnered with private sector Equitas Small Finance Bank to offer vehicle financing options to its customers, a company official said on Friday.A memorandum of understanding between the two entities was signed with an aim to provide retail financing options for new cars, used cars and commercial vehicles."The collaboration is set to enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers," a company statement here Chennai-headquartered Equitas Small Finance Bank would leverage the growing customer base of the bank to benefit diverse Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions. Maruti Suzuki India Ltd Senior Executive Officer Partho Banerjee exchanged documents with Equitas Small Finance Bank's retail assets head Jagadesh J in the presence of representatives of both organisations."Our collaboration will enable us to reach an even wider audience and offer them with competitive financing offers to add to the joy of buying a new car. We are confident that this partnership will drive growth and customer satisfaction," Banerjee said on signing the MoU "We remain dedicated to providing a wide range of easy and hassle-free finance options for our esteemed customers. Our partnership with Equitas Small Finance Bank reinforces this vision, providing tailored and affordable financing options for our customers," he added.
