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Nagpur businessman Ravi Agrawal raises his stake in Infibeam Avenues from 5.65% to 7.11%
After acquiring an initial stake of 5.65% in e-commerce giant Infibeam Avenues in April, Nagpur-based businessman Ravi Agrawal, along with his family members, has raised an additional stake in the company bringing the total stake to 7.11%.
Agrawal, along with persons acting in concert (Suraj Agrawal and others) has acquired additional equity shares resulting to acquisition of total 4,71,73,974 equity shares of the company on June 18, Infibeam informed through a BSE filing. As a result, Agrawals shareholding in digital payment and e-commerce technology platform has increased from 5.65% to 7.11%.
Ravi Agrawal, Chairman, L7 Group, has a deep interest in technology sector and has been very bullish about e-commerce and digital payment segments. Agarwal says that COVID-19 pandemic has made technology an immersive part of our daily lives and e-commerce and digital payments will further thrive due to social distancing. Besides technology sector, Agrawal also actively invests in hospitality, manufacturing and agri-tech sectors.
Infibeam Avenues, which owns the well-known payment getway service CCAvenues, is an Indian internet and e-commerce conglomerate involved in digital payments, online retailing and other internet services. Just last week, the company signed a binding agreement for 100 percent acquisition of card payment company Cardpay Technologies.
Thane Municipal Corporation (TMC) added 25 additional beds in Chhatrapati Shivaji Maharaj Hospital Kalwa apart from arranging a special ward dedicated to COVID-19 patients. The total number of active patients in the city stood at 252 while five succumbed to the virus. Meanwhile, TMC Commissioner Abhijit Bangar said a ‘death audit’ of patients who died of COVID would be conducted. The TMC has ensured it has additional stock of oxygen concentrators, testing kits, medicines, to name a few. Bangar told HT, “Due to the increasing number of Covid patients, it is necessary for everyone to be alert.”
He added, The number of Covid tests should be increased to stay one step ahead of the disease. As a result, the number of patients is likely to increase due to increased testing. However, as per the ‘test, isolate, treat’ protocol for Covid, it becomes necessary to isolate and treat more and more patients. The testing centres will not remain closed even for a single day. At the same time, more arrangements for testing will be made immediately in public places, markets, railway stations, malls.”
India recorded 3,095 new COVID cases and five deaths in last 24 hours.
Also read: Nagpur records 22 COVID cases in 24 hours
Politics
After Rahul Gandhi’s disqualification, his namesake who contested from Wayanad disqualified
Rahul Gandhi
An independent candidate for Lok Sabha elections named Rahul Gandhi was disqualified from contesting polls for failing to lodge account of election expenses. Gandhi, who’s name figures as ‘Rahul Gandhi K E S/o Valsamma’ in an Election Commission list of persons, had contested the 2019 Lok Sabha elections as an Independent and had received 2196 votes from the Wayanad seat in Kerala – a constituency from where ex-Congress MP Rahul Rajiv Gandhi had won with over seven lakh votes.
However, since it is mandatory for all contestants to submit their account of election expenses among other mandatory requirements under EC rules and the Representation of the People Act.
Rahul Gandhi K E S/o Valsamma stood disqualified to contest polls from September 13, 2021 till September 13, 2024. According to Section 10A, the Election Commission can disqualify a contestant for a period of three years from the date of the order if he/she has failed to lodge an account of election expenses within the time and in the manner required by law and has no good reason or justification for the failure.
Also read: ‘CBI under UPA govt. pressurised me to frame Modi,’ recalls Amit Shah
A total of 22 patients tested positive for COVID-19 in Nagpur in past 24 hours on Thursday. Almost 242 people were tested in the city, out of which 15 belonged to urban area while and 6 were from the rural areas, and one from outside Nagpur district.
At present, there are 72 active patients in the city. Three new cases of the new XBB.1.16 variant of COVID-19 were detected that took the total tally to five in the district.
India recorded 3,095 new COVID cases and five deaths in last 24 hours.
Also read: CELESTIAL! Unique alignment of Moon and 5 planets
Thane Municipal Corporation adds 25 beds as COVID cases rise
After Rahul Gandhi’s disqualification, his namesake who contested from Wayanad disqualified
Nagpur records 22 COVID cases in 24 hours
‘CBI under UPA govt. pressurised me to frame Modi,’ recalls Amit Shah
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4 arrested for gang raping 30-yr-old at New Delhi railway station
8-yr-old sits by road with brother’s body as father tries to arrange vehicle to return home
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Shivaji Jayanti celebrations held at DPS Kamptee in Nagpur
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