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Ingram Micro launches advanced warehouse facilities in Jafza DUBAI, 2 days ago Ingram Micro has opened its new warehouse facilities in Dubai during an official inauguration ceremony, attended by senior executives from DP World, UAE Region and Jebel Ali Free Zone (Jafza).
Those who attended included Abdulla Bin Damithan, CEO & Managing Director, DP World, UAE Region & Jafza, Dr Ali Baghdadi, SVP & Chief Executive of Ingram Micro – META, and Lalit Sharma, Ingram Micro Head of Operations in META.
Damithan said: “As a global trade enabler, we at DP World, UAE Region firmly believe in contributing to the success of our partners through our multimodal hub that includes Jafza, our flagship free zone. Owing to our enhanced competencies, Jafza has been providing a competitive and rewarding business environment to over 8,600 registered companies from over 140 countries and is a major source of FDI inflow into Dubai, accounting for 23.9 per cent ....
The Securities and Exchange Board of India (SEBI) has imposed a total fine of Rs1.05 crore on Indiabulls Ventures Ltd (now known as Dhani Services), Pia Johnson -its former non-executive director, Mehul Johnson - her husband and Lalit Sharma -its company secretary for violating insider trading norms. ....
The firm is currently known as Dhani Services. The former non-executive director, Pia Johnson, and her husband, Mehul Johnson, violated the Prohibition of Insider Trading (PIT) norms by trading in firm s scrip while in possession of unpublished price-sensitive information (UPSI) when the trading window ought to have been closed. Mehul was also an employee of Indiabulls Real Estate Ltd (IREL) and has association with Indibulls Group companies. Pia and Mehul made collective gains of Rs 69.09 lakh. The investigation period is January-November 2017. For violation of insider trading norms, Pia and Mehul Johnson are facing a fine of Rs 25 lakh each. In March 2017, the company told the NSE that Indiabulls Distribution Services Ltd, a wholly-owned subsidiary of Indiabulls Venture, had signed a definitive agreement to sell its 100 per cent stake in India Land and Properties Ltd, at a consideration of Rs 685 crore, to Indiabulls Infrastructure Ltd, a wholly-owned s ....