Russia's grain exporters will propose reducing transaction costs on wheat payments to Egypt's new commodities importer, Mostakbal Misr, which has replaced the General Authority for Supply Commodities, due to Western sanctions limiting access to the global financial system. Russian exporters are ready for fair competition and expect the new authority to maintain financial guarantees.
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Information technology firm Wipro on December 23 announced the appointment of Ranjita Ghosh as its new Global Chief Marketing Officer."Ranjita Ghosh will assume her new role from February 1, 2025. In this role, she will lead all marketing activities for Wipro Limited across its geographies, shaping the company’s brand and contributing significantly to its growth," the company said.
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Jajoo Rashmi Refractories has filed papers with SEBI to raise Rs 150 crore via an IPO, comprising a fresh issue to fund new manufacturing facilities and working capital requirements. The company, which exports 90% of its ferro alloys and refractory materials, reported a 6% net profit growth to Rs 24.3 crore in FY24.
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