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Kirloskar Brothers Limited (BSE: 500241 NSE: KIRLOSBROS) is a pump manufacturing company involved in engineering and manufacture of systems for fluid management. [1] Established in 1888 in Kirloskarvadi and incorporated in 1920, Kirloskar Brothers Limited is the flagship company of the $2.5 billion Kirloskar Group .
The NSE co-location scam relates to the market manipulation at the National Stock Exchange of India, India's leading stock exchange.Allegedly select players obtained market price information ahead of the rest of the market, enabling them to front run the rest of the market, [1] [2] possibly breaching the NSE's purpose of demutualisation exchange governance and its robust transparency-based ...
Kirloskar Brothers Limited Kirloskarvadi; Kirloskar Brothers Limited Kirloskarvadi-Palus, SPP Pumps (UK), Braybar Pumps Ltd., (South Africa) and Kolhapur Steels Ltd. [3] [4] Kirloskar Brothers produces Centrifugal pumps from 0.1 kW to 26 mega-watts single pumps, pumping liquids in excess of 35,000 liters/sec thus producing some of the largest pumps by size and horsepower.
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This page was last edited on 9 May 2013, at 05:25 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply ...
Kirloskar Pneumatic Company Limited (KPCL) is one of the core Kirloskar Group companies and was founded in 1958 by Shantanurao Laxmanrao Kirloskar. The company offers engineering products and is represented by offices across the globe. [1] KPCL serves major sectors like Oil and Gas, Steel, Cement, Food and Beverage, Railways, Defense and Marine.
Two branch employees were involved in the scam, in which the bank's core banking system was bypassed to raise payment notes to overseas branches of other Indian banks (including Allahabad Bank, Axis Bank and Union Bank of India) with the Society for Worldwide Interbank Financial Telecommunication.
Mehta used the ready forward deal and applied it to the Bank Receipts system of the Indian financial systems. This system was the most flawed system as the Janakiraman Committee restructured the entire Bank Receipts system after the 1992 scam. [11] Mehta used forged BR's to gain unsecured loans, and used several small banks to issue BRs on demand.