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April 8, 2021
Muthoot Finance Ltd 25th Public Issue of Secured Redeemable Non-Convertible Debentures Oversubscribed on Day 1 Posted On: 2021-04-08 08:15:29 (Time Zone: Arizona, USA) Muthoot Finance Ltd. 25th Public Issue of Secured Redeemable Non-Convertible Debentures(NCDs) of Rs.1700crs which opened today got oversubscribed on first day itself. As per the data available on the BSE on April 08,2021 at 5pm, against an issue size of Rs.1700crs, bids were made for Rs.2337crs. This was the first NCD Public...
April 6, 2021
Grasim Industries Limited raises Rs. 1000 crore through private placement of NCDs Posted On: 2021-04-05 21:52:43 (Time Zone: Arizona, USA) The members of the Stakeholders Relationship Committee of the Board of Directors of Grasim Industries Limited vide its circular resolution dated 5th April 2021 has allotted 10,000, 6.99% Fully-Paid Unsecured Redeemable Non-Convertible Debentures (NCDs) of Rs. 10 Lakh each (Series 21-22 / 6.99% GIL 2031) aggregating to Rs. 1,000 Crore, on private placeme...
April 6, 2021
Flipkart partners with EDEL by Mahindra Logistics to accelerate deployment of electric vehicles in its last-mile delivery Posted On: 2021-04-05 21:53:21 (Time Zone: Arizona, USA) Flipkart, Indias homegrown e-commerce marketplace, today announced that it has partnered with Mahindra Logistics Limited (MLL) as one of its key logistics partners to help fast track deployment of electric vehicles across its logistics fleet in the country. Flipkart has committed to 100% electric mobility in its l...
April 6, 2021
Copper - Outlook - April 6, 2021 - Reliance Securities Posted On: Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities Domestic Copper and the rest of the metal prices on MCX ended with solid gains on Monday. LME Copper prices and the rest of the base metal complex have started higher this Tuesday morning in Asian trade, tracking the weakness of the U.S Dollar. Prices also took support after data showed that a recovery in Chinas services sector picked up speed in March as firms hired...
April 6, 2021
G M Breweries Ltd board declares dividend of Rs. 4 Posted On: 2021-04-06 02:28:16 (Time Zone: Arizona, USA) The Board of Directors of G M Breweries Ltd at their meeting held on 6th April 2021 has recommended dividend at the rate of 40% i.e Rs. 4.00/- per share. The Dividend payment will be subject to approval of members at the forthcoming AGM. Shares of G.M.BREWERIES LTD. was last trading in BSE at Rs.448.45 as compared to the previous close of Rs. 435.6. The total number of shares traded ...
April 6, 2021
Pitstop raises USD 3.5 million in pre-series B funding led by Ventureast Posted On: 2021-04-06 02:53:23 (Time Zone: Arizona, USA) Pitstop, Indias most trusted tech-enabled multi-brand car service provider has raised USD 3.5 million in a Pre-series-B. The funding was led by Ventureast with participation from ACKO Technologies, LetsVenture, AngelList India, Blume Ventures, among others. The company has earlier raised funding from a marquee list of investors which includes Landmark Cars (one ...
April 6, 2021
Trident Limited granted a patent for Process for Manufacturing Air Rich Yarn and Air Rich Fabric by United States Patent Office Posted On: 2021-04-05 22:11:19 (Time Zone: Arizona, USA) Trident Limited has been granted a patent for Process for Manufacturing Air Rich Yarn and Air Rich Fabric by United States Patent Office. The present invention related to textile manufacturing and more particularly to a process for manufacturing air-rich yarn and air-rich fabric exhibiting high wettability, ...
April 6, 2021
Gold - April 6, 2021 - Reliance Securities Posted On: Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities International gold prices are trading with small gains this early Tuesday afternoon trade in Asia to their supported by a weaker dollar and pullback in U.S. bond. However, upside remained capped as recent better-than-expected economic readings out of the United States have lifted hopes around swift recovery and drove investors towards riskier assets. Lack of any major data could...
April 6, 2021
Silver - April 6, 2021 - Reliance Securities Posted On: Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities International and silver prices are trading with gains gains this early Tuesday afternoon trade. Technically, LBMA Silver Spot is holding a support near $24.75-$24.30 levels where it could see some bounce back up to $25.45-$26.00 levels. Technically, MCX Silver May is above 65000 which could push prices to 65700-66300 levels. Disclaimer: The recommendations, if any, made herei...
April 6, 2021
Wipro appoints Sarah Adam-Gedge as Managing Director for Australia and New Zealand Posted On: 2021-04-06 02:28:06 (Time Zone: Arizona, USA) Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced the appointment of Sarah Adam-Gedge as the Managing Director for Australia and New Zealand (ANZ). Sarah has proven experience in leading digital transformation initiatives for large organizations...